Apple's (AAPL) chip production deal with Intel (INTC) represents a big opportunity for the semicondu
(Bloomberg) -- The artificial-intelligence race is becoming so expensive that it’s snuffing out one of the key forces that has helped keep Big Tech stocks soaring for years: steady share buybacks.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera AirPods Alongside Upgrad
(Bloomberg) -- Intel Corp.’s stock surged Thursday after US President Donald Trump said the chipmaker will work with Apple Inc. to design and produce semiconductors domestically.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera AirPods Alongside Upgraded Foldable iPhone
SanDisk (NASDAQ:SNDK) stock is surging in Thursday trading, up 11% to $2,170. Western Digital (NASDAQ:WDC) stock is also flying, up 7% to roughly $764. The catalyst landed before the open and hit memory and storage names broadly. The trigger came from Apple (NASDAQ:AAPL) CEO Tim Cook, who told the Wall Street Journal that surging memory ... SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes
All three major US stock indexes rose in midday trading Thursday as investors assessed the signing o
A report suggests the semiconductor specialist has inked an important deal.
SpaceX's greatest opportunity could come in 2028.
Apple’s grip on iPhone app distribution is loosening in another major market: Brazil.
President Trump just gave Intel, Apple, and Sandisk investors some very good news.
I keep hitting the buy button on Apple (NASDAQ:AAPL), and the June panic over Fed Chair Kevin Warsh has only made my finger faster. Momentum traders are dumping high-flying tech indiscriminately, terrified Warsh will hold or hike to stamp out sticky inflation, and Apple has been dragged back under the $300 threshold at $299.24. I ... Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street
President Trump just gave Intel, Apple, and Micron investors some very good news.
The artificial intelligence boom is reshaping more than just software. It is rewriting the economics of the entire technology industry. The four largest hyperscalers — Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Meta Platforms (NASDAQ:META) — are expected to spend roughly $750 billion on AI infrastructure in 2026. That spending spree is consuming enormous amounts ... Tim Cook Says Apple Is About to Get Swamped By a “100-Year Flood”
Apple said on Thursday it will allow developers in Brazil to distribute iOS apps through alternative marketplaces and process payments outside its system, following an agreement with the country's antitrust watchdog CADE. • Apple agreed to make the changes to its services in December when it settled a dispute that had been opened in 2022. • For apps distributed via the App Store in Brazil, developers will be able to offer alternative payment methods within their apps and direct users to external websites to complete transactions, the company said.
Intel stock jumped after U.S. President Donald Trump said Apple has reached a chip manufacturing deal with Intel.
U.S. stocks rose in early Thursday trading, rebounding from the previous session’s Fed-driven selloff as falling oil prices and optimism surrounding the Iran peace deal boosted investor sentiment.
Intel (INTC) surged 9% in premarket trading after President Trump said in a Truth Social post that Intel and Apple (AAPL) have agreed on a deal to design and build semiconductors in the US.
SanDisk is trading at $2,144.40, up +9.48% intraday and within reach of its 52-week high of $2,167.33, while Micron Technology is at $1,111.91, up +6.59% and just below its own 52-week peak of $1,116.25. Both stocks have been on extraordinary runs over the past year — SanDisk has gained more than 4,400% in the past 52 weeks as NAND pricing entered a structural shortage cycle, and Micron has added roughly 810% — but Thursday's session marks a fresh catalyst: explicit confirmation from Apple that
Apple's (AAPL) reported deal with Intel (INTC) to design and build chips in the US could strengthen
Intel will build chips for Apple, President Trump wrote in a Truth Social post.
FEATURE Stocks rose Thursday with tech and artificial-intelligence names advancing after President Donald Trump signed a memorandum of understanding to end the Iran war. Oil prices slid closer to levels before the U.