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Investing.com84d agoneutral
Broadcom stock pops 4% as Apple silicon deal gets extended through 2031

Investing.com -- Broadcom Inc. (NASDAQ: AVGO) shares climbed 4% on Monday after the semiconductor company announced a significant extension of its chip supply agreement with Apple Inc. (NASDAQ: AAPL), securing a critical revenue stream for the remainder of the decade. The new agreement ensures that Broadcom will remain a cornerstone of Apple’s hardware supply chain for years to come. According to the company’s recent SEC filing, the two tech giants are officially deepening their ties: "Broadcom

Bloomberg84d agobullish
Broadcom, Apple Expand Partnership to 2031 With Custom Chips

(Bloomberg) -- Broadcom Inc. said Monday that it will provide custom chips for Apple Inc. in an expanded deal that runs through 2031.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsFIFA Allows Balogun to Play After Trump Call Sparking UproarThe companies have signed a new multi-year

Broadcom, Apple extend chip partnership through 2031
Reuters84d agoneutral
Broadcom, Apple extend chip partnership through 2031

Broadcom said on Monday that ‌the chipmaker and ‌Apple have agreed to expand ​their partnership through 2031 to develop and supply a range of custom ‌chips. Broadcom has ⁠been a long-standing supplier to Apple, ⁠providing key components, including custom radio frequency ​chips used ​in ​iPhones, Wi-Fi and ‌Bluetooth connectivity chips, and other networking semiconductors. Apple is one of Broadcom's largest customers.

Musk Calls It ‘Utterly False,’ But This SpaceX Rumor Should Terrify Every Apple Investor
24/7 Wall St.84d agoneutral
Musk Calls It ‘Utterly False,’ But This SpaceX Rumor Should Terrify Every Apple Investor

Shares of Apple (NASDAQ:AAPL) rose 1.7% on July 1, 2026, the day the Wall Street Journal reported that SpaceX had shown IPO investors a prototype handset: slimmer than an iPhone, running a proprietary operating system, powered by a Qualcomm Snapdragon chip, and deeply integrated with xAI’s Grok. Elon Musk called the story “utterly false” on ... Musk Calls It ‘Utterly False,’ But This SpaceX Rumor Should Terrify Every Apple Investor

Foxconn Posts Strong Q2 Revenue Growth on AI Demand, Flags Geopolitical Risks (FXCOF)
InvestorsHub84d agoneutral
Foxconn Posts Strong Q2 Revenue Growth on AI Demand, Flags Geopolitical Risks (FXCOF)

Artificial Intelligence Drives Better-Than-Expected SalesFoxconn, officially known as Hon Hai Precision Industry (USOTC:FXCOF), reported a sharp increase in second-quarter revenue as strong demand for artificial intelligence infrastructure continued to fuel growth, although the company warned that geopolitical uncertainty remains a key risk. The world’s largest contract electronics manufacturer generated revenue of T$2.

Bloomberg84d agoneutral
Memory Chipmaker SK Hynix Kicks Off $28 Billion US Listing

(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T

Western Digital, Sandisk, Micron, Nvidia, SpaceX, and More Stocks That Explain Today’s Market
Barrons.com84d agoneutral
Western Digital, Sandisk, Micron, Nvidia, SpaceX, and More Stocks That Explain Today’s Market

Stocks were gaining in premarket Monday with technology stocks prominent among the gainers. Semiconductor companies were particularly prominent as the artificial-intelligence trade took off again. Western Digital was up 4.5%, Sandisk was up 3.9%, and Micron Technology rose 2.3% as memory-and-storage companies regained their momentum after a drop last week.

Bloomberg85d agoneutral
Chip Stock Bulls Count on Samsung to Soothe AI Trade Jitters

(Bloomberg) -- A wild ride for global chip stocks in recent weeks has left investors looking for fresh validation of the artificial intelligence trade. Samsung Electronics Co. may provide just that on Tuesday.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great Am

Micron Technology Inc. (MU) Sued Over Skyrocketing DRAM Prices amid AI Boom
Insider Monkey85d agoneutral
Micron Technology Inc. (MU) Sued Over Skyrocketing DRAM Prices amid AI Boom

Micron Technology Inc. (NASDAQ:MU) is one of the top AI Stocks to buy according to billionaire Philippe Laffont. On June 29, Micron Technology Inc. (NASDAQ:MU) was hit with a class action lawsuit over claims that it is restricting DRAM supply to inflate prices. The private class-action lawsuit in the US also names Samsung and SK […]