In a social media post, President Trump touted the U.S. government's 10% stake in Intel, noting that it is now worth $60 billion.
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Consumers may finally be getting some relief at the pump, with gas prices falling to their lowest levels since March following the Iran peace deal. But any savings could be offset elsewhere, as the AI-driven chip shortage pushes up the price of Apple (AAPL) iPhones. Hennion & Walsh CIO Kevin Mahn and Yahoo Finance Senior Business Reporter Ines Ferre join Julie Hyman to discuss the latest pressures on consumers and how the Fed is navigating the shifting inflation landscape.
Intel Corp (NASDAQ:INTC, XETRA:INL) shares jumped about 8% in early trade on Thursday after US President Donald Trump said Apple Inc (NASDAQ:AAPL, XETRA:APC) had agreed to work with the company to design and manufacture chips in the United States. In a post on Truth Social, Trump wrote that...
Apple Inc (NASDAQ:AAPL, XETRA:APC) plans to raise prices on some of its products as surging memory and storage chip costs pressure its supply chain, CEO Tim Cook told The Wall Street Journal in an interview. "Unfortunately, price increases are unavoidable," Cook told the publication. "We're...
Intel stock jumped after U.S. President Donald Trump said Apple has reached a chip manufacturing deal with Intel.
In recent days, Apple has warned that it will raise prices across products like iPhones, Macs, and iPads as soaring memory and storage chip costs, driven by AI-related demand and supply tightness, make current pricing unsustainable. This shift signals that AI infrastructure inflation is now feeding directly into consumer hardware, forcing even a cash-rich company like Apple to pass higher component costs on to customers rather than fully absorbing them. We’ll now examine how these...
Memory costs could pressure upcoming device launches
Apple Faces Growing Cost Pressure, Tim Cook Warns of Higher Prices Ahead
President Donald Trump said Thursday that Intel has struck a deal with Apple to start producing computer chips in the United States.
Trump said Apple has agreed to work with Intel on chip design and manufacturing in the United States.
Shares of the memory-chip maker rally after Apple CEO Tim Cook says price hikes will be “unavoidable” for the iPhone maker.
Trump said Apple agreed to work with Intel on chip design and production, extending Intel's string of high-profile foundry wins
FEATURE Tech stocks were rebounding on Thursday after President Donald Trump signed a memorandum of understanding to end the Iran war. Futures tracking the rose 0.8%, putting the tech-heavy index on track to claw back some of its losses from the previous session.
(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
The top ten US technology stocks now account for nearly 40% of the S&P 500's total market capitalisation, marking the highest concentration since the late 1990s tech bubble and well above the 25% recorded during the dotcom crash itself. That figure underscores how completely artificial...
Investing.com -- Shares of U.S. semiconductor companies climbed in premarket trading Thursday after President Trump said Apple has agreed to work with Intel to design and manufacture its chips domestically.
Volkswagen (ETR:VOW3) used its 66th annual general meeting to outline a difficult but active 2025 fiscal year, with executives pointing to product launches, electric-vehicle momentum and restructuring progress while warning that tariffs, competition and geopolitical pressures continue to weigh on pr
(Corrects days of the week throughout the text) June 18 (Reuters) - U.S. stock index futures rebounded on Thursday after the previous session's selloff as optimism about a Middle East peace deal
↗️ Intel (INTC): Shares in the tech giant surged premarket after President Trump said Apple agreed to work with it to design and build chips in the U.S. ↗️ Apple (AAPL): The iPhone maker plans to raise prices on its products to offset surging memory and storage-chip costs, CEO Tim Cook told the Journal.
Intel stock was gaining after President Donald Trump said the company has signed up a major chip-manufacturing client.
(Bloomberg) -- Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside 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 Air
Shares in Intel are up nearly 10% in premarket trading after President Trump said Apple agreed to work with the tech giant to design and build chips in the U.S. Apple and Intel previously reached a preliminary agreement for Intel to manufacture some chips for Apple devices after more than a year of intense talks, The Wall Street Journal reported in May.