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Trump says Apple to work with Intel to manufacture chips in US
Reuters103d agoneutral
Trump says Apple to work with Intel to manufacture chips in US

President Donald Trump said in a ‌Truth Social post on ‌Thursday that Apple had agreed to ​work with Intel to design and build its chips in the United States. Intel had reached a ‌preliminary deal ⁠to make some chips for Apple, following discussions ⁠that went on for more than a year, the ​Wall Street ​Journal reported ​in May.

Trump says Apple to partner with Intel on US chip design, production
Reuters103d agoneutral
Trump says Apple to partner with Intel on US chip design, production

U.S. President Donald Trump said in a Truth Social post on Thursday that Apple has agreed ‌to work with Intel to design and manufacture its chips ‌in the United States. A partnership with Intel helps Apple diversify its manufacturing base ​as it seeks additional chip capacity. The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD.

Apple to hike prices as chip shortage bites: WSJ
Reuters Videos103d agoneutralVIDEO
Apple to hike prices as chip shortage bites: WSJ

<body><p>STORY: Apple plans to raise prices for its products as a shortage of memory chips bites.</p><p>That’s according to Chief Executive Tim Cook in an interview with the Wall Street Journal published Wednesday.</p><p>A surge in AI-driven demand has left consumer electronics companies battling to secure supplies of key components, with chip prices soaring as a result.</p><p>Cook says Apple has done its best to avoid passing on the rising costs to consumers.</p><p>But he told the Journal that price hikes were now unavoidable.</p><p>He didn’t say exactly when the increases would come, or how big they would be.</p><p>Cook identified memory chips as a key issue, saying suppliers were passing on “huge” price increases.</p><p>He said Apple was ready to invest in steps to boost supply, but wouldn’t build its own memory chip factories.</p><p>Cook is due to hand over the reins to John Ternus in September.</p><p>The change in leadership will come as Apple launches key products.</p><p>It’s widely expected to debut its first folding handset that month, alongside new versions of the regular iPhone.</p></body>

Apple (AAPL) Is Reportedly Building AI AirPods And A Foldable iPhone For 2027
Simply Wall St.103d agoneutral
Apple (AAPL) Is Reportedly Building AI AirPods And A Foldable iPhone For 2027

Apple is reportedly working on AI-enabled AirPods with integrated cameras aimed for a 2027 release. The company is also said to be developing a second-generation foldable iPhone on a similar timeline. These products would mark a shift toward AI wearables and foldable devices beyond regular hardware refresh cycles. For investors tracking Apple, NasdaqGS:AAPL, the focus is often on how new product categories can complement existing revenue drivers. The stock is currently trading at $295.95,...

Qualcomm eyes $10 billion AI shortcut as smartphone growth slows
TheStreet103d agoneutral
Qualcomm eyes $10 billion AI shortcut as smartphone growth slows

Qualcomm (QCOM) helped define the smartphone era. Now the chip giant is striving to prove it can play a far bigger role in the artificial intelligence boom. That may take a lot. Qualcomm is in talks to buy AI chip firm Tenstorrent in a transaction valued at $8 billion to $10 billion, according to ...

Investing.com103d agoneutral
Apple CEO warns price hikes ’unavoidable’ as chip costs bite - WSJ

Apple is hardly alone in confronting this pressure. Microsoft’s newly launched Surface Pro 13-inch starts at $1,499 and its Surface Laptop at $1,599, roughly 50% above the prior-generation models that launched in 2024 at $999, with the AI-driven memory shortage cited as a central reason for the jump, according to reporting by Yahoo Finance. The repricing across the PC industry reflects a structural shift in the memory market that shows little sign of easing soon.

Apple to raise prices due to memory chip shortage, CEO tells WSJ
Reuters104d agoneutral
Apple to raise prices due to memory chip shortage, CEO tells WSJ

Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told ‌the Wall Street Journal in an interview. A surge in AI-driven demand for ‌data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key ​components, driving prices sharply higher. Groups representing automakers, retailers, electronic firms and others had warned earlier this month that the increasing demand for memory chips could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains.

Bloomberg104d agoneutral
Apple Prepares Second-Generation iPhone Air for Spring 2027

(Bloomberg) -- Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iP

Boring, quiet & crushing the market for the last 5 years
TheStreet104d agoneutral
Boring, quiet & crushing the market for the last 5 years

This is the third piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the five companies and the data. The second piece covered defense and nuclear supplier Curtiss-Wright. This week: a company that moves ...