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A Face Computer for $2,200? Snap Makes Another Pitch for Augmented Reality.
Barrons.com101d agoneutral
A Face Computer for $2,200? Snap Makes Another Pitch for Augmented Reality.

This past week, a group of AR devotees gathered at the AWE USA conference in Long Beach, Calif. Everyone there is betting that augmented-reality glasses will eventually come out on top. AWE sponsors included Meta Platforms,   Alphabet Google, and Nvidia but the headline sponsor and star of the show was Snapchat parent Snap and the launch of its new Specs AR glasses, at an eye-watering price point of $2,195. No company has made as focused a bet on AR as Snap.

Qualcomm (QCOM) Stock Is Up, What You Need To Know
StockStory101d agoneutral
Qualcomm (QCOM) Stock Is Up, What You Need To Know

Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) jumped 3.4% in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.

Apple Joins Tech’s Price Hike Party. Why it Stands Out from the Rest.
Barrons.com101d agoneutral
Apple Joins Tech’s Price Hike Party. Why it Stands Out from the Rest.

While Apple is joining a growing list of tech companies raising prices for consumers this year, the iPhone maker’s decision stands out. CEO Tim Cook said in an interview with The Wall Street Journal on Wednesday that Apple plans to increase prices to offset rising memory and storage costs. Component costs have been soaring as demand far outpaces supply, thanks to the growing need for hardware that helps power artificial intelligence.

Intel shares rise after Trump announces Apple partnership
Reuters Videos101d agobullishVIDEO
Intel shares rise after Trump announces Apple partnership

<body><p>STORY: ::Intel</p><p>::Archive</p><p>Shares of Intel rose as much as nearly 12% on Thursday, after U.S. President Donald Trump said the company would partner with Apple on chip design and production...</p><p>:: Intel</p><p>in what would be a major boost for Intel's efforts to turn around its business.&nbsp;</p><p>A contract with Apple would lock in steady demand from the iPhone maker, boosting Intel's reputation and sales as it looks to close the gap with rival TSMC, the world's biggest contract chipmaker.</p><p>::Archive</p><p>::AMD</p><p>For Apple, the deal would help diversify its manufacturing base and add chip capacity at a time when TSMC, its key partner, has been stretched thin by surging demand from AI chip-making clients such as Nvidia and AMD.</p><p>Trump's social media post about the agreement did not specify which chips Intel would make for Apple.</p><p>The president said it was his latest effort to help Intel, in which the U.S. government has a 10% stake.</p><p>::Archive</p><p>The Trump administration has been stepping up efforts to secure U.S. supply chains for semiconductors and critical minerals, including taking equity stakes in companies to reduce reliance on China.</p><p>Apple and Intel did not immediately respond to Reuters requests for comment.</p></body>

Why Micron (MU) Stock Is Up Today
StockStory101d agoneutral
Why Micron (MU) Stock Is Up Today

Shares of memory chips maker Micron (NASDAQ:MU) jumped 8.4% in the afternoon session after a coordinated wave of Wall Street price target revisions landed before the open, some of the most dramatic re-ratings seen in large-cap tech in years.

SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes
24/7 Wall St.101d agobullish
SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes

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