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Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 yearsApple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are s...- US stocks: Nasdaq leads Wall Street gains as Amazon rally offsets Apple declineThe Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intel...
- Apple revenue, profits beat expectations on iPhone, Mac salesApple said sales for its fiscal third quarter ended June 27 were up 16.4% to $109.42 billion, compared with analyst estimates of a 15.5% ri...
- Apple posts record June quarter revenue in India, Mac sales hit all-time highApple achieved record revenue in India during the June quarter. Mac computers recorded their best sales performance in the country. This gr...
- Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...
- China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
- Apple raises AppleCare+ subscription prices for these buyers. Check detailsApple has raised AppleCare+ monthly and annual subscription fees for new Mac and iPad buyers. Existing customers will maintain their curren...
- Have all possible headwinds been priced in by the street? 7 agro-chem stocks with upside potential of up to 38%June was one of the worst monsoon months since records began to be kept. That is bad news for agro-chemical companies, though better rains ...
- Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...
- Meta to put AI chip into production in September as it looks to double computing capacityThe tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTI...
- Freight woes threaten fresh supply crunch in Manipur as transporters stay awayTransport operators are avoiding Manipur due to high costs and long travel times. Essential goods face shortages as highway conditions wors...
- Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...
- Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...
- Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
- Venezuela hit by another earthquake amid ongoing humanitarian crisisVenezuela was hit by a new 4.9 magnitude earthquake offshore, compounding the crisis from devastating twin tremors days earlier. The death ...
- Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
- Apple price hikes may flatten India iPhone growth; analysts cut forecast from double-digit to flatApple faces challenges in India as rising chip costs prompt price hikes. Analysts foresee flat or low single-digit iPhone shipment growth t...
- Redington shares rally 10% after Apple CEO Tim Cook says price hikes 'unavoidable' amid AI boomRedington shares surged over 10% after Apple CEO Tim Cook signalled potential price hikes due to rising memory and storage costs driven by ...
- Apple to raise prices due to memory chip shortage, CEO Tim Cook says: ReportApple CEO Tim Cook announced plans to increase product prices due to soaring memory and storage chip costs, driven by AI demand. He stated ...
- Global smartphone market faces record annual decline as chip crunch worsensThe global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due...
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