iPhone 17 Launch Exceeds Expectations with 14% Sales Surge
Apple's iPhone 17 outsells iPhone 16 by 14% in first 10 days despite no AI upgrades. Strong demand in China for base model, US consumers favor Pro Max with carrier deals.
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TSMC Doubles Down on AI: Chipmaker Raises 2025 Revenue Forecast Amid Global Semiconductor Boom
TSMC boosts 2025 revenue growth forecast to mid-30% for second time this year, citing stronger-than-expected AI chip demand despite geopolitical challenges.
Why One Analyst Thinks Apple's Stock Hopes Are Too High
Jefferies downgraded Apple stock because its price is "too high." It already assumes "overly bullish" success for the iPhone 17 and 18 Fold.
Intel also Approaches TSMC over Potential Investment and Partnership
Intel CEO Lip-Bu Tan is seeking partnerships with Apple and TSMC for investments or manufacturing, meeting with Tim Cook and C. C. Wei.
Intel is Seeking an Investment from Apple as Part of its Comeback Bid
Intel Corp., backed by the US government, is seeking further investment, approaching Apple for a deal that would validate the ailing chipmaker's crucial domestic turnaround efforts, even as challenges persist.
Wedbush Bullish on iPhone 17 and Apple AI Upside
Strong iPhone 17 demand and huge AI feature monetization are driving optimism. Wedbush target $310.