Apple’s Bold iPhone Expansion: 5 New Models, 10 Million Foldables Drive Stock Jump
Strong production outlook helps Apple navigate global memory chip shortage.
Strong production outlook helps Apple navigate global memory chip shortage.
Evercore ISI views the move as a margin defense and maintains a bullish $365 Outperform target.
Apple will work with Intel to make chips in the U.S., reducing reliance on Asia and boosting Intel’s business and stock.
Snap launched $2,195 AR Specs glasses mixing real world with digital layers; analysts mixed, stock fell on high price concern.
Intel shares rise in early trading after announcing 18A-P process has entered risk production. The enhanced node offers major efficiency gains and boosts foundry ambitions.
Apple’s new AI is useful but not a game-changer; Wall Street says it may help users, but won’t boost iPhone sales soon.