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Sony, Nintendo grapple with memory price surge as AI boom constrains supply
Reuters97d agobullish
Sony, Nintendo grapple with memory price surge as AI boom constrains supply

Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector. "Super Mario" maker Nintendo said that higher component costs, particularly memory, and the impact of tariffs is expected to add roughly 100 billion yen ($638 million) to costs in the current financial year. President Shuntaro Furukawa said the higher component costs, along with factors including exchange rates, were reflected in Nintendo's decision to hike prices of its Switch 2.

Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era
24/7 Wall St.98d agoneutral
Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era

Apple (NASDAQ:AAPL) just posted its best March quarter ever at $111.18 billion, while Intel (NASDAQ:INTC) followed with a sixth consecutive revenue beat. Now Bloomberg reports Apple is in early talks to use Intel and Samsung as U.S. chip suppliers. That single thread reframes both earnings reports. iPhone 17 Carries Apple. Foundry Carries Intel. Apple’s quarter ... Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era

Will the Iran Crisis Cause a Global Recession?
The Wall Street Journal99d agoneutral
Will the Iran Crisis Cause a Global Recession?

He cited “great progress” in talks with Iran. The International Monetary Fund published its 180-page World Economic Outlook three weeks ago. The differences between that and its now more likely “adverse” or “severe” scenarios aren’t small, and investors should take note as the Strait of Hormuz remains blocked.