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Will Ultra Clean (UCTT) New CFO Hire Quietly Redefine Its UCT 3.0 Execution Story?
Simply Wall St.28d agoneutral
Will Ultra Clean (UCTT) New CFO Hire Quietly Redefine Its UCT 3.0 Execution Story?

Ultra Clean Holdings, Inc. recently announced that Michael Keogh, a veteran finance executive with experience at Ford, Bright Machines, Apple, Stanley Black & Decker, and Intel, will become its Chief Financial Officer on August 5, 2026, succeeding Sheri Savage. Keogh’s background in automation, advanced manufacturing, and large-scale finance organizations adds a new level of execution-focused leadership that could be important as Ultra Clean pursues its UCT 3.0 transformation plans. With...

Broadcom gets unexpected Wall Street call after major Apple victory
TheStreet28d agoneutral
Broadcom gets unexpected Wall Street call after major Apple victory

Broadcom (AVGO) got some cold water poured on it on July 7. Just one day after, the stock jumped on news that Apple (AAPL) had extended its chip supply agreement through 2031 in a deal expected to exceed $30 billion. Erste Group analyst Hans Engel, who ranks 1,995 out of 12,375 Wall Street Analysts ...

Investing.com28d agoneutral
Apple eyeing startup PrismML to bring massive AI models direct to iPhone

Apple is in talks with PrismML, a stealthy California Institute of Technology (Caltech) spinout, as it looks to drastically reduce its reliance on the cloud and run heavyweight AI entirely on-device. The discussions, first reported by The Information, come on the heels of a massive technical breakthrough from the startup: PrismML successfully compressed Alibaba’s 27-billion-parameter open-source Qwen 3.6 model to run locally on an iPhone 17 Pro. Typically, cramming a model of that caliber onto a

Ultra Clean Holdings (UCTT) Appoints Michael Keogh As CFO For Its Next AI Push
Simply Wall St.28d agoneutral
Ultra Clean Holdings (UCTT) Appoints Michael Keogh As CFO For Its Next AI Push

Ultra Clean Holdings (NasdaqGS:UCTT) appointed Michael Keogh as Chief Financial Officer. Keogh brings experience from senior roles at Ford Motor Co., Apple, Intel, and Bright Machines. The appointment comes as Ultra Clean advances its UCT 3.0 strategy in the AI focused semiconductor market. Ultra Clean Holdings enters this leadership change with the stock at $100.91 and performance that has drawn attention, including a return of 269.4% year to date and 309.9% over the past year. The share...

Bloomberg28d agoneutral
Nigerian Stocks Vault Past Korea’s Kospi to Claim World’s Top Returns

(Bloomberg) -- Nigerian equities have overtaken South Korea’s to hand investors the highest dollar-based returns this year, as souring sentiment on artificial-intelligence stocks pushes the Asian nation’s world-beating rally into bear territory. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran

India removes import duty on some electronics, smartphone parts
Reuters28d agoneutral
India removes import duty on some electronics, smartphone parts

India has scrapped import duties ‌on some parts used to make ‌mobile phones and other electronic devices, removing the ​current 7.5% and 5% levies, in a move that could help companies like Apple and Xiaomi. Here are more details: • Items ‌include key ⁠parts for producing wireless charging modules for mobile phones, displays for ⁠medical devices and automobiles, and lithium-ion cells. The exemption will be valid until ​March 31, ​2029.

Broadcom gets $30 billion Apple boost as valuation debate grows
TheStreet29d agoneutral
Broadcom gets $30 billion Apple boost as valuation debate grows

Broadcom stock got a new Apple-backed catalyst just as Wall Street was questioning how much good news was already priced in. TheStreet previously reported that Broadcom extended its Apple chip supply agreement through 2031, locking in a key supplier relationship for multiple generations of Apple ...

Bloomberg29d agobearish
Apple Supplier Luxshare Drops After $3 Billion Hong Kong Debut

(Bloomberg) -- Apple Inc. supplier Luxshare Precision Industry Co. fell in Hong Kong trading debut on Thursday after raising HK$24.3 billion ($3.1 billion) in the city’s biggest listing this year so far. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaStocks Fall as

Why Broadcom (AVGO) Stock Is Trading Up Today
StockStory29d agoneutral
Why Broadcom (AVGO) Stock Is Trading Up Today

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 5.2% in the afternoon session after the company confirmed an expanded, multi-year partnership with Apple exceeding $30 billion for custom silicon components and wireless technologies.

Apple (AAPL) Secures Largest Ever US Chip Deal With Broadcom For $30 Billion
Simply Wall St.29d agoneutral
Apple (AAPL) Secures Largest Ever US Chip Deal With Broadcom For $30 Billion

Apple (NasdaqGS:AAPL) has agreed a multi year US chip manufacturing and co development deal with Broadcom valued at more than US$30b. The agreement runs through 2031 and covers the production of over 15b custom chips for Apple products in the US. Broadcom plans a US$1.5b expansion of its Fort Collins, Colorado facilities to support the work. Apple, best known for its iPhone, Mac, and wearables ecosystem, is deepening its role in chip design and sourcing at a time when hardware and AI...