Apple and Nvidia are the world’s largest publicly traded companies by market capitalization, and they have the technical foundation to lead a Mag 7 resurgence.
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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...
The semiconductor specialist expanded partnerships with some of the technology industry's biggest names.
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 ...
Enovix Strengthens Leadership With Operations VeteranEnovix Corporation (NASDAQ:ENVX) shares surged 17. 1% in pre-market trading on Thursday after the advanced battery developer announced the appointment of former Apple executive Dr.
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
Enovix appointed former Apple executive Michael Vyvoda as its Chief Operating Officer to oversee its global manufacturing, supply chain and operations engineering teams.
Most investors focus on VUG's tiny dividend yield and assume the tax math barely matters inside a Roth. The real exposure sits somewhere else entirely, and it compounds every year the fund advances.
Apple's $30B Broadcom chip deal highlights tech ETFs with exposure to both companies as investors seek diversified AI-related opportunities.
For three years, the AI rally left Qualcomm behind.
The multiyear agreement will support more U.S.-based chip production.
Micron (MU) just posted the best quarter in company history last month. The stock has fallen anyway.
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...
(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
The foundry giant has underperformed the semiconductor sector this year, but it could step on the gas after its Q2 results are released next week.
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.
The agreement aims to manufacture more than 15 billion chips in the US and create hundreds of jobs.
Luxshare Precision Industry saw a tepid debut as investors turned cautious amid heightened market volatility.
Investors cheered news of a multibillion-dollar deal with a tech titan.
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 ...
(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
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.
Artificial intelligence has become the world’s newest gold rush, with countries racing to stake their claim before someone else strikes it rich. "America is the country that started the AI race," President Donald Trump said at an AI summit in...
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...