All articles tagged with #chips
Meta shares surged about 6% on Friday and roughly 15% for the week as optimism grows around its AI strategy, following releases of Muse Image and Muse Spark 1.1 and plans for in-house Iris AI chips; investors see potential monetization through ads, subscriptions, and a cloud offering, with capex guidance raised as Meta accelerates its push into AI infrastructure and data centers.
Bloomberg reports two high-end Macs launching this fall: a touchscreen MacBook Ultra with OLED, a new design, and M5 Pro/Max chips, plus a refreshed MacBook Pro with an M6 chip; Apple is also reportedly skipping M6 Pro/Max in favor of moving quickly to an M7 lineup.
Industry executives say the surge in AI-driven demand for memory and storage chips is lifting component costs, forcing price hikes on electronics. Apple’s Tim Cook warned iPhone prices will be higher, and other companies (including Dell, Microsoft's Xbox unit, Ford) have signaled rising costs for components, suggesting broader price increases across devices in the near term.
A Trump Truth Social post claiming Apple will design and build chips with Intel in the U.S. caused Intel shares to jump about 11%, but neither Apple nor Intel has confirmed any deal or disclosed terms. The move highlights Intel’s turnaround and potential marquee foundry customers, but with no official confirmation and a lofty valuation, investors should wait for concrete news before acting.
Trump asserted on Truth Social that Apple and Intel have closed a deal to design and manufacture chips in the United States, though neither company has confirmed the news; prior reporting described a preliminary agreement for Intel to produce Apple processors at U.S. fabs in Oregon, Arizona, and Ohio, with TSMC remaining a major supplier. Production tests were expected in 2026 with full production later, and the US government reportedly holds a 10% stake in Intel tied to CHIPS Act funding.
Asian stocks retreated as investors locked in tech profits and chipmakers led losses in Japan and South Korea, with the Nikkei 225 and KOSPI dropping on chip-related concerns while markets weighed BOJ rate-hike expectations and awaited U.S. payroll data.
Intel unveils an expanded AI portfolio including rack-scale inference around Xeon and SambaNova SN-50, a disaggregated setup using Xeon, SambaNova RDUs and NVIDIA Blackwell GPUs, and Vector Core Compute cloud; it also announced strategic partnerships with Foxconn, Siemens, Hitachi, Echo Neurotechnologies and Greenstone Biosciences to deliver vertical AI solutions for data-center and enterprise workloads.
Microsoft is set to unveil the first Windows PCs powered by Nvidia chips next week, with Axios reporting the launch will occur at two major industry conferences.
Portuguese police arrested the boys’ mother and a 55-year-old man on suspicion of abuse, endangerment and abandonment after two French children, aged four and five and reported missing from Colmar, were found abandoned beside a main road near Comporta. The children have been taken to hospital for observation as a judicial inquiry and police investigation continue.
US stock index futures rose, led by chipmakers, as Treasury yields pulled back, signaling cautious optimism ahead of key data and earnings.
Markets slipped after reports that U.S.-China talks did not address chips, with the S&P 500 down 0.8%, the Dow off 0.7%, and the Nasdaq Composite down 1.4%, while Treasury yields rose.
Asian stock markets dipped as a rally in chipmakers cooled amid doubts over U.S. sales to China, with attention on more Trump-Xi talks in Beijing. China steadied near multi-year highs while South Korea’s KOSPI surged lower led by chipmakers, Japan’s Nikkei and Hong Kong’s Hang Seng fell, and Australia was flat as India rose modestly; traders await further details from the summit and potential chip-export-control developments.
Ben Thompson argues Amazon is turning its logistics and hardware bets into a durable competitive advantage: the new Amazon Supply Chain Services packages its freight offerings for third parties, expanding the moat beyond e‑commerce; AWS is moving from pure IaaS to a platform/PaaS model, aided by in‑house chips (Graviton, Trainium) and disaggregated networking. Thompson notes AI workloads favor Amazon’s architecture for inference and agentic tasks, while Nvidia’s GPU dominance may push Amazon to rely more on its own silicon. Big bets like Leo satellites and drone delivery fit a pattern of immense upfront investment to monetize over decades, leveraging a trusted physical-distribution backbone to outlast rivals.
Utz Quality Foods is recalling several Zapp's and Dirty-brand potato chips nationwide due to a seasoning ingredient (dry milk powder) that could contain salmonella, per an FDA recall notice. No illnesses have been reported; consumers should discard the products and contact Utz at 1-877-423-0149 for questions. The recall was announced May 4, 2026.
U.S. stocks slipped as chip-related and tech names dragged the market after an OpenAI-related report, with the Dow, S&P 500, and Nasdaq closing lower; a mix of AI-focused stocks moved sharply—some up while others fell—while oil prices rose.