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Apple shares climbed about 2% in premarket trading on Friday after the company’s upbeat holiday quarter forecast reassured investors that strong demand for the iPhone 17 lineup is driving a sales rebound despite ongoing supply delays in China. The company’s latest projections, announced earlier this week, helped ease concerns about production bottlenecks that had weighed […]
Nexperia’s China division said on Sunday it has built up sufficient inventories and secured its supply chain after the Dutch parent company suspended wafer shipments to its Chinese assembly facilities. The unit assured customers that production and deliveries would continue as planned despite the disruption. The Dutch chipmaker halted wafer supplies on October 26, citing […]
The global race to build artificial intelligence infrastructure shows no sign of slowing, as technology giants and industrial firms alike pour trillions into data centers, chips, and computing power. Nvidia’s market value soared past $5 trillion this week — a milestone that underscores how central AI has become to the global economy. In a whirlwind […]