TSMC founder Morris Chang has revealed that Apple CEO Tim Cook rejected Intel as an iPhone chip manufacturing partner in 2011, and told him
12mon MSN
The major market averages on Wall Street opened higher on Friday, with the Nasdaq leading the pack, as Apple and Intel's earnings reports brought cheer, while the Fed's preferred inflation gauge came in line with expectations.
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, Intel declines after revenue projections miss analysts’ estimates, and Chevron posts adjusted earnings below expectations.
TSMC and Apple's partnership hasn't always been certain, with a new interview detailing how the company fended off an attempt by Intel to become Apple's chip foundry partner in 2011.
Apple reportedly once considered Intel as a partner for iPhone chip production, but per TSMC’s founder, the company didn’t impress Tim Cook.
Los futuros de las acciones estadounidenses suben el viernes temprano tras los sólidos resultados de Apple Inc. e Intel Corp. y con el mercado atento a la aplicación de aranceles anunciados por el presidente Donald Trump para el fin de semana.
US stock futures gained after strong earnings from Apple Inc. and Intel Corp. buoyed sentiment at the end of a volatile week for tech stocks, while traders braced for President Donald Trump’s announcement on tariffs at the weekend.
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, while Intel’s adjusted earnings and revenue top analysts’ estimates. Exxon Mobil and Chevron are scheduled to report quarterly earnings Friday.
· 41m
Stock market today: Nasdaq, S&P 500, Dow rise as investors embrace Apple earnings
Apple Stock Rises After Better-Than-Expected Earnings, iPhone Sales Slip
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% on the year at $69.
· 12h
Apple shares rise after positive sales outlook signals iPhone recovery
The company's net income beat expectations, despite iPhone sales falling in the crucial December quarter. Shares climbed more than 3% in premarket trading. ↗️
Oil may be exempt from new tariffs despite President Trump's threats due to the complex nature of the U.S. energy industry. Initial jobless claims fell unexpectedly, indicating a stronger labor market, with continuing claims and the insured unemployment rate also showing positive trends.
Apple Intelligence launching in India. Microsoft Copilot integrates OpenAI's o1 model, Forza Horizon 5 coming to PS5. Google Gemini 2,0 Flash. Intel-powered Surface Laptop 7, Surface Pro 11. iOS 18.4
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