WS #10098
Trump announces Apple will manufacture chips in the US via Intel partnership; Cook warns of price increases due to memory chip costs. Investors rotate from Mag7 and crypto to AI infrastructure plays like semiconductors and memory stocks; buybacks decline as AI spending surges. Accenture reports weak Q4 outlook, shares down 13% despite $4.18B in cybersecurity deals; bookings miss and $4B acquisition.
Apple Chip Manufacturing with Intel
Trump announces Apple will manufacture chips in the US via Intel partnership; Cook warns of price increases due to memory chip costs.
Investors rotate from Mag7 and crypto to AI infrastructure plays like semiconductors and memory stocks; buybacks decline as AI spending surges.
Accenture reports weak Q4 outlook, shares down 13% despite $4.18B in cybersecurity deals; bookings miss and $4B acquisition.