WS #11225
Apple plans to produce 10 million foldable iPhones this year and is developing second-generation foldable, per Nikkei and supply chain sources. Two Super Micro Taiwan staff detained in probe involving AI servers and alleged NVIDIA chip smuggling to China, raising export control risks. EU top court set to rule on Google's record €4.1 billion antitrust fine today, with potential impact on Alphabet shares. Microsoft conducting third wave of layoffs (up to 5,500) due to $190B AI infrastructure costs and 19% stock decline, affecting sales, consulting, and Xbox. Meta preparing to launch AI cloud computing business to compete with AWS, Azure, and Google Cloud, sending Meta shares up 6% after-hours.
Apple Foldable iPhone Plans
Apple plans to produce 10 million foldable iPhones this year and is developing second-generation foldable, per Nikkei and supply chain sources.
Two Super Micro Taiwan staff detained in probe involving AI servers and alleged NVIDIA chip smuggling to China, raising export control risks.
EU top court set to rule on Google's record €4.1 billion antitrust fine today, with potential impact on Alphabet shares.
Microsoft conducting third wave of layoffs (up to 5,500) due to $190B AI infrastructure costs and 19% stock decline, affecting sales, consulting, and Xbox.
Meta preparing to launch AI cloud computing business to compete with AWS, Azure, and Google Cloud, sending Meta shares up 6% after-hours.