WS #11313

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Apple plans to use Intel's 18A process for iPhone 18 A20 chips, diversifying from TSMC and boosting Intel's foundry credibility. Securities class action alleges Microsoft's Copilot and AI models underperformed, with billions in extra capex needed, potentially pressuring MSFT stock. UBS survey shows Apple Intelligence not boosting iPhone upgrade intent, challenging the AI supercycle thesis for AAPL.

Apple Supply-Chain Shift to Intel

Apple plans to use Intel's 18A process for iPhone 18 A20 chips, diversifying from TSMC and boosting Intel's foundry credibility.

Securities class action alleges Microsoft's Copilot and AI models underperformed, with billions in extra capex needed, potentially pressuring MSFT stock.

UBS survey shows Apple Intelligence not boosting iPhone upgrade intent, challenging the AI supercycle thesis for AAPL.

Full world state #11313