When Apple NASDAQ: AAPL signals it may have to raise prices because memory costs are rising, the market pays attention. For investors already holding Micron Technology NASDAQ: MU, Seagate Technology Holdings NASDAQ: STX, Western Digital Corporation NASDAQ: WDC, and Sandisk Corporation NASDAQ: SNDK, that warning isn't a red flag—it's confirmation of pricing power.
Commentary: The boom in artificial intelligence is causing a memory chip shortage. Apple decided to make us pay for it.
The SpaceX IPO has investors asking a reasonable question: at a valuation somewhere between $1 trillion and $2 trillion, is the hype real, or is the market getting ahead of itself? Rob Spivey and Joel Litman of Altimetry Research say the answer is both—and that for most investors, there are cleaner opportunities sitting right next to the SpaceX story.
Paul Meade, the Apple vice president in charge of the Vision Pro headset, is leaving the company to join OpenAI's hardware team, according to Bloomberg's Mark Gurman.
Apple (NASDAQ:AAPL | AAPL Price Prediction) rarely raises prices.
The AI boom has transformed one of the semiconductor industry's most cyclical businesses into one of its tightest markets.
Apple and Microsoft announced price increases this week on key devices as they pass on some of the soaring memory costs to consumers. But smaller electronics manufacturers don't have that luxury, and are faced with potential doom as they figure out how to get necessary components and deal with crippling costs.
Apple is lobbying the Trump administration for clearance to buy memory chips from ChangXin Memory Technologies, a Chinese company the Pentagon has put on a blacklist, the Financial Times reported on Friday.
Apple Inc. (AAPL) shares have come under pressure after the company raised prices on several MacBook and iPad models. But some Wall Street analysts believe the pullback could present a buying opportunity as the company leverages its pricing power and loyal customer base.
Sarah Kunst of Cleo Capital went on CNBC Friday morning and said what a lot of portfolio managers have been muttering to themselves all week.
Apple is starting to feel the squeeze from rising memory costs.
Apple (NASDAQ:AAPL | AAPL Price Prediction) shareholders woke up Thursday to find that the most valuable company in the world had been undone by something the size of a Tic Tac.