TSMC founder Morris Chang has revealed that Apple CEO Tim Cook rejected Intel as an iPhone chip manufacturing partner in 2011, and told him
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. Chevron’s adjusted earnings miss expectations.
Apple reportedly once considered Intel as a partner for iPhone chip production, but per TSMC’s founder, the company didn’t impress Tim Cook.
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.
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.
Analysts have been eager to weigh in on the Technology sector with new ratings on Apple (AAPL – Research Report), Trade Desk (TTD – Research
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.
As it turns out, old devices powered by the M1 chipset or Intel processors remain unaffected by the security flaw.
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
The good news about chip stock Intel (INTC) is that it can still get high-profile clients interested in using Intel’s processors to drive new