Apple Commits $30 Billion to Broadcom in Major Chip Supply Deal
Apple has committed more than $30 billion to Broadcom under a new multiyear chip supply agreement, in what the company is calling…
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Micron and Ford Sign Chip Supply Deal for Next-Generation Vehicles
Read More →Micron Technology and Ford Motor have signed a long-term semiconductor supply agreement to secure memory and storage chips for Ford’s future vehicles,…
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Microsoft Plans Fresh Layoffs as AI Spending Reshapes Corporate Strategy
Read More →Microsoft is reportedly preparing another round of job cuts as the company continues to reallocate resources toward AI infrastructure and cloud growth,…
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Comcast to Spin Off NBCUniversal and Sky in Major Media Shake-Up
Read More →Comcast is pulling apart an empire it spent decades building. The company has announced plans to spin off NBCUniversal and Sky into…
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US Goods Trade Deficit Hits 14-Month High as Imports Surge
Read More →America’s goods trade deficit jumped sharply in May, hitting its widest point in 14 months as imports surged and exports fell, adding…
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FedEx Shares Slide as Margin Drop Overshadows Revenue Growth Forecast
Read More →FedEx shares fell sharply in after-hours trading after investors looked past a decent earnings beat and a positive revenue forecast and zeroed…
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Amazon Prime Day Becomes Key Test of US Consumer Spending Pressure
Read More →Amazon Prime Day is turning into more than a shopping event this year. It’s becoming a real-time read on how much pressure…
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Apple to Partner With Intel on US Chip Design and Manufacturing, Trump Says
Read More →President Trump says Apple has agreed to work with Intel on chip design and manufacturing inside the US, a move that could…
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Roelof Botha Joins SpaceX Board Days After Company’s Record IPO
Read More →SpaceX has added veteran investor Roelof Botha to its board just days after the company’s record-setting public debut, a move that says…
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Fox’s $22 Billion Roku Deal Signals Major Shift in Streaming Wars
Read More →Fox Corporation‘s agreement to acquire Roku for roughly $22 billion is one of the bigger moves the streaming wars have seen yet,…
