Apple strikes $30bn chip deal with Broadcom in largest U.S. manufacturing commitment yet

Apple is deepening its ties with chipmaker Broadcom through a new multi-year agreement expected to top $30 billion, the tech giant announced Wednesday. The deal represents Apple's largest domestic manufacturing commitment…

Muhammad ALI July 8, 2026

Wire

TSMC posts record Q3 profit on surging AI chip demand

TAIPEI: Taiwan Semiconductor Manufacturing Company (TSMC) reported a 39.1% jump in third-quarter profit on Thursday, setting a new record as robust demand for artificial intelligence chips continued to drive growth.…

NNR October 16, 2025

new products

Apple unveils MacBook Pro, iPad Pro, and Vision Pro devices, all powered by a new in-house M5

Apple Inc on Wednesday unveiled refreshed versions of its MacBook Pro, iPad Pro, and Vision Pro devices, all powered by a new in-house M5 chip that the company says significantly…

NNR October 15, 2025

new products

Apple eyes smart home expansion with new HomePod devices with screen in 2026

Apple Inc. is preparing to expand its smart home portfolio with the anticipated launch of a refreshed HomePod mini this fall and a screen-equipped HomePod model expected in 2026, according…

NNR August 24, 2025

Indices and commodities

Stocks fall as tech slide deepens, Fed minutes signal inflation concerns

Dow Jones edges lower as tech rout deepens, Fed minutes stir rate cut debate Wall Street closed lower on Wednesday as investors pulled back from high-flying technology stocks for a…

NNR August 20, 2025

new products

Google unveils Pixel 10 Series, betting big on Gemini AI to challenge Apple and Samsung

The Pixel 10 family includes four models: Pixel 10 ($799), Pixel 10 Pro ($999), Pixel 10 Pro XL ($1,199), and Pixel 10 Pro Fold ($1,799) Google on Wednesday launched its…

NNR August 20, 2025

Wire

Samsung gains ground in U.S. smartphone market as foldables spark consumer buzz

Samsung narrows gap as Apple’s U.S. smartphone market share slips to 49% Samsung is making a bold comeback in the U.S. smartphone market, fueled by a surge in shipments and…

NNR August 17, 2025

Indices and commodities

Stocks climb as Fed rate cut bets push indexes to record highs

Dow Jones jumps 409 points as rate cut bets fuel market surge NEW YORK: U.S. stocks rose Wednesday, extending their recent rally as growing expectations for a Federal Reserve rate…

NNR August 13, 2025

Indices and commodities

Tech surge powers Wall Street to weekly gains amid tariff turmoil

Dow Jones climbs 207 points as investors shake off tariff fears; Apple leads tech rally with best week since 2020 NEW YORK: Stocks climbed Friday, capping a strong week for…

NNR August 9, 2025

Indices and commodities

Wall Street turns lower as tariff concerns resurface; Caterpillar, Eli Lilly lead declines

Dow drops 332 points as Caterpillar, Eli Lilly slump; chipmakers rally on Trump’s tariff exemption NEW YORK: U.S. stocks reversed early gains and closed lower on Thursday as renewed concerns…

NNR August 7, 2025

Wire

TSMC earnings surge 61% as AI chip demand fuels record quarter

TAIPEI: Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported a 61% surge in second-quarter profit, setting a quarterly record as strong demand for artificial intelligence chips continued to drive sales.…

NNR July 17, 2025

new products

Apple’s budget-friendly MacBook with iPhone 16 Pro chip coming in 2026 – What we know

Apple is reportedly developing a more affordable MacBook powered by the same A18 Pro chipset expected in the iPhone 16 Pro—marking a major shift from its M-series processors. The device,…

NNR July 2, 2025