manufacturing

Big Tech

‘Bigger Than Bigger’ iPhone 17 Sales Drive Apple Revenue to Record High

Photo via Tom Williams/CQ Roll Call/Newscom

Analysts think customers bought new iPhones for a boring reason: It was simply time to upgrade their old device.

2 min read

Photo by Brad Killen via Unsplash

Autos

GM Dividend Hike, $6B Stock Buyback Show ‘Heartbeat of America’ Strategy Paying Off

General Motors faces another speed bump thanks to a recent deal that will allow thousands of Chinese EVs into Canada.

2 min read
Photo by JHVEPhoto via iStock

Semiconductors

Supply Shortages Send Intel Stock Sputtering

The good news is that CFO David Zinsner said that the company expects its supply to rebound through the rest of the year.

1 min read
Photo via Corine Solberg/Sipa USA/Newscom

International Economics

US Trade Deficit Shrinks to Lowest Since 2009

Imports fell 3.2% from the previous month to $331.4 billion in October, and exports rose 2.6% to $302 billion.

2 min read

Indicators

US Manufacturing Activity Grinds to 14-Month Low

Photo via Ingram Publishing/Newscom

US factory activity contracted for the tenth straight month in December, according to the latest Institute for Supply Management survey.

2 min read

Semiconductors

TSMC Shrugs Off Shrinking Chinese Market Share

Photo via BING-JHEN HONG

The company still makes more than 90% of the world’s most advanced AI chips and is a leading supplier for nearly every major tech firm.

2 min read

Semiconductors

Intel Bets Its Newest Chip Will Power a Comeback

Photo via Credit: Intel Corporation.

Intel has invested more than $20 billion in the new factory, which will churn out its chips in the US for the first time in nearly a decade.

2 min read

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