Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates

By Stephen Nellis, Akash Sriram and Kenrick Cai WASHINGTON (Reuters) -Apple Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue that surpass Wall Street expectations, powered by orders for iPhone 17 models that the company is racing to fulfill amid continuing supply constraints.  The constraints, as well as…

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Despite expectations, Trump did not discuss Nvidia’s Blackwell chip with Xi

By Trevor Hunnicutt and Eduardo Baptista ABOARD AIR FORCE ONE/GYEONGJU (Reuters) -U.S. President Donald Trump may have teased that he could discuss Nvidia’s state-of-the-art artificial intelligence Blackwell chips with Chinese President Xi Jinping, but in the end, he said the topic did not come up. After Thursday’s meeting in South Korea, Trump told reporters aboard…

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AI boom drives trillion-dollar tech valuations and record bets on chipmakers

(Reuters) -Top technology companies hit fresh valuation milestones in October, as their shares climbed on expectations of robust demand for AI chips and computing infrastructure driven by the artificial intelligence boom. Nvidia’s shares jumped nearly 11% over the past month, adding about $500 billion in market value as it became the first company to reach…

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