Apple's iPhone 15 is missing a chip that the company spent billions developing, report says

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Tim Cook iPhone 15
Apple launched the iPhone 15 at its "Wonderlust" event.

Justin Sullivan/Getty Images

The IPO market has been frozen for 2 years. Arm and Instacart point to a thaw coming in 2024.

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The IPO market has been frozen for two years. Arm and Instacart could help it thaw.
The IPO market has been frozen for two years. Arm and Instacart could help it thaw.

Dennis Lane/Getty

This chart shows how AI hype has taken over the stock market as companies try to cash in on the frenzy

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AI stock market bubble Wall Street Zen Chart
The number of AI mentions on stock earnings skyrocketed in 2023.

Wall Street Zen

Arm is headed for a $52 billion IPO that's set to draw tech titans like Apple and Nvidia. Here's what to know about the biggest US stock debut of the year.

Tech Insider : Technology
Softbank-owned Arm's $52 billion IPO set to be biggest of 2023.
Softbank-owned Arm's $52 billion IPO is poised to be the biggest of 2023.

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China is reportedly spending big to boost its production of chips for AI and smartphones after the US cracked down on exports

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Xi Jinping
Xi Jinping.

Xie Huanchi/Xinhua via Getty Images

The tech world is being dividing into 'GPU rich' and 'GPU poor.' Here are the companies in each group.

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Rich poor

Reuters/Lucas Jackson

US stocks tumble as Nvidia-led rally fizzles ahead of Powell's Jackson Hole speech

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trader nyse chart screens terminal

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Nvidia plans to triple production of its $40,000 chips as it races to meet huge demand from AI companies, report says

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Nvidia CEO Jensen Huang will deliver second quarter earnings on Wednesday as demand for processors driving the generative AI era booms.
Jen-Hsun Huang, CEO of Nvidia Corp., gives a keynote presentation during the GPU Technology Conference in San Jose, California.

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The world's largest chipmaker promised to create thousands of US jobs. There are growing tensions over whether US workers have the skills or work ethic to do them.

Tech Insider : Economy
Biden TSMC
President Joe Biden with Mark Liu, Taiwan Semiconductor Manufacturing Co.'s chair.

AP Photo/Ross D. Franklin

A feud is heating up between Arizona workers and the world's leading chipmaker after the company said the US didn't have the skills to build its new factory

Tech Insider : Economy
C. C. Wei, President Joe Biden, and Mark Liu walk together.
US President Joe Biden walks with the CEO of TSMC, C. C. Wei, and its chairman, Mark Liu, during a visit to TSMC's first Arizona Fab (semiconductor fabrication plant) in Phase 1A in December 2022.

REUTERS/Jonathan Ernst

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