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Intel shares surge after Trump claims Apple and Intel agreed on a U.S. chip design-and-build deal
The Apex Times

THE APEX TIMES

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Micron surges to a record high after Apple CEO flags iPhone price increases as “unavoidable”
The Apex Times

THE APEX TIMES

Business / The Apex Times

Micron surges to a record high after Apple CEO flags iPhone price increases as “unavoidable”

Micron Technology shares climbed to a fresh high after remarks attributed to Apple CEO Tim Cook suggested higher component prices would not be absorbed entirely by suppliers and would instead flow into iPhone pricing. The implication is that memory makers could see pricing power persist, at least in the near term.

Jun 18, 9:22 AM EDT