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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Apple warns of higher prices as AI-fueled memory and storage chip costs squeeze margins
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
Nvidia shares rise as focus shifts to Europe and the U.S. AI access debate
The Apex Times

THE APEX TIMES

Business / The Apex Times

Nvidia shares rise as focus shifts to Europe and the U.S. AI access debate

The chip maker’s stock climbed as it pushed growth beyond the United States, even as policymakers and industry participants continue to debate how widely artificial-intelligence models developed in the U.S. should be accessible.

Jun 18, 9:22 AM EDT