Applied Digital APLD designs, builds and operates high-performance data centers for AI, cloud and blockchain workloads. The company has increasingly positioned itself as a hyperscale AI infrastructure provider, anchoring its growth strategy around long-term lease agreements with investment-grade tenants. Shares of APLD have appreciated 58% over the past six months, significantly outpacing the Zack...
Applied Digital APLD designs, builds and operates high-performance data centers for AI, cloud and blockchain workloads. The company has increasingly positioned itself as a hyperscale AI infrastructure provider, anchoring its growth strategy around long-term lease agreements with investment-grade tenants. Shares of APLD have appreciated 58% over the past six months, significantly outpacing the Zacks Finance Miscellaneous Services industry's decline of 29.7% and the broader Finance sector's drop of 1.6%. The stock has also outperformed key peers during the same period, with Equinix EQIX shares advancing 18.4% while Riot Platforms RIOT shares declining 6.2%. The outperformance is driven by APLD’s expanding hyperscaler partnerships, including its large-scale AI infrastructure deployments for CoreWeave CRWV, along with the successful energization of its first 100-megawatt facility. APLD’s 6-Month Performance Image Source: Zacks Investment Research APLD’s AI Infrastructure Pipeline Drives Revenue Growth APLD’s existing AI infrastructure is beginning to translate into revenue growth. The company has energized the first 100-megawatt building at its Polaris Forge 1 campus, marking the start of lease revenues tied to its long-term agreement with CoreWeave. This milestone represents the first phase of a larger 400-megawatt AI factory deployment for CoreWeave, positioning APLD to generate increasing lease revenues as additional buildings at the campus become operational. As capacity tied to CoreWeave ramps over the next several years, the project is expected to provide growing recurring revenue visibility for APLD’s infrastructure platform. Beyond Polaris Forge 1, APLD continues to expand its AI infrastructure footprint through Polaris Forge 2 and additional development opportunities. The company signed an approximately 15-year lease with a U.S.-based investment-grade hyperscaler for 200 megawatts of AI and high-performance computing capacity at Polaris Forge 2, with phased del...
The Boeing Company’s BA shares have rallied 13.2% in three months compared with the Zacks Aerospace-Defense industry’s growth of 12.3%. The company is seeing growth across its commercial, defense and services businesses, driven by robust aircraft demand, significant contract awards and a solid backlog that underpins sustained revenue growth. Image Source: Zacks Investment Research Other defense st...
The Boeing Company’s BA shares have rallied 13.2% in three months compared with the Zacks Aerospace-Defense industry’s growth of 12.3%. The company is seeing growth across its commercial, defense and services businesses, driven by robust aircraft demand, significant contract awards and a solid backlog that underpins sustained revenue growth. Image Source: Zacks Investment Research Other defense stocks, such as RTX Corporation RTX and General Dynamics GD, have also gained during the same period. Shares of RTX and General Dynamics have risen 19.2% and 5.8%, respectively, during the same time frame. RTX continues to receive ample orders for its wide range of combat-proven defense products from the Pentagon and its foreign allies. General Dynamics benefits from a solid number of award wins and a strong global presence. Considering Boeing’s outperformance compared with its industry, investors might be left wondering if this is a good time to add the stock to their portfolio. Let's examine the factors that contributed to the share price gain and assess the stock's investment prospects to make an informed decision. Factors in Favor of BA Boeing remains one of the largest aircraft manufacturers in the United States in terms of revenues, orders and deliveries, particularly in the commercial aerospace industry. Thanks to the steadily growing demand trend in commercial aerospace, the company, being a prominent jet manufacturer, has been witnessing solid delivery and order activities lately. The company’s Boeing Commercial Airplanes segment registered 181% year-over-year growth in its delivery count for the fourth quarter of 2025, which resulted in a 139% surge in this unit’s revenues. The outlook for the aerospace giant’s defense and space business also remains optimistic. In particular, the current U.S. government’s inclination toward strengthening the nation’s defense and space systems should act as a growth catalyst for Boeing. During the fourth quarter of 2025, the Boeing ...
Sandbar, a startup by former Meta employees Mina Fahmi and Kirak Hong, attracted much attention last year when it showed off its note-taking wearable, the Stream ring. The company has now raised $23 million in a Series A funding round led by Adjacent and Kindred Ventures. The company’s smart ring is focused on note-taking, similar to products by Plaud or Omi, and not health-tracking like Oura’s pr...
Sandbar, a startup by former Meta employees Mina Fahmi and Kirak Hong, attracted much attention last year when it showed off its note-taking wearable, the Stream ring. The company has now raised $23 million in a Series A funding round led by Adjacent and Kindred Ventures. The company’s smart ring is focused on note-taking, similar to products by Plaud or Omi, and not health-tracking like Oura’s products. The ring has a microphone that’s off by default, but can be activated using a flat, touch-sensitive panel at the top. You can hold this touch panel to record notes, chat with an AI assistant on the accompanying phone app, and access media controls like play, pause, skip tracks, and control the volume. Notably, the mic on the ring seems to be tuned for proximity, so you have to lift your hand to your face in order to take notes. Image Credits:Sandbar / Fahmi, who previously worked at startups like CTRL-Labs and Magic Leap, said Sandbar has been working on the ring for over two years, before coming out of stealth last year following a testing phase with friends and early adopters. “The response [to the launch] was a lot warmer than we expected, which is really encouraging and meaningful,” Fahmi told TechCrunch. “A lot of people said they could see themselves wearing this.” Fahmi said the startup is seeing promising traction from its early users, with the first batch of pre-orders for the ring selling out last year, which spurred Sandbar to open up a second batch to meet demand. He said some users use the ring over 50 times a day for tasks like planning presentations, trips or meals. The startup plans to start shipping the smart ring this summer. Sandbar said it is focusing on refining its app experience and what users can do with their recorded notes. The company is working on a web platform, improving its user interface, and reducing the latency of model responses. In the long term, the company wants to enable agentic workflows to enable users to take action using th...
Sandbar, a startup by former Meta employees Mina Fahmi and Kirak Hong, attracted much attention last year when it showed off its note-taking wearable, the Stream ring. The company has now raised $23 million in a Series A funding round led by Adjacent and Kindred Ventures. The company’s smart ring is focused on note-taking, similar to products by Plaud or Omi, and not health-tracking like Oura’s pr...
Sandbar, a startup by former Meta employees Mina Fahmi and Kirak Hong, attracted much attention last year when it showed off its note-taking wearable, the Stream ring. The company has now raised $23 million in a Series A funding round led by Adjacent and Kindred Ventures. The company’s smart ring is focused on note-taking, similar to products by Plaud or Omi, and not health-tracking like Oura’s products. The ring has a microphone that’s off by default, but can be activated using a flat, touch-sensitive panel at the top. You can hold this touch panel to record notes, chat with an AI assistant on the accompanying phone app, and access media controls like play, pause, skip tracks, and control the volume. Notably, the mic on the ring seems to be tuned for proximity, so you have to lift your hand to your face in order to take notes. Image Credits:Sandbar / Fahmi, who previously worked at startups like CTRL-Labs and Magic Leap, said Sandbar has been working on the ring for over two years, before coming out of stealth last year following a testing phase with friends and early adopters. “The response [to the launch] was a lot warmer than we expected, which is really encouraging and meaningful,” Fahmi told TechCrunch. “A lot of people said they could see themselves wearing this.” Fahmi said the startup is seeing promising traction from its early users, with the first batch of pre-orders for the ring selling out last year, which spurred Sandbar to open up a second batch to meet demand. He said some users use the ring over 50 times a day for tasks like planning presentations, trips or meals. The startup plans to start shipping the smart ring this summer. Sandbar said it is focusing on refining its app experience and what users can do with their recorded notes. The company is working on a web platform, improving its user interface, and reducing the latency of model responses. In the long term, the company wants to enable agentic workflows to enable users to take action using th...
MadamLead/iStock via Getty Images Market Overview Government shutdown creates fog As the fourth quarter began, the government shutdown disrupted the release of key economic data, creating challenges for both investors and the U.S. Federal Reserve. This lack of visibility contributed to the “fog” referenced by Fed Chair Jerome Powell during his post-meeting press conference in October. Powell liken...
MadamLead/iStock via Getty Images Market Overview Government shutdown creates fog As the fourth quarter began, the government shutdown disrupted the release of key economic data, creating challenges for both investors and the U.S. Federal Reserve. This lack of visibility contributed to the “fog” referenced by Fed Chair Jerome Powell during his post-meeting press conference in October. Powell likened the Fed’s approach to that of a cautious driver slowing down in foggy conditions, emphasizing the need for prudence amid heightened uncertainty. Fog lingers even after shutdown ends Although the shutdown stalemate was resolved, the resulting data gap persisted through the end of the year as collection and reporting processes remained disrupted. The absence of data collection led to the omission of the October Consumer Price Index (CPI) from the series. Key components, such as owners’ equivalent rent, were held flat, artificially dampening inflation readings once November data was published. Labor market data was similarly affected as the lack of October figures eliminated monthly comparisons, and November employment numbers were delayed until after the Federal Reserve’s December meeting. Consequently, policymakers were forced to make decisions without access to a complete data set. Federal Reserve cuts twice, outlook moderates Chair Powell initially struck a cautious tone after the October meeting regarding further interest rate cuts. Labor data was notably uncertain as the last reliable report from September indicated that overall payrolls exceeded expectations, while private payrolls declined sharply and the unemployment rate edged up to 4.4%. His view was later countered when several influential Fed governors adopted a more dovish stance in November, leading to a 25-basis point (bp) rate cut at the December meeting. A modest uptick in equity market volatility in mid-November, driven by investor concerns over the scale of ongoing artificial intelligence ( AI )-related ...
Key Points Berkshire's stakes in both Coca-Cola and American Express have compounded their share prices and dividends over 30-plus years of ownership. As Coca-Cola and American Express raise their dividends, the cost-basis yield on Berkshire Hathaway's investment keeps getting higher. 10 stocks we like better than Coca-Cola › Coca-Cola (NYSE: KO) and American Express (NYSE: AXP) are the two longes...
Key Points Berkshire's stakes in both Coca-Cola and American Express have compounded their share prices and dividends over 30-plus years of ownership. As Coca-Cola and American Express raise their dividends, the cost-basis yield on Berkshire Hathaway's investment keeps getting higher. 10 stocks we like better than Coca-Cola › Coca-Cola (NYSE: KO) and American Express (NYSE: AXP) are the two longest-held positions in the Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) equity portfolio. It has owned each of these stocks for nearly 40 years, and Warren Buffett said he'd never sell them while he was CEO. Although Buffett handed over the reins to Greg Abel this year, Abel reassured investors that he's not planning to veer from Buffett's path as he takes over. In Abel's first shareholder letter as CEO, he gave several important updates, including the dividend income from some of the company's favorite stocks. The numbers might blow your mind, and it will certainly help you understand why dividend stocks can be so valuable to a diversified portfolio. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Dividend yield and growth Berkshire Hathaway first bought American Express stock back in 1964 and Coca-Cola in 1988. Since then, the company has built up its positions, especially between 1994 and 1995 when it spent about $1.3 billion on each one. Today, Berkshire's overall positions are worth $28 billion and $56 billion, respectively. Those are strong results over 30-plus years. Both stocks have performed well, however, it's the annual dividends that make these investments incredibly lucrative. In 2025 alone, Berkshire Hathaway made $816 million in dividends from Coca-Cola stock and $479 million from American Express stock. That's in one year alone, and it keeps growing annually as the dividend is raised. Consider...
AT&T expects to spend $250 billion building out its network over the next five years. The guidance could spook the market, which is already grappling with jitters about Big Tech’s aggressive spending plans. AT&T said on Tuesday that it would accelerate its deployment of fiber, 5G, and wireless across the U.S., as a collaboration with satellite manufacturer AST SpaceMobile extends its coverage into ...
AT&T expects to spend $250 billion building out its network over the next five years. The guidance could spook the market, which is already grappling with jitters about Big Tech’s aggressive spending plans. AT&T said on Tuesday that it would accelerate its deployment of fiber, 5G, and wireless across the U.S., as a collaboration with satellite manufacturer AST SpaceMobile extends its coverage into remote areas.
ADP Signals Best Job Gains In Almost 4 Months, As BLS Payrolls Plunged For the four weeks ending February 21, 2026, ADP reports that private employers added an average of 15,500 jobs a week. Employment gains reached their highest since Thanksgiving week last year, holding steady in February after five straight weeks of strengthening. This positive labor market signal stands in the face of last wee...
ADP Signals Best Job Gains In Almost 4 Months, As BLS Payrolls Plunged For the four weeks ending February 21, 2026, ADP reports that private employers added an average of 15,500 jobs a week. Employment gains reached their highest since Thanksgiving week last year, holding steady in February after five straight weeks of strengthening. This positive labor market signal stands in the face of last week's surprised plunge in non-farm payrolls - driven by a strike-triggered drop in Healthcare jobs and a huge revisions in the labor force as native workers suddenly disappeared. Combined with the ongoing strength of the jobless claims data, once could argue that the 'no hire, no fire' economy is edging back towards jobs growth. Tyler Durden Tue, 03/10/2026 - 08:39
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Tuesday as Bank of America reiterated its Buy rating and $300 price target on the semiconductor giant ahead of its annual GTC event, set for next week. “We highlight three areas of focus: 1) An updated product pipeline through Feynman GPUs (2028), 2) A new wide range of co-designed (customized) and disaggregated products (i.e., CPX for inference prefi...
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Tuesday as Bank of America reiterated its Buy rating and $300 price target on the semiconductor giant ahead of its annual GTC event, set for next week. “We highlight three areas of focus: 1) An updated product pipeline through Feynman GPUs (2028), 2) A new wide range of co-designed (customized) and disaggregated products (i.e., CPX for inference prefill, LPU for low-latency decode), and 3) Proprietary optics in scale-up (CPO-integrated switches, etc.),” analyst Vivek Arya wrote in a note to clients. “Moreover, while we don’t expect an official 2027-28 sales outlook, any color around Rubin ramp (CY27-28) could help the currently depressed stock (at historical low 17x fwd PE), following a strong Blackwell ramp with $0.5Tn in cumulative sales.” Aside from the aforementioned products, Arya said he expects to hear more about Nvidia's 102.4T Spectrum-6 switch pairs (that work with the Rubin platform) and its 115T Quantum-X with co-packaged optics. There is also the chance that there could be a joint announcement with Intel ( INTC ) on a custom x86 CPU that “helps extend NVDA’s adoption in enterprise DCs, and even in consumer CPU,” Arya added. More on Nvidia Nvidia: Regime Change And Narrative Noise (Rating Downgrade) Nvidia: Ahead Of GTC 2026, Architectural Supremacy Beyond Hyperscaler CapEx FOMO Nvidia's 'Unholy Trinity' Paralyzing Upside Broadcom, Nvidia, TI and Monolithic emerge as 'top picks' among semis after earnings: Citi Nvidia-backed AI firm Nscale scores $2B funding boost
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Tuesday as Bank of America reiterated its Buy rating and $300 price target on the semiconductor giant ahead of its annual GTC event, set for next week. “We highlight three areas of focus: 1) An updated product pipeline through Feynman GPUs (2028), 2) A new wide range of co-designed (customized) and disaggregated products (i.e., CPX for inference prefi...
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Tuesday as Bank of America reiterated its Buy rating and $300 price target on the semiconductor giant ahead of its annual GTC event, set for next week. “We highlight three areas of focus: 1) An updated product pipeline through Feynman GPUs (2028), 2) A new wide range of co-designed (customized) and disaggregated products (i.e., CPX for inference prefill, LPU for low-latency decode), and 3) Proprietary optics in scale-up (CPO-integrated switches, etc.),” analyst Vivek Arya wrote in a note to clients. “Moreover, while we don’t expect an official 2027-28 sales outlook, any color around Rubin ramp (CY27-28) could help the currently depressed stock (at historical low 17x fwd PE), following a strong Blackwell ramp with $0.5Tn in cumulative sales.” Aside from the aforementioned products, Arya said he expects to hear more about Nvidia's 102.4T Spectrum-6 switch pairs (that work with the Rubin platform) and its 115T Quantum-X with co-packaged optics. There is also the chance that there could be a joint announcement with Intel ( INTC ) on a custom x86 CPU that “helps extend NVDA’s adoption in enterprise DCs, and even in consumer CPU,” Arya added. More on Nvidia Nvidia: Regime Change And Narrative Noise (Rating Downgrade) Nvidia: Ahead Of GTC 2026, Architectural Supremacy Beyond Hyperscaler CapEx FOMO Nvidia's 'Unholy Trinity' Paralyzing Upside Broadcom, Nvidia, TI and Monolithic emerge as 'top picks' among semis after earnings: Citi Nvidia-backed AI firm Nscale scores $2B funding boost
PVH Corporation PVH is benefiting from the sturdy execution of its PVH+ Plan, which focuses on accelerating long-term growth through brand strength, deeper consumer engagement and improved operational efficiency. The strategy centers on strengthening its two global powerhouse brands, Calvin Klein and Tommy Hilfiger, while streamlining operations and enhancing profitability. The PVH+ Plan is design...
PVH Corporation PVH is benefiting from the sturdy execution of its PVH+ Plan, which focuses on accelerating long-term growth through brand strength, deeper consumer engagement and improved operational efficiency. The strategy centers on strengthening its two global powerhouse brands, Calvin Klein and Tommy Hilfiger, while streamlining operations and enhancing profitability. The PVH+ Plan is designed to drive sustainable growth by building stronger connections between its brands and consumers through digital engagement, data-driven marketing and more compelling brand storytelling. The company is investing in product innovation and expanding omnichannel capabilities to ensure a seamless shopping experience across stores and online platforms. In addition, PVH is focusing on cost management and operational efficiency, which includes simplifying its business model, improving supply-chain productivity and optimizing expenses. These initiatives are helping the company strengthen margins while supporting reinvestment in brand-building and innovation. By leveraging the global appeal of Calvin Klein and Tommy Hilfiger, strengthening consumer engagement and maintaining disciplined cost controls, PVH aims to deliver sustainable revenue growth and improved profitability under the PVH+ Plan. PVH continued to make progress in strengthening its direct-to-consumer and digital channels. The company has announced a collaboration with OpenAI that combines the latter’s advanced capabilities with the power of Calvin Klein, TOMMY HILFIGER and PVH. The partnership advances PVH’s multi-year PVH+ growth strategy by integrating OpenAI’s technology across global operations to support innovation and create new opportunities across the value chain. Through its collaboration with OpenAI, PVH will co-develop custom AI capabilities embedded within its data and demand-driven operating model, which will boost product design, demand planning, inventory optimization and consumer engagement. PVH’s const...
Winthrop Capital Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 88.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 4,536 shares of the semiconductor company's stock after buying an additional 2,127 shares during the period. Winthrop Capital Management LLC's holdings in Taiwa...
Winthrop Capital Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 88.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 4,536 shares of the semiconductor company's stock after buying an additional 2,127 shares during the period. Winthrop Capital Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,267,000 as of its most recent SEC filing. Get TSM alerts: Sign Up Other hedge funds have also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth $32,000. Resources Management Corp CT ADV purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at about $32,000. Cedar Wealth Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 91.4% during the third quarter. Cedar Wealth Management LLC now owns 134 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 64 shares in the last quarter. Fairman Group LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 171.2% in the third quarter. Fairman Group LLC now owns 141 shares of the semiconductor company's stock valued at $39,000 after buying an additional 89 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $41,000. 16.51% of the stock is owned by institutional investors and hedge funds. Key Headlines Impacting Taiwan Semiconductor Manufacturing Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week: Wall Street Analyst Weigh In Several research analysts have weighed in on the stock. TD Cowen raised their price objective on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gav...
Tesla flirted with bankruptcy several times on its rise to become the world's most valuable automaker. Tesla flirted with bankruptcy several times on its rise to become the world's most valuable automaker. Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images Tesla flirted with bankruptcy several times on its rise to become the world's most valuable automaker. Jeff Gritchen/MediaNe...
Tesla flirted with bankruptcy several times on its rise to become the world's most valuable automaker. Tesla flirted with bankruptcy several times on its rise to become the world's most valuable automaker. Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images Tesla flirted with bankruptcy several times on its rise to become the world's most valuable automaker. Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images lighning bolt icon An icon in the shape of a lightning bolt. lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Another top executive has departed Tesla as Elon Musk's EV maker continues to lose high-profile employees. Finance VP Sendil Palani said on Monday that he had left after more than a decade at the automaker, and used his farewell message to reference one of Tesla's darkest days. "Tesla barely survived Christmas 2008. I started a few days later in our Finance team, under an ongoing 'Tesla Deathwatch,'" Palani wrote in a post on X. "I slept under my desk in San Carlos, CA at least once, and I wasn't the only one," he added. Tesla has flirted with bankruptcy several times in its history, but a funding crunch in late 2008 left the young company perilously close to extinction. Tesla eventually secured $40 million in financing in November 2008, but Elon Musk — who took over as Tesla CEO in October 2008 — later said that the company was only three days from bankruptcy when the funding round was completed on Christmas Eve. "I put in all money I had, didn't own a house & had to borrow money from friends to pay rent. Difficult time," Musk wrote on X in 2020. Since then, Tesla has risen to become an EV powerhouse and one of the world's most valuable companies. The company has had several other brushes with bankruptcy, with Musk and other executives resorting to sleeping on the factory floor as Tesla struggled to scale its mass-market Model 3 EV between 2017 and 2019. Palani is the latest high-profile execu...
iPhone Production In India Surges According to Bloomberg, Apple increased iPhone production in India by about 53% last year and assembled around 55 million devices in 2025. That’s up from 36 million in 2024, The company now produces roughly one-quarter of its iPhones in India. The goal is to reduce reliance on China and avoid U.S. tariffs tied to trade disputes between the two countries. Globally,...
iPhone Production In India Surges According to Bloomberg, Apple increased iPhone production in India by about 53% last year and assembled around 55 million devices in 2025. That’s up from 36 million in 2024, The company now produces roughly one-quarter of its iPhones in India. The goal is to reduce reliance on China and avoid U.S. tariffs tied to trade disputes between the two countries. Globally, Apple manufactures about 220-230 million iPhones each year; India's share is rising quickly. China still produces most iPhones. However, tariffs on shipments from China in 2025 pushed Apple and its suppliers to seek other locations. India became a key alternative. Apple currently assembles all models of its latest iPhone 17 lineup in India, including the Pro and Pro Max versions. At the same time, suppliers such as Foxconn Technology Group, Tata Electronics, and Pegatron Corp also manufacture earlier models, such as the iPhone 15 and iPhone 16, for domestic sales and exports. The company is also expanding local supplier partnerships in India to produce components such as lithium-ion cells, device enclosures, and accessories, including AirPods. Expanding Semiconductor And Supply Chain Plans Apple is expanding its India strategy to strengthen its supply chain amid trade and tariff pressures. The company has started preliminary talks with Indian chipmakers to assemble and package iPhone components. This could bring local vendors deeper into Apple's supply chain. CG Semi, owned by the Murugappa Group, participated in early discussions. The company is building an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. Wedbush analyst Dan Ives said a potential U.S.–India trade deal could significantly strengthen Apple's supply chain. He noted that India is emerging as a serious challenger to China in tech manufacturing due to its engineering talent, growing supply chain infrastructure, and large technology workforce. Ives said Apple has already moved more ...