Apple just handed Broadcom a $30B chip deal, and it matters beyond semiconductors

The post Moat Index Rises in June on Semiconductors, Cybersecurity Strength appeared on BitcoinEthereumNews.com. Rongchai Wang Jul 10, 2026 01:24 Morningstar’s Moat Index gained in June as AI chips and cybersecurity stocks offset mega-cap tech pullbacks. Here’s what drove the move. The Morningstar Wide Moat Focus Index climbed in June, buoyed by strength in semiconductor and cybersecurity stocks, even as mega-cap tech names faltered. According to VanEck, the SMID Moat Index—focused on small- and mid-cap companies—also advanced, driven by AI chip demand and a significant healthcare deal. The Moat Index, which tracks U.S. companies identified by Morningstar as possessing durable competitive advantages, gained despite broader market volatility. Mega-cap tech stocks, which have led much of 2026’s rally, took a breather in June, creating room for other sectors to shine. This shift underlines the index’s value-oriented approach, where attractively priced “wide moat” stocks

SK Hynix's NASDAQ listing could shift investment focus from crypto to semiconductors, impacting capital allocation in tech sectors. The post SK Hynix prepares massive $28 billion NASDAQ listing as AI chip demand surges appeared first on Crypto Briefing.

For those who wonder what the support window is for Apple products, the company now has an answer: it’s quietly ended support for some of its oldest iPhones and iPads, cutting off restore access for devices that first went on sale more than a decade ago.  While the move has prompted some complaints, the truth is that it underlines just how unusually long the company has kept aging hardware alive. Even today, it provides support in the form of access to signed software upgrades for non-cellular devices as old as some teenagers.  What devices have been cut? Among other things Apple has cut support for a range of older cellular-equipped devices, as it no longer supports the modems. Take the iPhone 4S, introduced about the same time iconic Apple CEO Steve Jobs died. Apple has stopped signing iOS versions for that device, which means if you’re still running one, you won’t be able to restore or downgrade to several older iOS versions on it.  This isn’t the only older system for which Apple h

The post Broadcom (AVGO) Stock Soars Following Apple’s $30B+ Chip Partnership Expansion appeared on BitcoinEthereumNews.com. Quick Summary AVGO shares gained 4.83% Wednesday following Apple’s disclosure of a chip partnership valued at over $30 billion The tech giant plans a $1.5 billion capital investment to upgrade Broadcom’s Fort Collins, Colorado manufacturing site Premarket trading Thursday showed AVGO climbing another ~1.35%, reaching approximately $393.94 Analyst consensus stands at “Strong Buy” with a 12-month target of $516.91, suggesting roughly 33% potential growth Recent analyst activity includes an Erste Group downgrade to Hold on July 7, while UBS and Bank of America retained positive outlooks Shares of Broadcom Inc. (AVGO) surged 4.83% during Wednesday’s trading session, finishing at $388.69, following Apple’s disclosure that its semiconductor spending with the company will surpass $30 billion. Broadcom Inc., AVGO This development emerged as Apple outlined its ambitious $

The reshoring push could reshape global supply chains, impacting tech and crypto sectors by altering cost structures and competitive dynamics. The post USTR Greer praises Apple and Micron as reshoring push intensifies, and crypto should be paying attention appeared first on Crypto Briefing.

The post Is Broadcom (AVGO) stock a buy after massive new Apple deal appeared on BitcoinEthereumNews.com. On Wednesday, July 8, Broadcom (NASDAQ: AVGO) stock received potentially powerful tailwinds when the blue-chip technology giant Apple (NASDAQ: AAPL) announced it would be increasing its spend with the company. According to the press release, the iPhone makers agreed to boost spending and now expect the deal to exceed $30 billion in an effort to bolster production of chips in the U.S.  Perhaps most notably, the agreement – which is part of Apple’s commitment to invest $600 billion in the American economy across four years – will involve a $1.5 billion capital expenditure (CapEx) investment earmarked for expansion and modernization of Broadcom’s facilities in Fort Collins, Colorado. Still, despite the scale of the deal, the question of whether AVGO is a ‘Buy’ after the announcement remains open given the equity’s performance so far in 2026. To begin with, the initial investor reactio

The post Apple Distributor In Thailand Cashes In On Consumer-Spending Recovery appeared on BitcoinEthereumNews.com. This story is part of Forbes’ coverage of Thailand’s Richest 2026. See the full list here. Amid a gradual recovery in consumer spending, Com7, Thailand’s leading retailer of smartphones with a nearly 25% market share, is thriving. The company booked a 25% increase in net profit to 1.2 billion baht ($37 million) on a 13% rise in revenue to 24 billion baht for the first quarter of 2026 and said it expects to maintain double-digit revenue growth on the back of 100 new store openings this year. The uptick in Com7 shares gave cofounder Sura Khanittaweekul a nearly 40% boost to his wealth to $655 million, though that is still below his net worth of $670 million in 2022 when he first entered the ranks of the country richest. Starting out in 1996 with one store in Bangkok’s popular Pantip Plaza electronics mall, Com7 as of March had a network of 1,323 stores, including Studio7 Th

Apple's $30B deal with Broadcom underscores a strategic shift towards domestic manufacturing, potentially reshaping US tech supply chains. The post Apple signs $30B deal with Broadcom to source chips through 2031 appeared first on Crypto Briefing.