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The Marked Chart Wire · Tech and AI
Apple
Apple and other major technology companies face headlines about AI spending concerns and smartphone weakness. Wall Street also notes broader tech stock volatility.
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Apple AI
John Ternus stated Apple will add artificial intelligence only when it enhances devices, instead of adding features to match rivals. He expressed confidence in the strategy despite criticism of a slower rollout.
Smartphone Chips
Counterpoint reports that worldwide mobile chip deliveries declined 21 percent year over year in Q3 2026. The firm expects a 20 percent drop for the full year as manufacturers cut budget models.
AI Spending
NAND prices have risen 550 percent from 2023 lows due to AI data center demand. TechInsights estimates Apple will spend $25 billion on storage in 2026, up from $6 billion in 2025.
AI Advertising
Meta's advertising revenue growth widened its lead over Google's search expansion to the largest gap since 2021, driven by artificial intelligence reshaping how companies spend on digital ads.
AI and chips
Santander, Novartis and other companies report that artificial intelligence is beginning to increase revenue, reduce costs and improve profitability as investors look for returns.
HotCXMT
Chinese memory chip maker CXMT saw third-quarter revenue rise 613 percent year over year to about 118.7 billion yuan.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.