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Apple (AAPL) Secures Largest Ever US Chip Deal With Broadcom For $30 Billion

Apple (NasdaqGS:AAPL) has agreed a multi year US chip manufacturing and co development deal with Broadcom valued at more than US$30b. The agreement runs through 2031 and covers the production of over 15b custom chips for Apple products in the US. Broadcom plans a US$1.5b expansion of its Fort Collins, Colorado facilities to support the work. Apple, best known for its iPhone, Mac, and wearables ecosystem, is deepening its role in chip design and sourcing at a time when hardware and AI...

Simply Wall St.
Nvidia’s CEO Just Predicted a New Blue-Collar Millionaire Class. Here Are 5 Stocks Worth Watching.

NVIDIA (NASDAQ:NVDA) CEO Jensen Huang has a way of turning things to gold. He has spent much of 2026 explaining that the AI buildout needs hands, not just chips. On a recent The Shawn Ryan Show podcast, the host put trade guru Mike Rowe on the spot: “Jensen Huang keeps saying the tradesman is going ... Nvidia’s CEO Just Predicted a New Blue-Collar Millionaire Class. Here Are 5 Stocks Worth Watching.

24/7 Wall St.

Facebook and Instagram parent Meta said Wednesday it will invest more than US$9.1 billion to build its first artificial intelligence data center in Canada and its largest outside the United States. The facility will be built in Sturgeon County, Alberta, and powered by a natural gas-fired plant being developed by a consortium that includes Calgary-based Pembina Pipeline Ltd. Technology and Innovation Minister Nate Glubish called the project “a big deal for Alberta,” saying the province had created a regulatory framework to attract data center investment.

Associated Press
Amazon.com (AMZN) A Top AI Stock on Wall Street Radar Pursuing Broadband Service Opportunities

Amazon.com, Inc. (NASDAQ:AMZN) is a top AI stock on Wall Street’s radar. On July 2, Bloomberg reported Amazon.com, Inc. (NASDAQ:AMZN) has enough satellites in orbit to start rolling out its broadband service, Amazon Leo. The company has more than 390 satellites deployed and has completed enough launches for the initial service. The push follows the […]

Insider Monkey
Elon Musk’s AI jobs prediction gets harsh reality check

Tesla CEO (TSLA) Elon Musk is back again, pushing one of his boldest claims about the AI boom, in which the technology might eventually make work optional. Musk first made that prediction at the U.S.-Saudi Investment Forum. Sitting alongside Nvidia CEO Jensen Huang, Musk told the crowd, “My ...

TheStreet
Why SpaceX’s Multi-Billion Dollar Debt Sale Is Already Losing Money for Investors

SpaceX’s $25 billion bond deal in late June has proven to be a dud amid apparent investor concern that the company will rely on the debt markets for its massive projected capital spending over the coming years. In a widely hyped sale, SpaceX sold the $25 billion of debt following its IPO in five bond tranches with maturities ranging from five years to 30 years. There were reports that the deal was more than three times oversubscribed and SpaceX was able to price the bonds at narrower yield premiums above U.S. Treasuries than had been expected.

Barrons.com
Meta to build $9 billion data center in western Canada

Meta said Wednesday it plans to build a $9 billion data center in western Canada's Alberta province, in what local officials called one of the largest private-sector investments ever in Canada."This is one of the largest private-sector investments in Canadian history," she told reporters, sporting a cowboy hat to mark the ongoing annual rodeo, the Calgary Stampede.

AFP
Jim Cramer Sees Tech Rebound And Oracle Upside as Data Center Spending Reshapes Market

On CNBC’s Squawk on the Street, Jim Cramer made a call that resonated across chip and cloud names: the tech tape is bouncing. And that Oracle may be the most interesting contrarian setup in the group. Alongside Carl Quintanilla and David Faber, Cramer framed Monday’s rally as “revenge of that” Friday selloff, arguing “we’re seeing ... Jim Cramer Sees Tech Rebound And Oracle Upside as Data Center Spending Reshapes Market

24/7 Wall St.