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Apple’s Stock Plummets Amid AI Chip Shortages | Pakistan News
Apple’s stock plummeted nearly 10% amid supply chain chaos fueled by AI chip demand, risking a $500B market value drop and possibly handing the title of world’s most valuable company back to Nvidia. Tim Cook, preparing to step down in September, called shortages “very significant” as Apple’s inventory buffer runs dry, hitting both hardware and services growth forecasts—and exposing how big tech’s AI rush is squeezing global chip supplies. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level…
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