Apple Warned Not to Buy Chinese Chips, Meta Faces $1.4 Trillion Trial

The Rundown · Aug 17, 2026 · 10m

Market update for Monday August 17, 2026

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In today’s episode, Zaid covers:

Why the Trump administration is warning Apple not to buy memory chips from Chinese suppliers

Meta’s massive legal battle over the addictive design of Instagram and Facebook

Sandisk’s rally as memory stocks heat up, and L3Harris falling after abruptly replacing its CEO

Ferrari’s first electric car sells for $40 million at auction