Apple aims to internalize AI semiconductors for datacenters - report.
Apple is developing a semiconductor to power artificial intelligence (AI) tools in datacenters, as reported by the Wall Street Journal. However, it is uncertain whether this semiconductor will be put into practical use.
This initiative is based on Apple's previous policy of internalizing semiconductors that operate in its own products such as the smart phone "iPhone" and computer "Mac", according to the WSJ. According to WSJ, this project is internally referred to as "ACDC".
Apple's representatives were asked for comments, but there was no immediate response.

So far so good for markets. Right? 4 factors to consider;
1) The Fed rose rates by 0.25% as expected. Hinted rate hikes could be paused next month. Fed remains data dependent though.
2) So far most S&P500 companies have beat Q2 earnings estimates. BUT earnings are declining the most since Q2 2020.
3) $Microsoft (MSFT.US)$ & $Alphabet-C (GOOG.US)$ results both beat expectations. T...

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$Advanced Micro Devices (AMD.US)$
AMD Q1 2023 earnings conference call is scheduled on May 2 at 5:00 PM ET / May 3 at 5:00 AM SGT. Subscribe to join the live earnings conference with the management NOW!
Previous Revenue and Net Income
Under the previous Income Statement in 2023/Q1:
AMD's revenue was $23.6 billion, up 43.61%
The net income of AMD was $1.32 billion, down 58.25% YOY.
Earnings Preview
Under the Financial Estimates for Q1:
Revenue: 31 analysts have made...