Apple Inc. is a market leader of technology products and services, and one of the largest companies in the world by market cap. Investors closely watch Apple's key decisions as they can impact the other major US listed companies connected to Apple in this list. These companies are involved in the development, production, and distribution of Apple products and services. Investing in these companies offers exposure to the potential growth opportunities of Apple's products and services. As Apple continues to innovate and release new products, investors see potential for more growth in revenue and earnings, and higher stock prices.
Did the Biden administration reportedly finalize the $8 billion chip bill funding with intel before Trump took office?
After Trump questioned the subsidy method for the chip bill, the media reported that the goal of the Department of Commerce is to complete funding agreements as much as possible before Trump took office; considering intel's delay in investments related to the Ohio wafer factory, as well as its own technical roadmap and customer demands, the Biden administration plans to reduce the initially announced $8.5 billion appropriation by $0.5 billion.
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