Monday, February 8, 2021

Industry executives warn of severe chip shortages to make phones and game consoles, amid excessive stockpiling of chips by companies like Huawei and Apple (Bloomberg)

Bloomberg:
Industry executives warn of severe chip shortages to make phones and game consoles, amid excessive stockpiling of chips by companies like Huawei and Apple  —  - The dearth of supply is deepening as Apple, China hoard chips  — Worsening crunch could impact sectors well beyond automaking



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...