Monday, March 28, 2022

Apple heavily relies on China for manufacturing, but its plan to invest $430B in the US over five years is a promising sign of ramped up diversification (Gene Munster/Loup)

Gene Munster / Loup:
Apple heavily relies on China for manufacturing, but its plan to invest $430B in the US over five years is a promising sign of ramped up diversification  —  The global supply chain will likely change rapidly over the next decade, shifting away from China.  Apple saw it coming in 2018 …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...