Apple shares have risen by more than 20% in the last year, while Nvidia shares have risen by 200%, providing bumper returns during the same period. Nvidia Dethrones Apple (Image Source ...

Shares in U.S. technology companies Apple and Nvidia climbed in premarket trading, boosted by the U.S. administration's temporary exemption from the so-called reciprocal tariffs for some tech products ...

TL;DR: Apple has ordered $1 billion worth of NVIDIA's GB300 NVL72 AI servers, indicating a strategic shift towards enhancing its AI capabilities, particularly in response to challenges with Siri.

This exemption is a major boost to companies such as Apple and Nvidia, which manufacture a significant percentage of their products in China and import them into the U.S. After President Trump ...