Avgo secured a $30 billion chip deal with Apple, while DeepSeek's chip development and renewed US-Iran tensions pressured the tech sector.

The entities involved

• Apple Inc. →

  American multinational technology company based in Cupertino, California

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
• Avgo →

  island of Agios Nikolaos, Greece

  Nothing else this week.

• DeepSeek →

  Chinese artificial intelligence company

  • Trump's administration imposed export restrictions on China while Chinese AI firms like Alibaba and DeepSeek continue to develop competing models.Sun 10:58
  • DeepSeek and Google are competing in the AI race, which is framed by US-China tech rivalry and high-level political figures.Sun 10:44

Related events

• Micron is expanding backend capacity in Singapore while Avgo and Intel influence the high-performance memory supply chain.Jun 8
• China has restricted purchases of Nvidia chips, leading to investor fears about AI companies. An MIT report informed these concerns, coinciding with DeepSeek's model launch.Jun 7
• Trump announced a chipmaking deal with Apple, while an MOU aims to end war in the Middle East and the Fed may raise rates.Jun 18
• DeepSeek announced a strategic move to reduce its reliance on third-party hardware providers.Jul 7
• The Trump administration took a 10% stake in Intel as the US seeks to secure semiconductor supply chains through partnerships with Apple.Jun 18