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The satellite communication company Globalstar once surged nearly 30%! Following the iPhone, Apple wants to enable the Apple Watch to communicate via satellite for sending text messages.
If the news is true, the Apple Watch Ultra will become the first mainstream smart watch with satellite communication capabilities. The media also reported that the blood pressure monitoring feature of the Apple Watch will be available as early as next year; the Apple Watch will use a modem developed by MediaTek for the first time, reducing dependence on Intel products.
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Express News | Apple is likely to collaborate with Broadcom to develop AI Server chips using Taiwan Semiconductor's advanced process.
According to reports, Apple (AAPL.US) is collaborating with Broadcom (AVGO.US) to develop AI chips.
According to foreign media reports, Apple (AAPL.US) is developing a server chip specifically designed for AI and is collaborating with Broadcom (AVGO.US) on the chip's networking technology. The report states that the new chip has an internal code name of Baltra and is expected to go into mass production in 2026.
Satellite communication + blood pressure monitoring, reportedly the Apple Watch will receive a major upgrade.
① Apple plans to introduce Satellite connectivity for smartwatches in 2025 and is accelerating the development of blood pressure monitoring features. ② The Satellite feature is expected to launch next year on the Apple Watch Ultra, allowing off-grid messaging through the Globalstar satellite constellation. ③ The blood pressure monitoring feature is expected to launch as early as 2025, and Apple is also developing a non-invasive blood glucose tracker.
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U.S. stock market movements | Large Technology stocks rise, Apple (AAPL.US) stock price reaches an all-time high.
Large technology stocks rose, with the Nasdaq up over 1.3%, and the USA CPI report fully met expectations.
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Apple sets a new historic high! Broadcom once rose more than 6% during the session, reporting that the two will collaborate to develop AI Chips.
Apple is collaborating with Broadcom to develop the networking technology for this chip, which is a key component for AI processing. This chip, codenamed Baltra, is expected to enter mass production in 2026 and will be for internal use only, not as a Consumer product.
Market Chatter: Apple Working With Broadcom on AI Chip
Express News | The Apple iPhone SE 4 is rumored to be released around March next year, featuring its own modem.
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Express News | Apple is collaborating with Broadcom on AI Chips, and Broadcom's stock rose over 4% in Pre-Market Trading.