When Microsoft reported killer fourth-quarter earnings for its fiscal 2026 year (which ended June 30), it tucked in an interesting little tidbit about how its investments in the two biggest, and competing, AI labs are doing.

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QCOM Stock Drops Nearly 8% After Hours — Qualcomm’s Q3 Earnings Miss, Weak Q4 Outlook Overshadows Revenue Beat

Yahoo2026.07.29

The chipmaker topped revenue estimates, but cautious guidance, supply constraints, and Apple headwinds weighed on investor sentiment.

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Senators Warn Apple Not to Buy Memory Chips From Chinese Firms

Yahoo2026.07.29

(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag