Apple Admitted Something on Its Earnings Call That Intel Investors Need to Hear

Sales of Apple's (NASDAQ: AAPL) iPhone are booming. Revenue from the iPhone soared 23% year over year in the first quarter of fiscal 2026, marking the best-ever performance for Apple's flagship product. However, sales could have been even better. Apple uses TSMC to manufacture its custom iPhone chips, and there currently isn't enough supply to meet demand. The AI boom and the subsequent demand for AI accelerators have created an industrywide shortage. Where to invest $1,000 right now? Our analyst team jus ...