Apple saw an excellent and better-than-anticipated Q3 2026 in terms of iPhone sales, but its revenue for services—like Apple TV, Apple Music, AppleCare, or iCloud—slipped downward, disappointing experts who were hoping for more. Further, fears about memory prices and supply constraints slightly soured reception to what could have otherwise been a slightly positive but business-as-usual quarter.

That's the key takeaway from the company's Q3 2026 earnings call today.

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South Korea’s government and top tech companies are committing $1 trillion to several flagship megaprojects that could bolster global memory chip supply, build new AI data centers, and spur commercial deployment of humanoid robots by 2028.

The announcement comes as South Korean companies such as Samsung and SK Hynix have enjoyed record profits and stock valuations due to the AI industry’s demand for memory chips—with the subsequent supply strain leading to memory chip shortages and higher prices for consumer electronics. Meanwhile, Hyundai Motor Company is racing to mass-manufacture humanoid robots developed by its subsidiary, Boston Dynamics, so that the robotic workers can start taking over certain laborious tasks in automotive factories and other workplaces.

“We must secure the core elements of AI faster than any other country,” said South Korean President Lee Jae Myung in a televised speech on June 29, as reported by BBC News and other media outlets. “Semiconductors, physical AI, and AI data centers are the triple axis for a great leap forward."

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