Apple growth slows as AI strains tech supply chains: FT

Apple has projected slower growth due to the impact of artificial intelligence development on technology supply chains, as reported by the Financial Times Global Economy. The company’s forecast suggests that ongoing AI-related demands are intensifying constraints within the semiconductor and memory supply sectors, which are critical for Apple’s iPhone and Mac production. Market observers note that this development could have broader implications for other major tech firms, potentially affecting market cap standings. In light of Apple’s revised growth expectations, prediction markets have adjusted their outlook on Alphabet’s likelihood of being the second-largest company by market cap by July 31, 2026. The AI-driven strain on supply chains is seen as a factor that could challenge Alphabet’s competitive position, as the tech giant navigates these industry-wide pressures. Current market activity reflects these dynamics, with Apple’s supply chain issues seen as a significant variable influencing the competitive landscape among leading tech companies. The adjustments in market predictions appear consistent with a scenario where such supply constraints may hinder growth trajectories for ...