Amkor Stock Surges 17% After $1.5 Billion Nvidia AI Packaging Partnership 
Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract 
SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth 
Uber Stock Falls as Waymo Plans to End Robotaxi Partnership by 2028 
Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S. 
Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment 
Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook 
Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call 
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors 
SAP Beats Q2 Revenue Estimates as Cloud Backlog and Business AI Demand Drive Growth. 
Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill 
US, China to Hold AI Talks Ahead of Xi’s September Visit 
SpaceX Targets Thursday Launch for Starship's 13th Test Flight After Last-Minute Delay 
IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness 
Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth 
GE Vernova Q2 Revenue Tops Estimates as Earnings Miss, Shares Slide Despite Higher 2026 Outlook 
OpenAI AI Agent Reportedly Breached Hugging Face, Raising AI Safety Concerns 
Apple has been rumored to release the fourth generation of iPhone SE, commonly dubbed iPhone SE 4, in the coming years. But analyst Ming-Chi Kuo now suggests that its mass production could be postponed or even canceled.
Kuo shared some of his findings in a series of tweets on Wednesday, saying that Apple’s plans for the iPhone SE 4 could significantly change. Citing his latest survey of the supply chain, the analyst said the tech giant “will likely cancel or postpone” the production of its next mid-range phone which was supposed to begin in 2024.
Shipments of mid-to-low-end iPhones like the iPhone SE 3, iPhone 13 mini, and iPhone 14 Plus have reportedly not met Apple’s expectations. And Kuo believes this is one of the reasons Apple has started to reconsider its plans to release the iPhone SE 4.
Apple released an iPhone mini in 2020 and 2021, but both were not huge hits among consumers. The same trend was observed early for the new iPhone 14 Plus. A report last October claimed that Apple asked suppliers to suspend production of components for the 6.7-inch iPhone with regular features due to low demand.
Meanwhile, there have been reports that the iPhone SE 4 is slated to adopt an all-screen design similar to the iPhone XR. But Kuo said the company may have been concerned that the redesign would increase production costs, which could then move up its selling price. “As a result, Apple may need to reconsider the product positioning and return on investment for the SE 4,” the analyst added.
Changing its plans for the iPhone SE 4 could be good for Apple, though. Kuo said postponing or canceling the phone’s mass production for 2024 would help the company reduce development expenses amid an anticipated global recession next year.
Various sources have mentioned that the iPhone SE 4 is slated to use a similar form factor as the iPhone XR, which means it would no longer include a physical home button. But Apple is expected to only relocate the Touch ID sensor, as the lower-priced device is unlikely to feature Face ID.
