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NeutralLOW severityTech & AI11d ago

Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant

Reported by CNBC · cnbc.com · August 13, 2026

As Tim Cook gets set to step down as Apple CEO, he's offering a glimpse into what he may be doing as chairman.

What the tape says

What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.

Market reaction today: $AAPL +0.32%

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