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businessAug 17, 202610:46pending

Apple Warned Not to Buy Chinese Chips, Meta Faces $1.4 Trillion Trial

The Rundown

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Market update for Monday August 17, 2026

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In today’s episode, Zaid covers:

  • Why the Trump administration is warning Apple not to buy memory chips from Chinese suppliers

  • Meta’s massive legal battle over the addictive design of Instagram and Facebook

  • Sandisk’s rally as memory stocks heat up, and L3Harris falling after abruptly replacing its CEO

  • Ferrari’s first electric car sells for $40 million at auction 

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Apple Warned Not to Buy Chinese Chips, Meta Faces $1.4 Trillion Trial

The Rundown

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