Apple’s push to build smarter iPhones is strengthening the hand of the memory chipmakers it depends on. With advanced components in high demand and production capacity difficult to expand quickly, suppliers may gain more influence over prices, timelines and the terms of future deals. The contest could reshape how Apple plans its devices and how much leverage it can bring to the negotiating table.

Google is widening the route its AI chips take to market. By enlisting partners, the company could reach buyers beyond its direct cloud relationships, adding a new dimension to the competition for AI computing. The strategy may broaden customer access, but its success will hinge on how smoothly partners deliver the technology and support.