Apple shares plunged nearly 10% on Friday, putting the company on track to lose almost $500 billion in market value as investors reacted to supply constraints and weaker-than-expected guidance.

As reported on Friday, the sharp downturn followed Apple's projection for revenue growth of 9% to 11% for the current quarter, below Wall Street's expectations of roughly 12%, intensifying investor concerns over the company's outlook.

The data-center-driven AI boom is straining global semiconductor and memory supply........

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