The logo of Apple company is seen outside an Apple store in Bordeaux, France, March 22, 2019.
Regis Duvignau | Reuters
Apple is nearing a deal with Hyundai-Kia to manufacture an autonomous electric vehicle, according to sources with knowledge of the matter, and the impacts of the tech giant’s entry into the automaker space could reverberate across a number of industries.
Semiconductor companies are among the names poised to benefit, along with Apple shares themselves, according to analysts.
