Apple ( AAPL) is trending as the company has reportedly cut the amount of memory chips it is ordering for the new iPhone 5 from its main supplier and competitor Samsung. Apple reportedly claims to be trying to diversify its memory chip supply lines and has been reducing its orders from Samsung. According to reports, Apple has chosen Japan's Toshiba, Elpida Memory and Korea's SK Hynix to supply memory chips for the first batch of the new iPhone 5. The reports indicate that Apple has dropped Samsung from its list of suppliers for the first batch altogether. The two companies have been warring in court over patent disputes. According to the reports, their litigation is not the reason for Apple's decision to reduce orders for Samsung chips and that Apple has been looking to diversify its chips for some time.
Wikipad is another popular search. The new gaming tablet by Nvidia ( NVDA) will hit GameStop ( GME) stores on Halloween. According to Wikipad CEO James Bower, the Wikipad is one of the thinnest, lightest and fastest tablets to hit the market. Wikipad is the first tablet with an attachable gamepad controller and is said to be able to deliver console-quality game play.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.