Technology

Memory chip giants spark global semiconductor rally as shortages stoke price hikes
Technology

Memory chip giants spark global semiconductor rally as shortages stoke price hikes

Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle| Bloomberg | Getty Images Semiconductor stocks rallied to start the year, led by the world’s biggest memory chip firms that are getting a boost from continued artificial intelligence-related […]

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DeepSeek blew up markets year ago. Why hasn’t it done so since?
Technology

DeepSeek blew up markets year ago. Why hasn’t it done so since?

Nearly a year ago, DeepSeek shook the AI world.  Stocks of some of the leading Western tech companies plunged as the markets hit panic mode at the prospect of a new model from a relatively unheard of Chinese AI lab that challenged the premise of U.S. dominance in the space. Nvidia plummeted 17%, losing close […]

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Nvidia plans to test a robotaxi service in 2027 in self-driving push
Technology

Nvidia plans to test a robotaxi service in 2027 in self-driving push

Nvidia is building out an automotive tech business. Pictured here are its autonomous vehicle test cars at the company’s auto garage in Santa Clara, California, on June 5, 2023. Bloomberg | Bloomberg | Getty Images Nvidia on Monday unveiled plans to test a robotaxi service with a partner as soon as 2027, highlighting the chipmaker’s […]

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Democratic mayor of Silicon Valley’s largest city opposes billionaire tax
Technology

Democratic mayor of Silicon Valley’s largest city opposes billionaire tax

Mayor of San Jose, Matt Mahan, speaks during the NWSL Championship Welcome Reception at Rotunda at San Jose City Hall in San Jose, California, on Nov. 20, 2025. Eakin Howard | Nwsl | Getty Images The Democratic mayor of San Jose, California, has come out against a proposed statewide ballot measure that would ask voters […]

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E-commerce startup Stord buys AI fulfillment platform Shipwire
Technology

E-commerce startup Stord buys AI fulfillment platform Shipwire

Yuichiro Chino | Moment | Getty Images E-commerce logistics startup Stord has bought CEVA Logistics subsidiary Shipwire, the company said Monday. The deal, which closed Jan. 1 for a undisclosed amount, adds 12 new locations to Stord’s growing logistics network and about 60 new employees. Shipwire is an AI fulfillment platform used by e-commerce firms. […]

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AI godfather says Meta’s new 29-year-old AI boss is ‘inexperienced’ and warns of staff exodus
Technology

AI godfather says Meta’s new 29-year-old AI boss is ‘inexperienced’ and warns of staff exodus

Yann LeCun, chief AI scientist at Meta Platforms Inc., at the VivaTech conference in Paris, France, on Wednesday, May 22, 2024. Bloomberg | Bloomberg | Getty Images Meta’s former chief AI scientist, Yann Lecun, has called its 29-year-old AI boss “inexperienced,” and warned of a staff exodus from the company. Alexander Wang, the billionaire co-founder […]

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Amazon lets some users chat with Alexa+ on the web in bid to take on ChatGPT
Technology

Amazon lets some users chat with Alexa+ on the web in bid to take on ChatGPT

Alexa+ signage during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon on Monday launched an Alexa+ website that lets some users chat with its assistant via their browser, putting it in more direct competition with OpenAI’s ChatGPT. The Alexa.com website is only available […]

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Fed’s Kashkari says AI is causing a hiring slowdown in big companies
Technology

Fed’s Kashkari says AI is causing a hiring slowdown in big companies

Minneapolis Federal Reserve President Neel Kashkari said Monday that artificial intelligence is causing big companies to slow hiring, and that many businesses are seeing “real productivity gains” because of the technology. Kashkari said companies have told him that AI is affecting their hiring plans, and he expects to see continued low hiring and low firing in […]

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The latest on Venezuela, Tesla’s second-place finish, inside Chick-fil-A’s marketing blitz and more in Morning Squawk
Technology

The latest on Venezuela, Tesla’s second-place finish, inside Chick-fil-A’s marketing blitz and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. It was anything but a quiet weekend for news, so I’ll cut to the chase. S&P 500 futures are up slightly this morning. The market is coming off a losing week. Here are five key things investors need to know […]

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