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Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer
Technology

Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer

Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters When Lip-Bu Tan was named CEO of Intel a little over two months ago, he brought with him plenty of name recognition. Tan spent 12 years running Cadence Design Systems and […]

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All eyes on China restrictions as Nvidia gets set to report results
World

All eyes on China restrictions as Nvidia gets set to report results

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia continues to see massive growth from sales of graphics processors, with demand for artificial intelligence infrastructure showing no signs of cooling. But for the AI chipmaker, the mood […]

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Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race
Technology

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race

Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of […]

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Exclusive look at the making of High NA, ASML’s new 0 million chipmaking colossus
Technology

Exclusive look at the making of High NA, ASML’s new $400 million chipmaking colossus

Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine.  CNBC went to […]

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Asia-Pacific markets fall, tracking declines on Wall Street
World

Asia-Pacific markets fall, tracking declines on Wall Street

Japan finance minister calls U.S. tariffs ‘regrettable’ as trade talks stall Japan’s Finance Minister Katsunobu Kato said on the sidelines of the Group of Seven meeting in Banff, Canada, that the U.S. tariffs are “regrettable,” Reuters reported Thursday. In a bilateral meeting between Kato and U.S. Treasury Secretary Scott Bessent, both sides agreed that the […]

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CNBC Daily Open: Tariff tumult rocking markets doesn’t mean artificial intelligence is out of the picture
World

CNBC Daily Open: Tariff tumult rocking markets doesn’t mean artificial intelligence is out of the picture

A view of a Tesla Cybercab, also known as the Robotaxi, during the Silicon Valley Auto Show at Santa Clara Convention Center in California, U.S., on Feb. 22, 2025. Tayfun Coskun | Anadolu | Getty Images One consequence of the tariff tumult caused by U.S. President Donald Trump over the past month is that investor […]

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Asia-Pacific markets mostly rise after Wall Street rally pauses
World

Asia-Pacific markets mostly rise after Wall Street rally pauses

Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.23% after the country reported that exports slowed for a second straight month as the country reels […]

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Qualcomm to launch data center processors that link to Nvidia chips
Technology

Qualcomm to launch data center processors that link to Nvidia chips

Qualcomm CEO Cristiano Amon speaks at Computex 2025 in Taipei on May 19, 2025. Cheng Yu-chen | Afp | Getty Images Qualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link to Nvidia’s chips. Nvidia’s graphics processing units (GPUs) have become a critical component in […]

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Nvidia and Tesla ripped higher this week, boosted by Trump’s Middle East tour
Technology

Nvidia and Tesla ripped higher this week, boosted by Trump’s Middle East tour

(COMBO) This combination of pictures created on January 31, 2025 shows (L) Nvidia CEO Jensen Huang in Las Vegas, Nevada on January 6, 2025, and US President Donald Trump in the Oval Office of the White House in Washington, DC on January 31, 2025. Jensen Huang, CEO of AI chip giant Nvidia, met January 31, […]

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CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake
World

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake

CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain competitive. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the […]

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