Apple Inc
Dan Niles says his best idea right now is cash. Here’s what else he likes
In a market that could soon be topping out, the best investment idea right now is cash, according to Dan Niles, founder of Niles Investment Management. The market moved higher on Wednesday, but Microsoft shares fell after The Information reported the company was slashing software sales quotas tied to artificial intelligence. Microsoft denied the report […]
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Micron stops selling memory to consumers as demand spikes from AI chips
A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron said on Wednesday that it plans to stop selling memory to consumers to focus on meeting demand for high-powered artificial intelligence chips. “The AI-driven growth in the data center has led […]
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iPhone 17 will drive record Apple shipments in 2025, IDC says
Apple’s latest iPhone models are shown on display at its Regent Street, London store on the launch day of the iPhone 17. Arjun Kharpal | CNBC Apple will hit a record level of iPhone shipments this year driven by its latest models and a resurgence in its key market of China, research firm IDC has […]
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Marvell to acquire Celestial AI for as much as $5.5 billion
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits revenue milestones, […]
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Former cyber spy raises $60 million to fight AI threats
Ben Seri (CTO), Sanaz Yashar (CEO), Snir Havdala (CPO) of Zafran Security. Courtesy: Eric Sultan | Zafran Zafran Security, a cybersecurity startup created by an Iranian-born spy whose story helped inspire the hit Apple TV series “Tehran,” has raised $60 million, the company said Tuesday. Sanaz Yashar, the former spy and CEO of Zafran, told […]
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Apple’s AI leadership, Costco’s tariff lawsuit, Cyber Monday Shopify outage and more in Morning Squawk
Traders work on the floor of the New York Stock Exchange (NYSE) on October 17, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading […]
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A ‘seismic’ Nvidia shift, AI chip shortages and how it’s threatening to hike gadget prices
The logo of an Apple Store is seen reflected on the glass exterior of a Samsung flagship store in Shanghai, China Monday, Oct. 20, 2025. Wang Gang | Feature China | Future Publishing | Getty Images The cost of your smartphone might rise, analysts are warning, as the AI boom clogs up supply chains and […]
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Samsung launches its first multi-folding phone as competition from Chinese brands intensifies
Samsung Electronics’s Galaxy Z TriFold media day at Samsung Gangnam in Seoul, South Korea, on Dec. 2, 2025. Anadolu | Anadolu | Getty Images Samsung Electronics on Monday announced the launch of its first multi-folding smartphone as it races to keep pace with innovations from fast-moving rivals. The long-anticipated “Galaxy Z TriFold” will go on […]
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Apple names former Microsoft, Google exec to succeed retiring AI chief
John Giannandrea. David Paul Morris | Bloomberg | Getty Images Apple’s AI chief is stepping down, the company announced Monday in the most visible shake up yet to the iPhone maker’s artificial intelligence group since launching its Apple Intelligence suite in 2024. John Giannandrea, who held the position since joining the company in 2018, will […]
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Intel stock holds 10% rise after analyst predicts major Apple deal
Intel stock held a sharp hike in pretrading on Monday, after the stock surged on Friday when an analyst predicted the chip giant was nearing a deal to supply Apple in 2027. Shares in Intel rose 10% on Friday after TF International Securities analyst Ming-Chi Kuo posted on X that he expected Intel to begin […]
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