Apple Inc
Apple and Google instructed by House committee to prepare to dump TikTok next month
A supporter holds up a sign that read “TikTok” during a news conference on TikTok in front of the U.S. Capitol in Washington, D.C., on March 22, 2023. Alex Wong | Getty Images House Committee members are urging the top executives of Apple and Google to be prepared to comply with a law that could […]
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TSMC says first advanced U.S. chip fab ‘dang near back’ on schedule. Here’s an inside look.
Atop a newly-completed, 3.5-million-square-foot building that stands on 1,100 acres in the Arizona desert north of Phoenix is a giant logo of a microchip wafer and the letters TSMC. Taiwan Semiconductor Manufacturing Company’s first Arizona chip fabrication plant, or fab, is making history because it’s the most advanced chip fab on U.S. soil, and Apple […]
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New AI winners beyond Big Tech are set to emerge, UK fund manager predicts
The AI revolution is “the biggest platform shift since electricity” and, as such, will bring investment opportunities in smaller tech firms that are climbing ever nearer to the Big Tech behemoths, according to one U.K.-based fund manager. “We’re of the firm belief that the winners of this new technology cycle, that really started 18 months, […]
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CNBC Daily Open: Inflation’s hot, but so are markets this year
Employees work at stations on the factory floor of Vanson Leathers, in their New Bedford factory, on Sept. 26. Lane Turner | Boston Globe | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter […]
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Broadcom beats on profit, says AI revenue more than tripled this year
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported better-than-expected fourth-quarter earnings on Thursday and said artificial intelligence revenue for the year more than tripled. The chipmaker’s stock ticked higher in extended trading. Here’s how Broadcom did versus LSEG consensus estimates for the quarter ending Nov. 3: Earnings per share: $1.42, adjusted vs. $1.38 […]
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OpenAI says ChatGPT suffers outage, company working on fix
OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI said Wednesday it was working to fix an outage after its popular ChatGPT assistant and Sora video generator were left inaccessible. “We have identified the issue and […]
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Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time. Tech’s seven trillion-dollar companies added roughly $416 billion in market cap for the day. […]
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Stocks making the biggest moves midday: Broadcom, GE Vernova, Stitch Fix, GameStop and more
Check out the companies making headlines in midday trading: Broadcom — Shares added 5% following a report from The Information that the semiconductor manufacturer was assisting Apple in creating an artificial intelligence chip. Shares of Apple traded less than 1% higher. C3.ai — The enterprise artificial intelligence software company shed 7.2% following a downgrade to […]
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Apple launches its ChatGPT integration with Siri
Jaque Silva | Nurphoto | Getty Images Apple released updates for its iPhone, iPad and Mac software on Wednesday that include a long-awaited ChatGPT integration with Siri. The ChatGPT integration triggers when users ask Siri complicated questions. When Siri is asked a question that Apple’s software identities as better suited for ChatGPT, it asks the […]
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Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip
A person shows Google Quantum AI’s “Willow” chip, in this undated handout photo obtained by Reuters on December 6, 2024. Google | Via Reuters Alphabet shares rose 5% during trading on Tuesday, the day after the company hailed its latest quantum computing chip as a “breakthrough.” The Google parent company on Monday revealed “Willow,” a quantum computing […]
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