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AMD stock continues rally after OpenAI deal, now up 43% this week so far
Technology

AMD stock continues rally after OpenAI deal, now up 43% this week so far

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images AMD stock climbed 11% on Wednesday, continuing a massive run since OpenAI announced plans to buy billions of dollars […]

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Google adds limits to ‘Work from Anywhere’ policy that began during Covid
Technology

Google adds limits to ‘Work from Anywhere’ policy that began during Covid

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Google is continuing to put restrictions on remote work, this time with a popular policy called “Work from Anywhere” that was established during the […]

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Jensen Huang says Trump’s H-1B changes would’ve prevented his family from immigrating
World

Jensen Huang says Trump’s H-1B changes would’ve prevented his family from immigrating

Nvidia CEO Jensen Huang said Wednesday that his family’s immigration to the U.S. “would not have been possible” with the Trump administration’s current policy. President Donald Trump announced in September that employers would have to pay a $100,000 fee for each H-1B visa, a temporary worker visa granted to foreign professionals with specialized skills. Huang, […]

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CoreWeave stock rallies as it introduces new AI tools for developers
Technology

CoreWeave stock rallies as it introduces new AI tools for developers

Michael Intrator, co-founder and CEO of CoreWeave participates in an interview on the floor of the New York Stock Exchange in New York on Sept. 22, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave shares rose as much as 8% Wednesday as the artificial intelligence cloud provider announced new tools to help programmers develop […]

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AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates
Technology

AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates

Lisa Su, CEO of AMD, left, and Jensen Huang, CEO of Nvidia Benoit Tessier | Ritzau Scanpix | Mads Claus Rasmussen | Reuters In the 1990s, when Intel dominated the PC chip market, the semiconductor maker needed Advanced Micro Devices to exist as a viable No. 2 to help avoid being charged with monopolistic behavior.  […]

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5 things Nvidia’s Jensen Huang said about the state of the AI race with China
Technology

5 things Nvidia’s Jensen Huang said about the state of the AI race with China

Nvidia CEO Jensen Huang said Wednesday that the U.S. is “not far ahead” of China in the artificial intelligence race, and that the country needs a “nuanced strategy” to stay on higher ground. Huang has been walking a tense line between the two countries and has praised China’s AI models, including DeepSeek, Alibaba, and Baidu. […]

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Nvidia’s Huang says he’s surprised AMD offered 10% of the company in ‘clever’ OpenAI deal
Technology

Nvidia’s Huang says he’s surprised AMD offered 10% of the company in ‘clever’ OpenAI deal

Nvidia CEO Jensen Huang said Wednesday that he’s surprised Advanced Micro Devices offered 10% of itself to OpenAI as part of a multibillion-dollar partnership announced earlier this week. “It’s imaginative, it’s unique and surprising, considering they were so excited about their next generation product,” Huang said in an interview with “CNBC’s Squawk Box.” “I’m surprised […]

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Bank of England warns of ‘sharp market correction’ if AI bubble bursts
World

Bank of England warns of ‘sharp market correction’ if AI bubble bursts

Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on 19th February 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England on Wednesday warned that the risk of a “sharp market correction” has increased, noting that valuations […]

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Nvidia’s Huang says AI computing demand is up ‘substantially’ in the last 6 months
Technology

Nvidia’s Huang says AI computing demand is up ‘substantially’ in the last 6 months

Nvidia CEO Jensen Huang said demand is up huge this year as artificial intelligence models develop further from answering simple questions to complex reasoning. “This year, particularly the last six months, demand of computing has gone up substantially,” said Huang on CNBC’s “Squawk Box.” The CEO of the AI chip leader was answering a question […]

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Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
World

Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge

AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares […]

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