CoreWeave Inc
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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Jensen Huang explains why Nvidia’s latest partnership with OpenAI is different
In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and […]
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Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet
Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is “tremendous,” the production of artificial intelligence data centers will eventually top out. “I’m sure at some point there’ll be too many of these things built, but we don’t see any signs of that,” Dell said on “Closing Bell: Overtime.” The hardware […]
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Dell stock pops as company ups long-term revenue growth expectations
Visitors watch a hologram at the stand of Dell Technologies Inc., at the MWC (Mobile World Congress), the world’s biggest mobile fair, in Barcelona on March 5, 2025. Josep Lago | AFP | Getty Images Shares of Dell Technologies climbed 6% in premarket trading Tuesday after the company increased its long-term revenue and profit growth […]
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CNBC Daily Open: A September no investor wanted to sleep on
A trader works on the floor of the New York Stock Exchange on Sept. 30th, 2025. NYSE The U.S. government will shut down on Oct. 1 stateside. Around 750,000 federal employees— including those in the Bureau of Labor Statistics — will be furloughed, according to the Congressional Budget Office. That means September’s jobs report will […]
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Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmaker’s market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to […]
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Stocks making the biggest moves premarket: CoreWeave, Firefly Aerospace, Instacart, Wolfspeed and more
Check out the companies making the biggest moves in premarket trading: Firefly Aerospace — The space technology company’s stock fell 10% after one of its rocket boosters exploded during preflight testing at its Texas facility. Firefly Aerospace said no other facilities were affected and it is assessing the impact of the explosion. Wolfspeed — The […]
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CoreWeave stock climbs 10% after company lands $14 billion deal with Meta
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters Shares of CoreWeave popped more than 10% in premarket trading on Tuesday after the company announced it has agreed […]
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A look at OpenAI’s tangled web of dealmaking
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman is everywhere. His artificial intelligence startup, now valued at $500 billion, has been inking deals valued in the tens to hundreds of billions of dollars […]
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Nvidia’s $100 billion OpenAI deal showcases chipmaker’s growing investment portfolio
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia this week said it’ll invest $100 billion into OpenAI in a deal that highlights just how big the chipmaker’s investment portfolio has […]
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