Intel Corp
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in at […]
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Qualcomm drops 11% as chip stocks pull back from record AI-driven rally
Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and propelled the sector to new highs. Qualcomm plummeted more than 11% and headed for its worst session since 2020. […]
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Bulls and bears both believe this could be 1999 all over again. Embrace it or dump your tech stocks?
The central debate on Wall Street is starting to sound something like this: Bears say, “It’s starting to look like 1999 – sell tech stocks,” while bulls counter, “It’s starting to look like 1999 – buy tech.” This disagreement over whether to embrace or recoil from the market’s resemblance to the final frenzy of the […]
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Micron shares are rising again despite weak overall market. Why memory chip rally seems unstoppable
Sopa Images | Lightrocket | Getty Images Micron has become a standout favorite during the ongoing memory chip rally as tech companies scramble to secure supply amid shortages. The stock is up yet again on Monday even as the overall market is sagging on rising energy prices and concerns of renewed fighting between the US […]
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‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands
The Nasdaq will rise to 30,000 points in the next year as a bumper earnings season continues to bolster enthusiasm for AI stocks, Dan Ives, managing director at Wedbush Securities, told CNBC’s Squawk Box Europe on Monday. A solid tech earnings season has seen investor jitters earlier this year replaced with bullishness over the AI […]
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Trump rejects Iran’s proposal, Alphabet’s rally, Target ‘baby boutiques’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Several pharmaceutical stocks are climbing this morning amid the recent hantavirus outbreak. Officials say the public health risk from the virus is low. Stock futures are little changed this morning following a winning week for all three major indexes. Here […]
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Stocks making the biggest moves premarket: Moderna, Lumentum, Intel, monday.com & more
Check out the companies making the biggest moves premarket: Moderna — The biotechnology company was up almost 9% after a U.S. citizen tested positive for the hantavirus. Another American had symptoms for the virus, but had yet to test positive, the Associated Press reported . Moderna last week announced that it was in the early-stage […]
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Alphabet’s 160% rally in a year reflects value of owning ‘most of the stack’ in AI
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 Alphabet briefly passed Nvidia by market cap in after-hours trading this week, a remarkable feat for a company that was seen as deeply at […]
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Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year
Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | AFP | Getty Images Nvidia stepped on the gas last year, putting cash into companies up and down the AI infrastructure stack and helping […]
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Intel shares soar on Apple chip deal report. Here’s why it signals a total pivot for chipmaking
Apple and Intel are reportedly closing in on a deal that would see Intel make some of the chips for the iPhone maker’s devices, marking a major shift in the chipmaking landscape. Talks between the two companies have been brewing for more than a year, with a preliminary agreement reached in recent months, the Wall […]
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