Intel Corp
Stocks making the biggest moves midday: Intel, Nvidia, AppLovin and more
Check out the companies making headlines in midday trading: Intel — Shares rose more than 2% after Reuters, citing two sources familiar with the matter, reported that chipmakers Nvidia and Broadcom are running manufacturing tests with Intel . The tests signal that both companies are heading closer toward committing hundreds of millions of dollars’ worth […]
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Intel delays Ohio chip plant opening to next decade, was supposed to start production by 2026
US President Joe Biden, second left, tours the site of the new Intel semiconductor manufacturing facility near New Albany, Ohio, US, on Friday, Sept. 9, 2022. Gaelen Morse | Bloomberg | Getty Images Intel is pushing off the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday. The company said it won’t […]
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Amazon touts its first quantum computing chip a week after Microsoft’s unveiling
Amazon on Thursday revealed its first chip for quantum computing, and said the design is a step toward building efficient high-scale systems. The processor is called Ocelot, and the announcement comes as more tech companies tout their advancements in quantum. Last week, Amazon cloud rival Microsoft showed off its inaugural quantum chip. Microsoft had a […]
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How the world’s largest asset manager is using nearly $28 billion of acquisitions to reinvent itself
BlackRock has been on a buying spree that will change the makeup of the world’s biggest asset manager. BlackRock announced last year a slew of high-profile acquisitions — including a $12 billion deal to buy private credit manager HPS Investment Partners (HPS), which is expected to close in mid-2025; a $12.5 billion purchase of infrastructure […]
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CNBC Daily Open: The S&P 500 closed at a new high — investors remain unfazed amid Trump’s blitz
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC U.S. President Donald Trump’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t ending. As top U.S. officials meet their Russian counterparts for high-level talks, Trump suggested to reporters that Ukraine was somehow responsible […]
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Intel shares pop 11% on report Broadcom and Taiwan Semi could break up company
Intel shares rallied 11% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The stock was on pace for its best day since October 2022. The Wall Street Journal reported that Broadcom may consider a play for […]
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Stocks making the biggest moves midday: Intel, Walgreens Boots Alliance, Nike, Super Micro Computer and more
Check out the companies making headlines in midday trading. Super Micro Computer — The server builder surged 11%, extending its 32% rally from last week after CEO Charles Liang said he is “confident” the company can file its delayed annual report by the Feb. 25 deadline. Constellation Brands — The booze stock jumped 4.4% after […]
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CNBC Daily Open: Elon Musk’s money can’t buy OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington, DC, US, on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, […]
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CNBC Daily Open: Elon Musk’s money is not the issue for OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, which might […]
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Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
The logo of Intel is seen during Computex 2024 in Taipei, Taiwan, June 4, 2024. I-hwa Cheng | Afp | Getty Images Intel’s rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the U.S. chipmaking icon in two, the Wall Street Journal reported on Saturday, citing people familiar with […]
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