Intel Corp
AMD launches AI chip to rival Nvidia’s Blackwell
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen by […]
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Stocks making the biggest moves midday: Micron, Tesla, Ulta, Intel and more
Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker’s earnings, which are expected Wednesday after market close. Analyst Harlan Sur anticipates Micron’s results will be boosted by strong artificial intelligence and server demand. Tesla — Shares […]
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Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more
Check out the companies making headlines before the bell. Intel – The chipmaker rose 4% on news that asset management company Apollo Global Management offered to make an equity-like investment of as much as $5 billion in Intel, according to a Bloomberg News report on Sunday. CNBC confirmed on Friday that Qualcomm had recently approached […]
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CNBC Daily Open: Recession concerns still linger
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters 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 where they are. […]
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Why this top fund manager says the best investment this year is ‘the hedge against political cycles’
ETF Edge Why this top fund manager says the best investment this year is ‘the hedge against political cycles’ Published Sat, Sep 21 202411:00 AM EDT Emily Glass WATCH LIVE Source
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Intel’s wild week leaves Wall Street more uncertain than ever about chipmaker’s future
Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024. Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years […]
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Intel shares pop on report Qualcomm has approached it about takeover
Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters Qualcomm approached Intel about a takeover in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares rose 8% on the report. The deal, if it were to happen, would […]
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Stocks making the biggest moves midday: Gannett, Accenture, Hewlett Packard and more
Check out the companies making headlines in midday trading: Hewlett Packard Enterprise — The tech hardware stock jumped 6% after Bank of America upgraded the stock to a buy rating from neutral. The Wall Street firm believes the stock’s valuation is now “compelling,” while highlighting a slew of positive catalysts including new Chief Financial Officer […]
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S&P 500 jumps to record ahead of key Fed decision on interest rates: Live updates
Traders work on the floor of the New York Stock Exchange. Brendan Mcdermid | Reuters The S&P 500 hit a record high Tuesday as the market awaited the Federal Reserve’s key interest rate cut decision. The broad market index was last up 0.4% at the 5,650 level, after earlier touching a new record high of […]
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Stocks making the biggest moves premarket: Microsoft, Intel, Shopify and more
Check out the companies making headlines before the bell. Microsoft — Shares were up about 2% after the tech giant increased its quarterly dividend by 10.7% to 83 cents per share. The new dividend is payable Dec. 12. The company also approved a new $60 billion share repurchase program. SolarEdge Technologies — Shares fell more than […]
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