Intel Corp
Intel among most overbought stocks on Wall Street after soaring this week
The stock market raced to another record high this week after the Federal Reserve cut its benchmark interest rate, but some stocks may have risen too high, too fast. The S & P 500 rose a half of 1% on both Thursday and Friday, each time closing at a new all-time high after the Fed […]
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Stocks making the biggest premarket moves: FedEx, Intel, Lennar, Apple and more
Check out the companies making headlines before the bell : FedEx — Shares popped 5.5% on the back of a better-than-expected earnings report for the fiscal first quarter. FedEx earned an adjusted $3.83 per share on $22.24 billion in revenue, while analysts polled by LSEG forecasted $3.59 per share and $21.66 billion. Intel — The […]
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CNBC Daily Open: Nvidia is deploying its cash to cement its position
Nvidia CEO Jensen Huang attends a press conference by U.S. President Donald Trump and U.K. Prime Minister Keir Starmer at Chequers at the conclusion of a state visit on September 18, 2025 in Aylesbury, England. Leon Neal | Getty Images News | Getty Images A conundrum I’d never have to face: After finding sudden success, […]
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Nvidia just spent over $900 million to hire Enfabrica CEO, license AI startup’s technology
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Chesnot | Getty Images Entertainment | Getty Images Nvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence hardware […]
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Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia CEO Jensen Huang said that the company’s $5 billion investment and technology collaboration with Intel comes after the two companies held discussions for nearly a year. Huang said that he communicated personally […]
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Stocks making the biggest premarket moves: Intel, Novo Nordisk, Bullish, Cracker Barrel and more
Check out the companies making the biggest moves in premarket trading: Intel — The semiconductor maker soared 30% after Nvidia said it will invest $5 billion in Intel to co-develop data center and PC products. Nvidia added 3%, one day after it lost 2.6%. Novo Nordisk — The Danish drugmaker jumped 7.6% after late-stage results […]
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Intel gets $5.7 billion from Trump deal as White House says details are ‘being ironed out’
Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening. Zinsner acknowledged the investment on Thursday during an investor conference. The investment is part of the White House’s decision last Friday to take a 10% stake in the beleaguered computer chip company. Zinser also signaled the […]
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Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick
Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the government’s interest in taking those stakes days after the U.S. government acquired 10% of Intel […]
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CNBC Daily Open: The White House might need a rebranding exercise in the corporate world
U.S. President Donald Trump looks on during the signing of executive orders in the Oval Office at the White House in Washington, D.C., on Aug. 25, 2025. Jonathan Ernst | Reuters “State-owned enterprise” is a term you wouldn’t normally bandy about when mentioning the United States — especially not with the country’s Republican party, which […]
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CNBC Daily Open: U.S. wants equity in private businesses — staking its reputation
U.S. President Donald Trump wears a ‘Trump Was Right About Everything!’ hat, in the Oval Office at the White House in Washington, D.C., U.S., August 22, 2025. Jonathan Ernst | Reuters “State-owned enterprise” is a term you wouldn’t normally bandy about when mentioning the United States — especially not with the country’s Republican party, which […]
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