Intel Corp
Stocks gyrate as Nvidia gives up opening gain: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 8, 2024. Michael M. Santiago | Getty Images Stocks seesawed in early trading Thursday as Nvidia gyrated following the release of its latest quarterly results. The Dow Jones Industrial Average added 95 points, or 0.2%. The S&P 500 dipped […]
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Nvidia shares slump 3% in premarket as quarterly revenue growth slows
POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant’s third-quarter earnings failed to impress investors. Shares of the […]
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Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm said on Tuesday that it expects its so-called internet of things business to more than quadruple in sales by 2029 to around $22 billion. Of that amount, roughly $4 billion will come from PC chips, […]
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Microsoft introduces PC that has one job: connect users to their computers in the cloud
Microsoft CEO Satya Nadella watches from the audience during a press briefing at Microsoft’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | Afp | Getty Images Microsoft is previewing a new PC that’s designed to connect corporate workers to their programs and files in the cloud. The Windows 365 Cloud Link is […]
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U.S. finalizes $6.6 billion chips award for TSMC ahead of Trump return
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing […]
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Japan is ramping up efforts to revive its once dominant chip industry
Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Japan has announced a new plan to revitalize the country’s semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal […]
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‘Two-stocks’ are better than one? Repacking ‘pair trades’
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s […]
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Wall Street expects Trump presidency will unlock deal-making
Key Points Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes office in January. Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment. Kroger’s takeover of Albertsons and Tapestry’s proposed acquisition […]
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Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday. The messages were similar, with CEOs remarking that they wish Trump success when he returns to the Oval Office, and look forward to working with his administration. Amazon founder and executive chairman […]
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Nvidia passes Apple as world’s most valuable company
NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable publicly […]
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