Intel Corp
With AI-associated shares in the spotlight, listed here are the leading analyst phone calls this week
Immediately after the Nasdaq Composite missing pretty much 2% on Thursda y, synthetic intelligence-related stocks are again in the highlight, with investors questioning whether their recent rally will keep on. The decline in tech and AI stocks will come immediately after a seemingly unstoppable rise as the buzz close to the opportunity for AI continued […]
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JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers
NEW YORK, NEW YORK – MAY 26: The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City. Michael M. Santiago | Getty Images Data centers have been widely talked about and Malaysia is emerging as an attractive investment opportunity offering different sectors and ideas to play, according […]
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Stocks making the biggest moves premarket: Chemours, Intel, BP and more
Check out the companies making headlines before the bell. Chemours — The chemical company added about 3% after UBS upgraded the company to buy from neutral, saying the stock could outperform as refrigerants see favorable demand and price drivers heading into next year. Nvidia — Shares rose more than 1% after KeyBanc hiked its price […]
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Biden revoked 8 licenses for China’s Huawei in 2024, document displays
The Biden administration has revoked 8 licenses this 12 months that had allowed some firms to ship merchandise to Chinese telecoms gear big Huawei, in accordance to a document first described by Reuters, as it seeks to stress the resurgent firm. Marko Djurica | Reuters The Biden administration has revoked eight licenses this year that had permitted some corporations to ship […]
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Democrats inquire Raimondo to move up enforcement on CHIPS funding
U.S. Secretary of Commerce Gina Raimondo testifies all through the Dwelling Science, House and Know-how Committee hearing titled “Chips on the Desk: A a person year critique of the CHIPS and Science Act,” in the Rayburn Constructing in Washington, D.C., on Sept. 19, 2023. Tom Williams | Cq-roll Simply call, Inc. | Getty Photos WASHINGTON […]
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U.S. chip curbs in Middle East just ‘business as common,’ Ooredoo CEO claims immediately after Nvidia offer
Jakub Porzyck | Nurphoto | Getty Photographs Qatari telecoms supplier Ooredoo informed CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. polices and will however make it possible for it to have obtain to the most up-to-date technologies. Ooredoo previously this week signed a partnership with Nvidia, marking the chipmaker’s first […]
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Tech giants bet next-generation optical networks will reduce AI’s climate impact, aid 6G transition
Fast adoption of e-commerce, online streaming media, and workplace productivity tools — particularly during the Covid pandemic — has massive strain on current-day telecom networks. Nurphoto | Getty Images Some of the world’s largest tech firms are backing a new kind of telecoms network which they say will help reduce overall power consumption of data-hungry […]
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Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies. […]
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Trump heads to tech fundraiser in San Francisco, with some visitors having to pay $300,000
Republican presidential applicant and former U.S. President Donald Trump gestures outside Trump Tower, the day right after a guilty verdict in his criminal demo about costs that he falsified organization data to conceal dollars compensated to silence porn star Stormy Daniels in 2016, in New York City, U.S., May possibly 31, 2024. Andrew Kelly | […]
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Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals
Intel wants to regain its position as the world’s leading chipmaker, CEO Pat Gelsinger said, after being overtaken by rivals TSMC and Samsung in recent years. “We want to build everybody’s chips, everybody’s AI chips. We want them to be built leveraging the U.S. factories,” Gelsinger told CNBC on the sidelines of the Computex tech […]
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