Intel Corp
These names reporting next week could see big earnings blow-ups, Wolfe Research says
Some companies reporting earnings next week could be major disappointments, according to Wolfe Research. About 90 S & P 500 companies, including eight Dow Jones Industrial Average members, are slated to post their latest quarterly figures. Headliners include four stocks out of the “Magnificent Seven” — including Meta Platforms — alongside others such as Intel […]
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Nvidia passes Apple again to become world’s most valuable company
Jensen Huang, Nvidia’s founder, president and CEO, 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 value on Tuesday, once again becoming the most valuable publicly-traded company […]
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Stocks making the biggest moves midday: Novo Nordisk, J.B. Hunt, Qorvo and more
Check out the companies making headlines in midday trading. Crypto stocks – Stocks tied to crypto prices jumped amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as the first day of his new term. Shares of crypto exchange operators Coinbase and Robinhood advanced 4.5% and […]
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Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball’s Spring Training, retirement appeal and scorching heat. But its growth into an innovation hub has been quietly playing out over several decades. Arizona’s largest city has, for a […]
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Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by the chipmaker. Turning Intel Capital, which has $5 billion in assets, into a standalone fund will allow it to raise money from outside investors, Intel said. […]
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Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
Jensen Huang, Nvidia’s founder, president and CEO, 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 revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell […]
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Stocks making the biggest moves midday: Intel, Biohaven, Nvidia and more
Check out the companies making headlines in midday trading: Intel — The struggling chip stock bounced into year-end, rising close to 1.2% in midday trading. Intel has plunged more than 60% in 2024, making the stock poised to see its worst year on record and be the second-worst performer in the S & P 500 […]
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Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain
Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]
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Want to invest in ASML? Here’s where Bernstein thinks it’s headed in 2025
Investor confidence in ASML Holding has been waning, but Bernstein remains bullish on the Dutch company which makes high-tech machines that the world’s biggest chipmakers rely on. “We remain constructive on ASML,” the investment bank’s analysts wrote in a Dec. 18 note. “Although we have revised down our estimates few times over the last six […]
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How five top CEOs described the AI boom in 2024
Throughout 2024, CNBC’s Jim Cramer discussed the seemingly boundless rise of artificial intelligence with dozens of CEOs across the tech world. Here is how five top enterprise leaders characterized AI’s meteoric rise this year. Nvidia CEO Jensen Huang said the “AI computing ramp” is only beginning and will last years. Huang in March painted a […]
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