Intel Corp
AI and crypto drove gains in this year’s top 5 tech stocks
Jensen Huang, co-founder and CEO of Nvidia Corp., holds up the company’s AI accelerator chips for data centers as he speaks during the Nvidia AI Summit Japan in Tokyo on Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it […]
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CNBC Daily Open: Inflation and dot plots
A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt | Getty Images 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. Like […]
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CNBC Daily Open: With cooler-than-expected PCE, would the Fed’s dot plot have looked different?
A customer, holding a carton of eggs at a supermarket, in United States on Dec. 20, 2024. Secuk Ancar | Anadolu | Getty Images 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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These stocks that were big losers in 2024 could rebound early next year, Wolfe says
The worst of the stock market’s laggards this year could rebound to start 2025, according to Wolfe Research. As the year winds down, so does investors’ practice of dumping their biggest losers late in the year to realize capital losses and then use them to offset capital gains and save on taxes. This move is […]
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From Nike to Intel, CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images) TL: CNBC | TR: Getty Images | BL: Reuters | BR: Getty Images Retired, ousted or poached, CEOs headed for the exits this year. U.S. public […]
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AMD invests in GPU cloud provider Vultr at $3.5 billion valuation
A sign is posted in front of the Advanced Micro Devices (AMD) headquarters on May 10, 2022 in Santa Clara, California. Justin Sullivan | Getty Images Vultr, a startup that rents out graphics processing units and other cloud infrastructure to businesses, has raised $333 million in a transaction that values the company at $3.5 billion. […]
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A decade ago, she took over a struggling chipmaker—now she’s worth $1 billion: ‘Everything takes time’
When Lisa Su became CEO of Advanced Micro Devices (AMD) a decade ago, it hardly resembled a multibillion-dollar company. AMD stock was languishing around $3 per share. The company had cut about 25% of its staff, according to Time. But under Su’s leadership, the chipmaker has flourished: Today, AMD has a market cap of $205.95 billion […]
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Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role
President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company’s headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House, in Washington, DC, November 2, 2017. Getty Images When Broadcom tried to buy rival Qualcomm for $120 billion in 2018, […]
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TSMC says first advanced U.S. chip fab ‘dang near back’ on schedule. Here’s an inside look.
Atop a newly-completed, 3.5-million-square-foot building that stands on 1,100 acres in the Arizona desert north of Phoenix is a giant logo of a microchip wafer and the letters TSMC. Taiwan Semiconductor Manufacturing Company’s first Arizona chip fabrication plant, or fab, is making history because it’s the most advanced chip fab on U.S. soil, and Apple […]
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AI’s growth is just getting started, BlackRock’s thematic ETF head says
ETF Edge AI’s growth is just getting started, BlackRock’s thematic ETF head says Published Sat, Dec 7 202411:00 AM EST Krysta Escobar WATCH LIVE Source
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