NVIDIA Corp
Nvidia says CEO Jensen Huang is joining Trump’s China trip
BEIJING — Nvidia CEO Jensen Huang is joining U.S. President Donald Trump’s trip to China this week, the chipmaker confirmed to CNBC, after initial indications the executive had not been invited. “Jensen is attending the summit at the invitation of President Trump to support America and the administration’s goals,” a spokesperson for the chip giant […]
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Qualcomm drops 11% as chip stocks pull back from record AI-driven rally
Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and propelled the sector to new highs. Qualcomm plummeted more than 11% and headed for its worst session since 2020. […]
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Google races to put Gemini at the center of Android before Apple’s AI reboot
An Android character is displayed in front of a building on the Google headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Images Google is using its latest Android rollout to make Gemini less of a chatbot and more of an operating layer across the phone, browser, car and laptop, […]
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The stock market isn’t ignoring Iran. It’s rising for these three very real reasons
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. Brendan McDermid | Reuters The U.S.-Iran war drags on with no sign yet of a peace deal. Someone needs to tell the stock market. After a small early drawdown near the outset of the war, […]
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Trump’s China trip, Nadella’s testimony, GM layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. If you’re a big Amazon user, your orders could soon arrive much faster. The e-commerce titan this morning announced plans to roll out 30-minute delivery in dozens of U.S. cities. Stock futures are slipping before the bell after a positive […]
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Trump is taking more than a dozen U.S. executives to China. Jensen Huang isn’t one of them
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images BEIJING — Nvidia CEO Jensen Huang said it would be “a great honor” to travel to […]
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SoftBank has injected $450 million into this British AI chip company
Softbank has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment giant looks to continue its major play in AI infrastructure and hardware. Graphcore, which is developing AI chips and systems and was acquired by the Japanese giant in 2024, issued a single share at the value of […]
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Five things to watch in Asia as Trump prepares to meet China’s Xi this week
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — The U.S. and China are rallying their East Asia ties ahead of a highly anticipated presidential summit in Beijing later this week. Trade negotiators from […]
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CNBC Daily Open: Iran ceasefire on life support, but market volatility alive and kicking
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Andrew Caballero-reynolds | Afp | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of […]
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Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Deepak Ahuja Source: Verily Redwood Materials, the electric vehicle battery recycling business started by Tesla board member and former CTO JB Straubel, is bringing on another former Tesla executive, Deepak Ahuja, as CFO, the company announced Monday. Ahuja served as finance chief at Tesla from March 2017 to March 2019, his second term at Elon Musk’s […]
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