NVIDIA Corp
CNBC Daily Open: Raining on OpenAI’s parade
The steel frame of data centers under construction during a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the brims with Oracle and Nvidia infrastructure — […]
Read More
Stock futures are little changed after S&P 500 pulls back from record highs: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed Tuesday night after the S&P 500 pulled back from record levels. Futures tied to the Dow Jones Industrial Average edged up 15 points, or 0.03%. S&P futures were 0.04% higher, while Nasdaq 100 futures rose 0.07%. In after-hours […]
Read More
Micron beats on earnings as company sales rise 46% on AI boom
A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the current quarter. The stock rose in extended trading. Here’s how the company did in comparison with […]
Read More
Nvidia’s and OpenAI’s ‘monumental’ data center plan has an equally massive problem: Where to find the power
Nvidia CEO Jensen Huang told CNBC this week that the chipmaker’s AI infrastructure plan with OpenAI is “monumental in size.” Their plan is so big that it will push the boundaries of what is possible. The chipmaker and the AI lab are aiming to build at least 10 gigawatts of data centers. This will sap […]
Read More
This Nvidia derivative is on the verge of a sharp move higher, according to the charts
I think after yesterday’s blockbuster announcement of Nvidia’s $100 billion investment into OpenAI, our heads are still spinning a bit trying to make sense of it all. Is AI really going to change our lives as the thought leaders claim such as curing cancer, solving climate change, fixing the education system, mining asteroids and making […]
Read More
Stocks making the biggest moves midday: Firefly Aerospace, AutoZone, Sempra, Halliburton and more
Check out the companies making headlines in midday trading: Baker Hughes , Halliburton — Oil services stocks including Halliburton and Baker Hughes traded higher as oil prices looked to break a four-day losing streak. Baker Hughes’ stock rose more than 4%, while Halliburton and Transocean each added 8%. Sempra — Shares of the energy company […]
Read More
Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
Read More
Chinese EV giant BYD says it has a backup plan if it’s cut off from Nvidia chips
The Chinese electric car manufacturer BYD presents its models at the Open Space Area during the IAA Mobility in Munich, Bavaria, Germany, on September 12, 2025. Eyeswideopen | Getty Images News | Getty Images BYD has a backup plan if it gets cut off from the Nvidia chips it currently uses in its cars, a […]
Read More
Stocks making the biggest moves premarket: Firefly Aerospace, AutoZone, Kenvue & more
Check out the companies making headlines before the bell: Firefly Aerospace — The aerospace company fell more than 10% after posting its first quarterly report since going public last month. Firefly saw a wider loss and lower revenue than expected for the second quarter. AutoZone — The automotive parts retailer fell 2% after its gross […]
Read More
Nvidia and OpenAI’s $100-billion deal sparks global chip stock rally
Nurphoto | Nurphoto | Getty Images Major global semiconductor stocks rose on Tuesday after Nvidia announced plans to invest $100 billion in OpenAI. The deal between Nvidia and OpenAI is on a large scale. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 […]
Read More