NVIDIA Corp
Nvidia just spent over $900 million to hire Enfabrica CEO, license AI startup’s technology
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Chesnot | Getty Images Entertainment | Getty Images Nvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence hardware […]
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Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia CEO Jensen Huang said that the company’s $5 billion investment and technology collaboration with Intel comes after the two companies held discussions for nearly a year. Huang said that he communicated personally […]
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Notion rides AI boom to $500 million in annual revenue, but Microsoft competition looms
From left, Notion founders Akshay Kothari, Ivan Zhao and Simon Last. Notion OpenAI’s public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom, which remains the dominant theme in the tech industry almost three years later. Notion jumped on the bandwagon early. Two weeks before […]
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David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’
watch now VIDEO9:1109:11 David Tepper: Fed could cut a few more times, but easing too much risks entering ‘danger territory’ Squawk Box Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and other dangers to the economy and markets if the central bank goes further […]
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Stocks making the biggest premarket moves: Intel, Novo Nordisk, Bullish, Cracker Barrel and more
Check out the companies making the biggest moves in premarket trading: Intel — The semiconductor maker soared 30% after Nvidia said it will invest $5 billion in Intel to co-develop data center and PC products. Nvidia added 3%, one day after it lost 2.6%. Novo Nordisk — The Danish drugmaker jumped 7.6% after late-stage results […]
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Microsoft to spend $4 billion on second Wisconsin data center
Microsoft’s first data center in Mount Pleasant, Wisconsin. Microsoft RACINE, Wis. — Microsoft said Thursday that it will allocate $4 billion to build a second data center in Wisconsin. The first one will come online in early 2026, with the software company spending $3.3 billion on it. The first Wisconsin data center, in nearby Mount […]
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Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more
Check out the companies making headlines before the bell: Nvidia — The artificial intelligence chip darling dropped more than 1% after a report by the Financial Times , which cited three people with knowledge of the matter, said China’s internet regulator has banned the biggest tech companies in the country from buying Nvidia’s AI chips. […]
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Nvidia’s top two mystery customers made up 39% of the chipmaker’s Q2 revenue
Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmakers clientele. “Customer A” made up 23% of total revenue, and “Customer B” comprised 16% of total revenue, according to the company’s second-quarter filing with the […]
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Microsoft starts testing AI model that could escalate competition with OpenAI
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft has largely relied on OpenAI’s artificial intelligence models to power AI features in its key products. It’s trying to lessen […]
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S&P 500 rises to record as Nvidia results validate AI boom: Live updates
Traders work on the floor of the New York Stock Exchange on July 30, 2025. Spencer Platt | Getty Images The S&P 500 reached new heights on Thursday as traders pored over Nvidia’s earnings results and forecast. Investors largely looked at the numbers as affirming the AI boom. The broad market index was last 0.2% […]
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