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CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

by Milton Acorn
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This …

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Categories Science

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

by Adesola Mojo
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This …

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Categories Automobile

Intel has hired Morgan Stanley to defend against activists: sources

by Adrian Jhonsan
Intel has hired Morgan Stanley to defend against activists: sources

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel is working with …

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Categories World

Intel on pace for worst day since 2020 on weak outlook

by Ev Richard
Intel on pace for worst day since 2020 on weak outlook

Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023.  Intel shares slumped 12% on Friday and headed for their steepest drop …

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Categories Technology

Intel (INTC) earnings report Q4 2023

by Ev Richard
Intel (INTC) earnings report Q4 2023

Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that lagged analyst forecasts even as results for the latest …

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Categories Technology

Mobileye shares plunge after chipmaker warns of order pullback

by Adesola Mojo
Mobileye shares plunge after chipmaker warns of order pullback

Mobileye signage is displayed during the company’s initial public offering at the Nasdaq MarketSite in New York on Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Mobileye, the …

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Categories Automobile

Intel plans to IPO programmable chip unit within three years

by Ev Richard
Intel plans to IPO programmable chip unit within three years

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on …

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Categories Technology

Qualcomm banks on AI to grow automotive chip business

by Ev Richard
Qualcomm banks on AI to grow automotive chip business

Qualcomm is best known for the chips and modems inside Android phones. But in recent years, it’s also started selling a package of hardware chips, sensors and software called Snapdragon …

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Categories Technology

China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’

by Adrian Jhonsan
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’

Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty …

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Categories World

Arm files for Nasdaq listing, as SoftBank sells shares in chipmaker

by Adrian Jhonsan
Arm files for Nasdaq listing, as SoftBank sells shares in chipmaker

SoftBank plans to list Arm in the U.S. CFOTO | Future Publishing | Getty Images Arm, the chipmaker owned by Japan’s SoftBank, filed for a Nasdaq listing on Monday, positioning …

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Categories World
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