Arm releases first in-house chip, with Meta as debut customer
For more than 35 years, Arm Holdings has licensed its instruction sets to the world's biggest chipmakers and collected royalties ...
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Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs
A week after Meta committed to using millions of Nvidia's processors to power its AI expansion, the social media company ...
Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC
SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC's David Faber. The Japanese investment giant sent ...
These underperforming groups may deliver AI-electric appeal. Here’s why.
Industrial and infrastructure stocks may soon share the spotlight with the artificial intelligence trade.According to ETF Action's Mike Atkins, there's a bullish setup ...
CNBC Daily Open: A chance for peace in the Middle East and the U.S.-China trade war
U.S. President Donald Trump gestures as he poses next to a sign before a family photo at a world leaders' ...
Nvidia, chip stocks pop after Foxconn reports record revenue
Jakub Porzyck | Nurphoto | Getty ImagesGlobal semiconductor stocks climbed Monday after contract electronics giant Foxconn announced record fourth-quarter revenue, ...
Here are 3 stocks — other than Nvidia — getting an AI premium from Wall Street
Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC's San Francisco bureau on ...
