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The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen…
TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023 Jakub Porzycki | Nurphoto | Getty Images The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting…
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter. The shares rose 10% in extended trading at one point before falling…
NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable publicly…
Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images At around $23 a share, Intel is no longer a viable member of the Dow Jones Industrial Average. That was the conclusion of the S&P Dow Jones committee, which decides…
Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase | Picture Alliance | Getty Images With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company…
CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow…
The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty Images In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned…
Traveling through Italy, I used ChatGPT as a tour guide for the moments where my mom and I wandered into interesting little corners, alleys and buildings where our curiosity was piqued with no tour guide around. Salvador Rodriguez/CNBC As I stood with my mom under the blistering sun in Rome waiting for our audio tour…
File: Mike Jeffries, then Abercrombie & Fitch CEO in 2005. Michael Loccisano | FilmMagic | Getty Images Former Abercrombie & Fitch CEO Mike Jeffries and two other men were arrested on charges of sex trafficking and interstate prostitution that allegedly occurred when Jeffries was leading the iconic clothing brand, authorities said Tuesday. Jeffries, 80, and…
