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Tag Archives: CNBC
Taiwan will invest $250 billion in U.S. chipmaking under new trade deal
The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday.
Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand
Shares of chipmakers AMD and Nvidia popped along with equipment makers like Applied Materials after TSMC reported better-than-expected results.
Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless
Amazon invested $475 million into Saks’ acquisition of Neiman Marcus. It wants a federal judge to reject Saks’ bankruptcy plan because it harms creditors.
Spotify hikes U.S. Premium subscription price months after last rate increase
Co-founder Daniel Ek recently stepped down as CEO, with co-CEOs Gustav Söderström and Alex Norström now at the helm of the music streamer.
Greenland talks, oil’s retreat, the latest on the Netflix-WBD deal and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Australia banned social media for under 16s a month ago — here’s how it’s going
The effects of a new social media ban for under 16s in Australia has been mixed so far. Some teens are embracing new habits while others are bypassing the law.
CNBC’s Inside India newsletter: AI is taking over core operations of Indian IT companies
By 2027, most of IT services work will be done by human plus AI teams: Indian industry body report
CNBC Daily Open: Greenland and Iran tensions drive investors to gold and silver
Global geopolitical turmoil, as well as Trump’s apparent attack on the Fed, is pushing up the prices of gold and silver.
Amazon launches its ‘sovereign’ cloud in Europe and plots expansion
The Amazon Web Services (AWS) European Sovereign Cloud will be “physically and logically separate” from other AWS regions, the company said.
TSMC fourth-quarter profit beats estimates, soaring 35%, as AI chip demand stays strong
TSMCy delivered another estimate-beating quarter, with profit up 35% from a year ago as advanced chip orders tied to AI continued to dominate its business.