Tag Archives: CNBC

Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn

President Trump’s government agency gutting and budget cuts leave the U.S. economy at greater risk of cyberattacks than a year ago, according to experts.

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Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race

Google’s cloud business is a primary engine of growth, and the company’s custom-built chips called Tensor Processing Units are helping drive it.

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AI valuation fears grip global investors as tech bubble concerns grow

The recent slide among AI stocks has once again put fears of a tech bubble at the forefront of investors’ minds.

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CEO of Southeast Asia’s largest bank warns investors: ‘Buckle up, we’re in for a volatile ride’

DBS CEO Tan Su Shan cautioned investors about persistent market swings amid stretched U.S. valuations and concentrated AI stock exposure.

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Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs

Tesla CEO Elon Musk he needs a “gigantic” semiconductor fabrication plant to meet the company’s chip needs as it expands its AI and robotics ventures. 

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CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October

For most tech workers and investors, Thursday was another reminder of volatility’s sting. For Elon Musk, it was another day on the road to the stratosphere.

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SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks

Shares of Japan’s SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations.

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The stocks set to win from soaring AI spend, according to analysts

While Big Tech deals draw eyeballs, opportunities lie in those flying under the radar but supporting the AI supply chain.

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China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy

China’s strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.

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