Tag Archives: CNBC

Cramer sees any Nvidia sales of H200s in China as a ‘pure bonus,’ says the stock should be higher

Wall Street fails to see the benefit of Nvidia finally getting the green light from the U.S. to sell its second-best chips in China.

Posted in Tech | Tagged | Comments Off on Cramer sees any Nvidia sales of H200s in China as a ‘pure bonus,’ says the stock should be higher

Cramer: I may need to reevaluate our Costco position. Plus, a good sign for Linde

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

Posted in Tech | Tagged | Comments Off on Cramer: I may need to reevaluate our Costco position. Plus, a good sign for Linde

Fifth Third signs deal making fintech firm Brex the provider of its commercial cards

The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations.

Posted in Tech | Tagged | Comments Off on Fifth Third signs deal making fintech firm Brex the provider of its commercial cards

Paramount’s hostile Warner Bros. bid, Meta’s AI course correction, McDonald’s value crackdown and more in Morning Squawk

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

Posted in Tech | Tagged | Comments Off on Paramount’s hostile Warner Bros. bid, Meta’s AI course correction, McDonald’s value crackdown and more in Morning Squawk

SF mayor’s downtown revival project has reeled in $60 million from Google, OpenAI and others

San Francisco’s Downtown Development Corporation has received $60 million in early commitments, up from $40 million at its launch in April.

Posted in Tech | Tagged | Comments Off on SF mayor’s downtown revival project has reeled in $60 million from Google, OpenAI and others

Nvidia can sell the more advanced H200 AI chip to China — but will Beijing want them?

Nvidia received the green light from the U.S. to sell its advanced H200 chip to China. But there are questions over whether Beijing will allow this to happen.

Posted in Tech | Tagged | Comments Off on Nvidia can sell the more advanced H200 AI chip to China — but will Beijing want them?

From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion

Meta’s push to develop its next frontier model, codenamed Avocado, under new AI leadership is creating internal friction as it races rivals OpenAI and Google.

Posted in Tech | Tagged | Comments Off on From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion

AI’s potential excites executives and investors, but general public remains skeptical, survey says

Three years after the launch of ChatGPT, corporate executives and the general public have widely divergent views on the potential of artificial intelligence.

Posted in Tech | Tagged | Comments Off on AI’s potential excites executives and investors, but general public remains skeptical, survey says

House Democrats establish AI working group as industry bolsters DC presence

House lawmakers see the commission as a starting point for working with industry on AI policies, issues.

Posted in Tech | Tagged | Comments Off on House Democrats establish AI working group as industry bolsters DC presence

U.S. uncovers scheme to reroute Nvidia GPUs worth $160 million to China despite export bans

Authorities have shut down yet another China-linked smuggling network for Nvidia’s AI chips, according to a release from a U.S. Attorneys office.

Posted in Tech | Tagged | Comments Off on U.S. uncovers scheme to reroute Nvidia GPUs worth $160 million to China despite export bans