Tag Archives: CNBC

Govini founder Eric Gillespie, who lives in Pittsburgh, is charged with four felonies, including multiple counts of unlawful contact with a minor.

Investors had looked to Nvidia’s earnings report to settle fears that the AI bubble is on increasingly shaky ground.

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

Nvidia is king in AI chips, but custom ASICs are gaining ground with Google, Amazon, Meta, Microsoft and OpenAI now making their own.

At a recent all-hands meeting, Google’s head of AI infrastructure said the company has to race to buildout compute capacity.

Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.

The market is “quite confused” over the dramatic rally and reversal, one fund manager said.

At Foxconn’s ‘Hon Hai Tech Day’ the world’s largest contract manufacturer’s evolution into an artificial intelligence-focused tech firm on full display. 

Asian chip stocks fell in early trading, tracking Nvidia’s losses in the U.S., despite the American AI chip darling posting strong third-quarter earnings. 

OpenAI has struck a new partnership with Foxconn, the world’s largest contract electronics manufacturer, to build artificial intelligence hardware.