Tag Archives: CNBC

Amazon opens $11 billion AI data center in rural Indiana as rivals race to break ground

Amazon has opened a date center on 1,200 acres of land in Indiana dedicated to training and running models from Anthropic.

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World’s largest sovereign wealth fund returns 5.8% amid AI optimism

The fund, the largest of its kind in the world, said its value grew 854 billion Norweigan kroner in the third, powered by strong equities gains.

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Nvidia shares pop 3% in premarket as tech giant nears historic $5 trillion valuation

Nvidia is on track to become the first company to cross the $5 trillion market value threshold.

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Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to

Nvidia CEO Jensen Huang is headed to South Korea where he is expected to meet President Donald Trump and the country’s top business executives.

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CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI

Investors can’t get enough of AI, despite worries over high valuations — and tech companies can’t get enough of each other, either.

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Jaguar Land Rover’s cyberattack holds an ominous lesson for British businesses

The attack on Jaguar Land Rover could be the most economically damaging in UK history. Now, attention turns to what happens next.

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Trump signals he could speak to China’s Xi about Nvidia’s ‘super duper’ chips

U.S. President Donald Trump says he plans to discuss Nvidia’s advanced Blackwell AI chips with Chinese President Xi Jinping later this week.

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CNBC Daily Open: It’s a boom, it’s a bubble, it’s still not enough for investors: It’s AI

Investors can’t get enough of AI, despite worries over high valuations — and tech companies can’t get enough of each other, either.

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Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand

SK Hynix posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in generative AI chipsets.

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Celestica CEO explains the company’s role in the AI boom

Celestica CEO Rob Mionis talked his business’ strategy in an interview with CNBC’s Jim Cramer.

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