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Tag Archives: CNBC
Nvidia’s first GPU was made in France — Macron wants the country to produce cutting edge chips again
French President Emmanuel Macron said he wants France to be able to manufacture semiconductors in the range of 2 nanometers to 10 nanometers.
China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up
U.S. export controls on Nvidia have incentivized China to develop alternatives, while also making it more difficult for domestic firms to do so, experts say.
Databricks says annualized revenue will reach $3.7 billion by next month
Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 billion by July, with 50% year-over-year growth.
Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says
The Tesla CEO’s favorability scores have declined among GOP voters, according to public opinion survey results from Quinnipiac University.
Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut
Chime’s debut set for Thursday follows recent listings from eToro and Circle, with investors watching closely to gauge broader appetite for fintech offerings.
Shaquille O’Neal to pay $1.8 million to settle FTX investor lawsuit
Shaquille O’Neal has agreed to pay $1.8 million to settle a class action suit accusing him of misleading investors by promoting crypto exchange FTX.
Oracle shares climb 8% as earnings, revenue top estimates
Oracle reported better-than-expected results for the latest quarter on Wednesday.
Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs
While President’s Trump’s 90-day tariff pause has helped boost the stock market after a brutal April, small businesses are still suffering from the uncertainty.
Chime’s IPO will test public market appetite for fintech as companies line up to exit
After a multi-year IPO freeze, fintech companies like Chime are entering the public market with slashed valuations and tempered expectations.
Google adds chief AI architect to accelerate development of AI products
The role is a new one for the artificial intelligence unit.