Tag Archives: CNBC

Ether surges, trading close to its record again after Powell speech teasing rate cuts

The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts.

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Kimbal Musk on Elon’s Tesla pay package: ‘My brother deserves to be paid’

The electric carmaker has been locked in a legal battle over Elon Musk’s $56 billion pay package from 2018.

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Waymo granted first permit to begin testing autonomous vehicles in New York City

Waymo is getting one step closer to starting its engine in New York City.

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Inside Texas Instruments’ $60 billion U.S. megaproject, where Apple will make iPhone chips

Apple committed to making iPhone chips at Texas Instruments’ new U.S. factories. CNBC got an exclusive first look inside TI’s $60 billion megaproject.

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Nvidia in talks with U.S. to sell a more advanced chip to China, Jensen Huang says

Nvidia’s issues in China are mounting, even after the U.S. government approved the H20 for export to the Asian country.

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DeepSeek hints latest model will be supported by China’s ‘next generation’ homegrown AI chips

Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown “next generation” chips to support its AI development.

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Nvidia’s Huang says TSMC among all-time greats: Buying its stock is ‘very smart’

Nvidia’s Jensen Huang made a visit to Taiwan on Friday, where he showered praise on TSMC, calling it one of the greatest companies in history.

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Elon Musk asked Meta CEO Mark Zuckerberg to join xAI bid to buy OpenAI, filing shows

In early 2025, xAI CEO Elon Musk asked Meta’s Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI, new court filings revealed.

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Nvidia looking to halt H20 chip production after China cracks down on purchases, reports say

Nvidia has reportedly told some of its component suppliers to suspend production work for its made-for-China H20 general processing units.

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Google scores six-year Meta cloud deal worth over $10 billion

Alphabet and Meta compete in online advertising, but Meta needs more data center infrastructure as it pursues artificial intelligence growth.

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