Exxon Mobil, Lockheed Martin, Walt Disney and more
An Exxon gas station sign is seen on October 06, 2023 in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making …
Arm Holdings PLC
A big AI and robotics idea that has attracted Walmart and Softbank
Symbotic technology in use at a Walmart facility. Courtesy: Walmart Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling …
How GlobalFoundries aims to remain world’s third-biggest chip foundry
In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors that …
AI chip firm Kneron raises $49 million as it looks to rival Nvidia
Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, a U.S.-based semiconductor startup, said on Tuesday it raised a fresh round of funding as …
Stock Markets: Banishing the AI hallucination
The Nvidia headquarters in Santa Clara, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC …
Stock Markets: Dispelling the AI hallucination
Signage for Nvidia Corp. during the Taipei Computex expo in Taipei, Taiwan, on Tuesday, May 30, 2023. Hwa Cheng | Bloomberg | Getty Images This report is from today’s CNBC …
Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the …
Look on the bright side of higher-for-longer rates
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …
Try to see the bright side of higher-for-longer rates
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …
Klaviyo jumps 23% in debut after software vendor priced IPO at $30
BOSTON, MA – SEPTEMBER 5: Andrew Bialecki, CEO and co-founder of Klaviyo, poses for a portrait in Boston on Sep. 5, 2019. Bialecki views Klaviyo as software that can help …