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Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will […]

Intel stock rises as Trump says chipmaker has agreed to sell stake to government Read More »

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

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

Omar Marques | Lightrocket | Getty Images The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second largest cryptocurrency was last higher by 12% at $4,738.91, according to Coin Metrics. Last week, ether nearly touched its

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

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

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

FILE PHOTO: Kimbal Musk speaks onstage at Move Over NFTs. Here Come the DAOs during the 2022 SXSW Conference and Festivals at Austin Convention Center on March 14, 2022 in Austin, Texas. Chris Saucedo | Getty Images Kimbal Musk, the younger brother of the world’s wealthiest person, said Elon Musk “deserves to be paid,” as

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

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

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

Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025.  Smith Collection/gado | Archive Photos | Getty Images Waymo is getting one step closer to rides in New York City. The Alphabet autonomous vehicle subsidiary received its first permit from the New

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

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

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

When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil. In August, Apple vowed to do just that. During the same Oval Office press conference where President Donald Trump announced a 100% tariff on chips from companies

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

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

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

Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia is in talks with the U.S. government about shipping a new, more advanced chip to China, CEO Jensen Huang said on Friday. Earlier this week, Reuters reported the U.S. tech giant is developing

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

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

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

Anthony Kwan | Getty Images News | Getty Images Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown “next generation” chips to support its AI models, while announcing an update to one of its large language models.  In a comment under a post on its official WeChat account, DeepSeek said the

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

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

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

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang on Friday showered praise on Taiwan Semiconductor Manufacturing Co. on a visit to Taiwan, saying that anybody looking to take a stake in the company

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

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

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

Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters Elon Musk, the world’s richest person, asked Meta CEO Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI in early 2025, court filings on Thursday revealed. The filing is part of a legal case

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

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

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

An Nvidia chip is seen through a magnifying glass in Beijing, China, on August 1, 2025. Vcg | Visual China Group | Getty Images Nvidia has asked some of its component suppliers to stop production related to its made-for-China H20 general processing units, as Beijing cracks down on the American chip darling, The Information reported

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

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