AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector

[ad_1] Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive…

Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings

[ad_1] In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the…

Generative AI requires massive amounts of power and water, and the aging U.S. grid can’t handle the load

[ad_1] Thanks to the artificial intelligence boom, new data centers are springing up as quickly as…

Biden revoked 8 licenses for China’s Huawei in 2024, document shows

[ad_1] The Biden administration has revoked eight licenses this year that had allowed some companies to…

CNBC’s Inside India newsletter: A disconnected stock market

[ad_1] Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May…

Chip designer Arm’s shares drop after lackluster revenue guidance

[ad_1] The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto |…

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant

[ad_1] Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere…

Stocks rise to start the week as tech shares rebound: Live updates

[ad_1] Traders work on the floor of the New York Stock Exchange.  NYSE Stocks rose to…

BMW to use Amazon cloud technology to build its autonomous driving features for new EVs

[ad_1] BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its…

Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion

[ad_1] The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023. Gabby…