Microsoft CEO Satya Nadella speaks at the company’s annual developer conference in Seattle on May 21, 2024. Max Cherney | Reuters Microsoft said Thursday that it’s starting the process of releasing a broad update to its Windows 11 operating system for PCs. Today, Windows accounts for just 9% of Microsoft’s $245 billion in fiscal 2024 … Read more
Georgijevic | E+ | Getty Images A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to a report released Wednesday by consultancy Bain & Company. The last major semiconductor shortage happened during the Covid-19 pandemic amid supply chain disruption and a rise … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks opened higher Monday in a continuation of last week’s momentum, which saw all major indexes gain more than 1%. The Dow closed Friday at a record while the … Read more
Traders work on the floor of the New York Stock Exchange on September 18, 2024 in New York City. Stephanie Keith | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a … Read more
Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024. Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years … Read more
Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters Qualcomm approached Intel about a takeover in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares rose 8% on the report. The deal, if it were to happen, would … Read more
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical … Read more
Jaque Silva | SOPA Images | Lightrocket | Getty Images In late 2022, OpenAI’s launch of ChatGPT spurred an explosion of interest in the possibilities for artificial intelligence. Within months, some of the biggest tech companies in the world, including Microsoft, Meta and Google, joined the party, launching their own AI chatbots and generative AI … Read more
