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Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals

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Intel wants to regain its position as the world's leading chipmaker, CEO Pat Gelsinger said, after being overtaken by rivals TSMC and Samsung in...
Jobs

Google cuts at least 100 jobs across fast-growing cloud unit, sources say

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Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019.Michael Short | Bloomberg | Getty ImagesAlphabet is...
Bussiness

Atos falls 14% as embattled French IT firms weighs rescue deals set to result in ‘massive dilution’

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This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. (Photo by...
Tech

AMD announces new AI chips amid intensifying competition with Nvidia, Intel

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Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the AMD Advancing AI event in San Jose, California, US,...
Bussiness

CNBC Daily Open: Nvidia shares soar on AI boom

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In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Rafael Henrique | SOPA Images | Lightrocket |...
Bussiness

Nvidia beating earnings per share expectations is worst-kept secret on Wall Street, says Evercore ISI

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Wall Street has great expectations for Nvidia 's earnings on Wednesday, according to Evercore ISI. Yet, how the artificial intelligence darling's stock will react...
Jobs

As Tesla layoffs continue, here are 600 jobs the company cut in California

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The cuts were reported in a Worker Adjustment and Retraining Notification, or WARN, Act filing that CNBC obtained through a public records request.Facing both...
Bussiness

GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped

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A GameStop location on 6th Avenue in New York on March 23, 2021.View Press | Corbis News | Getty ImagesGameStop shares tumbled 19.7% Friday...
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