Micron stock rose 6% Friday as investors looked to buy AI chip supply chain stocks after Taiwan Semiconductor Manufacturing Company reported robust earnings on Thursday, signaling continued AI infrastructure spending. Shares of Micron, one of the makers of memory and storage for artificial intelligence systems, are up 52% over the last month, as memory is…
OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI on Friday announced it will begin testing ads within ChatGPT in the coming weeks, a highly anticipated decision that could kickstart a lucrative new revenue stream for…
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024. Peter Boer | Bloomberg | Getty Images Dutch semiconductor equipment company ASML has held gains to hit record highs, following Taiwanese chipmaker TSMC’s strong earnings report on Thursday. ASML — Europe’s most valuable company and the…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. This week isn’t even over yet, but I’m already gearing up for next week’s big events: the World Economic Forum in Davos, a major Supreme Court case and Netflix earnings. S&P 500 futures are higher this morning after yesterday’s winning…
A survey released Friday by corporate insurer Axis Capital shows there’s a growing divide across the C-suite on how executives view the risks, rewards and impact of cutting-edge AI technology. On one hand, artificial intelligence is rapidly improving cybersecurity defense technologies, but AI is also equipping cybercriminals with sophisticated tools and creating new risks….
A view of the TSMC Global R&D center in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week’s headlines still reflected larger global dynamics. Case in point: Taiwan’s $250 billion investment in chip production in the U.S., which is as much a…
Alphabet shares started 2025 with investors questioning whether Google could keep up with ChatGPT maker OpenAI in the AI race. By year’s end, the stock had notched its best performance since 2009. Google got its AI mojo back. Much of that was driven out of DeepMind, the British company Google acquired in 2014 for around…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were climbing on Thursday led by semiconductors and AI-related names. Taiwan Semiconductor rallied more than 5% after reporting strong fourth quarter results and forecasting higher…
China’s artificial intelligence models may be just “a matter of months” behind U.S. and Western capabilities, Demis Hassabis, the CEO of Google DeepMind told CNBC. The assessment from the head of one of the world’s leading AI labs and a key driver behind Google’s Gemini assistant, runs counter to views that have suggested China remains…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI sent a letter Thursday to investors and banking partners warning that it expects Elon Musk to make “deliberately outlandish, attention-grabbing…
