Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s “Japan AI Ecosystem” reception in Tokyo, Japan, on Thursday, July 16, 2026. Kiyoshi Ota | Bloomberg | Getty Images Nvidia plans to hike prices for some of its largest customers, Bloomberg News reported Saturday. The chipmaker is set…
Judge Yvonne Gonzalez Rogers, district judge of the US District Court for the Northern District of California, attends a panel discussion at the annual American Bar Association (ABA) Antitrust Spring Meeting in Washington, DC, on April 2, 2025. Drew Angerer | Afp | Getty Images It’s been a crazy four months for Yvonne Gonzalez Rogers….
Broadcom is in talks to raise upwards of $70 billion to $80 billion in debt for a chip financing deal aimed at supporting artificial intelligence companies including Anthropic, CNBC’s David Faber confirmed Thursday morning. The senior tranche of financing, which would get paid back first, is expected to be around $45 billion, and the junior…
Dario Amodei, co-founder and chief executive officer of Anthropic, during an interview at Anthropic’s headquarters in San Francisco, California, US, on Thursday, April 30, 2026. Jason Henry | Bloomberg | Getty Images Anthropic is poised to hit the public market at a time when an increasing number of Americans are worried about artificial intelligence and…
Exterior view of the Tesla Gigafactory during a government-organised media trip in Shanghai, China, April 14, 2026. Go Nakamura | Reuters Tesla is voluntarily recalling about 3 million vehicles in China to address two separate safety issues, the latest setback for the company as it tries to remain a major player in the world’s largest…
Conceptual Portrait of Smartphone Addiction and Endless Scrolling. Marco_piunti | E+ | Getty Images This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Meta says it faces a trillion-dollar penalty and damage to its advertising model. But the trial could go well beyond one company. It could…
The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 30, 2026. South Korean technology giant Samsung Electronics posted on July 30, a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. (Photo by Jung Yeon-je / AFP via…
Dave Petso has been a wealth manager in Boise, Idaho since the 1980s. His business has survived multiple recessions, the bursting of the dot-com bubble and the 2008 financial crisis. For most of Petso’s 45-year career, Micron, the hometown maker of computer memory, has been a boring enterprise tech company and, in his words, a…
China’s Alibaba posted stronger growth in its key cloud division in the June quarter, as rising demand for its AI products boosted results. That came even as net income dropped 75% year-on-year to 10.4 billion Chinese yuan due to a rise in spending on cloud infrastructure. U.S. listed shares fell 4% in premarket trading. This…
Sarah Friar, CFO of OpenAI, appears on CNBC’s Squawk Box on Aug. 20, 2025. CNBC OpenAI CFO Sarah Friar told employees during an all-hands meeting on Wednesday that the artificial intelligence lab “will be a public company in 2027,” but that it could make its public market debut sooner if “our business continues to inflect.”…
