In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and…
Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…
Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is “tremendous,” the production of artificial intelligence data centers will eventually top out. “I’m sure at some point there’ll be too many of these things built, but we don’t see any signs of that,” Dell said on “Closing Bell: Overtime.” The hardware…
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. Markets: Wall Street lost some steam in afternoon trading Friday, as AI trade bellwether Nvidia gave up earlier gains and turned negative. Tesla , another momentum…
My top 10 things to watch Tuesday, Sept. 30 1. Wall Street was heading for a slightly lower open as the prospect of a government shutdown loomed. House Speaker Mike Johnson told CNBC that Democrats should “do the right thing” and pass a clean stopgap funding measure. Federal funding runs out today, risking a shutdown…
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman is everywhere. His artificial intelligence startup, now valued at $500 billion, has been inking deals valued in the tens to hundreds of billions of dollars…
If I hear one more hedge fund oligarch on television tell me that the data center buildout/artificial intelligence story is just like the dot-com bubble, I am going to tear someone else’s hair out because I don’t have enough to demonstrate my full frustration. Many of the people opining and whining about how this moment could…
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia this week said it’ll invest $100 billion into OpenAI in a deal that highlights just how big the chipmaker’s investment portfolio has…
CNBC’s Jim Cramer on Thursday suggested the current economy is divided into two parts — a strong segment spurred on by the artificial intelligence boom and a weaker consumer portion that needs a boost from interest rate cuts. “The writing is on the wall for a big chunk of the economy if we don’t get…
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of dollars into the coffers of the artificial intelligence startup to use as it sees fit. But…
