Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan June 1, 2026. Ann Wang | Reuters Qualcomm reported fiscal third-quarter earnings on Wednesday that were in line with analyst expectations, but it provided light guidance for current-quarter earnings on in-line revenue, blaming the ongoing supply crunch for computer parts, especially memory….
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. The Federal Reserve left interest rates unchanged on Wednesday afternoon after the conclusion of its July meeting . Unlike recent meetings when markets had a strong…
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 10% after the chip…
The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty Images SK Hynix on Wednesday posted another record quarterly profit, but missed analysts’ estimates. Here are SK Hynix’s second-quarter results compared with LSEG SmartEstimates, which are…
OpenAI CEO Sam Altman walks through the Hart Senate Office Building following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is in discussions with Nvidia about a backstop of up to $250 billion that would help fund its ambitious plans to lease a massive new artificial intelligence data center,…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean semiconductor shares tumbled on Tuesday, extending a rout in chipmakers after another weak session on Wall Street. SK Hynix plunged more than 10%, while Samsung Electronics fell over 8%….
CNBC’s Jim Cramer on Monday said the latest chapter of the artificial intelligence boom is reviving memories of the excesses that fueled the dot-com bubble. “I lived through 2000,” the “Mad Money” host said. “I don’t want the sequel.” On Sunday, the Wall Street Journal reported that Nvidia was discussing a $250 billion backstop for…
Apple passed Nvidia on Monday for the title of world’s most valuable company, with the iPhone maker topping the artificial intelligence chip firm at market close for the first time since April 2025. Shares of Nvidia fell 5% on Monday, giving the chipmaker a valuation of $4.77 trillion, as AI chip stocks in general declined…
My top 10 things to watch Monday, July 27 1. Futures are surging this morning , and oil prices are tumbling after the U.S. and Iran paused fighting over the weekend. Nasdaq is leading the way, up about 1.4%. WTI crude is down about 7% to under $84 a barrel, on pace for its biggest…
Nvidia and a host of tech giants on Monday launched a new AI safety initiative focused on open models, as the fallout from a cyber attack committed by a rogue OpenAI model continues. Last week, it emerged that the target of the attack, startup Hugging Face, was unable to use leading U.S. frontier models to…
