Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But more categories of AI chips are gaining ground. Custom ASICs, or application-specific integrated circuits, are now being designed by all the major hyperscalers, from Google’s TPU to Amazon’s Trainium and OpenAI’s plans with Broadcom. These…
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: Stocks were staging a comeback following a nasty selloff on Tuesday. But the rally has not been concentrated in AI-related names. It has developed as…
Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so far dominated the market for AI semiconductors. The AI chips are a shift from Qualcomm, which has thus far focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Qualcomm said that…
Samsung Galaxy XR Headset Courtesy: Samsung It’s been more than 17 years since the modern smartphone era began with the launch of the iPhone, and tech companies have been obsessed with trying to disrupt it ever since. The most common approach is mixed reality XR headsets: computerized goggles that put all of your apps and…
A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. Costfoto | Nurphoto | Getty Images China’s export climbed at the fastest pace in six months in September, while imports logged their strongest gain in more than a year, even as a trade deal…
A concept car shows off Qualcomm’s auto technology. The car was on display at the Qualcomm booth at the IAA Mobility show in Munich on September 9, 2025. Arjun Kharpal | CNBC Qualcomm’s self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of…
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Arm Holdings shares dipped as much as 9% in after-hours trading on the company’s first-quarter earnings results Wednesday….
