When Nvidia this week said it would take a $2 billion stake in chip design company Synopsys, it was just the latest in a string of massive investments announced by the chipmaker this year. Nvidia has also said it would take a $1 billion stake in Nokia, invest $5 billion in Intel and $10 billion…
In this year’s flurry of massive artificial intelligence deals – for which a couple of billion dollars is pocket change – Nvidia ‘s announcement on Monday of a $2 billion investment to expand its long-time partnership with Synopsys might seem just incremental. Not so, asserted Nvidia CEO Jensen Huang, in an interview with Jim Cramer…
Nvidia CEO Jensen Huang speaks at an event ahead of the COMPUTEX forum, in Taipei, Taiwan, June 2, 2024. Ann Wang | Reuters Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear…
OpenAI DevDay Ashley Capoot | CNBC Virtually every successful tech startup throughout history has faced the reality that it could get swallowed up or run over by a large incumbent at any moment. It’s part of daily life for an entrepreneur. But the company at the center of the current boom is a different kind…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments in a special annual meeting edition. 1. The S & P 500 was lower Friday amid escalating tariff concerns. President Donald Trump announced a 35% tariff on some Canadian goods…
My top 10 things to watch Thursday, July 3 1. Wall Street is set for a higher open after better-than-expected June job creation. The S & P 500 closed at another record high yesterday as President Donald Trump announced a Vietnam trade deal. Investors are also watching House voting on the Trump-backed megabill of spending…
A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images If I had to choose between having a job and paying less for Nike shoes, you’d see me running barefoot to the office. Wednesday’s market moves, however, suggested that Wall Street preferred the cheaper shoes. The U.S….
Synopsys logo is seen displayed on a smartphone with the flag of China in the background. Sopa Images | Lightrocket | Getty Images The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced Thursday. “Synopsys is working to restore access to the recently restricted products in China,” it…
