Cisco CEO Chuck Robbins told CNBC on Thursday that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a “networking supercycle.” Shares jumped 14% and headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler guidance orders for the fiscal year and lifted…
As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit businesses and individuals. Seksan Mongkhonkhamsao | Moment | Getty Images Palo Alto Networks tech chief Lee Klarich said companies are losing time to step up software defenses as hackers increasingly exploit…
Boonchai Wedmakawand | Moment | Getty Images Google’s Threat Intelligence Group said in a report on Monday that it thwarted an effort by hackers to use artificial intelligence models to “plan a mass vulnerability exploitation operation.” GTIG said it has “high confidence” that it recorded hackers using an AI model to find and exploit a zero-day…
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia. While the chipmaker — and the world’s most valuable company — continues to prosper and is expected to…
The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel shares soared more than 20% on Friday as investors cheered signs of renewed growth due to mounting artificial intelligence demand. The stock was up 22% as of early…
Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He…
A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia‘s new open-source artificial intelligence models designed to…
Coreweave CEO Mike Intrator backed up the company’s massive spending plans during an interview with CNBC’s “Squawk on the Street” on Friday as shares dropped post-earnings on profitability worries. Intrator told CNBC that Coreweave has willingly chosen to invest in more infrastructure and take a margin hit to meet the “once in a generation moment”…
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks CEO Nikesh Arora addressed the recent downdraft in software stocks, telling analysts in…
Palo Alto Networks beat Wall Street’s fiscal second-quarter estimates after the bell on Tuesday but shares fell 6% on disappointing guidance. Here’s how the company did versus LSEG estimates: Earnings per share: $1.03 per share excluding items vs. 94 cents expected Revenue: $2.59 billion vs. $2.58 billion expected The cybersecurity company forecasted lackluster earnings for…
