Jeff Bezos attends the Viva Technology show at Parc des Expositions on June 17, 2026 in Paris, France. Chesnot | Getty Images Entertainment | Getty Images Jeff Bezos‘ Blue Origin is raising about $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC’s Andrew Ross…
Security officers keep watch in front of an AI (Artificial Intelligence) sign at the annual Huawei Connect event in Shanghai, China, September 18, 2019. Aly Song | Reuters BEIJING — China on Wednesday warned of “back-door” security risks affecting companies that use U.S.-based company Anthropic’s Claude Code artificial intelligence tool. It comes as the U.S.-China…
Apple said it’s expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker’s largest U.S. manufacturing commitment to date. The agreement, announced by Apple on Wednesday, will lead to the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom’s…
Nurphoto | Nurphoto | Getty Images The U.S. Department of Commerce has cleared the way for OpenAI to proceed with a broad release of its advanced GPT-5.6 model, Axios reported, citing a source familiar with the matter. OpenAI anticipates the rollout to happen as early as this week, following additional testing and meetings between the…
An AI chip startup has raised $1 billion in financing as investors continue to pour money into companies looking to challenge Nvidia. SambaNova is now valued at $11 billion thanks to the financing, which was led by General Atlantic along with participation from Seligman Ventures, T. Rowe Price and Capital Group. The latest round of…
Visitors wear smart glasses during the sixth China International Consumer Products Expo CICPE in Haikou, south China’s Hainan Province, April 13, 2026. Zhang Liyun | Xinhua News Agency | Getty Images Startups building consumer electronics will have a better shot at becoming the next Apple in Shenzhen than in Silicon Valley, said Will Wang, CEO…
Rebellions is targeting an initial public offering in South Korea in the first or second quarter of next year, the CEO told CNBC exclusively, as it looks to capitalize on massive investor interest in AI chips. Sunghyun Park, CEO of Rebellions, told CNBC that the company is leaning toward a listing on the KOSPI over…
CANADA – 2026/05/23: In this photo illustration, the CXMT (ChangXin Memory Technologies) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Apple has begun testing DRAM chips from China’s state-backed ChangXin Memory Technologies for devices sold within China and is…
CNBC’s Jim Cramer said Tuesday felt like a vintage day on Wall Street after Samsung’s earnings sent chip stocks tumbling and megacaps that have lagged for much of the year rebounded. “Today it looked like the old days, when we realized that you needed an Nvidia chip to calculate things … When the stocks of…
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 Tuesday’s key moments. 1. Stocks are moving lower on Tuesday, led down by technology and momentum stocks. The S & P 500 and Nasdaq fell 0.70% and 1.5%, respectively. Semiconductor and memory names,…