CHINA – 2026/09/25: In this photo illustration, the TSMC logo is seen displayed on a tablet screen. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images The world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Co posted revenue of $511.86 billion New Taiwan dollars ($16.03 billion) for September, up…
SpaceX founder Elon Musk has accused vested interests of blocking the launch of his company’s satellite internet service, Starlink, to protect their hold over consumers, calling it “a crime against the people of India” The country’s telecom and internet service market is dominated by billionaire Mukesh Ambani’s Jio and Sunil Mittal’s Airtel, with both companies…
CNBC’s Jim Cramer said Wednesday that rising borrowing costs are dividing the stock market into two camps: companies constrained by the bond market and artificial intelligence businesses that seem largely insulated from higher rates. The “Mad Money” host said Wednesday’s 10-year Treasury note auction reminded him of his hedge fund days, when investors waited for…
The Samsung logo represents the global technology leader and South Korean company Samsung Electronics, known for its Exynos and Snapdragon-powered mobile ecosystems, AMOLED display innovation, and the integration of Galaxy AI across its high-end device lineup. It is displayed on a large-scale illuminated sign during the Mobile World Congress (MWC) in Barcelona, Spain, on March…
Anthropic CEO Dario Amodei speaks during the keynote address at Salesforce’s Dreamforce conference at the Moscone Center on Sept. 15, 2026 in San Francisco, California. Benjamin Fanjoy | Getty Images As Anthropic barrels toward a potential $2 trillion market cap on the Nasdaq, one research firm is valuing the artificial intelligence company at a mere…
President Donald Trump is awarding medals to a number of leading tech executives, including Elon Musk and Michael Dell, at a science summit on Thursday, CNBC has confirmed. Musk, who leads SpaceX and Tesla, is receiving the National Medal of Science, as are Google co-founder Sergey Brin, Nvidia CEO Jensen Huang and Advanced Micro Devices…
A Starlink satellite is deployed from SpaceX Starship on Sept. 28th, 2026. Source: SpaceX The Federal Communications Commission said Wednesday it will vote on a proposal to auction 25 megahertz of “prime spectrum” to support “direct-to-device” services from satellites to smart phones. The FCC, in a press release, also said it would vote Oct. 29…
Microsoft said its new laptop containing an Nvidia AI chip will start at $2,599, as the software maker tries to bring more artificial intelligence capabilities to its consumer devices. The Surface Laptop Ultra is now available on preorder and will begin shipping on Oct. 16, Pavan Davuluri, Microsoft’s executive vice president of Windows and devices,…
Apollo Capital Management and several banks are in discussions with SpaceX to help facilitate the company’s purchase of $40 billion worth of Nvidia graphics processing units, according to a person familiar with the talks who asked not to be named to discuss the matter. The deal will primarily rely on the investment-grade debt market, which…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Even the Television Academy is cutting the cord. Starting next year, the Emmy Awards will stream on Amazon Prime Video under a six-year exclusive deal announced yesterday. Stock futures are pulling back this morning after the S&P 500 closed at…