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Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...
Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a ...
Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their performance. The S&P 500 ended the session 0.6% lower, while the tech-heavy Nasdaq dropped 1.5%. The Dow held onto ...
In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...
The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on ...
The Trump administration has also been in talks that would see the U.S. acquire a 10% stake in Intel, Bloomberg reported on Monday. On Tuesday, Commerce Secretary Howard Lutnick said on CNBC that ...
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
Live Updates Live Coverage Updates appear automatically as they are published. Tuesday Wrap-up 4:12 pm The Vanguard S&P 500 ...
Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...
U.S. stocks dipped on Tuesday as investors gear up for what Federal Reserve chair Jerome Powell will say about the path of ...