OpenAI efficiency gains hammer chip stocks; SOX slides 5%
Investing.com — Chip stocks were hit hard Wednesday following a report from The Information that OpenAI engineers have…
CNBC Daily Open: AI demand fuels investors’ portfolios while oil posts biggest monthly decline
An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April…
White House AI crackdown opens door Chinese model makers to close gap
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India,…
ByteDance targets CPU mass production in H2 2027 to power AI push
Investing.com — ByteDance is racing to finalize the design of a next-generation in-house CPU by early 2027 at…
Alphabet burnishes one of its best weapons in the battle for AI supremacy
Alphabet has squashed concerns that artificial intelligence will destroy its Google tech empire. One of its biggest weapons…
OpenAI and Broadcom reveal Jalapeno, first AI chip in partnership
Jakub Porzycki | Nurphoto | Getty Images OpenAI and Broadcom on Wednesday unveiled their debut custom chip, called…
The AI trade could shift back in Nvidia’s favor. Here’s why
Infrastructure has been a huge part of the artificial intelligence rollout, with companies building data centers, networking hubs…
China Preps $295 Billion Plan to Fund Nationwide AI Buildout
(Bloomberg) — China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years…
U.S. takes step to halt Nvidia AI chip shipments to Chinese firms outside China
Nvidia showed CNBC its latest Vera Rubin superchip at its Santa Clara, California, headquarters on Feb. 13, 2026.…
Stock market news for May 12, 2026
Traders work at the New York Stock Exchange on May 7, 2026. NYSE The S&P 500 slipped on…
Advanced Micro Devices (AMD) Doesn’t Need to Beat Nvidia (NVDA) To Be a Winner – Cathie Wood’s Top AI Chip Stock
We just covered Cathie Wood’s 11 Biggest AI and Data Center Stock Picks. Advanced Micro Devices Inc (NASDAQ:AMD)…
Wall Street AI chip love moves from Nvidia to Intel, AMD and Micron
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT…