A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday following a four-day losing streak for the S&P 500 as tech names dragged…
SoftBank will invest $2 billion into Intel, chipmaker’s shares rise Japanese conglomerate SoftBank will invest $2 billion into Intel, according to an announcement from the two companies. SoftBank will pay $23 per share of Intel’s common stock. The chipmaker’s shares…
Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan May 19, 2025. Ann Wang | Reuters President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he…
WASHINGTON (AP) — President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age. “We’ll be putting a…
Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday,…
Traders work on the floor at the New York Stock Exchange on April 24, 2025. Brendan McDermid | Reuters The S&P 500 rose on Friday, adding to its strong gains for the week, as investors continue to navigate an evolving…
A trader works on the floor of the New York Stock Exchange during afternoon trading on April 9, 2025 in New York. Angela Weiss | AFP | Getty Images Stocks popped Thursday thanks to strong gains in megacap tech names,…
Even as he grows older, Microsoft founder Bill Gates still fondly remembers the catalytic computer code he wrote 50 years ago that opened up a new frontier in technology. Although the code that Gates printed out on a teletype machine…