Super Micro Shares Fall After $7 Billion Financing Plan for AI Orders
Super Micro plans $7 billion in financing to fund component purchases after reporting $39 billion in recent AI server orders.
Super Micro plans $7 billion in financing to fund component purchases after reporting $39 billion in recent AI server orders.
CNBC reports OpenAI and U.S. officials discussed a possible government stake in the AI startup.
CNBC reports Chinese firms are recruiting more US-based AI talent while pursuing a next-generation AI super-app strategy.
CNBC reports Uber cut nearly a quarter of its people division as firms continue to automate workloads with AI.
CNBC says SoftBank's France commitment and Nvidia's PC expansion led AI-focused market headlines as June opened.
Dell shares jumped after AI server demand drove its fastest revenue growth since returning public in 2018.
CNBC examined whether Nvidia should shift investor policy as AI infrastructure demand turns it into a mature growth company.
CNBC live market coverage reports Lenovo shares climbed after AI-related revenue jumped in the fourth quarter.
Jeff Bezos used a CNBC interview to discuss AI, productivity gains, labor impacts, taxes, corporations, and U.S. politics.
CNBC reports uncertainty remains over US chip sales and rare earths after Trump's China visit, affecting the AI hardware race.
Cerebras closed its first trading day near a $100 billion market cap as investor demand for AI chips boosted the IPO wave.
CNBC reports memory chip makers are eyeing supercycle gains as AI demand helps drive a 30% weekly stock surge.
CNBC reports Nintendo is raising Switch 2 prices and expects weaker console sales as AI-driven memory demand squeezes supply.
CNBC reported a shift in AI chip investor enthusiasm as Intel, AMD, and Micron rose while Nvidia lagged.
CNBC says strong tech earnings and AI-linked growth have helped analysts view sector valuations as more attractive.
Coinbase plans to cut about 14% of its workforce, with management citing AI-driven operational changes among the reasons.
At Berkshire's annual meeting, Greg Abel emphasized continuity and a selective approach to using artificial intelligence.
The Pentagon's AI chief discussed expanded DOD use of Google Gemini following controversy over Anthropic access.