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Technology

Technology

CNBC Daily Open: It’s a boom, it’s a bubble, it’s still not enough for investors: It’s AI

OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference...

by admin October 29, 2025
CNBC Daily Open: It's a boom, it's a bubble, it's still not enough for investors: It's AI
Technology

Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand

A visitor looks at a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24,...

by admin October 28, 2025
Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand
Technology

Celestica CEO explains the company’s role in the AI boom

Celestica CEO Rob Mionis explained how his company designs and manufactures infrastructure that enables artificial intelligence in a Tuesday interview with CNBC’s Jim Cramer....

by admin October 28, 2025
Celestica CEO explains the company's role in the AI boom
Technology

Wikipedia founder Jimmy Wales isn’t worried about Elon Musk’s Grokipedia: ‘Not optimistic he will create anything very useful right now’

Elon Musk‘s Wikipedia rival Grokipedia got off to a “rocky start” in its public debut, but Wikipedia founder Jimmy Wales didn’t even have to...

by admin October 28, 2025
Wikipedia founder Jimmy Wales isn't worried about Elon Musk's Grokipedia:  'Not optimistic he will create anything very useful right now'
Technology

Chegg slashes 45% of workforce, blames ‘new realities of AI’

Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Chegg said on Monday it would lay off about 45% of its workforce, or 388 employees,...

by admin October 28, 2025
Chegg slashes 45% of workforce, blames 'new realities of AI'
Technology

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday,...

by admin October 27, 2025
OpenAI says U.S. needs more power to stay ahead of China in AI: 'Electrons are the new oil'
Technology

Amazon to announce largest layoffs in company history, source says

David Ryder | Getty Images News | Getty Images Amazon is preparing to announce sweeping job cuts beginning Tuesday, CNBC has learned. The layoffs...

by admin October 27, 2025
Amazon to announce largest layoffs in company history, source says
Technology

iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled

Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store in Larkspur, California, on Aug. 5,...

by admin October 27, 2025
iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled
Technology

Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name

Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler...

by admin October 25, 2025
Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Technology

AI spending is boosting the economy, but many businesses are in survival mode

Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away....

by admin October 25, 2025
AI spending is boosting the economy, but many businesses are in survival mode
Technology

More demand than supply gives companies an edge, Jim Cramer says

“Supply constrained,” are the two of the most important words CNBC’s Jim Cramer said he’s heard so far during earnings season and explained why...

by admin October 24, 2025
More demand than supply gives companies an edge, Jim Cramer says
Technology

3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise

Intel snapped a losing streak of six straight quarterly losses and returned to profitability in the third quarter. In its first earnings report since...

by admin October 24, 2025
3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise
Technology

What Cramer expects from 10 stocks reporting earnings next week; calls two buys

Earnings season next week goes into overdrive as more than 150 companies in the S & P 500 report their quarterly results. Most of...

by admin October 24, 2025
What Cramer expects from 10 stocks reporting earnings next week; calls two buys
Technology

OpenAI’s new Sora 2 video generation app went viral. Is it a real threat to Meta?

Meta is facing new pressure from OpenAI, the juggernaut behind ChatGPT, which is now making waves in short-form video with its viral hit, Sora...

by admin October 24, 2025
OpenAI's new Sora 2 video generation app went viral. Is it a real threat to Meta?
Technology

CNBC Daily Open: U.S.’ 4-year economic plan, with a Trump twist?

U.S. President Donald Trump gestures during an announcement regarding his administration’s policies against cartels and human trafficking, from the State Dining Room at the...

by admin October 24, 2025
CNBC Daily Open: U.S.' 4-year economic plan, with a Trump twist?
Technology

Applied Materials lays off 4% of workforce

Signage outside Applied Materials headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Chip...

by admin October 23, 2025
Applied Materials lays off 4% of workforce
Technology

Microsoft AI chief says company won’t build chatbots for erotica

Mustafa Suleyman CEO and co-founder of Inflection AI speaks during the Axios BFD event in New York City, U.S., October 12, 2023.  Brendan Mcdermid...

by admin October 23, 2025
Microsoft AI chief says company won’t build chatbots for erotica
Technology

Apple begins shipping American-made AI servers from Texas

Workers at a factory in Houston, Texas build servers for Apple. Apple Apple has started shipping advanced servers for artificial intelligence applications out of...

by admin October 23, 2025
Apple begins shipping American-made AI servers from Texas
Technology

CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth

Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There...

by admin October 23, 2025
CNBC Daily Open: Tesla's increased costs outweighed its revenue growth
Technology

Elon Musk says Tesla ‘not about to replace Nvidia’ as EV maker develops chips for cars, robots

Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30,...

by admin October 23, 2025
Elon Musk says Tesla 'not about to replace Nvidia' as EV maker develops chips for cars, robots
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