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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer ...
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Trump's Nvidia and Intel meddling is a 'scattershot method of crony capitalism': Walter Isaacson
The White House is pushing for a stake in embattled chipmaker Intel after making deals with Nvidia and AMD to sell chips to China for a 15% cut.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...
The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
But Nvidia is well ahead in the AI game, already evolving to a more sophisticated H200 and the new Blackwell platform later this year. AMD and Intel may have plenty of catching up to do.
AMD and Intel are winning share at the margins but can't break Nvidia's CUDA ecosystem and supply chain advantages by 2028.
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