OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed.
NVIDIA asian news
Major global chip stocks rally on Micron's surge; ASML up 4%
Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price.
SK Hynix shares jump as company announces mass production of updated AI chip
SK Hynix shares surged more than 9% Thursday morning after the company said it has started mass production of a new version of its high-bandwidth memory chips and aims for delivery by year-end.
CNBC Daily Open: Time to look at AI-adjacent plays
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Dow futures are little changed after index breaks four-day winning run: Live updates
Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke a four-day win streak.
Surging AI demand could cause the world's next chip shortage, research says
A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to a report released Wednesday by consultancy Bain & Co.
Intel's wild week leaves Wall Street more uncertain than ever about chipmaker's future
It was quite a week for Intel.
Qualcomm recently approached Intel about a possible takeover
Qualcomm recently approached struggling chipmaker Intel about a takeover, CNBC has confirmed.