Image: IBM IBM on Thursday unveiled what it said was the world’s first sub-1nm chip technology — a node it calls the 0.7nm, or 7-angstrom, generation — as tech companies race to build semiconductors that can handle increasingly demanding AI workloads. Shares of the Armonk, New York-based company rose over 6% in pre-market trading. They…
Broadcom CEO Hock Tan OpenAI has showed off the company’s first custom AI chip, which it designed with Broadcom, as it seeks to speed its development of its infrastructure. AI labs such as OpenAI and Anthropic are struggling to obtain enough computing horsepower to run the latest, most powerful chatbots and coding apps. Some, such…
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session. Shares of Micron rose 4.89% in premarket trading, and Sandisk…
An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea, Aug. 14, 2017. The won advanced for the first day in four as top U.S. national security officials sought to damp down talk of am imminent war with North Korea following days…
Signage at the Broadcom Inc. headquarters in San Jose, California, June 2, 2025. David Paul Morris | Bloomberg | Getty Images European stocks moved higher on Friday despite investors monitoring a global sell-off in chipmaking tech names. The pan-European Stoxx 600 index opened in negative territory before paring losses, and was last seen trading up…
Ali Song/Reuters Huawei Technologies said on Monday that its high-end chips will have transistor density equivalent to 1.4nm processes in five years, underscoring Beijing’s efforts to neutralise US sanctions that have made it hard for China to build advanced chips. Huawei did not provide independent performance data, but the target, unveiled at a semiconductor symposium…
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Microsoft is in talks to supply its custom artificial intelligence chips to Anthropic, CNBC confirmed on Thursday. A deal would represent a…
The AI rally continued this earnings season. But companies building the underlying hardware powering the boom warned that the Iran war is putting pressure on their supply chains and profitability. A spiraling conflict in the Middle East has seen oil prices skyrocket and supply chains crucial to the tech sector hamstrung. Shortages of key chipmaking…
Lululemon is showing its teeth. The Vancouver, British Columbia-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show. The letter, Lululemon’s first major public…
Following more than a year of intensive negotiations, Apple has reportedly reached a preliminary agreement with Intel to produce a portion of the silicon that powers its sprawling device ecosystem. According to The Wall Street Journal, this deal marks a significant turning point for both companies, though the exact scale of production remains undisclosed. Given…
