Nvidia CEO Jensen Huang has admitted to having an affair with a woman accused of operating as a spy for China. President Trump told reporters Monday that Huang said he had no idea about the accusations. Henry Chandonnet, a senior reporter for Business Insider, joins “The Daily Report” to discuss.
A U.S.-based blockchain intelligence firm said a North Korean cyber unit was likely behind an attack that stole $6.3 billion from Binance, the world’s biggest cryptocurrency exchange. Binance said on Friday that deposits were unaffected, while withdrawals were suspended and are expected to resume in the next day or two. The company, which worked with blockchain…
Dado Ruvic/Reuters Intel’s shares plunged 25% in pre-market trading on Friday after the chip maker warned that it would burn cash this year. It cited a faltering PC market, manufacturing bottlenecks and heavy spending on expanding production. Like many other big tech companies, Intel has been pouring money into manufacturing. But supply disruptions have limited…
Acer has expanded its desktop portfolio with two compact, AI-focused PCs designed for agentic workloads: the Acer SFF RTX Spark and the Acer Veriton RI110 AI Mini Workstation. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: GTA VI leaks! The Acer SFF RTX Spark is a small-form-factor desktop purpose-built to execute local AI agents using…
Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 5.2% in after-hours trade and helping prompt the company to boost spending plans over the next two years as an AI data centre buildout increases demand for its CPUs. Intel expects third-quarter revenue between US$15.8-billion…
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock rose about 4% in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates Earnings per share: 42 cents, adjusted, versus 21 cents expected Revenue: $16.1 billion, versus…
WASHINGTON — President Donald Trump’s nominee for director of national intelligence, Jay Clayton, is likely to get a friendly reception from lawmakers Wednesday at his confirmation hearing as both parties are eager for him to take over from the current acting intelligence chief. Subscribe to read this story ad-free Get unlimited access to ad-free articles…
Intel is refusing to concede the handheld gaming sector, launching a aggressive counteroffensive despite the market disruption caused by yesterday’s Valve Steam Deck price hike. At Computex today, the silicon giant unveiled its brand-new Arc G-Series processor family, a specialized line of hardware engineered explicitly for portable gaming devices and built on the foundation of…
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…
For the first time in its history, Intel’s share price has crossed the US$100 mark. The stock closed on Friday at $99.61, giving the US chip maker a market capitalisation of $501-billion. For the better part of a decade, Intel had forgotten how to make good silicon. Its share price languished as a result. The…
