The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty […]
Texas Instruments (TXN) stock falls on weak forecast
The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments reported second-quarter results on Tuesday that beat analysts’ expectations for revenue and earnings. But the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG […]
Nvidia’s China return buys time for Beijing to boost its chip drive
As semiconductors have become a geopolitical hot potato over the past few years, it’s no surprise that Nvidia , the leader in artificial intelligence-related chips, has been caught up in escalating tensions between the U.S. and China. When Nvidia returned to the China market last week , seemingly with the blessing of Washington, it sparked […]
Nvidia CEO Jensen Huang sells shares
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. Friday’s sale is part […]
Astronomer CEO Andy Byron resigns after viral ‘kiss cam’ controversy
Chris Martin of Coldplay performs at the O2 Shepherd’s Bush Empire on October 12, 2021 in London, England. Simone Joyner | Getty Images Entertainment | Getty Images Astronomer announced on Saturday that CEO Andy Byron has resigned days after being caught on video in an intimate moment with the company’s head of human resources at […]
Microsoft stops relying on China engineers for Pentagon cloud support
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support […]
Amazon Web Services has some layoffs
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon is laying off some staffers in its cloud computing division, the company confirmed Thursday. “After a thorough review of our organization, our priorities, and what we […]
Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading
Dominika Zarzycka | Nurphoto | Getty Images Coinbase unveiled Wednesday an “everything app” designed to bring more people into the crypto economy. The “Base App,” which replaces Coinbase Wallet, will combine wallet, trading and payment functions as well as social media, messaging and support for mini apps – all running on the company’s homegrown public […]
Whoop says FDA is ‘overstepping’ with blood pressure feature warning
The logo for the Food and Drug Administration is seen ahead of a news conference on removing synthetic dyes from America’s food supply, at the Health and Human Services Headquarters in Washington, DC on April 22, 2025. Nathan Posner | Anadolu | Getty Images The U.S. Food and Drug Administration on Tuesday published a warning […]
Trade Desk stock jumps as ad-tech company replaces Ansys in S&P 500
Jeff Green, Founder, CEO, and Chairman, The Trade Desk and Andrew Wallenstein, Variety Intelligence Platform, President and Chief Media Analyst speak onstage at “Advertising’s New Normal: Unifying Streaming and Identity in 2023” during the Variety Entertainment Summit at CES at the Aria Resort & Casino on January 06, 2023 in Las Vegas, Nevada. Greg Doherty […]