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Search resuls for: "CNBC's Kristina Partsinevelos"


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Cisco climbs after hours following revenue and earnings beat
  + stars: | 2024-05-15 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCisco climbs after hours following revenue and earnings beatCNBC's Kristina Partsinevelos joins 'Fast Money' with the latest from the Cisco earnings call.
Persons: CNBC's Kristina Partsinevelos Organizations: Cisco
AMD earnings: Here's what to expect
  + stars: | 2024-04-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD earnings: Here's what to expectCNBC's Kristina Partsinevelos joins 'Halftime Report' to discuss the latest news ahead of AMD's 1st quarter results after tonight's bell.
Persons: CNBC's Kristina Partsinevelos Locations: AMD's
ASML shares fall on Q1 sales miss
  + stars: | 2024-04-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailASML shares fall on Q1 sales missCNBC's Kristina Partsinevelos reports on the latest from ASML post-earnings.
Persons: Kristina Partsinevelos
Biden scraps chips R&D funding
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden scraps chips R&D fundingCNBC's Kristina Partsinevelos reports on news from the Chips Act.
Persons: Kristina Partsinevelos
Big tech's focuse on in-house chips
  + stars: | 2024-03-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig tech's focuse on in-house chipsCNBC's Kristina Partsinevelos joins 'Closing Bell: Overtime' to report on big tech's partnership with chipmakers as the AI race continues.
Persons: Kristina Partsinevelos, chipmakers
Nvidia unveils new Blackwell platform
  + stars: | 2024-03-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia unveils new Blackwell platformCNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with the latest from Nvidia's annual conference and newest GPU.
Persons: CNBC's Kristina Partsinevelos Organizations: Nvidia, Blackwell
Pentagon reportedly scraps Intel grant
  + stars: | 2024-03-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPentagon reportedly scraps Intel grantCNBC's Kristina Partsinevelos joins 'The Exchange' to discuss Intel following the news report that the Pentagon has scrapped the plan to give $2.5 billion to the company.
Persons: Kristina Partsinevelos Organizations: Intel, Pentagon
Nvidia closes above $2 trillion market cap
  + stars: | 2024-03-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia closes above $2 trillion market capCNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with breaking news that Nvidia closes above a $2 trillion market cap for the first time.
Persons: Kristina Partsinevelos Organizations: Nvidia
Nvidia posts Q4 beat on revenue and earnings
  + stars: | 2024-02-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia posts Q4 beat on revenue and earningsCNBC's Kristina Partsinevelos along with D.A. Davidsons' Gil Luria and Patrick Moorhead, Moor Insights and Strategy, join 'Closing Bell Overtime' to talk Nvidia Q4 results.
Persons: CNBC's Kristina Partsinevelos, Davidsons, Gil Luria, Patrick Moorhead Organizations: Moor, Nvidia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI in the data center will continue to grow, says Wedbush's Matt BrysonMatt Bryson, senior vice president at Wedbush Securities, and CNBC's Kristina Partsinevelos join 'Power Lunch' to discuss under-the-radar chip stocks, how AI will impact the sector, and more.
Persons: Matt Bryson Matt Bryson, CNBC's Kristina Partsinevelos Organizations: Wedbush Securities
Net income, at $3.29 billion, or $3.55 per share, increased from $2.71 billion, or $2.96 per share, in the year-ago quarter. The company confronted "a very challenging, uncertain, volatile macroeconomic environment," Chief Financial Officer James Kavanaugh said in an interview with CNBC. Free cash flow for the year totaled $11.2 billion, more than the $10.5 billion that management had called for. IBM said software revenue came to $7.51 billion, up 3% but less than the $7.67 billion consensus among analysts surveyed by StreetAccount. Consulting revenue, at $5.05 billion, grew about 6% and ended up less than the $5.12 StreetAccount consensus.
Persons: Arvind Krishna, James Kavanaugh, — CNBC's Kristina Partsinevelos Organizations: IBM, LSEG, CNBC, StreetAccount, Consulting, IBM's, Software AG Locations: New Delhi
Nvidia hits record high
  + stars: | 2024-01-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia hits record highCNBC's Kristina Partsinevelos joins 'Halftime Report' to discuss the latest news from Chip stocks like AMD and Nvidia. The Investment Committee debates what to do with the names and the sectors.
Persons: Kristina Partsinevelos Organizations: AMD, Nvidia
Nvidia earnings on deck: What investors need to know
  + stars: | 2023-11-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia earnings on deck: What investors need to knowJosh Brown, Stephanie Link, Amy Raskin, Jim Lebenthal, and CNBC's Kristina Partsinevelos join 'Halftime Report' to discuss Nvidia's upcoming earnings results, the tech trade more generally, and more.
Persons: Josh Brown, Stephanie Link, Amy Raskin, Jim Lebenthal, CNBC's Kristina Partsinevelos
U.S. companies continue selling chips to China despite curbs
  + stars: | 2023-11-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. companies continue selling chips to China despite curbsCNBC's Kristina Partsinevelos reports on news from U.S. trade restrictions to China.
Persons: Kristina Partsinevelos Organizations: U.S Locations: China, U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia notches tenth straight day of gains, driven by new AI chip announcementCNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' to talk Nvidia's hot streak as shares of the chip maker notch a record winning streak.
Persons: Kristina Partsinevelos
Intel shares surge on earnings beat and strong revenue guidance
  + stars: | 2023-10-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel shares surge on earnings beat and strong revenue guidanceIntel stock is surging higher on Friday after the company beat Wall Street expectations for profit and sales. CNBC's Kristina Partsinevelos has the details.
Persons: CNBC's Kristina Partsinevelos Organizations: Intel
IBM shares rose about 1% in extended trading Wednesday after the technology conglomerate announced third-quarter results that exceeded Wall Street estimates. The company's Software unit produced $6.27 billion in revenue. IBM's Consulting division generated $4.96 billion in revenue, up around 6% but lower than StreetAccount's consensus of $5.11 billion. "We still are executing extremely well from my point of view in consulting," Jim Kavanaugh, IBM's finance chief, told CNBC's Kristina Partsinevelos in an interview. During the quarter IBM released Granite generative artificial-intelligence models for composing and summarizing text.
Persons: Arvind Krishna, IBM's, Jim Kavanaugh, CNBC's Kristina Partsinevelos, Kavanaugh Organizations: IBM, Wall, LSEG, StreetAccount, IBM's Consulting, Accenture, Infrastructure, Vista Equity Partners Locations: New York
Lenovo expands AI partnership with Nvidia
  + stars: | 2023-10-25 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLenovo expands AI partnership with NvidiaCNBC's Kristina Partsinevelos reports on Lenovo's expanded partnership with Nvidia to further integrate generative AI in its products.
Persons: Nvidia CNBC's Kristina Partsinevelos Organizations: Lenovo, Nvidia
Qualcomm announces two new AI chips for PCs and smartphones
  + stars: | 2023-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm announces two new AI chips for PCs and smartphonesCNBC's Kristina Partsinevelos joins 'Closing Bell' with breaking news about Qualcomm announcing two new chips for android phones and laptops that enables AI without the need for internet.
Persons: Kristina Partsinevelos Organizations: Qualcomm
Costco CEO Craig Jelinek stepping down in 2024
  + stars: | 2023-10-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco CEO Craig Jelinek stepping down in 2024CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with news that Costco's CEO will step down in January 2024.
Persons: Craig Jelinek, CNBC's Kristina Partsinevelos
The U.S. government plans to restrict the sale of advanced AI chips to China in the coming weeks, the Commerce Department announced Tuesday. KeyBanc Capital Markets said Tuesday that the new restrictions are a negative for Nvidia, arguing "it will ultimately be difficult to backfill China demand." The A800 and H800 are modified versions of Nvidia's cutting-edge AI chips used in data centers, known as the A100 and the more recent H100. To comply with the new rules, Nvidia created the A800 and H800 chips, which had slower data-transfer speeds and therefore didn't violate the export controls. The latest export controls, which U.S. officials said will go into effect in 30 days, again threaten those sales.
Persons: Biden, chipmaker –, Jeff Marks, Marks, — CNBC's Kristina Partsinevelos, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nvidia, Commerce Department, KeyBanc, Markets, Microsoft, Oracle, U.S, supercomputing, Intel, Devices, CNBC, NVIDIA Locations: China, U.S, Santa Clara , California
The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in the coming weeks. Those earlier restrictions banned the sale of the Nvidia H100, which is the processor of choice for AI firms in the U.S. such as OpenAI. The new rules will ban those chips as well, senior administration officials said in a briefing with reporters. Other rules will likely hamper the sale and export to China of semiconductor manufacturing equipment from companies such as Applied Materials , Lam and KLA. Companies that want to export AI chips to China or other embargoed regions will have to notify the U.S. government.
Persons: Gina Raimondo, They're, Raimondo, " Raimondo, — CNBC's Kristina Partsinevelos Organizations: Nvidia, U.S . Department of Commerce, Broadcom, Marvell, AMD, Intel, KLA, U.S, CNBC, . Commerce, ., Commerce Department Locations: Santa Clara , California, China, U.S, Macao, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. curbs export of more A.I. chips to China: The companies that could be impactedCNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the latest news.
Persons: Kristina Partsinevelos Locations: China
The CNBC Make It: Your Money virtual event is scheduled for Oct. 17, 2023 — watch it live as successful entrepreneurs and investors offer actionable advice about building your career and increasing your earning power. , self-made millionaire, "Shark Tank" guest judge and co-founder of RSE Ventures, a private firm that invests in companies in a variety of industries, including sports and entertainment. Lastly, CNBC's Frank Holland interviews Douglas Boneparth, founder and president of Bone Fide Wealth and co-author of "The Millennial Money Fix." To register for the event, click on the "RSVP here" box at the top of CNBC Make It: Your Money livestream page. Disclosure: CNBC owns the exclusive off-network cable rights to ABC's "Shark Tank."
Persons: CNBC's Kristina Partsinevelos, Matt Higgins, Jenny Nguyen, Ashton Jackson, Erin McGoff, CNBC's Frank Holland, Douglas Boneparth, Edward Jones Organizations: CNBC, YouTube, RSE Ventures, Bone Locations: Portland , Oregon
We started buying semiconductor giant Broadcom (AVGO) last month and added to our position a few times since it reported fiscal third-quarter results Aug. 31. Indeed, the Thursday morning sell-off in Broadcom, which was down 4.3% at its intraday lows, is an overreaction. While Broadcom's AI revenue is growth is growing incredibly fast, the rest of its semiconductor business is stabilizing after working through its post-Covid inventory gluts. In fact, with the additional of VMware, Broadcom's companywide revenues will be about half semiconductor and half software. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: CNBC's Kristina Partsinevelos, Jim Cramer, EBITDA, There's, buyback, Jim Cramer's, Jim, Justin Sullivan Organizations: Broadcom, Devices, Investment, Google, Club, Apple, Software, VMware, Nvidia, Texas, AMD, Intel, Marvell, CNBC Locations: San Jose , California
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