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Satya Nadella - 2 Mark Stevens - 1 Michael McCaffery - 1 Mark Perry - 1 Harvey Jones - 1 Mark Zuckerberg - 1 Zuckerberg - 1 Meta's - 1
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Microsoft - 3 Nvidia - 2 Microsoft Microsoft - 2 CNBC - 2 Nvidia Nvidia - 1 Whirlpool - 1 AMD - 1 Bradford - 1

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6 mentions found


☆ Tech insiders are cashing out during the AI-fueled stock rally
  + stars: | 2024-03-06 | by ( Yun Li | ) www.cnbc.com   time to read: +4 min
Nvidia Nvidia is the leader of the pack with shares surging more than 70% year to date, following a nearly 240% advance last year. A number of directors at the company sold shares in late February amid the fierce rally. NVDA 1Y mountain Nvidia Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company's pricey graphics processors for servers. Meta Platforms Meta CEO Mark Zuckerberg trimmed his stake in separate sales over the past week. Satya Nadella (CEO) sold 1,300 shares on March 1 Bradford L. Smith (vice chair and president) sold 48,300 shares in early February.
Persons: Mark Stevens, Michael McCaffery, Mark Perry, Harvey Jones, Mark Zuckerberg, Zuckerberg, Meta's, Sherman Tuan, George Kao, Don Clegg, Lisa Su, Darla M, Smith, Mark Papermaster, Satya Nadella Organizations: Nvidia, Nvidia Nvidia, Microsoft, Whirlpool, AMD, Microsoft Microsoft, Bradford, Amazon Web Services
☆ Big Tech earnings highlighted big spending on artificial intelligence. Here's what it means for AI king Nvidia
  + stars: | 2023-10-27 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com   time to read: +9 min
All four companies are buyers of Nvidia's cutting-edge AI chips, which dominate the market for training the massive models that power applications like the viral ChatGPT. "I think that Nvidia is the quiet partner behind the winners including Microsoft," Jim Cramer said Friday. Notably, about 3 percentage points of Azure's growth was linked to customer AI spending, Hood said. Amazon Amazon's results and earnings call Thursday added to the body of evidence on AI spending as a priority at U.S. tech giants. This week's slate of Big Tech earnings left little doubt that, as more Nvidia chips become available, there will be a place inside data centers for them to go.
Persons: haven't, —, Jensen Huang, Jim Cramer, NVDA, Jim, Amy Hood, Hood, Ruth Porat, Porat, Susan Li, Brian Olsavsky, Andy Jassy, Jassy, It's, Jim Cramer's, Jensen Huang Getty Organizations: Nvidia, Big Tech, Microsoft, Facebook, U.S, Google, Broadcom, AWS, Loop, Taiwan Semiconductor Manufacturing Company, CNBC Locations: China, OpenAI, Amazon's
☆ Microsoft profit pops 27% as Azure growth accelerates
  + stars: | 2023-10-24 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Microsoft Microsoft shares jumped as much as 5% in extended trading on Tuesday after the software maker issued fiscal first-quarter results that beat Wall Street estimates. Here's how the company did:Earnings: $2.99 per share, vs. $2.65 per share as expected by LSEG, formerly known as Refinitiv. Microsoft doesn't disclose Azure revenue in dollars. At constant currency, Azure revenue rose 28%, accelerating from 27% in the fiscal fourth quarter. That was up 3% and higher than the $12.85 billion StreetAccount consensus.
Persons: Satya Nadella, StreetAccount Organizations: Microsoft, Washington , D.C, Microsoft Microsoft, Wall, LSEG, Revenue, CNBC, Bing Locations: Washington ,
☆ Want to invest in the A.I. boom? Veteran tech fund manager names 4 stocks to own
  + stars: | 2023-04-21 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +5 min
Artificial intelligence is no longer a futuristic fantasy but closer to a reality predicted to transform many industries. "It's still very early, but ChatGPT described as the iPhone moment for the artificial intelligence technology industry feels about right to us." The tech fund manager also told CNBC's Pro Talks that four large-cap stocks were driving some of the biggest and most tangible advancements in artificial intelligence. Microsoft Microsoft could be one of the top options for investors looking to invest in artificial intelligence, according to Rogoff, lead manager of Polar Capital Technology Trust plc. The tech fund manager pointed to the company's 90% market share in search, where it can deploy its own ChatGPT-like language model.
☆ Want in on the AI boom? These 8 high-quality stocks are already ahead of the pack
  + stars: | 2023-03-30 | by ( Paulina Likos | ) www.cnbc.com   time to read: +13 min
AI-powered technology companies Microsoft Microsoft arguably pushed AI into the mainstream with its unexpected release of its new AI-powered search engine Bing. During its annual conference for developers earlier this month, Nvidia demonstrated the fundamental importance of its role in facilitating the usage AI applications. Also unveiled were four new chips designed specifically for inferencing , which are optimized for various new generative AI applications. To facilitate these operations, AMD provides machine learning and deep learning systems which offer higher-performance computing capabilities to accelerate AI applications. Qualcomm Qualcomm (QCOM) is focused on making AI technology on-device processing more efficient across different industries and products.
☆ Big Tech's had a devastating year. Here's why we're holding on
  + stars: | 2022-12-15 | by ( Paulina Likos | ) www.cnbc.com   time to read: +6 min
Amazon Amazon has been battling with rightsizing its business due to the pull-forward demand it experienced during the COVID-19 pandemic. We'd also like to see how the company is addressing slower growth at its cloud business, Amazon Web Services (AWS). Microsoft Microsoft has been pressured by weakening demand for personal computers, the strong U.S. dollar and tightening enterprise budgets for the cloud. "I think the company could have a decent quarter and it hasn't had to issue a warning about what is now the declining dollar," Jim said. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.
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