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☆ Indian billionaire Gautam Adani and others indicted in U.S. over alleged bribery scheme
▼ + stars: | 2024-11-20 | 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 EmailIndian billionaire Gautam Adani and others indicted in U.S. over alleged bribery schemeCNBC's Seema Mody joins 'Closing Bell Overtime' with breaking news on the indictment of Indian billionaire Gautam Adani.

Persons: Gautam Adani, Seema Mody Locations: U.S

☆ What Trump win means for India
▼ + stars: | 2024-11-19 | 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 EmailWhat Trump win means for IndiaSeema Mody reports on why Trump’s win could accelerate investments into the country.

Persons: India Seema Mody Locations: India

☆ Semiconductor stocks poised to rebound after losing $360 billion in market capitalization
▼ + stars: | 2024-11-04 | by ( Seema Mody | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemiconductor stocks poised to rebound after losing $360 billion in market capitalizationCNBC's Seema Mody reports on the latest stock moves from big tech.

Persons: Seema Mody Organizations: Semiconductor

☆ Here's what AMD needs to deliver in its Q3 results
▼ + stars: | 2024-10-29 | 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 EmailHere's what AMD needs to deliver in its Q3 resultsCNBC's Seema Mody reports on what to expect from AMD's quarterly earnings results.

Persons: Seema Mody Organizations: AMD

☆ Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring
▼ + stars: | 2024-10-28 | by ( Seema Mody | ) www.cnbc.com time to read: +4 min

Former President Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on "The Joe Rogan Experience" podcast and accused Taiwan of stealing America's chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Shares of Taiwan Semiconductor closed down 4.3% on Monday. The U.S. Commerce Department funds have yet to be allocated to Taiwan Semiconductor or other major semiconductor firms. "We put up billions of dollars for rich companies to come in and borrow the money and build chip companies here.

Persons: Donald Trump, Joe Rogan, Trump, Bernstein, Stacy Rasgon, Rasgon, CC Wei, shouldn't, They're, he'll, Patrick Moorhead, Kamala Harris, it's, Biden Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, Taiwan Semiconductor, Amazon, Google, Microsoft, UBS, Intel, Samsung, U.S, CNBC, U.S . Commerce Department, CC, Funds, Mizuho, Trump, Analysts, Citi, VanEck Semiconductor, Global, Texas, China, Micron Locations: Taiwan, U.S, China, Arizona

☆ Trump takes aim at the CHIPS Act
▼ + stars: | 2024-10-28 | by ( Seema Mody | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump takes aim at the CHIPS ActCNBC's Seema Mody reports on how a Trump presidency will impact the semiconductor industry.

Persons: Seema Mody, Trump Organizations: Trump

☆ Nvidia CEO partners with India to supply chips to tech companies
▼ + stars: | 2024-10-24 | by ( Seema Mody | ) 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 CEO partners with India to supply chips to tech companiesNvidia CEO Jensen Huang, in a fireside chat with Reliance Industries Chairman Mukesh Ambani, discussed why India is poised to build an AI empire. He highlighted the country's potential to export AI innovations rather than Indian workers being displaced by the technology.

Persons: Jensen Huang, Mukesh Ambani Organizations: Reliance Locations: India

☆ IBM stock slips on disappointing consulting and infrastructure revenue
▼ + stars: | 2024-10-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

In the third quarter, IBM generated $6.52 billion in revenue from software. Revenue from Red Hat, a 2019 acquisition, grew 14%, compared with 7% in the second quarter. The company's infrastructure segment had $3.04 billion in revenue, down 7% and beneath StreetAccount's $3.24 billion consensus. IBM now has a generative artificial intelligence book of business exceeding $3 billion, up more than $1 billion in the second quarter. During the quarter, IBM said it would expand its network of Oracle product consultants and buy Oracle services company Accelalpha.

Persons: Jim Kavanaugh, Arvind Krishna, Kavanaugh, CNBC's Seema Mody, Mody, Krishna Organizations: IBM, Prudential, Revenue, StreetAccount, Red, Software, Oracle, Palo Alto Networks, Software AG Locations: StreetAccount .

☆ TSMC shares surge after 54% annual jump in net profit, strong guidance
▼ + stars: | 2024-10-17 | by ( Seema Mody | ) 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 EmailTSMC shares surge after 54% annual jump in net profit, strong guidanceCNBC's Seema Mody reports on the latest news from Taiwan Semiconductors.

Persons: Seema Mody Organizations: Taiwan Semiconductors

☆ AI won't cost jobs, says Nvidia CEO Jensen Huang
▼ + stars: | 2024-10-14 | 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 EmailAI won't cost jobs, says Nvidia CEO Jensen HuangCNBC’s Seema Mody joins 'Power Lunch' to discuss Nvidia CEO Jensen Huang's recent comments on Cuda software and jobs.

Persons: Jensen Huang CNBC’s Seema Mody, Jensen Organizations: Nvidia

☆ India to fabricate its first chip in two years as Nvidia, AMD and Micron pledge to expand to the country
▼ + stars: | 2024-10-01 | by ( Seema Mody | ) www.cnbc.com time to read: +3 min

Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will fabricate its first chip in two years, Commerce Minister Piyush Goyal told CNBC during a one-on-one interview in New York. Nvidia , AMD , Micron are among the U.S. companies that have pledged to expand in the country. Goyal added that Indian behemoth Tata and other domestic companies are working to make India's semiconductor dream a reality. And according to Goyal, Indian customers are increasingly opting for the more expensive iPhones.

Persons: Piyush Goyal, chipmakers, Goyal, behemoth Tata, Narendra Modi, Apple, Warburg Pincus Organizations: of Commerce and Industry, Consumer Affairs, Food, Commerce, CNBC, Nvidia, AMD, Micron, behemoth, Taiwan Semiconductor Manufacturing Company, Samsung, U.S, Apple, BlackRock, KKR, Google, Microsoft Locations: India, New York, Silicon Valley, China, Goyal

☆ Chip stocks drop on China reports
▼ + stars: | 2024-09-30 | 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 EmailChip stocks drop on China reportsCNBC's Seema Mody joins 'Squawk on the Street' to report on chip stocks taking a dip on headlines out of China.

Persons: CNBC's Seema Mody Locations: China

☆ China urges local companies to stay away from Nvidia AI chips, according to reports
▼ + stars: | 2024-09-27 | 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 EmailChina urges local companies to stay away from Nvidia AI chips, according to reportsCNBC's Seema Mody joins 'Closing Bell: Overtime' to discuss the latest reports from China against Nvidia.

Persons: CNBC's Seema Mody Organizations: China, Nvidia Locations: China

☆ Nvidia CEO talks AI energy demand
▼ + stars: | 2024-09-27 | by ( Seema Mody | ) 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 CEO talks AI energy demandNvidia CEO Jensen Huang discusses how power scarcity will limit AI's growth, and possible solutions. Seema Mody reports.

Persons: Jensen Huang, Seema Mody

☆ Fed's rate cut sparks rally in chip stocks
▼ + stars: | 2024-09-19 | by ( Seema Mody | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's rate cut sparks rally in chip stocksCNBC's Seema Mody reports on the latest rally in chip stocks.

Persons: Seema Mody

☆ Intel strikes deal with Amazon to develop AI chips for AWS
▼ + stars: | 2024-09-17 | by ( Seema Mody | ) 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 strikes deal with Amazon to develop AI chips for AWSCNBC’s Seema Mody reports on Intel's new deal to build AI chips for Amazon, how it could affect share prices, and more.

Persons: Seema Mody Organizations: Intel, Amazon

☆ Biden administration awards Intel up to $3 billion under the Chips Act
▼ + stars: | 2024-09-16 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +2 min

The Biden Administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the "Secure Enclave" program which is designed to expand the supply of microelectronics for the U.S. Department of Defense. Intel is building foundry plants in four states as part of its project to increase domestic semiconductor manufacturing for other suppliers. In March, the Biden administration awarded Intel with up to $8.5 billion under the CHIPS and Science Act. Intel CEO Pat Gelsinger, in a recent meeting with Commerce Secretary Gina Raimondo, voiced frustration over the heavy reliance that U.S. companies have on Taiwan Semiconductor Manufacturing, the world's largest contract chipmaker. The company announced in August it would cut 15% of its workforce as part of a $10 billion cost-reduction plan.

Persons: Biden, Pat Gelsinger, Gina Raimondo, Intel's, Chris George, —, Seema Mody, Rohan Goswami Organizations: Biden, U.S . Department of Defense, Intel, CNBC, Taiwan Semiconductor Manufacturing, Department of Defense, Rapid, Microelectronics, United States Locations: United

☆ China is finding creative ways to bypass U.S. restrictions on AI chips
▼ + stars: | 2024-09-16 | 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 EmailChina is finding creative ways to bypass U.S. restrictions on AI chipsCNBC's Seema Mody joins 'The Exchange' to report on how China is bypassing U.S. regulations to obtain industry-leading AI chips.

Persons: Seema Mody Organizations: China Locations: China

☆ Nvidia stock rises again: Here's what you need to know
▼ + stars: | 2024-09-12 | 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 stock rises again: Here's what you need to knowCNBC's Seema Mody joins 'Squawk on the street' to report the latest news surrounding Nvidia.

Persons: Seema Mody Organizations: Nvidia

☆ Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production
▼ + stars: | 2024-09-12 | by ( Seema Mody | ) www.cnbc.com time to read: +4 min

The company is turning to Commerce Secretary Gina Raimondo for help. In a recent meeting with Raimondo, Intel CEO Pat Gelsinger voiced frustration over the heavy reliance that U.S. companies have on Taiwan Semiconductor Manufacturing , the world's largest contract chipmaker. Intel is currently building out plants in four U.S. states as it seeks to become more of a foundry business, manufacturing chips for other suppliers. It's an increasingly important initiative for Intel, which is getting trounced in the market for microprocessors. Concerns have been rising for years that China could invade Taiwan, creating a massive risk for the U.S. chip industry.

Persons: Gina Raimondo, Joe Biden, Raimondo, Pat Gelsinger, chipmaker, Biden, It's, David Zinsner, Zinsner, Jensen Huang, Goldman Sachs, Huang, David Solomon Organizations: Semiconductors, America, White, Intel, U.S, Taiwan Semiconductor Manufacturing, Nvidia, Apple, CNBC disbursements, Devices, U.S . Commerce Department, AMD, Google, Broadcom Locations: U.S, Taiwan, Arizona, China

☆ Nvidia CEO Huang defends price of servers
▼ + stars: | 2024-09-11 | 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 CEO Huang defends price of serversCNBC's Seema Mody joins 'Squawk on the Street' to share details from Nvidia CEO Jenson Huang's comments at Goldman Sachs' Communacopia conference.

Persons: Huang, Seema Mody, Jenson Huang's, Goldman Sachs Organizations: Nvidia

☆ Expedia CEO on Q2 results: Seeing softness and slight trade down in U.S. hotel space
▼ + stars: | 2024-08-12 | by ( Seema Mody | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpedia CEO on Q2 results: Seeing softness and slight trade down in U.S. hotel spaceAriane Gorin, Expedia CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, where consumers are trading down, and where the weakness in the consumer is coming from.

Persons: Gorin Locations: U.S

☆ Capex concerns weigh on chips
▼ + stars: | 2024-07-25 | 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 EmailCapex concerns weigh on chipsCNBC's Seema Mody joins 'The Exchange' with news about the tech selloff.

Persons: Seema Mody

☆ Royal Caribbean shares fall despite Q2 beat
▼ + stars: | 2024-07-25 | 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 EmailRoyal Caribbean shares fall despite Q2 beatCNBC's Seema Mody reports on the latest from Royal Caribbean.

Persons: CNBC's Seema Mody Organizations: Royal Caribbean, Royal Locations: Royal Caribbean

☆ Semiconductor sector is facing its worst day this week
▼ + stars: | 2024-07-24 | 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 EmailSemiconductor sector is facing its worst day this weekCNBC’s Seema Mody joins 'Power Lunch' to discuss Nvidia, Broadcom and the other chipmakers lagging.

Persons: Seema Mody Organizations: Email Semiconductor, Nvidia, Broadcom

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