CNBC Tech - Gaming

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
  1. Nvidia CEO Jensen Huang said the company has "largely conceded" China's advanced artificial intelligence chip market to Huawei.
  2. SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.
  3. If Anthropic hits the revenue target, it will post its first profitable quarter, a source told CNBC
  4. Before SpaceX's upcoming IPO sets an expected record, Alibaba, Facebook and Visa raised historic sums in the U.S.
  5. CNBC's Jim Cramer said semiconductor and AI infrastructure stocks have replaced software as the market's technology leaders.
  6. It's a major win for Goldman's dealmaking division.
  7. Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.
  8. Amazon founder Jeff Bezos called for eliminating federal income taxes on the bottom half of earners as Mamdani pushes a luxury second-home tax in New York City.
  9. Jeff Bezos rejected accusations that Amazon's decision to release a documentary on first lady Melania Trump was an effort to curry favor with the president.
  10. Meta on Wednesday commenced its latest round of layoffs, which affect about 10% of the company's workforce or roughly 8,000 jobs.