Tag Archives: CNBC

Trump-backed crypto coin misses $300 million sales target, raises less than $12 million

Trump-backed token sale misses project targets one day into launch.

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Amazon announces first Kindle ever with color screen, retailing for $279

The company is refreshing its entire e-reader lineup, launching four new Kindle devices.

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ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales

ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.

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Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz

Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.

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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions

Large tech firms are turning to alternative power sources like nuclear as a way to fulfill growing energy demands from data centers.

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The UAE can guarantee the ‘safety and the security’ of U.S.-made chips, G42 CEO says

The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.

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Trump PAC has raised about $7.5 million in crypto donations since early June

A political action committee supporting Donald Trump’s presidential bid has raised about $7.5 million in cryptocurrencies.

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Asian chip stocks fall on ASML’s disappointing forecast, possible U.S. export cap

Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the biggest loses, dropping nearly 10%.

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Trump’s coin sale misses early targets as crypto project’s website crashes

Former President Donald Trump’s launch of the token sale for his crypto project on Tuesday was plagued by problems.

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Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

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