Qualcomm shares fall 5% after Arm reportedly threatens to scrap key license

Qualcomm shares fall 5% after Arm reportedly threatens to scrap key license

A smartphone with a Qualcomm logo is placed on a computer motherboard in this illustration taken on March 6, 2023. Dado Ruvic | Reuters Qualcomm shares fell nearly 5% in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm. Arm has given Qualcomm … Read more

Britain does bad job at commercializing tech globally: Former Arm CEO

Britain does bad job at commercializing tech globally: Former Arm CEO

Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the … Read more

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. … Read more

SoftBank shares hit record high after 24 years on Arm and AI boost

SoftBank shares hit record high after 24 years on Arm and AI boost

Masayoshi Son, CEO of SoftBank, speaks during the company’s annual general meeting in Tokyo on June 20, 2024. Kosuke Okahara | Bloomberg | Getty Images SoftBank Group shares hit a record high on Thursday, just as the company’s massive tech investment arm shows signs of recovery and its outspoken founder Masayoshi Son emerged back into … Read more

App compatibility, battery life shine

App compatibility, battery life shine

With Microsoft’s new Surface Pro Flex Keyboard, you can type and use the trackpad without the accessory being physically connected to the 11th edition of the Surface Pro. Jordan Novet | CNBC When Microsoft announced its new line of Windows PCs in May, the company said the computers were “designed for AI” with new chips … Read more

Tech founders are shunning IPOs after extended market lull: Techstars

Tech founders are shunning IPOs after extended market lull: Techstars

Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is known for producing tech businesses that start in garages and turn into massive publicly traded companies ubiquitously known across the globe. From Oracle and Microsoft to Google and Facebook, the public … Read more

SoftBank to raise $1.86 billion in debt as CEO talks up ‘super’ AI

SoftBank to raise .86 billion in debt as CEO talks up ‘super’ AI

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose pronouncements since the Japanese conglomerate began taking steps to shore … Read more

Microsoft announces new PCs with AI chips from Qualcomm

Microsoft announces new PCs with AI chips from Qualcomm

Microsoft Chairman and Chief Executive Officer Satya Nadella speaks during the Microsoft May 20 Briefing event at Microsoft in Redmond, Washington, on May 20, 2024.  Jason Redmond | AFP | Getty Images Microsoft is touting new computers with advanced chips designed to run artificial intelligence features of software for Windows, without quickly using up battery … Read more

The year of AI PCs

The year of AI PCs

Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft‘s Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its latest artificial intelligence projects, following high-profile events this month hosted … Read more

Stock down on sales guidance

Stock down on sales guidance

The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Shares of British chip designer Arm fell about 5% on Thursday morning, as lackluster revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence applications. Arm reported fiscal fourth-quarter revenue of $928 million Wednesday, marking … Read more