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Mar 24, 2024
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of intel, aaron butler, president of arizona building trades. what a combo, man. and other union leaders are here today. thank for you your partnership and showing how we can get big things done in america and we can do it again and again. business leaders this question, i mean it sincerely, at the business roundtable. please have a seat. i'm sorry. i didn't realize you're still standing. i apologize. i asked the question at the business roundtable of the biggest leaders of business in the world and the united states particularly. i asked them, when the united states decides to invest considerable resources in a new industry that we need to build, does that encourage business or discourage it? and the answer is overwhelmingly encourage it. during the pandemic we had to learn about supply chains and the shortage of semi conductors, those tiny computer chips you all out here know very well, smaller than the tip of your finger that power everything from the cell phone and cars and dishwashers, satellites and weapon systems. #nvented these chips. don't forget. and ove
of intel, aaron butler, president of arizona building trades. what a combo, man. and other union leaders are here today. thank for you your partnership and showing how we can get big things done in america and we can do it again and again. business leaders this question, i mean it sincerely, at the business roundtable. please have a seat. i'm sorry. i didn't realize you're still standing. i apologize. i asked the question at the business roundtable of the biggest leaders of business in the...
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Mar 13, 2024
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intel declined to comment. a few weeks back when i spoke with the ceo and his team, they were under the impression they would be getting funding prior to the state of the union address by joe biden. but we know that hasn't been the case. recall even the commerce secretary spoke at intel's foundry event, highlighting this friendly environment. but two big questions remain, how much fund willing intel get from the department of defense and commerce, giving its promise to spend $40 billion on plants in ohio and arizona. keep in mind that the chips act only has about $39 billion for manufacturing. there's only 500 companies that have filed statements of interest. so if intel were to get that $3.5 billion number bloomberg is reporting, that's 9% of the pot and leaves less for other chip companies. the second unanswered question, will the funding have strings attached? in other words, intel would have to focus on military chips at the expense of more advanced chips, which could mean decent margins, but the yields of
intel declined to comment. a few weeks back when i spoke with the ceo and his team, they were under the impression they would be getting funding prior to the state of the union address by joe biden. but we know that hasn't been the case. recall even the commerce secretary spoke at intel's foundry event, highlighting this friendly environment. but two big questions remain, how much fund willing intel get from the department of defense and commerce, giving its promise to spend $40 billion on...
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Mar 20, 2024
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intel is not a software company. so, intel will be at a disadvantage. that said, look, it's very difficult to get engineers in our country. it's 50 to 1 between taiwan and us in terms of the number of engineers. the number of builders, very, very difficult, so i think this is a great thing that the commerce secretary is doing, and these plants would not be built because they're uneconomic without the subsidy. >> that's part of the problem. morris chang, the founder of tsmc, american, of course, he was at texas instruments for much of his life. he's an older gentleman now. he's complained about how expensive it is. in arizona, where they're trying to build a new fab. >> everything i know is from morris. i just read everything he does. he's a good friend of jensen's, and morris is someone who is idolized in the semiconductor capital equipment business, which, of course, is where the real ip is. the real intellectual property belongs to kla, to lam, and morris chang, godfather of the construction, used to be -- it used to be there was a -- jerry parker use
intel is not a software company. so, intel will be at a disadvantage. that said, look, it's very difficult to get engineers in our country. it's 50 to 1 between taiwan and us in terms of the number of engineers. the number of builders, very, very difficult, so i think this is a great thing that the commerce secretary is doing, and these plants would not be built because they're uneconomic without the subsidy. >> that's part of the problem. morris chang, the founder of tsmc, american, of...
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Mar 20, 2024
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intel has. this chips act is expected to give money to names like wolf, wolf speed, on, semiconductor. i don't know the list because they're giving it out in drips and drabs, don't we want to get it away from the asian markets, which caused so many problems because they were intertwined with china, which during the pandemic showed they couldn't function? >> 100%. you know, i think the prior administration did a lot. listen, tsmc is building fabs and next generation fabs in arizona in order to reduce this dependency so this isn't a question about whether we should be building fabs in the u.s., it's not a question about whether we should be encouraging fabs to be built across the world in countries that are more politically aligned with the united states. this is really just a question about intel and intel fabs and, you know, while i wish them luck, part of the reason we're in this problem or in this challenge today is because we didn't keep pace at intel with tsmc and other fab manufacturers and
intel has. this chips act is expected to give money to names like wolf, wolf speed, on, semiconductor. i don't know the list because they're giving it out in drips and drabs, don't we want to get it away from the asian markets, which caused so many problems because they were intertwined with china, which during the pandemic showed they couldn't function? >> 100%. you know, i think the prior administration did a lot. listen, tsmc is building fabs and next generation fabs in arizona in...
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Mar 20, 2024
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its backing intel as the best chance of getting that. for intel they are on the comeback trail. this is a big chunk of that. caroline: let's also think about some of the other names that are likely to be incentivized to build in the united states. it's notable the u.s. name gets a big chunk of change but others will be receiving it from the likes of samsung for example. >> you cannot just back intel. they are falling behind in the last five years. they are making a good shake of a comeback and close to being back where they should be but looking from a purely objective point of view you have to back the winners as well and that would be samsung and semiconductor manufacturing and those companies in the u.s.. ed: pat gelsinger was honest with us last night that the semiconductor industry in this country over 30 years went elsewhere -- elsewhere. therefore it's not to happen overnight bringing it back. walker audience through the footprint of what they're trying to do. arizona and ohio are the focus. the 20 billion actually goes a long way to getting things built. ian: it does and
its backing intel as the best chance of getting that. for intel they are on the comeback trail. this is a big chunk of that. caroline: let's also think about some of the other names that are likely to be incentivized to build in the united states. it's notable the u.s. name gets a big chunk of change but others will be receiving it from the likes of samsung for example. >> you cannot just back intel. they are falling behind in the last five years. they are making a good shake of a...
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Mar 25, 2024
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dow down 50 points the laggards are intel we will talk more about chipmakers later on in the show. followed by amd which is down 2% united airlines as well. we have news coming up later in the show about them. >>> the markets are headed for a lower open, but that is not stopping the imagination at goldman sachs. the bank sticking with the 5,200 price target of the year, but a new scenario goldman sees the index up 15% to 6,000 by the end of the year that something we will talk more throughout the hour. >>> we are checking the bond market as we he expect the ppce later this week. >>> let's pay attention to the energy market with oil we we see wti up .50% brent crude is up .50% we have to pay attention to bitcoin. we continue to follow its rise it trades around the clock bitcoin at $67,000 this morning. well off the all-time high in recent days. for the month of march, up 30% >>> that's the money check let's see how europe is getting under way with arabile gumede in the london newsroom. a bit of a muted start in europe >> it is, frank. where has the time gone? in the final week of th
dow down 50 points the laggards are intel we will talk more about chipmakers later on in the show. followed by amd which is down 2% united airlines as well. we have news coming up later in the show about them. >>> the markets are headed for a lower open, but that is not stopping the imagination at goldman sachs. the bank sticking with the 5,200 price target of the year, but a new scenario goldman sees the index up 15% to 6,000 by the end of the year that something we will talk more...
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Mar 25, 2024
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the intel's earnings is worse. you take a similar chunk off of both of them, it actually hits intel worse. but there is nothing to change yet, if that is what you are asking. apparently, these rules were actually put in place in december. it's probably not anything it will happen over time, assuming it happens at all. there are a lot of other issues that i think are going on with both stocks that are probably bigger, or more near-term things to worry about than this anyway. there is nothing to change it. we will see how things progress over time. >> you see this impacting the trade wars and all the other conflicts with you think this can escalate? the way these stocks and products are treated? >> look, you look at the magnitude of this versus what the u.s. is done. certainly, u.s. efforts are a lot bigger. remember, that is by design. what they can do to push back, it is very, very limited. the u.s. is kind of holding the cards. we will see if there are broader trade wars. they've got other elements they can use. w
the intel's earnings is worse. you take a similar chunk off of both of them, it actually hits intel worse. but there is nothing to change yet, if that is what you are asking. apparently, these rules were actually put in place in december. it's probably not anything it will happen over time, assuming it happens at all. there are a lot of other issues that i think are going on with both stocks that are probably bigger, or more near-term things to worry about than this anyway. there is nothing to...
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Mar 20, 2024
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intel, look, it's been a massive disappointment. it gets back to, where do you think, first of all from the stock's perspective, i think it's underowned. there's no question to me, for all the reasons we just talked about, but i look to the future, and i look at the dynamic, the cap x spend of the communications service providers, the hyper scalers. they are going to be double-different cap x growth for the next three, four, five years, and intel is going to grow into this. not cheap, certainly not cheap on valuation, but i think you can wade through here. every time they report, we've seen the cycle for the stock. it sells off 10%, 15%, creeps back up and takes out the highs. you trade it that way if you want. >> i wonder where the semiconductor cycle will be in '27 or '28 when the plants are finally operational, i ask reor theically. but you have to wonder, you know, how that's going to line up for them. >> i don't think they know the answer to that question, unfortunately. and i'll say this with respect to intel, i mean, they got
intel, look, it's been a massive disappointment. it gets back to, where do you think, first of all from the stock's perspective, i think it's underowned. there's no question to me, for all the reasons we just talked about, but i look to the future, and i look at the dynamic, the cap x spend of the communications service providers, the hyper scalers. they are going to be double-different cap x growth for the next three, four, five years, and intel is going to grow into this. not cheap, certainly...
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Mar 25, 2024
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microprocessors and intel and amd shares fall. in spring break in full swing. we will check in with priceline ceo brett keller about the state of revenge travel and how the outlook compared to last year. ♪ >> welcome to bloomberg markets. a look at markets on this monday morning and it is a sea of red behind me. we are talking about huge downdrafts year, the s&p 500 currently off by about 2/10 of 1%, even more so if you go down the list. those big tech names, that benchmark under pressure as well, currently off by about half of 1% and a love that ties back to what we are seeing in the chips face with intel and amd which we will discuss. the philadelphia semiconductor index currently off by about 6/10 of 1%. but we want to get back to boeing, one of the big stories today after announcing sweeping management changes with ceo dave calhoun set to leave the company at the end of the year. the airplane maker is grappling with a safety crisis centered on's most important product, the 737 max jet liner. joining us to help break it down is guy johnson. where does this
microprocessors and intel and amd shares fall. in spring break in full swing. we will check in with priceline ceo brett keller about the state of revenge travel and how the outlook compared to last year. ♪ >> welcome to bloomberg markets. a look at markets on this monday morning and it is a sea of red behind me. we are talking about huge downdrafts year, the s&p 500 currently off by about 2/10 of 1%, even more so if you go down the list. those big tech names, that benchmark under...
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Mar 20, 2024
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intel up by a little more than 3% this morning. up next, decision day for the fed -- >> grates at some boy should -- at some point should move lower. lack of competent is when does the window open? >> if you can't justify a cut by june, you might not have a leg to stand on to cut until early next year. jonathan: that conversation is next. from new york city, this is bloomberg. ♪ jonathan: live from new york city, welcome to the program. the s&p 500 is slightly softer, not even lower by 0.1%. backing away a little bit from the highs of the year. decision day for the fed today. >> rates at some point should move lower. the lack of confidence is about when does the window open, when does the data tell them it's ok to start? there's a little uncertainty about when to start but i think the confidence of the overall disinflation trend is there. >> if you can't justify a cut by june, you might not have a leg to stand on to start cutting until early next year. that might be a reason to get going now unless you are really comfortable star
intel up by a little more than 3% this morning. up next, decision day for the fed -- >> grates at some boy should -- at some point should move lower. lack of competent is when does the window open? >> if you can't justify a cut by june, you might not have a leg to stand on to cut until early next year. jonathan: that conversation is next. from new york city, this is bloomberg. ♪ jonathan: live from new york city, welcome to the program. the s&p 500 is slightly softer, not even...
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Mar 25, 2024
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boy, they're really pummelling amd and intel. nvidia doesn't make that lower end for the pc i don't know look, i think that europe is now eyes glazed over they seem to want to go after everybody. i spent a lot of time on the apple justice department suit, and i'm not going to say it's fatuous, because it's the justice department same way i can't say the justice department is fatuous when it kwo comes to boeing, because the justice department is too frightening to ignore. i think the apple reaction was strange. you're talking about a three to five years before you see anything i think apple will file a motion to dismiss in may. may actually work. i don't think that people -- there were settlement talks, and the settlement talks involved, from what i can tell, apple basically saying, listen, we have no problem with a lot of this, which makes me feel that it's much more of a show trial against apple. >> huh >> and it was kind of sad. i felt sad that this is what it's come to it's like, well, we haven't gotten apple yet, let's go app
boy, they're really pummelling amd and intel. nvidia doesn't make that lower end for the pc i don't know look, i think that europe is now eyes glazed over they seem to want to go after everybody. i spent a lot of time on the apple justice department suit, and i'm not going to say it's fatuous, because it's the justice department same way i can't say the justice department is fatuous when it kwo comes to boeing, because the justice department is too frightening to ignore. i think the apple...
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Mar 19, 2024
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the biggest competitor is amv and to some degree intel i amv and to some degree intel but the other thing is that all major cloud providers, google has some of their own ships and so does microsoft and amazon so each of the big cloud companies have some of them but they still rely heavily on nvidia. amd is the biggest challenge and amd has been making excellent progress. the thing is the market is growing so quickly that even if nvidia loses some share they can still grow their overall business because there is just a lot of opportunity for everybody. nvidia has also announced that it is expanding its partnerships with byd and other chinese automakers that are racing to build self—driving vehicles. byd overtook tesla last year as the world's top selling electric vehicle manufacturer. it will use nvidia's next generation of in—vehicle chips. its rivals xpeng, li auto and aion hyper gt will also use the product. evergrande group's founder has been barred from china's securities market. regulators have accused the group's flagship unit of securities fraud, failing to make timely disclosu
the biggest competitor is amv and to some degree intel i amv and to some degree intel but the other thing is that all major cloud providers, google has some of their own ships and so does microsoft and amazon so each of the big cloud companies have some of them but they still rely heavily on nvidia. amd is the biggest challenge and amd has been making excellent progress. the thing is the market is growing so quickly that even if nvidia loses some share they can still grow their overall business...
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cease fire in gaza in a turnaround of its position. secretary of state anthony blinking is expected intel of leave on friday to drive home this message to his rarely leaders. he's been on a diplomatic blips of the middle east, his 6th trip to the region since the more began with a master's terror attack on israel. on october 7th, he'll arrive just hours before the us submits a draft to the un security council calling for an immediate and sustained cease fire. it was blinking, speaking in egypt yesterday. or there's a clear consensus around a number of shared priorities. first, the need for an immediate sustain ceasefire with a release of hostages. that would create space to search more humanitarian assistance to relieve the suffering of many people and to build something more. and right now the ceasefire that we're working on would be the best most immediate way to enable us to search monitoring systems. but it's not the only way we agreed today, all of the ministers that we would get our experts together in the coming days to identify the urgent practical and concrete steps the can, it s
cease fire in gaza in a turnaround of its position. secretary of state anthony blinking is expected intel of leave on friday to drive home this message to his rarely leaders. he's been on a diplomatic blips of the middle east, his 6th trip to the region since the more began with a master's terror attack on israel. on october 7th, he'll arrive just hours before the us submits a draft to the un security council calling for an immediate and sustained cease fire. it was blinking, speaking in egypt...
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Mar 25, 2024
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that's because intel is considered to have a larger exposure to china. bernstein estimating intel could lose over a billion dollars in sales if this works and goes through. one beneficiary armed some of the local approved chip shops, used chip processors powered by arm cores. arm also has a large presence in china. the beijing crackdown could be spreading. the ft reporting that state owned enterprises are next and will have to phase out american chips by 2027. i'd leek our audience to remember that china tried to block u.s. equipment back in 2019 and failed to do so this isn't necessarily the end all just yet >> christina, thank you. >>> back to mike santoli since we're talking about the chips. i keep looking at the chips to see if we're going to see significant signs of something that's been up a lot rolling over nvidia teased you a little bit that maybe that was coming and then not so fast because it had a rebound like everything else did. >> it's held it's held near the highs there hasn't been much of a refresh in term of a real correction what is int
that's because intel is considered to have a larger exposure to china. bernstein estimating intel could lose over a billion dollars in sales if this works and goes through. one beneficiary armed some of the local approved chip shops, used chip processors powered by arm cores. arm also has a large presence in china. the beijing crackdown could be spreading. the ft reporting that state owned enterprises are next and will have to phase out american chips by 2027. i'd leek our audience to remember...
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Mar 29, 2024
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until the twenty-seventh year , the chinese government will abandon intel and amd processors for the windows operating system. judging by the development of events. if we talk about the technological and humanitarian successes of the united states itself, there is an emerging an interesting trend: what was previously spoken about orally is beginning to be implemented in documents. it is a well-known fact that in cities such as new york, for example, there were acute crime statistics: more than 90% of crimes such as murder or the use of weapons were not committed by whites, and by some politicians such figures are not humorous, they began to be interpreted as racism , that is , discriminating against the non-white population of the united states, is not politically correct, but things have gone further, now criminals with clearly non-white skin color are recorded as white. such screenshots appear on the internet, then it gets even more interesting: artificial intelligence follows trends. the american magazine playboy placed on the cover a model completely created by a neural network,
until the twenty-seventh year , the chinese government will abandon intel and amd processors for the windows operating system. judging by the development of events. if we talk about the technological and humanitarian successes of the united states itself, there is an emerging an interesting trend: what was previously spoken about orally is beginning to be implemented in documents. it is a well-known fact that in cities such as new york, for example, there were acute crime statistics: more than...
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Mar 25, 2024
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intel still under pressure but amd fighting back to positive territory. but let's assume out here and talk about the broader market moves with ryan. es chief market strategist over at the carson group. ryan, it feels like we are in a little bit of a holding pattern. we had a heavy event risk week last week and when it comes to this week, the big news of the week is on friday when u.s. markets are closed, what do you think at the next catalyst for this market? >> that afternoon. two ryans in a row on this show, i don't think that is good or bad, but i'm the second one. let's put some context on this. last 21 weeks, s&p is up 17 of them. of 27% during that timeframe. that has never happened in history were that many weeks are higher. last week with the best week of the year. so you come into now, yes, we are potentially going to take a break. listen, april is usually strong. but after the run we've had, maybe it is just time for a well-deserved break. we could maybe consolidate. that's not a bad thing. of course we are all worried about earnings and the fed
intel still under pressure but amd fighting back to positive territory. but let's assume out here and talk about the broader market moves with ryan. es chief market strategist over at the carson group. ryan, it feels like we are in a little bit of a holding pattern. we had a heavy event risk week last week and when it comes to this week, the big news of the week is on friday when u.s. markets are closed, what do you think at the next catalyst for this market? >> that afternoon. two ryans...
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Mar 13, 2024
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it was part of a package that allocated $3.5 billion to intel to produce defense. shares arch climbing the most in almost two years after the australian finance review reported they were in discussions to sell off carrier optics. singapore's largest carrier responding to the report saying there was no impending deal to offload optus as reported. google is curbing its genai chatbot from responding to questions directly to the indian general elections. this follows similar controls set up in the u.s. and other countries holding elections this year in an effort to combat concerns over misinformation and conspiracies. google collaborating with the election commission of india to enable easier discovery of vital voting information with google search. caroline: so much more in the world. social capital firing to partners after a probe citing an undisclosed situation. meanwhile checking in on some publicly traded stocks. flat on the day but with a little bit of volatility, of the pharmaceutical giant teaming up with amazon to expand its popular weight loss drugs directly
it was part of a package that allocated $3.5 billion to intel to produce defense. shares arch climbing the most in almost two years after the australian finance review reported they were in discussions to sell off carrier optics. singapore's largest carrier responding to the report saying there was no impending deal to offload optus as reported. google is curbing its genai chatbot from responding to questions directly to the indian general elections. this follows similar controls set up in the...
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Mar 2, 2024
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chair blumenthal: no response from any of them except intel? and what was intel's inirmr. bye on a mission to help and disrupt the supply chainwe are very hapo anybody. welcome engagement. we want to show them how we do it. and,e would welcome. any of these companies that want to speak with us, we very much welcome outreach. chair blumenthal: but they really have not sawed it? mr. byrne: we have had very little. chair blumenthal: your organization's work relies on the cooperat■'a semiconductors to conduct tracing, correct? mr. byrne: we have done some of that. we haveroach, which is what my team does, open source intelligence. we have done the work backwards. that we have seen in ukraine. we have taken a lot of weapons and documented the components. we have sketched out how they move into the country and have had success doing so using a range of sources. we know how components are getting in, in many cases. machine tools, bearings, a range of things. i would like to add on the sh we have, again, we have not seen any evidence of that, but we do have evidence of the fact
chair blumenthal: no response from any of them except intel? and what was intel's inirmr. bye on a mission to help and disrupt the supply chainwe are very hapo anybody. welcome engagement. we want to show them how we do it. and,e would welcome. any of these companies that want to speak with us, we very much welcome outreach. chair blumenthal: but they really have not sawed it? mr. byrne: we have had very little. chair blumenthal: your organization's work relies on the cooperat■'a...
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Mar 12, 2024
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>> ah, probably intel, to be honest with you. i don't know how a company that encapsulates so much of the excitement in and around the chip space and is clearly the beneficiary of all the orders, has gained a trillion and a half dollar market cap in 18 months, intel's left for dead, that's where i would put my money. >> adobe, i think it's thursday, they report. quarter of a trillion dollar company, a huge runup into '21, fell off a cliff like everything else. people are going to talk about this as an a.i. name, have they figured it out? reasonable valuation. of course, the problem is, it's had a huge run, and it is historic for their earnings releases, and then selloffs after, but if they can catch a bid, then maybe we are broadening out to the extent that everybody thinks. >> is that the name of the game, in order to broaden out, you have to be part of a.i.? >> no. banks aren't part of a.i. >> technology, sorry. >> okay -- yes and no. we've seen a lot of software names that are just software names. look at crowdstrike, look at
>> ah, probably intel, to be honest with you. i don't know how a company that encapsulates so much of the excitement in and around the chip space and is clearly the beneficiary of all the orders, has gained a trillion and a half dollar market cap in 18 months, intel's left for dead, that's where i would put my money. >> adobe, i think it's thursday, they report. quarter of a trillion dollar company, a huge runup into '21, fell off a cliff like everything else. people are going to...
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Mar 25, 2024
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every side is doing what they need to do and the fact that they're selling intel on this, and for all of the pain they're having in china, i think they'r getting inflated and i am long intel and stakes have been raised >> one analyst believes china is not essential and david riedel got back from taiwan just a few days ago why do you think is it just jumping to conclusions is that why we have a knee-jerk reaction to the name, david? >> clearly china is for intel chips and 30% of their sales and amd, 15% and not a lot of that is ending up in the government sector and this will be a slow rollout on having the government computers only, so i don't see them having a big impact >> can we jump to the conclusion, though, that this is just the beginning because maybe that's what the markets are thinking they're not thinking about just the one step and what if we went further and what if we ban these chips inside any of the computers? >> it's certainly not the beginning because we've been banin banning what way and other chips from china since 2019 and it was promulgated in the end of december
every side is doing what they need to do and the fact that they're selling intel on this, and for all of the pain they're having in china, i think they'r getting inflated and i am long intel and stakes have been raised >> one analyst believes china is not essential and david riedel got back from taiwan just a few days ago why do you think is it just jumping to conclusions is that why we have a knee-jerk reaction to the name, david? >> clearly china is for intel chips and 30% of...
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Mar 21, 2024
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won't intel build these plants anyway? they've already committed to a $100 billion investment plan in the united states. but i say that is actually all wrong. intel's investing here precisely because of the chips act, gina raimondo realized our country's too dependent on foreign manufacturing. we tend to outsource the manufacturing to taiwan, south korea or malaysia. the chips act which i championed from the get-go was a response to a real need. we don't manufacture high performance chips here. we don't make many of the chips used by our own military. and as we found out during the pandemic our overseas supply chain, forget about it. it's much more fragile than we thought when it comes to semiconductors. in fact, we have an unbelievable dependence on a single company, taiwan semiconductor, which is a serious problem because our number one geopolitical rival in the world, the people's republic of china, wants to devour taiwan. and the more our commerce department curtails the sales of our highest-end chips to china includin
won't intel build these plants anyway? they've already committed to a $100 billion investment plan in the united states. but i say that is actually all wrong. intel's investing here precisely because of the chips act, gina raimondo realized our country's too dependent on foreign manufacturing. we tend to outsource the manufacturing to taiwan, south korea or malaysia. the chips act which i championed from the get-go was a response to a real need. we don't manufacture high performance chips here....
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Mar 4, 2024
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the sell on intel, and that's the perfect opportunity to buy intel right now. >> center of the universe is the semiconductor industry. every name they mentioned, these are names that will continue to move higher. in the case of applied material, no. not every analyst loves the stock. the 12-month price target is only $2 where it's holding today above. materials is the largest u.s. supplier. very big story this week is going to be broadcom. hearing from broadcom that has snuck into the top ten in the s&p 500 as a market cap bigger than tesla, and it quadrupled. everything in 2024 begins and ends with what semiconductors do. >> i bought asml when it was on a decline, not a big decline, but still moved up over 5% since i bought it. >> good stuff. >>> let's take a quick break. when we come back, farmer jim has another new move, and we will also talk about health care more broadly. one of the five best performing sectors this year, and jimmy's move was within that. a little teaser. we're back after ts.hi *trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make tr
the sell on intel, and that's the perfect opportunity to buy intel right now. >> center of the universe is the semiconductor industry. every name they mentioned, these are names that will continue to move higher. in the case of applied material, no. not every analyst loves the stock. the 12-month price target is only $2 where it's holding today above. materials is the largest u.s. supplier. very big story this week is going to be broadcom. hearing from broadcom that has snuck into the top...
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Mar 20, 2024
03/24
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and then we have intel. man, did they get a boost from the white house. i think it's a $20 billion boost, isn't it, lauren? lauren: in grants and loans, yep. that is major. i'm a going to give you on the one hand and around now which you hate, but i have to do it. [laughter] so the u.s. does not produce a single advanced chip, not one imported from a asia a, that's a problem. commerce department sees this is a problem, so they're using money from the chips act two years ago and finally, finally all this time later doling out $8.5 billion of the $20 billion in grants to intel. intel will speed up manufacturing in four different states where they have factories and and hire 30,000 jobs. that's great. should the government be calling the shots? that's my question. stuart: i don't have an answer for you. lauren: the other $11 billion, by the way, comes from loans that they're making to intel. and the ceo of intel, pat gelsinger, will join liz claman laterren to -- later on today. stuart: then you'll get an answer. take a look at bitcoin. it was $73,800 last w
and then we have intel. man, did they get a boost from the white house. i think it's a $20 billion boost, isn't it, lauren? lauren: in grants and loans, yep. that is major. i'm a going to give you on the one hand and around now which you hate, but i have to do it. [laughter] so the u.s. does not produce a single advanced chip, not one imported from a asia a, that's a problem. commerce department sees this is a problem, so they're using money from the chips act two years ago and finally, finally...
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Mar 21, 2024
03/24
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we have more of my interview i with intel ceo pat gelsinger in about 20 minutes. you've got to hear what he says specifically about the money that he got from the government yesterday. and the chips act a. now to recap, reddit soaring in its first day of trading on the new york stock exchange. the social media stock ticking under the ticker symbol rddt, chip maker micron hitting a record high amid soaring demand for its a.i. hardware, and markets, yeah, right now at all-time records. the dow, s&p and nasdaq, any gain will get it at a record at the close. >>> all right, just 24 hours after the biden administration rolled out new tailpipe rules to push car buyers to hybrids and evs, infiniti goes the opposite direction. so what we're going to do is go out to fox square to unveil infiniti's new flagship suv, an internal combustion beast of a vehicle. we'll show you the coolest features and find out their strategy for selling it to americans. ♪ ♪ ♪ this is not just another e-class. because it evolves with you. it adapts to you. engineering. it is the first e-cla
we have more of my interview i with intel ceo pat gelsinger in about 20 minutes. you've got to hear what he says specifically about the money that he got from the government yesterday. and the chips act a. now to recap, reddit soaring in its first day of trading on the new york stock exchange. the social media stock ticking under the ticker symbol rddt, chip maker micron hitting a record high amid soaring demand for its a.i. hardware, and markets, yeah, right now at all-time records. the dow,...
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Mar 13, 2024
03/24
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there's a 2.5 billion dollar intel grant that is scrapped. they were expecting another $10 billion from the c.h.i.p.s. act. shares are down 1.1%. >>> griffin has a warning. the worst thing the fed could end up doing is cutting, pausing, and changing direction back toward higher rates. >>> coinbase announces a $1 billion debt deal. shares of coinbase are up almost half a percent. coinbase benefiting from renewed optimism of bitcoin which is hitting an all-time fresh high, on this show. take a look at bitcoin right now trading at basically 73,260. >>> stocks, they're looking to keep the records rolling after the s&p 500 hit its 17th record close of the year yesterday. hard to believe. 17, wow. but it's not just the markets in the u.s. that are climbing to record or near record-highs so far in 2024. in addition to the msci indexes. they have all touched fresh highs. those six markets, they account for more than 75% of the market cap for the msci's all-country world index. also for the first time since 2021, nearly one third of the 47 markets inc
there's a 2.5 billion dollar intel grant that is scrapped. they were expecting another $10 billion from the c.h.i.p.s. act. shares are down 1.1%. >>> griffin has a warning. the worst thing the fed could end up doing is cutting, pausing, and changing direction back toward higher rates. >>> coinbase announces a $1 billion debt deal. shares of coinbase are up almost half a percent. coinbase benefiting from renewed optimism of bitcoin which is hitting an all-time fresh high, on...
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Mar 20, 2024
03/24
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in about an hour from now he's going to tour an intel facility in arizona to discuss the us' role in an industry in which many countries are competing and that is crucial to the future of the global economy — powering everything from electric vehicles to artifical intelligence. $8.5 billion is going directly to the chipmaker intel to help it make more chips in the us. it's also getting billions more in loans. the aim is for 20% of the world's computer chips to be made in the us by the end of the decade. our correspondent, erin delmore, is in new york. just talk to us about this announcement and what it could mean for america's place in that really competitive chip market. america, as ou said, competitive chip market. america, as you said. is — competitive chip market. america, as you said, is working _ competitive chip market. america, as you said, is working on _ competitive chip market. america, as you said, is working on getting - competitive chip market. america, as you said, is working on getting a - you said, is working on getting a 20% share of chip—making worldwide over
in about an hour from now he's going to tour an intel facility in arizona to discuss the us' role in an industry in which many countries are competing and that is crucial to the future of the global economy — powering everything from electric vehicles to artifical intelligence. $8.5 billion is going directly to the chipmaker intel to help it make more chips in the us. it's also getting billions more in loans. the aim is for 20% of the world's computer chips to be made in the us by the end of...
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Mar 26, 2024
03/24
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RUSSIA24
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just this week it became known that beijing has banned the use of intel and amd processors in computers for government agencies. according to a document cited by the register, 18 processors are recognized as safe. there are no western brands on the list at all. however, the only approved processor based on the x-86 architecture familiar to computers is produced by shanghai integrated. circuit company limited outside share belongs to the taiwanese veotechnologies, which has a license for the x86 architecture and which once tried, if not to become a global competitor to intel amd, at least to find its place in the segment of low-cost laptop computers. well, the rest of the suppliers of processors based on the arm architecture and risk-5 operating systems, approved by the authorities china, purely local, while in may of this year the deadline expires by which the chinese public sector must completely switch to domestic computers. well, a few words about lifting restrictions. nolan arbo, paralyzed from the neck down, the very first person to have a chip implanted into his brain from nerolin
just this week it became known that beijing has banned the use of intel and amd processors in computers for government agencies. according to a document cited by the register, 18 processors are recognized as safe. there are no western brands on the list at all. however, the only approved processor based on the x-86 architecture familiar to computers is produced by shanghai integrated. circuit company limited outside share belongs to the taiwanese veotechnologies, which has a license for the x86...
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Mar 27, 2024
03/24
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, intel, warner brothers, xl energy. no other big -- well, intel's a big name. check the 10-year treasury yield it's down. it's below 4.25%. the price of gold morning, well above $2,200 per ounce, 2209, to be precise. bitcoin's at $70,900. oil right around $80 per barrel, 81 right now. nat gas below $2 still, $1.73. the average price for a gallon of regular all across the country, $3.53. it's nearly $5 in california. diesel, $4.05. no change there overnight. >>> coming up, karine jean-pierre does not want to be asked about the president's mental fitness. watch this. >> reporter: would you please just ask her, does the president have dementia? >> mark, i can't even believe you're asking me that question. with that, thank you so much, mark. have an amazing, amazing day. >> wow! stuart: that was a hang-up. they don't want to deal with this or issue, do they? if. >>> an expert warned lack of sleep could trigger mental and physical health issues, so how much sleep do we actually need? dr. marc siegel will answer that question
, intel, warner brothers, xl energy. no other big -- well, intel's a big name. check the 10-year treasury yield it's down. it's below 4.25%. the price of gold morning, well above $2,200 per ounce, 2209, to be precise. bitcoin's at $70,900. oil right around $80 per barrel, 81 right now. nat gas below $2 still, $1.73. the average price for a gallon of regular all across the country, $3.53. it's nearly $5 in california. diesel, $4.05. no change there overnight. >>> coming up, karine...
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Mar 20, 2024
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. >> intel thought you are a game company. i know you presented there. >> we are happy that anybody thinks of us at all. we were so good at it. in fact, nvidia is the world's best game technology chip company today. we have -- i'm so proud of the work that we do there. you know, as you know, game is assimilation of the virtual world. >> because of this, because from denny's all the way, somehow, you are still the underdog. you are hungry. you make it feel like your company is going to go out of business in 30 days. >> you know, jim, that is probably something related to upbringing. you know? you know, we grew up working hard. my parents worked hard. we are immigrants. >> you arrived here before that when you were nine. >> yes. yes. my older brother brought me to the united states. he was 10. we had a 10-year-old bring a nine-year-old to the united states. we had quite a great life, you know? but we had to work for it and we were immigrants and we took nothing for granted. my parents worked incredibly hard. they worked incredib
. >> intel thought you are a game company. i know you presented there. >> we are happy that anybody thinks of us at all. we were so good at it. in fact, nvidia is the world's best game technology chip company today. we have -- i'm so proud of the work that we do there. you know, as you know, game is assimilation of the virtual world. >> because of this, because from denny's all the way, somehow, you are still the underdog. you are hungry. you make it feel like your company is...
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Mar 16, 2024
03/24
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CSPAN3
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it's the intel. but they are not necessarily ai experts. it is hard to accumulate that kind of expertise. >> it is something we are looking deeply at the commission. we focus on what we call bio literacy. how do you improve the understanding of not only the general public, but also of policymakers in biotechnology? this is something we are thinking deeply about. what you described makes it difficult to grapple with these issues without that expertise, so we are looking at things like boot camps that bring some of this technology to policymakers and how that could be operationalized. >> just a highlight, the reality that the coordinating mechanism in the government is the office of the presidency. there's a band with issue and that is a concern. you're trying to pull together agencies with disparate missions , and when we wrestled with this issue and the bipartisan commission on bio defense, that authority resided in the office of the vice president. there are practical problems but part of the reason behind that recommendation was to highli
it's the intel. but they are not necessarily ai experts. it is hard to accumulate that kind of expertise. >> it is something we are looking deeply at the commission. we focus on what we call bio literacy. how do you improve the understanding of not only the general public, but also of policymakers in biotechnology? this is something we are thinking deeply about. what you described makes it difficult to grapple with these issues without that expertise, so we are looking at things like boot...
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Mar 14, 2024
03/24
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they're coming to the market, seeing a broadening out whether it's intel, del, other beneficiaries. how much will an nvidia capture in the a.i. space going forward? those are remarkably high standards to beat. we think that's in the price, and if they do it, that's good on them, but it's a difficult thing to do. >> speak to the question of this market resembling to the extend it does or doesn't, the market of 1999-2000. that was a period where 2eky and growth stocks werezooming ahead. the market was concentrated in a few stocks there. dell comes to mind. cisco comes to mind, others as well. is that a fair analogy to today's market, or is today's market sufficiently different that we needn't worry about a bubble and a bursting of the bubble? >> the biggest difference today, these are much higher quality companies than what we saw in 2000. not in terms of their future prospects. cisco turned out to be an incredibly strong company and has a very long record of success. nvidia is making tons of money. microsoft is making tons of money. these are huge companies at scale that are high qua
they're coming to the market, seeing a broadening out whether it's intel, del, other beneficiaries. how much will an nvidia capture in the a.i. space going forward? those are remarkably high standards to beat. we think that's in the price, and if they do it, that's good on them, but it's a difficult thing to do. >> speak to the question of this market resembling to the extend it does or doesn't, the market of 1999-2000. that was a period where 2eky and growth stocks werezooming ahead. the...
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Mar 25, 2024
03/24
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welcome, alphabet and intel formed a consortium to take on nvidia and its entire ai platform. world renowned physicist here in a fox news exclusive to take on all this and why he says this may be moved because of the world where ai won't need semiconductors to run is already starting to form. can't wait to hear what he says about the. stocks mostly in the red but we have micron at a record and nvidia both helping hoist nasdaq 100 into positive territory but if you want to see the big leader, look at crude oil. energy right now, crude in the aftermarket session by about 2%, $82.14 a barrel. fifty-seven minutes left to trade before the closing bell, blackrock's u.s. head of etf jake jacobs. as well as energy is doing, to stroke but claims because finally you've got the big corn etf but look at the going, it's skyrocketing, 13% or $8,011,501 to 70780. here is the two day picture. whatever is behind this, the i sure big corn etf is a huge recipient, that's up 11% right now. what does it say to you about your push to have bitcoin etf? >> first we recognize that.is volatile asset. w
welcome, alphabet and intel formed a consortium to take on nvidia and its entire ai platform. world renowned physicist here in a fox news exclusive to take on all this and why he says this may be moved because of the world where ai won't need semiconductors to run is already starting to form. can't wait to hear what he says about the. stocks mostly in the red but we have micron at a record and nvidia both helping hoist nasdaq 100 into positive territory but if you want to see the big leader,...
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Mar 20, 2024
03/24
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MSNBCW
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intel has been on the front lines. just two years ago in 2022, intel announced a $20 billion semiconductor chip manufacturing plant in ohio. they're also announcing an expansion of investments towards plant manufacturing in new mexico here. this is for the biden administration, a victory and a win. of course when you're talking about chip manufacturing, there is concern about the fact that the great majority, about 60% of semiconductors currently being manufactured globally are based in taiwan. we saw in 2021, a semiconductor shortage, going to other technologies. and that is where this biden administration put greater focus on having actual domestic chip production here. there is a great amount of chip design that comes out of the united states, but instead, there's an increased emphasis on actually producing the plants here. that is where you saw senators kyrsten sinema and mark kelly of arizona on the front lines. you saw congressman greg stanton, other democratic officials who are going to be standing alongside joe
intel has been on the front lines. just two years ago in 2022, intel announced a $20 billion semiconductor chip manufacturing plant in ohio. they're also announcing an expansion of investments towards plant manufacturing in new mexico here. this is for the biden administration, a victory and a win. of course when you're talking about chip manufacturing, there is concern about the fact that the great majority, about 60% of semiconductors currently being manufactured globally are based in taiwan....
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Mar 11, 2024
03/24
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FOXNEWSW
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are you all seeing intel that matches that of the threat assessment being very, very high? >> absolutely, and it's great that director wray has been so forthcoming. you know, this is a very rare series of hearings both today in front of the the senate and tomorrow in want from of the house where people get to see a public hearing where the intelligence communities are able to visit with intelligence, defense and law enforcement. director wray has been, you know, as he has been saying all lights are flashing red. and he, of course, attributes this directly to what is happening at the southern border. people who have entered the country which they don't have an understanding of where they might be or what their intentions are. but they do know of the nexus between a relationship between them and terrorist groups and organizations and that's why he is sounding the alarm. >> bret: congressman himes, at one point in that hearing, as you look at that hearing, director wray said he wanted to be careful what he could talk about in open session. but there's a particular network of s
are you all seeing intel that matches that of the threat assessment being very, very high? >> absolutely, and it's great that director wray has been so forthcoming. you know, this is a very rare series of hearings both today in front of the the senate and tomorrow in want from of the house where people get to see a public hearing where the intelligence communities are able to visit with intelligence, defense and law enforcement. director wray has been, you know, as he has been saying all...
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Mar 25, 2024
03/24
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intel is down 15% this year, this morning down 3% on the news. amd is down 2 right now but it's up nearly 22% year-to-date as you can see. we'll take -- over the last year, rather. quick break and then president biden signs another 1 and a quarter trillion dollars in spending into law, republicans slamming the handout towards a new fbi headquarters. congressman ralph norman is here to talk about what people are saying is an untenable level of spending, he'll join me next. then judgment day for president trump as new york officials are looking to seize some of his assets as soon as today. we're on it. stay with us. back in a minute. ♪ how can you just leave me standing alone in a world that's so cold. ♪ maybe i'm just too demanding morikawa on 18. he is really boxed in here. -not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? -anybody see it? oh wait, there it is! -back into play and... aw no, it's in the water. wait a minute... are you kidding me? you got to be kidding me. rolling toward
intel is down 15% this year, this morning down 3% on the news. amd is down 2 right now but it's up nearly 22% year-to-date as you can see. we'll take -- over the last year, rather. quick break and then president biden signs another 1 and a quarter trillion dollars in spending into law, republicans slamming the handout towards a new fbi headquarters. congressman ralph norman is here to talk about what people are saying is an untenable level of spending, he'll join me next. then judgment day for...
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Mar 21, 2024
03/24
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their own, americans know that xi intends to return taiwan to his native harbor, so biden instructs intel to build a semiconductor plant worth 20 billion billion, which is already 100 billion, but the question is different, that there are approximately four states there, so there are several stages, as it were, here the second stage is only 20, in general more than 100, then the problem is to spend another 100 intel, the problem is the following, the problem is that 30% of these amounts will go directly to construction, to concrete, that is, for basic, capital costs, which , in fact, greatly support the economy, and the rest will go to production, by the way, to the purchase of equipment, which in most cases is not produced in the usa, this is an investment in the dutch economy, this is an investment into the economy of japan and at this stage also taiwan, so to the question that this is also part of the electoral process inside, what this leads to, look at the situation in ireland, today is the news of the day, so the irish example is gone, well, you there i am i understand, so talk sepa
their own, americans know that xi intends to return taiwan to his native harbor, so biden instructs intel to build a semiconductor plant worth 20 billion billion, which is already 100 billion, but the question is different, that there are approximately four states there, so there are several stages, as it were, here the second stage is only 20, in general more than 100, then the problem is to spend another 100 intel, the problem is the following, the problem is that 30% of these amounts will go...
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Mar 25, 2024
03/24
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BLOOMBERG
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check out amd and intel, amd now up but intel has stay lower. it has paired his declines. the financial times is reporting that china's finance ministry and its information technology ministry are issuing new guidelines whereby government entities have to source chips for servers and servers in their entirety from domestic suppliers , a move away from foreign providers. this is the latest in what has become a hostile domain. the u.s. is putting forward technology export curves to china. now china is responding with technology and put restrictions limiting what government agencies and state backed companies can use. intel has 25% of its revenues from china. the impact to stata center business, we will have to see. this is bloomberg technology. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh you have to make it. and if you want a s
check out amd and intel, amd now up but intel has stay lower. it has paired his declines. the financial times is reporting that china's finance ministry and its information technology ministry are issuing new guidelines whereby government entities have to source chips for servers and servers in their entirety from domestic suppliers , a move away from foreign providers. this is the latest in what has become a hostile domain. the u.s. is putting forward technology export curves to china. now...
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there is an element of balloon they say a trial balloon, by mark trump sales with these had obviously intel conversations before the before he would say something so serious and then we have to come back to what lloyd austin said a few days before my crow light austin said x truly, if you print blues is made to be at war with rush. so this is the kept out of the back. every body following 2 years of after the beginning of this special military operation, everybody knows. but now the fence have gone the saints out loud. and then immediately after that, my crow double snell. uh, saying something that's uh, some nato allies. the eastern europeans especially are dying. okay. we need direct and we need nato troops, ukraine, and all those. the even friends spend the germ especially know that this is a sweet side note. so we see there's a good cop bad cop being played out now in public, which reveals most of all the internal disarray of nato and the you for that matter . the split between france and germany and the americans and the, the elias that jump minute those read you want, which is longdon
there is an element of balloon they say a trial balloon, by mark trump sales with these had obviously intel conversations before the before he would say something so serious and then we have to come back to what lloyd austin said a few days before my crow light austin said x truly, if you print blues is made to be at war with rush. so this is the kept out of the back. every body following 2 years of after the beginning of this special military operation, everybody knows. but now the fence have...
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Mar 1, 2024
03/24
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women with guns to guard that will make it your border patrol is well resourced to do that work and intel gathering on both sides of the wall so we know what is happening. we also need to define these cartels is foreign terrorist organizations we know exactly what is happening its precursor chemicals from china mixed together in mexico for their stroke smuggled across the border we have to be clear we are willing to use any force that we need to use in order to stop these people from killing our fellow americans. the need to be clear about deportation anybody you came here illegally should be deported i have said when you start the bite and searching to go on to the dangerous people and keep on working until we have deported everyone the absolute possibly can and next, no amnesty no citizenship, and a birthright citizenship, no access to the asylum process for anyone who comes into this country illegally. >> a bipartisan group of u.s. senators recently brokered a deal that would impose tougher asylum and border laws. if you were in the senate would you have supported that bill customer te
women with guns to guard that will make it your border patrol is well resourced to do that work and intel gathering on both sides of the wall so we know what is happening. we also need to define these cartels is foreign terrorist organizations we know exactly what is happening its precursor chemicals from china mixed together in mexico for their stroke smuggled across the border we have to be clear we are willing to use any force that we need to use in order to stop these people from killing...
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Mar 15, 2024
03/24
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BLOOMBERG
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intel also is planning on getting some cash too. so they are beginning to move down this process of doling out the money that will help build the domestic semiconductor industry. haidi: that package said to be over $10 billion. also hearing about money being set aside for military use. doing know what these packages comprise of? are they financing guarantees, and does that make a difference for a company like samsung? peter: it is a combination of things. the grants are the money they would prefer to have some of these facilities. the loans, at some point you have to pay that money back. but there are some strings attached that have caused some hesitation. the commerce department has put some conditions on these process. that is part of why this process has been quite slow in the u.s. compared to some other places, particularly here in japan. tsmc is building a plant here in japan and also trying to build one in the u.s. and it has gone much more quickly in japan. they built it in a very short amount of time. in the u.s. it has been
intel also is planning on getting some cash too. so they are beginning to move down this process of doling out the money that will help build the domestic semiconductor industry. haidi: that package said to be over $10 billion. also hearing about money being set aside for military use. doing know what these packages comprise of? are they financing guarantees, and does that make a difference for a company like samsung? peter: it is a combination of things. the grants are the money they would...
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Mar 23, 2024
03/24
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ALJAZ
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and to me, blinking land intel a be to meet with top is really officials. but this time with a shift in tone. it's blinking 6th visit to israel since october 7th, and this was a chance to express washington's disapproval of the impending ground invasion of gauze. the southern most city rough is a major military ground operation process is not the way to do it at risk killing more civilians. it was a routine greater having with the version of the manager and assistance. it was further isolating is really around the world and jeopardize is long term security in spanish. but prime minister benjamin netanyahu maintains a round, defensive and drop off is the only way to achieve what he calls an absolute victory . sure, a little bit. we have no way to defeat him, us without entering rasa in eliminating the rest of the home aust. battalions there and i told him that i hope we will do it with the support of the united states. but if we have to we will do it alone. despite that threat, israel has sent a delegation to dell, how, or talks with hamis or on going to sec
and to me, blinking land intel a be to meet with top is really officials. but this time with a shift in tone. it's blinking 6th visit to israel since october 7th, and this was a chance to express washington's disapproval of the impending ground invasion of gauze. the southern most city rough is a major military ground operation process is not the way to do it at risk killing more civilians. it was a routine greater having with the version of the manager and assistance. it was further isolating...
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Mar 21, 2024
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intel has maybe lost a step when it comes to chips. the bleeding edge chips today are made in taiwan and south korea, fabricated in those countries. a lot of that is due to missteps at intel itself. so do we give them support to bring forward? you can see the case for that. i think each case is an needs to be taken on its own merits. >> tim cook today is in washington, d.c. with legal representation. that's what's been driving the stock to some extent. the failure to find significant growth in markets outside the u.s. and the difficulties outside china and in the u.s. to get that big upgrade cycle we have been looking for. where are week? are we on track to put ai tools on a new iphone this year? >> the reporting from our colleague suggests there will be ai tools on iphones perhaps this calendar year. will they be developed by apple? that looks less likely or decreasing likely to be the case. it seems as though it could be google's offering, gemini, powering some of the ai stuff when you interact with siri, for instance. apple is makin
intel has maybe lost a step when it comes to chips. the bleeding edge chips today are made in taiwan and south korea, fabricated in those countries. a lot of that is due to missteps at intel itself. so do we give them support to bring forward? you can see the case for that. i think each case is an needs to be taken on its own merits. >> tim cook today is in washington, d.c. with legal representation. that's what's been driving the stock to some extent. the failure to find significant...
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Mar 21, 2024
03/24
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staying with the us, intel has received nearly $20 billion in grants and loans from the us government, in one of the largest investments made in the american semiconductor industry. it's part of the chips act, which is aimed to boost production in the domestic chip industry to reduce reliance on china and taiwan. the tech giant's plans for the money include building the largest ai chip plant in the world in ohio, starting in 2027. social media platform reddit has priced its initial public offering at the top of its targeted range ahead of making its stock market debut. the price is set at $34 a share, giving reddit a valuation of around $6.4 billion. this offering comes as the tech sector is seeing a big slowdown in ipos. to india now, where china—owned mg motors and indian conglomerate jsw group have entered into a newjoint venture. the companies have charted an ambitious roadmap for electric vehicle production. it comes days after the indian government announced more support for the industry. nikhil inamdarjoins us now from mumbai. nikhil, give us the details. that's right. if you
staying with the us, intel has received nearly $20 billion in grants and loans from the us government, in one of the largest investments made in the american semiconductor industry. it's part of the chips act, which is aimed to boost production in the domestic chip industry to reduce reliance on china and taiwan. the tech giant's plans for the money include building the largest ai chip plant in the world in ohio, starting in 2027. social media platform reddit has priced its initial public...
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Mar 27, 2024
03/24
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you look at the chair of the senate intel committee, mark warner hasconfidential briefingt scared the dickens out of him. it's a very real threat and it's not simply about tiktok as an entity that has some ties back to china, there are plus factors with that we know from its own conduct that there is a serious problem. that's why you see everyone in national security is raising an alarm on it. this is a bill that has an appropriat that. >> in terms of the fcc's jurisdiction over communications networks and the national security issues there, give us your perspective on how we ensure that our communications network stays safe and secure. >> ttok in the main focus of action will be congress other than the sec that have extensive authorities. when you look at national security threats generally, we have some expertise. we've come to data flows and entities that are all u.s. on huawei. we then moved and took action with the carrier levels on china mobile and china unicom and other carriers. now we need to get win at the application level because secure devices, superior networks don't mea
you look at the chair of the senate intel committee, mark warner hasconfidential briefingt scared the dickens out of him. it's a very real threat and it's not simply about tiktok as an entity that has some ties back to china, there are plus factors with that we know from its own conduct that there is a serious problem. that's why you see everyone in national security is raising an alarm on it. this is a bill that has an appropriat that. >> in terms of the fcc's jurisdiction over...