China denies Zelenskyy’s claim that Beijing is trying to disrupt Ukraine’s peace summit
China has denied allegations by Ukraine’s president that Beijing is pressuring other countries not to attend an upcoming Ukraine peace summit in Switzerland.
Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD
U.S. chipmaker Intel on Tuesday announced new artificial intelligence chips for data centers, as it looks to take on rivals Nvidia and AMD.
Europeans may be about to elect their most right-wing parliament in history
Far-right, populist parties are set to see significant gains in this week’s election, as a rising tide of euroskepticism ripples through the European Union.
India stocks tumble 6%, leading Asia lower as election vote count signals close contest for Modi
Stock gauges in India came off record highs hit on Monday, with the Nifty 50 index falling 6%, while the Sensex shed over 7%.
Bitcoin miners sink millions into AI businesses, seeking billions in return
Bitcoin miner Core Scientific is expanding its AI business through a $3.5 billion partnership with cloud company CoreWeave.
Toyota apologizes for cheating on vehicle testing and halts production of three models
Toyota Chairman Akio Toyoda apologized for massive cheating on certification tests for seven vehicle models as the automaker halted production of three of them.
‘Everyone is too scared to come’: Taiwan’s earthquake deals a blow to top tourism hotspot
As Asia’s tourism industry rebounds, Taiwan’s Hualien County struggles to attract travelers following a deadly earthquake in April 2024.
CNBC Daily Open: Dow drops on weak manufacturing data, GameStop soars
GameStop closed 21% higher after jumping more than 70%, as meme stock leader Keith Gill appeared to hold on to a massive position in the video game retailer.
The market has ‘completely missed’ this critical AI chip stock, says fund manager
The stock boasts gross margins of nearly 90% and over the past decade, the company’s pre-tax net profit margin has also risen to more than 30%.
Looking for top alternatives to Nvidia? These stocks still look cheap, according to the pros
Nvidia isn’t the only one benefitting from bullish sentiment on AI — other tech names also got a boost, leading the Nasdaq to close at a record high on May 24.
