Tag Archives: Billion

Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate with the struggling semiconductor company. Nvidia said it will spend $5 billion to buy Intel common stock at $23.28 a share. The investment, which is subject to regulatory approvals, comes a month after the U.S. government took a 10% stake in Intel. …

Undeterred by the recent ICE raid that rounded up hundreds of its workers in Georgia, Hyundai announced a fresh slate of investments in the US, including $2.7 billion into the EV battery factory where the raid took place. The automaker also plans to release a range of new electrified models, including extended-range EVs and over a dozen hybrid vehicles by …

Nvidia plans to invest $5 billion in chipmaker Intel as the two Big Tech companies have agreed to co-develop data center and PC chips. The news comes on the heels of the U.S. government acquiring a 9.9% stake in Intel via an $8.9 billion investment in the company last month. Intel shares spiked 29% in pre-market trading Thursday on the …

Intel Stock Soars 28%. Nvidia to Invest $5 Billion in Chip Maker.  Barron’s Nvidia to Buy $5 Billion Stake in Intel  The New York Times NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products  NVIDIA Newsroom Nvidia to invest $5 billion in Intel and co-develop chips  Axios Intel’s stock is soaring. Why Nvidia is investing $5 billion in the chip maker.  MarketWatch Source …

Forward Industries doubles down on Solana strategy with $4 billion equity offering  The Block SOL News: Forward Industries Launches $4B ATM Offering to Expand Solana Treasury  CoinDesk Building the Future: Why Galaxy is Sponsoring a Solana DAT  galaxy.com The 5 Largest Publicly Traded Solana Treasury Firms  Decrypt Solana corporate treasuries hit $4B as companies scoop up 3% of supply  Cointelegraph Source link

The Washington Commanders are officially returning to the District of Columbia. The D.C. Council, in an 11-2 vote late Wednesday afternoon, gave second and final approval for a $3.8 billion project that will build a covered 65,000-seat stadium on the old RFK Stadium site, along with a massive mixed-use development project in the surrounding neighborhoods that will create multiple entertainment …

D.C.’s $3.7 billion Commanders stadium deal gets final council approval  The Washington Post Commanders given final approval for D.C. return  ESPN RFK Stadium deal faces final DC Council vote, with city leaders confident  WTOP Washington D.C. City Council approves Commanders’ return to RFK Stadium site  NFL.com The D.C. Council is back. Here’s what lawmakers are up to.  The 51st Source link

The United Kingdom and the United States have agreed on a new technology deal that links the two nations in artificial intelligence, quantum computing, and nuclear energy. The plan is backed by about £31 billion, about $39 billion, in private investment from large American firms, alongside new government research efforts. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at …

When you buy through links on our articles, Future and its syndication partners may earn a commission. An illustration shows NASA’s OSRIS-APEX spacecraft as it watches the asteroid Apophis zoom past Earth in April 2029. | Credit: Robert Lea/NASA An asteroid once thought to pose a threat to Earth may be visible to the naked eye for up to two …

The Apple CEO said his company’s recent $600 billion investment to build factories across the U.S. will create a “domino effect,” boosting manufacturing in the country. “We can’t be everywhere. I wish we could, but we are putting $600 billion to work in the next four years,” Cook told CNBC’s Jim Cramer during a TV interview on Monday. “And so …