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Exclusive-Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
Reuters70d agoneutral
Exclusive-Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

Nvidia has told Chinese clients that its new "Vera" central processors for AI data centres could be available as soon as August and that they can begin placing orders, three sources familiar with the matter said. Nvidia's market share in China has effectively fallen to zero, its CEO Jensen Huang said in October, hurt by U.S. export controls on advanced ​chips and Beijing's push for self-reliance in key technologies. The move also raises the stakes in its competition with major CPU firms Intel and AMD, which are racing to increase supplies of server CPUs for AI data centres.

Nokia Extends AI Networking And Quantum Security Push With 5G Partnership
Simply Wall St.70d agobullish
Nokia Extends AI Networking And Quantum Security Push With 5G Partnership

Nokia Oyj (HLSE:NOKIA) has launched Deepfield Genome Shield, an AI based DDoS protection solution focused on security automation for telecom and cloud networks. The company has partnered with Quantropi to work on carrier grade, quantum safe key distribution for future resistant networking. Nokia is working with Indosat Ooredoo Hutchison and NVIDIA to modernize Indonesia’s 5G networks using AI centric technologies. For investors watching HLSE:NOKIA, these moves highlight how the company is...

NVIDIA Corporation (NVDA): A Forever Stock to Buy amid Growing Business Ties in Korea
Insider Monkey70d agobullish
NVIDIA Corporation (NVDA): A Forever Stock to Buy amid Growing Business Ties in Korea

NVIDIA Corporation (NASDAQ:NVDA) is one of the best forever stocks to buy according to analysts. On June 8, South Korean SK Telecom announced it will leverage NVIDIA Corporation (NASDAQ:NVDA)’s DSX platform to build a gigawatt-scale AI cloud infrastructure. The AI factory is poised to come online next year and will support AI services for enterprises […]

Is Jeff Bezos’ New Startup An Even Bigger Idea than Amazon? He Tells CNBC it Will Drive ‘Civilizational Wealth.’
24/7 Wall St.70d agoneutral
Is Jeff Bezos’ New Startup An Even Bigger Idea than Amazon? He Tells CNBC it Will Drive ‘Civilizational Wealth.’

Jeff Bezos sat down with CNBC on June 11, 2026, to make the case that his next act could become even bigger than Amazon. As co-founder and co-CEO of Prometheus, Bezos is pitching a thesis that tries to answer one question: What actually makes societies rich? His answer is invention. “What drives the wealth of ... Is Jeff Bezos’ New Startup An Even Bigger Idea than Amazon? He Tells CNBC it Will Drive ‘Civilizational Wealth.’

Cramer Calls Intel the “Number One Name” and “More Important Than NVIDIA.” The Stock Soars Today After a Massive Double Upgrade.
24/7 Wall St.70d agobullish
Cramer Calls Intel the “Number One Name” and “More Important Than NVIDIA.” The Stock Soars Today After a Massive Double Upgrade.

CNBC’s Jim Cramer used his June 11, 2026, “Mad Dash” segment on Squawk on the Street to deliver one of his most aggressive calls of the year, ranking Intel (NASDAQ:INTC) ahead of every other chip stock in his coverage universe. The catalyst was a dramatic analyst action that Cramer described as “a company which had ... Cramer Calls Intel the “Number One Name” and “More Important Than NVIDIA.” The Stock Soars Today After a Massive Double Upgrade.

‘I Feel Like It’s 1999 Again.’ CNBC Analyst Issues Dire Warning on Oracle Stock
24/7 Wall St.70d agoneutral
‘I Feel Like It’s 1999 Again.’ CNBC Analyst Issues Dire Warning on Oracle Stock

Cleo Capital Managing Director Sarah Kunst delivered a pointed warning on CNBC on Thursday, June 11, saying that with the mood around Oracle (NYSE:ORCL), “I feel like it’s 1999 again. We’ve got the Knicks and the Spurs in the final. We have Oracle being sort of the name on the street. But it’s not going ... ‘I Feel Like It’s 1999 Again.’ CNBC Analyst Issues Dire Warning on Oracle Stock

Wall Street Strategist: Stock Market Just Became a “Buyer’s Dream” After Recent Pull-Back
24/7 Wall St.70d agobullish
Wall Street Strategist: Stock Market Just Became a “Buyer’s Dream” After Recent Pull-Back

Emily Roland, Co-Chief Investment Strategist at Manulife John Hancock Investment Management, reframed this week’s selloff as an opportunity on Thursday, June 11, on CNBC’s Squawk Box. “We have been on a momentum freight train since the market lows back in late March. Certainly, seeing some overbought conditions, and we weren’t overly surprised here to see a little bit ... Wall Street Strategist: Stock Market Just Became a “Buyer’s Dream” After Recent Pull-Back

Amazon’s AI chip push gives rivals a new problem
TheStreet71d agoneutral
Amazon’s AI chip push gives rivals a new problem

Amazon (AMZN) has spent years establishing one of the most formidable cloud businesses in the world, but the artificial intelligence explosion is requiring every big cloud provider to face a tougher question. No longer is it enough to rent out computational power. Customers are now looking for ...