Finance

Nvidia’s $5 billion bet on Intel

Nvidia’s $5 billion bet on Intel

(Reuters) –Nvidia said on Thursday it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry weeks after the White House engineered a deal for the U.S. go...

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Financial data firm FactSet profit forecast misses estimates amid cautious spending

Financial data firm FactSet profit forecast misses estimates amid cautious spending

(Reuters) -FactSet on Thursday forecast annual adjusted profit below Wall Street estimates amid ongoing macroeconomic uncertainty that has made investors and clients more cautious about discrenti...

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Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs

Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs

NEW YORK (AP) — Nvidia, the world’s leading chipmaker, announced a new partnership on Thursday with struggling semiconductor company Intel. Nvidia and Intel will team up to work on custom d...

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AmEx upgrades Platinum cards with $3,500 annual perks, hikes fee by $200

AmEx upgrades Platinum cards with $3,500 annual perks, hikes fee by $200

By Niket Nishant (Reuters) -American Express unveiled long-awaited upgrades to its U.S. Platinum cards on Thursday, adding new perks worth over $3,500 annually while raising the annual fee by $200...

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Trump trade war fallout hits Argentine soy crushers despite export boom

Trump trade war fallout hits Argentine soy crushers despite export boom

By Maximilian Heath BUENOS AIRES (Reuters) -U.S. President Donald Trump‘s trade war with China has reverberated in Argentina, denting the country’s massive soy crushing industry even t...

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Nvidia bets big on Intel with $5 billion stake and chip partnership

Nvidia bets big on Intel with $5 billion stake and chip partnership

SAN FRANCISCO (Reuters) – Nvidia on Thursday said it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry, but stopped short of giving Intel a crucial m...

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