China's $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
China’s new third chip fund will likely focus on advanced chips and establishing the entire supply chain, said Winston Ma, adjunct professor at NYU School of Law.
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CNBC Daily Open: Nasdaq tops 17,000; Exxon faces shareholder revolt
Texas Instruments has become the latest company targeted by activist investor Elliott, which has taken a $2.5 billion stake in the chipmaker.
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Asia markets mostly lower after investors assess Australia inflation data
Investors in Asia assessed Australia’s inflation numbers for April, with the weighted consumer price index rising above expectations at 3.6%.
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Cramer's Lightning Round: Apple is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Jim Cramer explains why stock splits can bring gains
Using Nvidia’s announcement last week of its 10-for-1 stock split as an example, CNBC’s Jim Cramer explained why such moves can give companies a boost.