County Santa Clara Financial News

Lori Chavez-DeRemer is poised to become the U.S. Secretary of Labor under President Donald Trump, having cleared a key Senate procedural vote. A former congresswoman and Oregon mayor, she has a complex political history, once backing pro-labour policies but later aligning with Republican priorities. Her confirmation could shape labour laws, union rights, and workplace regulations in Trump's second term. With support from labour unions and some Democratic senators, her nomination signals both continuity and change for the Labour Department.

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow.

Trump's executive order seeking to force so-called sanctuary jurisdictions to cooperate with his immigration crackdown and mass deportations.

Subscribe to enjoy similar stories. Advanced Micro Devices is investing $20 million in Absci, a drug-discovery company based in Washington state, in a move aimed at selling its artificial intelligence chips in the healthcare sector. The deal is structured as a private investment in a public equity and includes an equity stake in Absci.

Subscribe to enjoy similar stories. During Donald Trump ’s first administration, China learned that it couldn’t match the much larger U.S. economy’s tit-for-tat when it came to tariffs, and quickly found other ways to try to inflict pain—often by borrowing from his playbook.

The Corcoran Group founder Barbara Corcoran argues that a massive mortgage rate drop would be ‘tremendous’ for the markets during an appearance on ‘Cavuto: Coast to Coast.’

Shares of Nvidia slid early Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws

State health officials say the bird flu virus was detected in a retail sample of raw milk from a dairy in Fresno, California

Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust

Building the current crop of artificial intelligence chatbots has relied on specialized computer chips pioneered by Nvidia, which dominates the market and made itself the poster child of the AI boom

The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon to look for ways to dramatically cut federal regulations

Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence. 1968 — Robert Noyce and Gordon Moore found Intel, helping reshape California's Santa Clara Valley from fruit orchards into the Silicon Valley tech hub. 1971 — Intel introduces the 4004, the world's first commercially made programmable microprocessor, with 2,300 transistors. These were among the first chips that could be programmed to perform specific functions, unlike previous processors that were hardwired only for a certain task — a turning point in the history of the semiconductor industry that laid the groundwork for the development of CPUs.

Akshay Kumar recently met Nvidia CEO, Jensen Huang. Based in Santa Clara, Nvidia Corporation is a multinational tech firm. Huang was on a visit to India. The ‘Khiladi’ shared a photo of himself posing with the billionaire and wrote on X, “Imagine meeting the world’s biggest authority on Artificial Intelligence and ending up chatting about martial arts!!! What an amazing man you are Mr #JensenHuang. Now I know why @nvidia is the absolute giant that it is (sic)," In the picture, Kumar and Huang are seen recreating a martial arts pose. The post went viral on X, gaining 13K likes. One X user quipped that the actor may be depicting Huang in a biopic. “We get it! @akshaykumar playing Jensen in the new biopic..” read the comment. Another commented, “Akshaya's next movie would be AI-generated, and it will perform better than his previous 3-4 year movies…” On Thursday, Nvidia introduced a streamlined artificial intelligence model crafted specifically for Hindi, one of India’s most spoken languages. The tech giant aims to tap into the country’s rapidly growing demand for AI solutions. Nvidia also announced that its CEO, Jensen Huang, will engage in a discussion with Mukesh Ambani, the chairman of Reliance Industries, during a conference in Mumbai.

Subscribe to enjoy similar stories. ORLANDO, Fla.—Nvidia Chief Executive Jensen Huang told thousands of business technology leaders that their companies must become artificial intelligence-powered organizations to prepare for what he calls a “new industrial revolution." Huang spoke onstage at market research and consulting firm Gartner’s IT Symposium/Xpo event in Orlando on Tuesday, making the case that chief executives and chief information officers simply need to get started with AI, and the rest will follow.

Nvidia closed at their highest ever on Monday, putting the heavyweight AI chipmaker on the brink of dethroning Apple as the world's most valuable company. With investors betting on strong demand for its current and next-generation AI processors, the Santa Clara, California company's stock climbed 2.4% to end the day at $138.07.

Subscribe to enjoy similar stories. Tech companies scouring the country for electricity to power artificial intelligence are increasingly finding there is a waiting list. In many places the nation’s high-voltage electric wires are running out of room, their connection points locked up by data centers for AI, new factories or charging infrastructure for electric vehicles.

Nvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to train and operate their AI systems.

Nvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to train and operate their AI systems