The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for legacy semiconductors remains subdued.

Mike Kamerlander, president and CEO of the Hays Caldwell Economic Development Partnership, labeled 2024 as "very busy," in terms of prospects. In terms of interest, he said it's overwhelmingly manufacturing and logistics along transportation routes. But the area is starting to see an uptick in data centers and defense-related companies.

That schism in demand between AI chips and legacy semiconductors created diverging fortunes for chip makers. Those with significant AI exposure like Nvidia have grown exponentially, but companies that mostly sell chips to the automotive sector and makers of industrial-equipment have struggled.

Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to preview Tesla's quarterly earnings results, Elon Musk's leadership at the company, the company's self-driving ambitions, and more.

Highlighting a 55% Increase in Tesla Users, Now Over 700K+ Since Jan. 1st- Including 350K+ Ad-Supported Tesla Users- $40+M in New B2B

HONG KONG (AP) — Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose.

Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where autonomous vehicle regulations are concerned.

President Donald Trump is vowing that hefty tariffs on goods from Mexico, Canada and China will kick in Feb. 1, the beginning of potential trade wars that could raise costs in Austin and throughout the United States on everything from toys to construction products.

The University of Texas has implemented a new living lab, the UT Water Hub, which will divert wastewater and treat it for use in the campus’ cooling towers, reducing the amount of domestic

The surge in Chinese AI chat assistant DeepSeek to the top of the Apple app charts couldn’t have been better timed to put pressure on the biggest U.S. technology companies. Four of the Magnificent Seven companies–the tech titans that powered huge gains in stock indexes over the past two years–report earnings this week.

As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on the origins of the Model S and the future of EV charging.

Vodafone has carried out what it says is the UK's first satellite-enabled smartphone video call in a bid to end 'not spots'