The Tech Download: What you might have missed in Nvidia’s earnings — a $200 billion opportunity and edge computing
Recent developments in the tech sector highlight significant financial movements and opportunities. The U.S. government is set to distribute $2 billion in grants to nine quantum computing firms, while Anthropic is projected to exceed its previous year's revenue in the second quarter. Additionally, OpenAI is preparing for a potential IPO, and AMD plans to invest heavily in Taiwan's semiconductor industry.
- ▪The U.S. government announced $2 billion in grants for nine quantum computing firms.
- ▪Anthropic is expected to generate $10.9 billion in revenue in the second quarter.
- ▪OpenAI is preparing to file a draft IPO prospectus, potentially leading to a major public market debut.
- ▪AMD will invest over $10 billion in Taiwan's semiconductor and AI ecosystem.
- ▪There is a growing frenzy around Pokémon cards, leading to sellouts in various regions.
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| Original publisher | CNBC — Tech |
| Canonical URL | https://www.cnbc.com/2026/05/22/the-tech-download-what-you-might-have-missed-in-nvidias-earnings.html |
| Publication time | Fri, 22 May 2026 11:00:01 GMT |
| Retrieval time | 2026-05-22T11:17:01.334Z |
| Last seen | 2026-05-22T11:17:01.334Z |
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Opening excerpt (first ~120 words) tap to expand
Quantum computing shares popped on Thursday, after the U.S. government announced it would award $2 billion in grants to nine firms operating in the space.Anthropic is on track to generate $10.9 billion in revenue during the second quarter, CNBC confirmed on Wednesday, a figure that would top the AI company's sales for all of last year.OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, as the company gears up for what could be one of the largest public market debuts in history, CNBC confirmed on Wednesday.AMD said it will invest more than $10 billion across Taiwan's semiconductor and AI ecosystem to advance chip production and performance.A Pokémon card boom is fueling queues, sellouts and frenzy at retailers in Britain, the U.S.
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