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intel is not a software company. so, intel will be at a disadvantage. that said, look, it's very difficult to get engineers in our country. it's 50 to 1 between taiwan and us in terms of the number of engineers. the number of builders, very, very difficult, so i think this is a great thing that the commerce secretary is doing, and these plants would not be built because they're uneconomic without the subsidy. >> that's part of the problem. morris chang, the founder of tsmc, american, of course, he was at texas instruments for much of his life. he's an older gentleman now. he's complained about how expensive it is. in arizona, where they're trying to build a new fab. >> everything i know is from morris. i just read everything he does. he's a good friend of jensen's, and morris is someone who is idolized in the semiconductor capital equipment business, which, of course, is where the real ip is. the real intellectual property belongs to kla, to lam, and morris chang, godfather of the construction, used to be -- it used to be there was a -- jerry parker use
intel is not a software company. so, intel will be at a disadvantage. that said, look, it's very difficult to get engineers in our country. it's 50 to 1 between taiwan and us in terms of the number of engineers. the number of builders, very, very difficult, so i think this is a great thing that the commerce secretary is doing, and these plants would not be built because they're uneconomic without the subsidy. >> that's part of the problem. morris chang, the founder of tsmc, american, of...
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Mar 13, 2024
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intel declined to comment. a few weeks back when i spoke with the ceo and his team, they were under the impression they would be getting funding prior to the state of the union address by joe biden. but we know that hasn't been the case. recall even the commerce secretary spoke at intel's foundry event, highlighting this friendly environment. but two big questions remain, how much fund willing intel get from the department of defense and commerce, giving its promise to spend $40 billion on plants in ohio and arizona. keep in mind that the chips act only has about $39 billion for manufacturing. there's only 500 companies that have filed statements of interest. so if intel were to get that $3.5 billion number bloomberg is reporting, that's 9% of the pot and leaves less for other chip companies. the second unanswered question, will the funding have strings attached? in other words, intel would have to focus on military chips at the expense of more advanced chips, which could mean decent margins, but the yields of
intel declined to comment. a few weeks back when i spoke with the ceo and his team, they were under the impression they would be getting funding prior to the state of the union address by joe biden. but we know that hasn't been the case. recall even the commerce secretary spoke at intel's foundry event, highlighting this friendly environment. but two big questions remain, how much fund willing intel get from the department of defense and commerce, giving its promise to spend $40 billion on...
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shares of intel up just over 4.5%. pat gelsinger will have more on this on a first cnbc interview coming up at 9:30 a.m. eastern and again at 4:00. >>> speaking of chips, the u.s. is considering banning the china chip. shares of chip poet lay soaring. they announced a 50 for 1 split that gives shareholders 49 additional shares for every one that's currently held. shares up just about 5%. >>> macy's opens its books to suitors. both firms have offered macys $25 a share. that's up from the initial offer of $21 a share. shares of macy's essentially flat right now. >>> jpmorgan boosts its quarterly dividend. they may want to reconsider proposals for tightening capital rules. >>> and nasdaq says boerse dube will sell shares of stock reducing its stock from 10% to 15% making it nasdaq's second largest shareholders. >>> here's what to watch. the fed will release its latest monetary policy decision at 2:00 p.m. that's followed by jay powell's chair conference at 2:30. >>> ahead of that decision and the powell press conference,
shares of intel up just over 4.5%. pat gelsinger will have more on this on a first cnbc interview coming up at 9:30 a.m. eastern and again at 4:00. >>> speaking of chips, the u.s. is considering banning the china chip. shares of chip poet lay soaring. they announced a 50 for 1 split that gives shareholders 49 additional shares for every one that's currently held. shares up just about 5%. >>> macy's opens its books to suitors. both firms have offered macys $25 a share. that's...
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not sure that's good for intel. down 16%, that's telling you something about it relative to its peers. i think there's clear winners. broadcom is one of them, lam research and certainly we all know what nvidia means. >> i want to respond to bryn's comments. you're going to see nice earnings growth from intel going forward. >> what are you basing that on? >> maybe. not necessarily. >> basing it on 10% revenue growth that's forecast, on the earnings growth, and the fact that everybody is still so bearish on it, goldman has a sell on it. what am i paying for? what's assumed in the stock? really nothing. the highest expectations are possible. to me it's not a core position but is a good position. there are plenty other chips products to manufacture. you are seeing a rejuvenation in the laptop business that will be driven by a.i. >> you were here and we were talking about dell after their earnings, other phone makers including best buy. i know you are saying there are other chip plays but that doesn't seem to be where th
not sure that's good for intel. down 16%, that's telling you something about it relative to its peers. i think there's clear winners. broadcom is one of them, lam research and certainly we all know what nvidia means. >> i want to respond to bryn's comments. you're going to see nice earnings growth from intel going forward. >> what are you basing that on? >> maybe. not necessarily. >> basing it on 10% revenue growth that's forecast, on the earnings growth, and the fact...
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dow down 50 points the laggards are intel we will talk more about chipmakers later on in the show. followed by amd which is down 2% united airlines as well. we have news coming up later in the show about them. >>> the markets are headed for a lower open, but that is not stopping the imagination at goldman sachs. the bank sticking with the 5,200 price target of the year, but a new scenario goldman sees the index up 15% to 6,000 by the end of the year that something we will talk more throughout the hour. >>> we are checking the bond market as we he expect the ppce later this week. >>> let's pay attention to the energy market with oil we we see wti up .50% brent crude is up .50% we have to pay attention to bitcoin. we continue to follow its rise it trades around the clock bitcoin at $67,000 this morning. well off the all-time high in recent days. for the month of march, up 30% >>> that's the money check let's see how europe is getting under way with arabile gumede in the london newsroom. a bit of a muted start in europe >> it is, frank. where has the time gone? in the final week of th
dow down 50 points the laggards are intel we will talk more about chipmakers later on in the show. followed by amd which is down 2% united airlines as well. we have news coming up later in the show about them. >>> the markets are headed for a lower open, but that is not stopping the imagination at goldman sachs. the bank sticking with the 5,200 price target of the year, but a new scenario goldman sees the index up 15% to 6,000 by the end of the year that something we will talk more...
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Mar 25, 2024
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the intel's earnings is worse. you take a similar chunk off of both of them, it actually hits intel worse. but there is nothing to change yet, if that is what you are asking. apparently, these rules were actually put in place in december. it's probably not anything it will happen over time, assuming it happens at all. there are a lot of other issues that i think are going on with both stocks that are probably bigger, or more near-term things to worry about than this anyway. there is nothing to change it. we will see how things progress over time. >> you see this impacting the trade wars and all the other conflicts with you think this can escalate? the way these stocks and products are treated? >> look, you look at the magnitude of this versus what the u.s. is done. certainly, u.s. efforts are a lot bigger. remember, that is by design. what they can do to push back, it is very, very limited. the u.s. is kind of holding the cards. we will see if there are broader trade wars. they've got other elements they can use. w
the intel's earnings is worse. you take a similar chunk off of both of them, it actually hits intel worse. but there is nothing to change yet, if that is what you are asking. apparently, these rules were actually put in place in december. it's probably not anything it will happen over time, assuming it happens at all. there are a lot of other issues that i think are going on with both stocks that are probably bigger, or more near-term things to worry about than this anyway. there is nothing to...
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Mar 20, 2024
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. >>> intel is probably happy. the biden administration awarding intel nearly $20 billion in grants and loans from the c.h.i.p.s. act. they'll offer loans to build out manufacturing. it will cree yeet 30,000 construction and manufacturing jobs at facilities in ohio and arizona. president biden will travel there later today to deliver remarks. we'll have an interview with pat gelsinger at 9:30 and again at "closing bell" at 4:00. >> intel is expected -- at least the administration says expect it to spend $100 billion of its own money investing in these things over the next five years. $20 billion a year, that's pretty significant. that's what you see from an at&t, verizon, on an annualized basis. >> if it always worked and you hired 30,000 people and everything works the way it should, it seems like it's a no-brainer and it should always work, but then you start wondering. you look at when the government picks winners and losers. you hope you get the best use of capital that you have, and a lot of times the governme
. >>> intel is probably happy. the biden administration awarding intel nearly $20 billion in grants and loans from the c.h.i.p.s. act. they'll offer loans to build out manufacturing. it will cree yeet 30,000 construction and manufacturing jobs at facilities in ohio and arizona. president biden will travel there later today to deliver remarks. we'll have an interview with pat gelsinger at 9:30 and again at "closing bell" at 4:00. >> intel is expected -- at least the...
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intel, look, it's been a massive disappointment. it gets back to, where do you think, first of all from the stock's perspective, i think it's underowned. there's no question to me, for all the reasons we just talked about, but i look to the future, and i look at the dynamic, the cap x spend of the communications service providers, the hyper scalers. they are going to be double-different cap x growth for the next three, four, five years, and intel is going to grow into this. not cheap, certainly not cheap on valuation, but i think you can wade through here. every time they report, we've seen the cycle for the stock. it sells off 10%, 15%, creeps back up and takes out the highs. you trade it that way if you want. >> i wonder where the semiconductor cycle will be in '27 or '28 when the plants are finally operational, i ask reor theically. but you have to wonder, you know, how that's going to line up for them. >> i don't think they know the answer to that question, unfortunately. and i'll say this with respect to intel, i mean, they got
intel, look, it's been a massive disappointment. it gets back to, where do you think, first of all from the stock's perspective, i think it's underowned. there's no question to me, for all the reasons we just talked about, but i look to the future, and i look at the dynamic, the cap x spend of the communications service providers, the hyper scalers. they are going to be double-different cap x growth for the next three, four, five years, and intel is going to grow into this. not cheap, certainly...
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Mar 25, 2024
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boy, they're really pummelling amd and intel. nvidia doesn't make that lower end for the pc i don't know look, i think that europe is now eyes glazed over they seem to want to go after everybody. i spent a lot of time on the apple justice department suit, and i'm not going to say it's fatuous, because it's the justice department same way i can't say the justice department is fatuous when it kwo comes to boeing, because the justice department is too frightening to ignore. i think the apple reaction was strange. you're talking about a three to five years before you see anything i think apple will file a motion to dismiss in may. may actually work. i don't think that people -- there were settlement talks, and the settlement talks involved, from what i can tell, apple basically saying, listen, we have no problem with a lot of this, which makes me feel that it's much more of a show trial against apple. >> huh >> and it was kind of sad. i felt sad that this is what it's come to it's like, well, we haven't gotten apple yet, let's go app
boy, they're really pummelling amd and intel. nvidia doesn't make that lower end for the pc i don't know look, i think that europe is now eyes glazed over they seem to want to go after everybody. i spent a lot of time on the apple justice department suit, and i'm not going to say it's fatuous, because it's the justice department same way i can't say the justice department is fatuous when it kwo comes to boeing, because the justice department is too frightening to ignore. i think the apple...
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Mar 25, 2024
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that's because intel is considered to have a larger exposure to china. bernstein estimating intel could lose over a billion dollars in sales if this works and goes through. one beneficiary armed some of the local approved chip shops, used chip processors powered by arm cores. arm also has a large presence in china. the beijing crackdown could be spreading. the ft reporting that state owned enterprises are next and will have to phase out american chips by 2027. i'd leek our audience to remember that china tried to block u.s. equipment back in 2019 and failed to do so this isn't necessarily the end all just yet >> christina, thank you. >>> back to mike santoli since we're talking about the chips. i keep looking at the chips to see if we're going to see significant signs of something that's been up a lot rolling over nvidia teased you a little bit that maybe that was coming and then not so fast because it had a rebound like everything else did. >> it's held it's held near the highs there hasn't been much of a refresh in term of a real correction what is int
that's because intel is considered to have a larger exposure to china. bernstein estimating intel could lose over a billion dollars in sales if this works and goes through. one beneficiary armed some of the local approved chip shops, used chip processors powered by arm cores. arm also has a large presence in china. the beijing crackdown could be spreading. the ft reporting that state owned enterprises are next and will have to phase out american chips by 2027. i'd leek our audience to remember...
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Mar 25, 2024
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every side is doing what they need to do and the fact that they're selling intel on this, and for all of the pain they're having in china, i think they'r getting inflated and i am long intel and stakes have been raised >> one analyst believes china is not essential and david riedel got back from taiwan just a few days ago why do you think is it just jumping to conclusions is that why we have a knee-jerk reaction to the name, david? >> clearly china is for intel chips and 30% of their sales and amd, 15% and not a lot of that is ending up in the government sector and this will be a slow rollout on having the government computers only, so i don't see them having a big impact >> can we jump to the conclusion, though, that this is just the beginning because maybe that's what the markets are thinking they're not thinking about just the one step and what if we went further and what if we ban these chips inside any of the computers? >> it's certainly not the beginning because we've been banin banning what way and other chips from china since 2019 and it was promulgated in the end of december
every side is doing what they need to do and the fact that they're selling intel on this, and for all of the pain they're having in china, i think they'r getting inflated and i am long intel and stakes have been raised >> one analyst believes china is not essential and david riedel got back from taiwan just a few days ago why do you think is it just jumping to conclusions is that why we have a knee-jerk reaction to the name, david? >> clearly china is for intel chips and 30% of...
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>> ah, probably intel, to be honest with you. i don't know how a company that encapsulates so much of the excitement in and around the chip space and is clearly the beneficiary of all the orders, has gained a trillion and a half dollar market cap in 18 months, intel's left for dead, that's where i would put my money. >> adobe, i think it's thursday, they report. quarter of a trillion dollar company, a huge runup into '21, fell off a cliff like everything else. people are going to talk about this as an a.i. name, have they figured it out? reasonable valuation. of course, the problem is, it's had a huge run, and it is historic for their earnings releases, and then selloffs after, but if they can catch a bid, then maybe we are broadening out to the extent that everybody thinks. >> is that the name of the game, in order to broaden out, you have to be part of a.i.? >> no. banks aren't part of a.i. >> technology, sorry. >> okay -- yes and no. we've seen a lot of software names that are just software names. look at crowdstrike, look at
>> ah, probably intel, to be honest with you. i don't know how a company that encapsulates so much of the excitement in and around the chip space and is clearly the beneficiary of all the orders, has gained a trillion and a half dollar market cap in 18 months, intel's left for dead, that's where i would put my money. >> adobe, i think it's thursday, they report. quarter of a trillion dollar company, a huge runup into '21, fell off a cliff like everything else. people are going to...
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Mar 15, 2024
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intel has been seeking funds to expand in ohio and arizona. two states which are two key swing states for the administration in the upcoming election. keep an eye on that. >>> let's check on the corporate stories with silvana henao. silvana, good morning. >> dom, good morning. the ceo of cleveland cliffs says his company would consider another bid for u.s. steel should the deal with nippon steel fall through. any bid would also be at a much lower price point. in a statement, nippon is set on closing the deal as it delivers clear benefits to union workers and the american steel industry. >>> lyft and uber will stop operating in indianapolis after they are looking to increase driver wages to the local minimum wage of $15.57 an hour. lyft calls it deeply flawed and makes operations unsustainable. >>> the chinese government is reportedly signaling it will not allow a for sale of bytedance's tiktok after the houseforced it to pass a bill for the sale. this coming after steven mnuchin is working on a deal for the platform. >> i think the legislation
intel has been seeking funds to expand in ohio and arizona. two states which are two key swing states for the administration in the upcoming election. keep an eye on that. >>> let's check on the corporate stories with silvana henao. silvana, good morning. >> dom, good morning. the ceo of cleveland cliffs says his company would consider another bid for u.s. steel should the deal with nippon steel fall through. any bid would also be at a much lower price point. in a statement,...
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Mar 21, 2024
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won't intel build these plants anyway? they've already committed to a $100 billion investment plan in the united states. but i say that is actually all wrong. intel's investing here precisely because of the chips act, gina raimondo realized our country's too dependent on foreign manufacturing. we tend to outsource the manufacturing to taiwan, south korea or malaysia. the chips act which i championed from the get-go was a response to a real need. we don't manufacture high performance chips here. we don't make many of the chips used by our own military. and as we found out during the pandemic our overseas supply chain, forget about it. it's much more fragile than we thought when it comes to semiconductors. in fact, we have an unbelievable dependence on a single company, taiwan semiconductor, which is a serious problem because our number one geopolitical rival in the world, the people's republic of china, wants to devour taiwan. and the more our commerce department curtails the sales of our highest-end chips to china includin
won't intel build these plants anyway? they've already committed to a $100 billion investment plan in the united states. but i say that is actually all wrong. intel's investing here precisely because of the chips act, gina raimondo realized our country's too dependent on foreign manufacturing. we tend to outsource the manufacturing to taiwan, south korea or malaysia. the chips act which i championed from the get-go was a response to a real need. we don't manufacture high performance chips here....
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there's a 2.5 billion dollar intel grant that is scrapped. they were expecting another $10 billion from the c.h.i.p.s. act. shares are down 1.1%. >>> griffin has a warning. the worst thing the fed could end up doing is cutting, pausing, and changing direction back toward higher rates. >>> coinbase announces a $1 billion debt deal. shares of coinbase are up almost half a percent. coinbase benefiting from renewed optimism of bitcoin which is hitting an all-time fresh high, on this show. take a look at bitcoin right now trading at basically 73,260. >>> stocks, they're looking to keep the records rolling after the s&p 500 hit its 17th record close of the year yesterday. hard to believe. 17, wow. but it's not just the markets in the u.s. that are climbing to record or near record-highs so far in 2024. in addition to the msci indexes. they have all touched fresh highs. those six markets, they account for more than 75% of the market cap for the msci's all-country world index. also for the first time since 2021, nearly one third of the 47 markets inc
there's a 2.5 billion dollar intel grant that is scrapped. they were expecting another $10 billion from the c.h.i.p.s. act. shares are down 1.1%. >>> griffin has a warning. the worst thing the fed could end up doing is cutting, pausing, and changing direction back toward higher rates. >>> coinbase announces a $1 billion debt deal. shares of coinbase are up almost half a percent. coinbase benefiting from renewed optimism of bitcoin which is hitting an all-time fresh high, on...
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the sell on intel, and that's the perfect opportunity to buy intel right now. >> center of the universe is the semiconductor industry. every name they mentioned, these are names that will continue to move higher. in the case of applied material, no. not every analyst loves the stock. the 12-month price target is only $2 where it's holding today above. materials is the largest u.s. supplier. very big story this week is going to be broadcom. hearing from broadcom that has snuck into the top ten in the s&p 500 as a market cap bigger than tesla, and it quadrupled. everything in 2024 begins and ends with what semiconductors do. >> i bought asml when it was on a decline, not a big decline, but still moved up over 5% since i bought it. >> good stuff. >>> let's take a quick break. when we come back, farmer jim has another new move, and we will also talk about health care more broadly. one of the five best performing sectors this year, and jimmy's move was within that. a little teaser. we're back after ts.hi *trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make tr
the sell on intel, and that's the perfect opportunity to buy intel right now. >> center of the universe is the semiconductor industry. every name they mentioned, these are names that will continue to move higher. in the case of applied material, no. not every analyst loves the stock. the 12-month price target is only $2 where it's holding today above. materials is the largest u.s. supplier. very big story this week is going to be broadcom. hearing from broadcom that has snuck into the top...
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Mar 7, 2024
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intel not commenting on this. the reaction of this talk almost -- we keep talking about this, it might be exaggerated. we will end with in video. mizuho thinks it could hit. estimates from analysts have come up. >> wow, chips, chips, chips. makes me hungry on power lunch. time for today's free stock lunch. first rod gomm's. scott, what is your take on this one? >> the company is less focused than that but expectations are relatively modest forward pe of just 30 but the reason to be worried here is because revenue expectations are for 30% year over year. broad, has the most bullish option pricing worlds going on right now. enjoy the ide but don't get married to it. >> okay, fair enough. reporting better than expect earnings. merger uncertainties still linger with the albertsons deal or no deal. scott? >> i would buy this on a pullback. up 10% and i would buy on a pullback because of the business they are in. it's tough to step up and pay nine or 10% more closing price for a company like kroger. it is up 23% over th
intel not commenting on this. the reaction of this talk almost -- we keep talking about this, it might be exaggerated. we will end with in video. mizuho thinks it could hit. estimates from analysts have come up. >> wow, chips, chips, chips. makes me hungry on power lunch. time for today's free stock lunch. first rod gomm's. scott, what is your take on this one? >> the company is less focused than that but expectations are relatively modest forward pe of just 30 but the reason to be...
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intel chairs are now down 2/3 of 1%. nvidia shares down 1%, as well after its big developer conference and unveiled its next ai chip. micron reports earnings today. and smh, down 1/10th of 1%. chipotle shares did at one point top $3,000. still up 4%, but up 8% at the highs so far. just to give you an idea that 50 for 1 stock split puts these shares closer to that $60 range when they do kind of split it. but tyler, this is a company that's now worth roughly, almost $80 billion, and just to give you an idea, it's not necessarily ai returns, but up 80% over the year means it's bigger than target. >> holy guacamole. thank you very much. >>> let's start in washington and steve liesman with what we should expect from the fed chair and the fomc today. hi, steve. >> hey, tyler. yeah, it's possible the most important answers or the most important question of this meeting, when might the fed cut rates may come at 2:00. in january, they said -- >> well, they repeat that, it's going to be like going back in time, resetting the clock
intel chairs are now down 2/3 of 1%. nvidia shares down 1%, as well after its big developer conference and unveiled its next ai chip. micron reports earnings today. and smh, down 1/10th of 1%. chipotle shares did at one point top $3,000. still up 4%, but up 8% at the highs so far. just to give you an idea that 50 for 1 stock split puts these shares closer to that $60 range when they do kind of split it. but tyler, this is a company that's now worth roughly, almost $80 billion, and just to give...
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Mar 20, 2024
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. >> intel thought you are a game company. i know you presented there. >> we are happy that anybody thinks of us at all. we were so good at it. in fact, nvidia is the world's best game technology chip company today. we have -- i'm so proud of the work that we do there. you know, as you know, game is assimilation of the virtual world. >> because of this, because from denny's all the way, somehow, you are still the underdog. you are hungry. you make it feel like your company is going to go out of business in 30 days. >> you know, jim, that is probably something related to upbringing. you know? you know, we grew up working hard. my parents worked hard. we are immigrants. >> you arrived here before that when you were nine. >> yes. yes. my older brother brought me to the united states. he was 10. we had a 10-year-old bring a nine-year-old to the united states. we had quite a great life, you know? but we had to work for it and we were immigrants and we took nothing for granted. my parents worked incredibly hard. they worked incredib
. >> intel thought you are a game company. i know you presented there. >> we are happy that anybody thinks of us at all. we were so good at it. in fact, nvidia is the world's best game technology chip company today. we have -- i'm so proud of the work that we do there. you know, as you know, game is assimilation of the virtual world. >> because of this, because from denny's all the way, somehow, you are still the underdog. you are hungry. you make it feel like your company is...
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Mar 14, 2024
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they're coming to the market, seeing a broadening out whether it's intel, del, other beneficiaries. how much will an nvidia capture in the a.i. space going forward? those are remarkably high standards to beat. we think that's in the price, and if they do it, that's good on them, but it's a difficult thing to do. >> speak to the question of this market resembling to the extend it does or doesn't, the market of 1999-2000. that was a period where 2eky and growth stocks werezooming ahead. the market was concentrated in a few stocks there. dell comes to mind. cisco comes to mind, others as well. is that a fair analogy to today's market, or is today's market sufficiently different that we needn't worry about a bubble and a bursting of the bubble? >> the biggest difference today, these are much higher quality companies than what we saw in 2000. not in terms of their future prospects. cisco turned out to be an incredibly strong company and has a very long record of success. nvidia is making tons of money. microsoft is making tons of money. these are huge companies at scale that are high qua
they're coming to the market, seeing a broadening out whether it's intel, del, other beneficiaries. how much will an nvidia capture in the a.i. space going forward? those are remarkably high standards to beat. we think that's in the price, and if they do it, that's good on them, but it's a difficult thing to do. >> speak to the question of this market resembling to the extend it does or doesn't, the market of 1999-2000. that was a period where 2eky and growth stocks werezooming ahead. the...
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intel up as well as taiwan semi up 2%. >>> we go to the "wex wrap-up." jpmorgan chase discussed a deal before capital one announced the acquisition of discover. jpmorgan chase explored the deal in 2021, but abandoned the efforts. >>> the european commission is seeking further explanations from apple on why it prevented epic games on launching on iphones and whether it violates the rules there. >>> and neel kashkari saying there could be only one cut this year. >>> and shares of novo nordisk are popping after the company revealed the early trial data for the drug which showed participants had weight loss of over 13% after three months. >>> just hours after federal regulators called out boeing after the investigation into the door plug blowout, boeing is providing names of the door team. >>> and the chevron-hess deal at risk suggesting it may have an issue with the exxon properties. >>> and here is what to watch today. we get earnings from american eagle and costco and docusign. jay powell continues testimony on capitol hill before the senate banking commi
intel up as well as taiwan semi up 2%. >>> we go to the "wex wrap-up." jpmorgan chase discussed a deal before capital one announced the acquisition of discover. jpmorgan chase explored the deal in 2021, but abandoned the efforts. >>> the european commission is seeking further explanations from apple on why it prevented epic games on launching on iphones and whether it violates the rules there. >>> and neel kashkari saying there could be only one cut this...
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Mar 19, 2024
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intel they're on track to get the first multi-billion dollar award set for tomorrow. they spent around $8 million in the lobbying in the two years just before the chips act was passed. but as chips was being negotiated and then implemented in the two years after that, they spent nearly $14 million. so we have seen an 80% jump there. also in line for a big award, we have samsung, their lobbying has been up more than 70% in the same period and seen this really across the board with a bunch of these companies. these figures are total spend but their lobbying disclosure form show us the chips act funding and implementation has been a top issue. guys, we are expecting intel to get roughly 10 billion in grants and loans tomorrow. that doesn't leave too much on the table for the other companies. that's partly why we're starting to hear talk about a chips act round-do. >> it's a lot of money, but you mentioned as we went to break that return on investment could be pretty good. you get 10 billion for spending 8 million or whatever it is. >> it seems like it will be worth it. t
intel they're on track to get the first multi-billion dollar award set for tomorrow. they spent around $8 million in the lobbying in the two years just before the chips act was passed. but as chips was being negotiated and then implemented in the two years after that, they spent nearly $14 million. so we have seen an 80% jump there. also in line for a big award, we have samsung, their lobbying has been up more than 70% in the same period and seen this really across the board with a bunch of...
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Mar 21, 2024
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while they use intel chips. the bottom line, though, this is microsoft's attempt to get more businesses to pay for copilot promising better performances plus time-saving productivity gains for employees. "the wall street journal" earlier this year said some copilot customers who tried it early have found problems with it. it's still yet to be determined if it's worth that hefty cost microsoft's asking for. as for the new surface computers, they're on sale now and will start shipping april 9th, frank. >> microsoft shares up just about 1%. rising about a quarter of a percent since this news crossed. steve, stick around. i know you have more on the apple antitrust news. kari, i saw you looking over at me when steve was talking. a.i. pcs, clearly struck a chord with you. >> it's interesting. all we've been hearing about is a.i. chips, and nobody has been making any money off a.i., really, except nvidia. it's interesting to think microsoft is finally coming up with something other than copilot from which they can boo
while they use intel chips. the bottom line, though, this is microsoft's attempt to get more businesses to pay for copilot promising better performances plus time-saving productivity gains for employees. "the wall street journal" earlier this year said some copilot customers who tried it early have found problems with it. it's still yet to be determined if it's worth that hefty cost microsoft's asking for. as for the new surface computers, they're on sale now and will start shipping...
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Mar 19, 2024
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maybe intel to some degree. >> intel hopes, yeah. >>> there's a lot more "fast money" to come. here's what's coming up next. >> there's no place like home. and builders are putting hammer to nail, as the housing market looks to recover. the data sending those stocks higher, next. >>> plus, and speaking of real estate, why our next guest says commercial property is still looking for a bottom. the signs coming out of the credit market. you're watching "fast money," live from the nasdaq market site in times square. we're back right after this. >>> welcome back. we have a news alert on a canadian national selling trade secrets to china about an american company. eamon javers has the details. eamon? >> this just coming in from a press release from the department of justice. they say a canadian national was arrested earlier today in nassau county, new york, and this canadian national was attempting to sell electric vehicle battery trade secrets to undercover officers. the person involved here allegedly believed that those undercover officers were legitimate business people he could s
maybe intel to some degree. >> intel hopes, yeah. >>> there's a lot more "fast money" to come. here's what's coming up next. >> there's no place like home. and builders are putting hammer to nail, as the housing market looks to recover. the data sending those stocks higher, next. >>> plus, and speaking of real estate, why our next guest says commercial property is still looking for a bottom. the signs coming out of the credit market. you're watching...
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Mar 18, 2024
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but david, everything was replaced by intel. everything. and everything is going to be replaced by nvidia. and i think the people who don't understand that don't understand how much more a computer can do. this morning, dylan, who works with me, he wanted me to send a memo to him. i had to type in the memo, send the email, i had to attach it. no. come next year, i'll just say, will you please send the march 18 email about what i'm looking at to dylan. i'm not going to type anything. but that's jensen. and to some degree, i'm going to give lisa su some due here, she also has that. that's the new world. are you ever going to sit there and type an email again if you can just say, send that thing to faber right now. it might come back and say, sure. >> or it will actually -- it will be, like, you sure you want to do that? really you sure? >> well, why would we ever want something where we type? what was the typing thing about? i saw a typewriter store in florida the other day. it was obviously closed. keyboard. that makes a lot of sense. let me
but david, everything was replaced by intel. everything. and everything is going to be replaced by nvidia. and i think the people who don't understand that don't understand how much more a computer can do. this morning, dylan, who works with me, he wanted me to send a memo to him. i had to type in the memo, send the email, i had to attach it. no. come next year, i'll just say, will you please send the march 18 email about what i'm looking at to dylan. i'm not going to type anything. but that's...
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Mar 8, 2024
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intel and micron in the list. adobe down here as well. also this morning, we are seeing 81 s&p stocks trading at 52-week or all-time highs. the highs are broad based across industrials and materials and more. we are checking the bond market as well. the benchmark as well at 4.07%. it has fallen 15 basis points from the start of the week. similar story for the long bond which is a read on inflation exe expec expectations. we go to gold. it is continuing the record-breaking rally. gold trading at $2,175 an ounce. you see the run-up here. this is since 1973. huge run-up since december 30th of 1973. gold is up over 1,700%. >>> that's the morning money set up. attention back to the markets. s&p and nasdaq with the all-time highs yesterday. jay powell says the fed is just not far from a move and the ecb strikes a dovish tone. the s&p is up 1% this week. if it holds these gains, it would have posted gains in 17 of the last 19 weeks. that is the first time that has happened since 1964. the focus on the monthly jobs report. investors look at those
intel and micron in the list. adobe down here as well. also this morning, we are seeing 81 s&p stocks trading at 52-week or all-time highs. the highs are broad based across industrials and materials and more. we are checking the bond market as well. the benchmark as well at 4.07%. it has fallen 15 basis points from the start of the week. similar story for the long bond which is a read on inflation exe expec expectations. we go to gold. it is continuing the record-breaking rally. gold...
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Mar 19, 2024
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we are about to see the big award rollout this week with intel. that is the preliminary set of terms. they have to vet and they have the regulations attached. they are doling out the money as companies reach milestones. it takes seven years to get a fabrication online. >> we agree to bring chips online. i hope the government picks the right companies and winners. we have seen amd eat intel's lunch in recent years. how do we know? will they make sure we get a return? if it is government money, is it here and is anyone minding the store for the government's investment? >> they will say they are doing that now. that is because they want to make sure this is not just a hand cr handout. it goes the other way with criticism of are you not letting the free market work and making sure that companies are jumping through hurdles to fulfill your agenda? >> and it is slow. this takes a long time. some of the companies' complaint is where is the money? the bill was signed into law and trumpeted as a success so longing ago, i can't remember the date. the compan
we are about to see the big award rollout this week with intel. that is the preliminary set of terms. they have to vet and they have the regulations attached. they are doling out the money as companies reach milestones. it takes seven years to get a fabrication online. >> we agree to bring chips online. i hope the government picks the right companies and winners. we have seen amd eat intel's lunch in recent years. how do we know? will they make sure we get a return? if it is government...
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Mar 25, 2024
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. >>> shares of amd opened lower in pre-market trading as well as intel. this is after the chinese government introduces new guidelines to phase out chips produced from the u.s. companies. this, according to "the financial times" which says they are looking to sideline foreign software groups, including windows systems, like microsoft, in favor of alternatives >>> the managing director is looking at china seeing a fork in the road. she was speaking at the china development forum where they will improve market access saying global companies are welcome in china sam has this story >> reporter: china is key to turn foreign investment around after fdi inflows hit a 30-year low. it is what makes the forum critical this so-called charm offensive to convince them that china is open for business. that was the tone that the premier li took when he opened the forum yesterday. he stressed the economy's potential and downplayed the investor worries no doubt that ceo virginia shined a commitment to china tim cook's visit to shanghai and talked about the supply chains a
. >>> shares of amd opened lower in pre-market trading as well as intel. this is after the chinese government introduces new guidelines to phase out chips produced from the u.s. companies. this, according to "the financial times" which says they are looking to sideline foreign software groups, including windows systems, like microsoft, in favor of alternatives >>> the managing director is looking at china seeing a fork in the road. she was speaking at the china...
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Mar 13, 2024
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we're watching shares of intel after reports say intel is pulling out of a plan to spend as much as $2.5 billion on a chip grant to the company. the funding was with part of a spending package to produce advanced defense and intelligence-related chips. the congress department says the c.h.i.p.s. act grant was set to pay $1 billion and the pentagon promised to cover the rest. the pentagon scrapped it in recent days and lawmakers are directing them to use c.h.i.p.s. act funds to make up the balance. it's unclear whether they'll seiche less money overall or if it will come out of the c.h.i.p.s. act funding itself, which, of course, would leash less funding for other companies. we're looking to see what's going to happen. the stock off on a bit of that news. >>> coming up, the question of the morning, is time running out for tiktok. the house set to vote on a bill that could ban the popular social media app. we'llo al okt the fallout if the app is shut down in the united states. "squawk box" is coming right back. wall street forecasts over 100 billion in sales for anti-obesity drugs known as
we're watching shares of intel after reports say intel is pulling out of a plan to spend as much as $2.5 billion on a chip grant to the company. the funding was with part of a spending package to produce advanced defense and intelligence-related chips. the congress department says the c.h.i.p.s. act grant was set to pay $1 billion and the pentagon promised to cover the rest. the pentagon scrapped it in recent days and lawmakers are directing them to use c.h.i.p.s. act funds to make up the...
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Mar 18, 2024
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foundry, and we know on wednesday, biden, i confirmed that will be at intel. so there's a lot of other players that could move on this big event behind me. bottom line, though. today is going to be about nvidia's sustained division, which it is in the early innings. >> there is a term that ai investors need to be getting inferencing and getting behind the training of the models and the art fibl intelligence models to what actually happens once people start using them and jensen has been make the case that they will continue to get a significant amount of business and there will be a lot more usage than there is training, right? >> right. >> because the last earnings report we actually were surprised by the inferencing demand and it was about 40% of total data centered revenue which was higher than anyone anticipated. the concern was that companies would shift away from nvidia when they were using the chips for trading and then go elsewhere from inferencing. the 40% number bodes quite well from the sustainability of demand and it doesn't bode well for amd becau
foundry, and we know on wednesday, biden, i confirmed that will be at intel. so there's a lot of other players that could move on this big event behind me. bottom line, though. today is going to be about nvidia's sustained division, which it is in the early innings. >> there is a term that ai investors need to be getting inferencing and getting behind the training of the models and the art fibl intelligence models to what actually happens once people start using them and jensen has been...
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Mar 15, 2024
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and certainly intel's been working hard on revamping its own strategy to participate in ai. and i think they're, you know, having a lot of discussions internally on roadmaps and otherwise, not just for the server space but for ai pcs and elsewhere. if you think about that migration away for general purpose compute, that's one that comes to mind. and then you know, if you think about more classic networking companies, nvidia has taken some shared to o their own clusters of gtus. certainly got other companies that have been participating in networking hardware and otherwise. so i think it will be interesting to see how nvidia ambulance to expand in those -- plans to expand in those areas, networking being an important area as well with a large tam associated with it. >> before we go, you have a $910 price target on nvidia with a buy. that's only 3% upside or something from here. is that just a matter of how far the stock has run, or you having trouble refreshing for higher price targets at this level? >> look at the model, and you know, we raised the price target quite a bit.
and certainly intel's been working hard on revamping its own strategy to participate in ai. and i think they're, you know, having a lot of discussions internally on roadmaps and otherwise, not just for the server space but for ai pcs and elsewhere. if you think about that migration away for general purpose compute, that's one that comes to mind. and then you know, if you think about more classic networking companies, nvidia has taken some shared to o their own clusters of gtus. certainly got...
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Mar 18, 2024
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intel may be getting chips act money. >> could be a big ticket number, too, i would imagine. that's going to do it for us here at "overtime." >> "fast money" starts now. >>> live from the nasdaq market site in the heart of new york city's times square, this is "fast money." here's what's on tap tonight. nvidia in focus. we're watching shares of the a.i. darling as ceo jensen huang takes center stage at the company's developer's conference. we're bringing you the headlines from the event and the trades in the a.i. stocks. >>> plus, bubbling higher. shares of pepsi seeing their best day since october 2022, after a big upgrade on wall street. what analysts think is giving this soda stock a little extra fizz. >>> and later, tesla shares revving up. will now price hikes be enough to get the stock out of its rut? we'll debate what is next for this ev maker. i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- bonawyn eye sonson, karen finerman, dan nathan, and guy adami. >>> ceo jensen huang of nvidia speaking right now. he's announced new partner
intel may be getting chips act money. >> could be a big ticket number, too, i would imagine. that's going to do it for us here at "overtime." >> "fast money" starts now. >>> live from the nasdaq market site in the heart of new york city's times square, this is "fast money." here's what's on tap tonight. nvidia in focus. we're watching shares of the a.i. darling as ceo jensen huang takes center stage at the company's developer's conference....
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Mar 11, 2024
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i decided it was such a cool game, i wanted to enter it in show intel, to see who could find stocks that lit up during the week. my dad's company represented the minnesota mining and manufacturing company. he sold tape and sashaying. they were always innovating, coming up with new product lines. in fifth grade, pop came home with a new line of products he was selling. games. bookshelf games. he said perhaps i might want to learn more about the stock market. he had games he was selling well about business. one was about takeovers, the other was about stocks and bonds. i loved that game so much. the point of mentioning all of this, stocks are fascinating enough to get your kids started on them right now. i urge you to do just that. it's easier than ever. get some stocks that your kids are familiar with, have them track them and yes who will do best overtime. here is the bottom line. get them started early, and they play for life. the stock market is a long-term contest. the earlier you get in, the more you can win over the long haul. let's go to dave, in california.>> thank you for taking
i decided it was such a cool game, i wanted to enter it in show intel, to see who could find stocks that lit up during the week. my dad's company represented the minnesota mining and manufacturing company. he sold tape and sashaying. they were always innovating, coming up with new product lines. in fifth grade, pop came home with a new line of products he was selling. games. bookshelf games. he said perhaps i might want to learn more about the stock market. he had games he was selling well...
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Mar 21, 2024
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intel is at the top with shares over 1%. big announcement with the chip act award that came yesterday giving the stock a boost. behind it is boeing, microsoft and cisco systems. now to the laggards. apple at the top of the list with shares down 1%. we will talk more about apple in a bit. followed by verizon and coca-cola. >>> one of your big money movers today is fedex. shares of that company moving higher ahead of earnings after the close. under performing the broader markets. the weather weighing on shares this year. wall street is expecting a muted holiday quarter. profits to grow 1.5%. this is the last quarter before fedex consolididates express, ground and freight to one unit. express air delivery is a major area for cost cutting. estimates have revenue falling year over year. look at the par bar chart. keep in mind that dhl is citing weakness in air freight. joining me on the cnbc news line is ken huckster. >> good morning, frank. >> you have a price target of 313. that implies a 20% increase from where it is right now
intel is at the top with shares over 1%. big announcement with the chip act award that came yesterday giving the stock a boost. behind it is boeing, microsoft and cisco systems. now to the laggards. apple at the top of the list with shares down 1%. we will talk more about apple in a bit. followed by verizon and coca-cola. >>> one of your big money movers today is fedex. shares of that company moving higher ahead of earnings after the close. under performing the broader markets. the...
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Mar 19, 2024
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national security officials is set to hold a closed door briefing today with top senate commerce and intel committee members about the threats posed by tiktok. this comes as the senate weighs how to proceed with the house passed bill to force a sale of tiktok by parent bytedance. on "last call," last night, joe manchin said there is no question as to what must be done. >> we cannot go and gather information in china. if we can't reciprocate in a country, that tells you something is wrong. everyone knows they are information. they should not be allowed to accumulate that type of information from america. >> manchin adding he would vote for the bill if it comes to the floor, frank. >> the if and how that bill comes to the floor. silvana, thank you very much. see you later on. >>> we have more to come on "worldwide exchange," including the one word that investors have to know today. first, the big money movers and if tesla moves the stock pop to two days. t . >>> nvidia mentioned two companies during the keynote with a positive impact this morning. a quick check on jensen huang's hot stocks i
national security officials is set to hold a closed door briefing today with top senate commerce and intel committee members about the threats posed by tiktok. this comes as the senate weighs how to proceed with the house passed bill to force a sale of tiktok by parent bytedance. on "last call," last night, joe manchin said there is no question as to what must be done. >> we cannot go and gather information in china. if we can't reciprocate in a country, that tells you something...
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Mar 26, 2024
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look most recently at intel after the bob swan tenure. that company had the brand they squandered it in my view, i love tony's thoughts on this, but in my view, the only reason this is not a $50 stock is because of the moat around the company. no competition, effectively, except for airbus which has now surged ahead for us, it matters who the ceo is here. what he described to me are things he should have been doing all along. you know, his tenure has not been impressive. it would have been better to make a quick adjustment instead of the long, drawn out period of him handing over the reins. >> nancy, they did make one quick adjustment stephanie pope taking that over. does that give you confidence in the company to return as a shareholder? >> it could. i think what we are going to want to see is what is the next level announcement she has a finance background nothing wrong with that. what you are in which is an engineering company, you need to be immersed in culture she is a third generation boeing employee she has been there for 30 years.
look most recently at intel after the bob swan tenure. that company had the brand they squandered it in my view, i love tony's thoughts on this, but in my view, the only reason this is not a $50 stock is because of the moat around the company. no competition, effectively, except for airbus which has now surged ahead for us, it matters who the ceo is here. what he described to me are things he should have been doing all along. you know, his tenure has not been impressive. it would have been...
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Mar 19, 2024
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other tech names, amd, tesla, intel down as well. we come back, nasdaq only down cts e owotr d most of the he seorargrn. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire by itself. it is so insanely fast. the computer can write its own software and we call that artificial intelligence. >> and that's the case, why do we still need us? >> we still have to guide the software. we have to create the algorithms such that the computer can go write software. and that algorithm is called deep learning. yeah, it's really quite a remarkable thing that happened in the last 12 years. >> if we ask it questions, inference, it speaks our language? >> if you ask it a question, it not only recognizes the wordses but it understands the meaning. >> nuance? >> oh, sure. >> that was nvidia ceo jensen hueng with jim cramer. we can still do the algorithm. >> he was very ca
other tech names, amd, tesla, intel down as well. we come back, nasdaq only down cts e owotr d most of the he seorargrn. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire by itself. it is so insanely fast. the computer can write its own software and we call that artificial intelligence. >> and that's the...
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Mar 25, 2024
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cdw data engineers are helping organizations harness the power of ai with intel core ultra processors. the power to run workloads faster means greater performance. giving your team a better shot at success. make amazing happen. cdw. ♪♪ [alarm beeping] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so dramatic amelia. bye jen. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. you know doug, ever since switching to workday you've been a real rock star. rock star? what do you know about rock stars? billy idol? i mean where's the skin-tight leather? my shoes are leather. where's the unnecessary zippers? that thing! billy, rock star is just how doug feels when he uses workday. thanks, rory. i'll show you rock star! be a finance and hr rock star. workday. for a changing world. billy
cdw data engineers are helping organizations harness the power of ai with intel core ultra processors. the power to run workloads faster means greater performance. giving your team a better shot at success. make amazing happen. cdw. ♪♪ [alarm beeping] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so...
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Mar 12, 2024
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i don't know where amd is going , i don't know where intel is going to get, but right now nvidia sits in a good position. >> there have been some worries or concerns forget we are when you're out from collapse and regional banks, commercial real estate has been a problem spot. last week, you are part of the capital infusion along with treasury secretary stephen. why did you invest $1 billion into that bank which looks to have some problematic commercial real estate exposure and also some problematic internal controls? >> the question with every investment is about whether or not it's the right price. that's the fundamental of investing. a building where rent has come down may be an attractive building at the right price. for the risks intrinsic in new york community bank i think this is the right price. to be clear, steve has an incredible record investing in the space. he's very thoughtful on these issues. i think if you wanted to know blow-by-blow how he thinks the bank should best be run to address the issues at hand you should ask him to join you live on tv because there are few i
i don't know where amd is going , i don't know where intel is going to get, but right now nvidia sits in a good position. >> there have been some worries or concerns forget we are when you're out from collapse and regional banks, commercial real estate has been a problem spot. last week, you are part of the capital infusion along with treasury secretary stephen. why did you invest $1 billion into that bank which looks to have some problematic commercial real estate exposure and also some...
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Mar 18, 2024
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we heard fresh intel today that the third arrow has been filed as we see corporates chasing more growth and profitability and if this fits in monetary policy. it has been so aggressive for so long. we are talking about the first rate hike in 17 years potentially. does this make a difference? we heard from david roche saying you may not see those wage increases we're talking about last week passed on. you may see people save that. for the boj, if they are dealing with higher wamg wages and deal with the wage price spiral, but in the boj's case, it may be different. we may not need the adjustment. the $3 trillion parked offshore may not be needed aggressively. >> i think on the side of the consumer front that we are speaking about here, i look at it and i think to myself conventional wisdom is that because you get higher wage hikes that consumers spend more and demand nmore increases, et cetera. we have seen out of china that that is not the case and the situation may be slightly different. you don't necessarily have a big rece recession. again, it is weakened growth in japan, but not a r
we heard fresh intel today that the third arrow has been filed as we see corporates chasing more growth and profitability and if this fits in monetary policy. it has been so aggressive for so long. we are talking about the first rate hike in 17 years potentially. does this make a difference? we heard from david roche saying you may not see those wage increases we're talking about last week passed on. you may see people save that. for the boj, if they are dealing with higher wamg wages and deal...
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Mar 8, 2024
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after the semis relative to the s&p finally exceed the high of march of 2000 powering forward with intel. opening bell coming up in five minutes. don't forget, catch us any time anywhere listen to and follow "squawk on the street" opening bell podcast. [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ [thunder rumbles] ♪ ♪ >> announcer: "the opening bell" is brought to you by nuveen, a leader in income, all search tiffs and responsible investing. >>> all right, let's get to a mad dash before we get started with the trading. eli lilly move often glp1s but have talked about their treatment for alzheimer's potentially. >> yes. >> there was some news, jim. >> it was not good. i was saying -- even running ads for it saying lilly has been saying this drug, their alzheimer's drug would be approved this quarter and expected it. there is a surprise delay and it's because they want to convene with outside advisers and does surprise me for
after the semis relative to the s&p finally exceed the high of march of 2000 powering forward with intel. opening bell coming up in five minutes. don't forget, catch us any time anywhere listen to and follow "squawk on the street" opening bell podcast. [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ [thunder rumbles] ♪...
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Mar 27, 2024
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. >> also means bringing the best intel, whatever the popular might be to aws. so it's really not just an approach that says we want to get everything on to our own silicon, it's really an approach that says we want to give customers the best choice. >> the best choice and the cheaper alternative. it's about giving customers the best of both worlds. competition is fierce. not only nvidia, amd, et cetera. it's not easy to compete. that's why labs have been around for at least 11 years. i say that and i think of an example steve was talking about apple. apple, for example, there's just a six researchers from six different universities that published a report saying their security flaws now in apple's chips used in the m 1, m 2 and m 3. used for a lot of mac books. these security flaws reveal secret encryption keys. another separate story is they tried to get their smartphone chip off the ground but were unable to do so in time so they had to sign up with qualcomm. microsoft have launched after years of production their first or i should say set of two ai custom ch
. >> also means bringing the best intel, whatever the popular might be to aws. so it's really not just an approach that says we want to get everything on to our own silicon, it's really an approach that says we want to give customers the best choice. >> the best choice and the cheaper alternative. it's about giving customers the best of both worlds. competition is fierce. not only nvidia, amd, et cetera. it's not easy to compete. that's why labs have been around for at least 11...
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Mar 22, 2024
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we've seen apple do this with multiple products, most notably ditching intel to use their own chips and making their own modems instead of qualcomm's modems. here it sounds like there are going to be some layoffs, but a much smaller group. but apple shares >>> coming up, shopping on social media ramps up. drugstore skin care is all the rage and the poke-feature is back. among teens and tweens and the companies that are capitalizing on them. that is next. your goals. -you can make this work. -we can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. they're waiting for you. hey, do you have a second? they're all expecting more. more efficiency. more benefits. more growth. when you realize you can give your people everything, and more. thank you very much. [applause] ask, "now what?" here's what. you go with prudential to protect, empower and grow. with everything you need to deliver, you guessed it... more. one more thing... who's your rock? learn more at prudential.com if you've eve
we've seen apple do this with multiple products, most notably ditching intel to use their own chips and making their own modems instead of qualcomm's modems. here it sounds like there are going to be some layoffs, but a much smaller group. but apple shares >>> coming up, shopping on social media ramps up. drugstore skin care is all the rage and the poke-feature is back. among teens and tweens and the companies that are capitalizing on them. that is next. your goals. -you can make this...
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Mar 11, 2024
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they will be arming meta and microsoft and intel. so amy has owned it for a while, i own it. i think the future is bright there. but it's not cheap. go out a year and a half it's 25 times. >> this is a question about momentum which is why i saved joe for last your whole investing strategy professionally is around momentum, obviously. >> yes. >> if you look at whether we're in early stages, early innings if you will of a momentum rollover, where you're going to have money going into the laggards, meta, amazon, salesforce, broad com, uber microsoft are all lower. apple, tesla, alphabet are all higher. you're all over the list of the biggest winners since november 1st, whether it's your amd or your crowd strike or your palantir, broad com, salesforce, aris ta -- that's just for startings. you have all of these holders and all are up from the most recent bottom. >> yes. that is why i have the overlay of quality on top of momentum. exactly for the sbienvironment t you're in now. when momentum rolls over you don't have exposure to the single factor. let me speak to what's going on
they will be arming meta and microsoft and intel. so amy has owned it for a while, i own it. i think the future is bright there. but it's not cheap. go out a year and a half it's 25 times. >> this is a question about momentum which is why i saved joe for last your whole investing strategy professionally is around momentum, obviously. >> yes. >> if you look at whether we're in early stages, early innings if you will of a momentum rollover, where you're going to have money going...
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Mar 28, 2024
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cdw data engineers are helping organizations harness the power of ai with intel core ultra processors. the power to run workloads faster means greater performance. giving your team a better shot at success. make amazing happen. cdw. ♪♪ did you ever worry we wouldn't get to enjoy this? [jeff laughs maniacally] (inner monologue) seriously, look at these guys. they are playing great. meanwhile, i'm on the green and all i can think about is all the green i'm spending on 3 kids in college. not to mention the kitchen remodel, and we'd just remodel the bathrooms last month. with empower, i get all of my financial questions answered. so i don't have to worry. so you're like a guru now? oh here it comes— join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. ♪ ♪ this is not just another e-class. because it evolves with you. it adapts to you. engineering. it is the first e-class made just for you. for you. for you. this is not just design because your e-class... it adapts to you. it recognizes y
cdw data engineers are helping organizations harness the power of ai with intel core ultra processors. the power to run workloads faster means greater performance. giving your team a better shot at success. make amazing happen. cdw. ♪♪ did you ever worry we wouldn't get to enjoy this? [jeff laughs maniacally] (inner monologue) seriously, look at these guys. they are playing great. meanwhile, i'm on the green and all i can think about is all the green i'm spending on 3 kids in college. not...
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Mar 18, 2024
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which i didn't even get to, the collaborations with other companies like micron, like broadcom, perhaps intel, again, i don't know. i'll get the information as everyone else in just an hour but these are all big movers for other names within this space. last point, the stock down four or five sessions last week and concern that maybe this is a sell the news kind of event. you saw selling heading into this event and yet the stock keeps climbing ten weeks in a row weekly gains even with those drops last week. >> yeah, for sure. you know, i would expect big picture vision and we'll pick it apart once it's out there, kristina, thanks very much. adam, you mentioned before that you didn't think that maybe all of the upside for a.i. across the market is sort of in the price. in what way? >> there's the revenue side where nvidia is clearly the biggest beneficiary and then there's the cost benefit side over the next decade. you're just starting to see companies talk go it so i think that's what i mean when i say it could be a decade long. anyone with a lot of data about their employees and about their
which i didn't even get to, the collaborations with other companies like micron, like broadcom, perhaps intel, again, i don't know. i'll get the information as everyone else in just an hour but these are all big movers for other names within this space. last point, the stock down four or five sessions last week and concern that maybe this is a sell the news kind of event. you saw selling heading into this event and yet the stock keeps climbing ten weeks in a row weekly gains even with those...
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Mar 15, 2024
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outand said we're building our own chips, designing our own chips and asml is a toolbox for that and intel foundries. how will you compete with that burgeoning threat? >> that's a good one. one stock that is not benefiting from ai, adobe shares sinking. they beat earnings but is that the whole reason for the downward pressure? >> you think decent, decent report. the bar is so high now for anything ai related that when you don't beat at that magnitude, you start to see the sell-off. that came in a little bit light compared to buy side estimates and because of that there's worry that maybe there's going to be pricing tail winds and most of the driving forces for adobe will be in the second half of this year. and then, of course, you have the concern about competition. openai text to image platform and that's directly encroaching on adobe's turf. the ceo was asked that on our airways yesterday on "closing bell overtime." he said it's all good. competition is good. it will bring more video to the platform. and then eventually they will have to edit the video using adobe programs. he even name
outand said we're building our own chips, designing our own chips and asml is a toolbox for that and intel foundries. how will you compete with that burgeoning threat? >> that's a good one. one stock that is not benefiting from ai, adobe shares sinking. they beat earnings but is that the whole reason for the downward pressure? >> you think decent, decent report. the bar is so high now for anything ai related that when you don't beat at that magnitude, you start to see the sell-off....
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Mar 27, 2024
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intel has got to be 15 or 20% off its high already. i think you've already seen rotation not just more broadly into energy, but in the semi conductor within tach. again, i don't think that is exclusive what has happened with the federal reserve, but i also don't think it's because of the federal reserve. >> let's bring in victoria hernandez. chris, good to see you here. you've heard what mr. green has suggested. if growth underperforms in the weeks ahead, is that an issue? are we having enough broadening that that doesn't really matter as much as we once thought? >> i think what you saw is that positions have gotten too big for portfolios. they have to pare them back. late yesterday, you saw a selloff that looked like it was from fixed equity to income. >> of growth underperforms in the short term, i don't think it really means all that much. we need to see a little pullback in repricing of risk, and that's helpful. >> are you bullish going forward? >> we think we could have a market melt up. >> you seem pained to say that. >> because
intel has got to be 15 or 20% off its high already. i think you've already seen rotation not just more broadly into energy, but in the semi conductor within tach. again, i don't think that is exclusive what has happened with the federal reserve, but i also don't think it's because of the federal reserve. >> let's bring in victoria hernandez. chris, good to see you here. you've heard what mr. green has suggested. if growth underperforms in the weeks ahead, is that an issue? are we having...
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Mar 18, 2024
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intel wants to have a place here. it's also coming from the cloud providers that are offering training and inference capabilities and in some cases with less power or at a lower cost. as these enter the market, does nvidia still have the ability to grow market shares and also maintain these incredible margins? so, without having the absolute superiority and technology i start to see some of these new entrants coming into the market and putting risk on the margin and risk on the growth rate and as we have four quarters of this incredible growth rate, at some point, those numbers are going to be, you know, mid double digits not triple digit growth and will investors start to worry at that point? >> so, steve, i was going to ask a similar question. how deep or wide is nvidia's moat? in these kinds of chips? and are they vulnerable as daniel seemed to indicate to potential companies? >> it's quite wide though because we are expecting nvidia to talk about the software side of things. they have that locked up too. that in e
intel wants to have a place here. it's also coming from the cloud providers that are offering training and inference capabilities and in some cases with less power or at a lower cost. as these enter the market, does nvidia still have the ability to grow market shares and also maintain these incredible margins? so, without having the absolute superiority and technology i start to see some of these new entrants coming into the market and putting risk on the margin and risk on the growth rate and...
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Mar 25, 2024
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happening overall with shares specifically in chinese oriented at least right now and advanced micro and intel producers moving toward different directions after the ft reported this weekend that the chinese government may look to phase out and try to limit the use of american-based chips and some of the government servers and computers and that dine ammaic v dynamic. >> we'll discuss china later on in the show and first we begin with boeing moving higher after the company announced the ceo dave calhoun will step down in the wake of the latest 737 max crisis shares are down more than 40% since calhoun became ceo back in january 2020 and despite today's move, boeing remains by far the worst name in the dow falling nearly 30% since january phil lebeau spoke with the outgoing dave calhoun and joins us with more my sort of the top of mind question is the timing of this were you very surprised or slightly surprised that shareholders want it sooner or later? >> not surprised once you heard that the airline ceos wanted to meet with the board chair and directors without dave calhoun, without stan deal
happening overall with shares specifically in chinese oriented at least right now and advanced micro and intel producers moving toward different directions after the ft reported this weekend that the chinese government may look to phase out and try to limit the use of american-based chips and some of the government servers and computers and that dine ammaic v dynamic. >> we'll discuss china later on in the show and first we begin with boeing moving higher after the company announced the...