But why stop there . The answer is its not enough. Jensen huang unveiling the new generation of nvidias ai chips yesterday at the companys developers conference. Welcome to squawk on the street. Im david faber. Live from the new york stock exchange. Jim cramer is in san jose, california. He is at nvidias gtc. Hes going to have a live and exclusive its both live and exclusive interview with jensen huang. That will be in the next hour. Of course, we or very much looking forward to it. A half hour from now we get started with trading. Lets give you a quick look at futures. We are in the red. So perhaps a lower open when we begin trading. It starts with nvidias potential ai gamechanger. The Company Unveiling its latest, more powerful Artificial Intelligence chips which Ceo Jensen Huang says are twice as powerful for training ai models that the current gpus. The feds march meeting kicking off today. The bank of japan raising Interest Rates. No longer are they negative in that country. And w
Pun unfortunately intended. Yes. And bitcoins record and retreat. Targets big pop, and generative a. I. To the insurance business. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, guy adami, and julie beal. Apple dropping 2. 8 today. They are down 14 from the record high hitless less than months ago. They have lost 450 billion in market cap. The latest catalyst weighing in on the stock, a report that found iphone sales in china plunged 24 in the first six weeks of the year. Market share in the companys thirdbiggest market also falling. And apples weakness today did seem to filter into the broader market. The nasdaq closing just above the 16,000 mark. The s p and dow also down more than a percent. So, was this is the break in the market euphoria that some of the desk had been waiting for, before you answer that, i want to point out that nvidia and supermicro finished higher today. Positive. Extraordinary. So, whats the deal her
Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quickly generate were degenerate into jargon laden discussions with three true experts on the topic but dont assume your average member of congress or dont understand i dont assume i understand the nuances when you get into ai. We want to have a discussion with your average american to understand today. We are asking you to demystify a lot of the concepts surrounding aia and the thing about the topic t
Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quickly generate were degenerate into jargon laden discussions with three true experts on the topic but dont assume your average member of congress or dont understand i dont assume i understand the nuances when you get into ai. We want to have a discussion with your average american to understand today. We are asking you to demystify a lot of the concepts surrounding aia and the thing about the topic t
Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quickly generate were degenerate into jargon laden discussions with three true experts on the topic but dont assume your average member of congress or dont understand i dont assume i understand the nuances when you get into ai. We want to have a discussion with your average american to understand today. We are asking you to demystify a lot of the concepts surrounding aia and the thing about the topic t