Squawk Pod: Nvidia reports! And Berkshire hits $1T - 08/29/24 | Audio Only

Nvidia reported surging demand for its chips, but after much anticipation around the company’s Q2 report, Wall Street was unimpressed. Semiconductors are part of America’s strategy for tech dominance; the White House’s former CHIPS Coordinator Ronnie Chatterji explains the players in the global chips game. OpenAI is eyeing a funding raise to bring its valuation to $100 billion, and Berkshire Hathaway is now in the $1 trillion club. Plus, CNBC’s Emily Wilkins is on the ground in Virginia, where federal employees are concerned about former President Trump’s proposal to move the workforce away from the DC-metro area.
In this episode:
Becky Quick, @BeckyQuick
Mike Santoli, @michaelsantoli
Robert Frank, @robtfrank
Katie Kramer, @Kramer_Katie
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Brown Robert Wilson Carol Clark Barbara