Hi, I'm Joe Kernan, co-host of Squawk Box with Becky Quick and Andrew Ross Sorkin.

And this is five things to know before the opening bell.

Semiconductor equipment giant ASML says it expects, in its words, a significant sales decline in China next year.

Still, the Dutch company said it doesn't expect 2026 total net sales

to fall from this year's. French luxury house LVMH. We had ASML, I got LVMH. You got to pay attention.

Reporting growth of 1% the most recent quarter, reversing two consecutive quarters of declines.

Boston, actually, let's start with the Boston Fed president

is Susan Collins.

That's, I'm leading with that.

She's also a long-running famous senator from Maine,

says she, different person, I think.

Could be like Scott Pessam, says she thinks rising job market

risks support the case for more interest rate cuts and Apple getting ready to scale up manufacturing

outside China. Bloomberg says the company's planned home command hub as well as security cameras

and a table top robot will be all made in Vietnam.

And OpenAI CEO Sam Altman said in a social media post yesterday that adult chat GPT users

will soon be able to access a less censored version of the chat bot which will include erotic materials

Altman said that as the company ramps up protections and age gating it would be able to

safely relax restrictions for many adult users who had no mental health problem

and how do they figure that out ahead of time?

I don't know.

It's like trying to threat a very fine...

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