Closing Bell Overtime: Exclusive Interview With AMD CEO Lisa Su; Chime Board Member On IPO; Coinbase CEO Live From Crypto Summit 6/12/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 12 June 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jon sits down with AMD Chair & CEO Lisa Su at the company’s AI event where she unveiled a new raft of AI products. Our Steve Liesman breaks down the day’s data, dollar, and yields. Markets in focus with Ryan Detrick of Carson Group and Barbara Doran of BD8 Capital. Plus: Coinbase CEO Brian Armstrong from the Crypto Summit on what’s next for the industry, and Menlo Ventures’ Shawn Carolan, a Chime board member, on the company’s IPO and stock pop.

Transcript

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0:00.0	Stand of regulation. Cardinal Health bringing the closing bell at the New York Stock Exchange,
0:04.0	Innovate GBM doing the honors at the NASDAQ. Stocks, looks like, finishing largely higher,
0:10.3	with the exception of the Russell 2000 and the Dowd Transports. Oracle hitting an all-time high
0:14.4	in the back of strong earnings and bullish commentary on its cloud growth. Tech heavyweights,
0:19.1	Microsoft, Nvidia and Broadcom all moving higher in sympathy.
0:22.4	Microsoft at another all-time high. Chime, the big IPO of the day, shares opening at $43,
0:28.0	soaring 37%. The company priced its IPO at $27 per share. A number of staples names hitting
0:35.0	multi-year lows, including Brown Foreman, Conagra, and Campbell Soup.
0:38.9	Brown Foreman is at its 2013 lows.
0:41.2	Golds hitting a one-week high, though, that's helping the miners.
0:44.2	Newmont, Harmony, and Barrick mining are all up more than 3%.
0:51.3	Well, that's a scorecard on Wall Street.
0:53.4	Welcome to closing bell overtime where winners stay late.
0:56.8	I am John Ford, along with Morgan Brennan.
0:59.1	I'm live from AMD's advancing AI event in San Jose in just a couple minutes.
1:03.3	The company CEO, Lisa Sue, is going to join me here live.
1:06.2	We're going to talk AI, CAPEX spending, and increasing competition.
1:10.9	Well, thanks, John.
1:12.0	Also ahead.
1:13.3	First on CNBC interview with Coinbase CEO Brian Armstrong on their partnerships
1:18.2	and one of Chimes board members and investors on today's IPO as well.
1:22.9	But let's first begin with the U.S. economy because yields are falling again after the latest read on inflation
	...

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