Closing Bell Overtime: Exclusive Interview With AMD CEO; Y Combinator CEO Garry Tan Talks Reddit, OpenAI 3/11/24

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 11 March 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jon sits down for an exclusive interview with AMD CEO Lisa Su, talking adoption of AI PCs, growth expectations for AI and more. Y Combinator Garry Tan talks exclusively about Reddit’s upcoming IPO, funding for private companies 1 year after SVB’s collapse and whether he has had talks with OpenAI about a board seat.

Transcript

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0:00.0	Well the Dowie
0:02.0	we can out again as the SMP 500 and NASDAQ extend losses in a seesaw session for stocks ahead of a key inflation reading. That is the
0:13.8	scorecard on Wall Street, but the action is just getting started. Welcome to
0:17.3	closing bell over time. I'm Morgan Brennan with John Fork, who is in Austin
0:21.8	Texas.
0:23.0	Indeed I am, Morgan, good afternoon.
0:26.0	Materials, the best performing sector while industrial and real estate lagging.
0:30.0	Meanwhile, the Red Hat Semiconductor
0:32.6	sector cooling off as names like Invidia and AMD,
0:36.0	that's actually where I'm sitting right now,
0:37.7	underperformed to broader markets.
0:39.7	Coming up, I'm going to speak exclusively
0:41.5	with AMD's CEO Lisa Sue. Again, I'm going to speak exclusively with A&D CEO Lisa Sue.
0:44.0	Again, I'm at the campus here in Austin.
0:46.8	She just got off the South by Southwest stage.
0:49.5	Just a bit ago, we're going to talk about the health of the chip industry
0:52.1	and the outlook for AI.
0:53.7	Don't want to miss that. Speaking of AI, why Combinator CEO Gary Tan gives us his take
0:59.6	on that explosive growth as well as the outlook for startup funding one year after the collapse of Silicon Valley Bank
1:06.2	And don't forget we are just moments away from oracles earnings. We will have instant analysis of those results as soon as they are released, but let's begin with our market panel.
1:16.5	Joining us now Schwab Asset Management, CEO and CIO, Omar Aguilar and
1:21.2	CNBC Senior Markets Comment Markets commentator Mike Santoli.
	...

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