Hey, it's Kramer, and this is my morning take on the market from today's CNBC Investing Club morning meeting.

This is one of the wackier days I've seen, had a wacky squawk on the street, and that's in part because it's a better market.

We have the yields okay, so you can be a little bit more upbeat CPI tomorrow.

So we talked a lot about the teen survey, of which I don't think people understand.

This is a 6,000 person survey from Piper that historically has predicted, incredibly predictive of prices.

And there are a lot of companies that we can talk about that have done very well, and some are not doing well. Otherwise, Starbucks is wholly its own in the survey, Dutch Bros moving up. But if you were in Nike, you have to sell. I mean, that's clearly what it says. Under Armour, you have to sell. So anyway, that's what some of the things we talked about, but, and then we talked about the mega caps and today's alphabet day very significant day

for alphabet it's having a good day um they announced a new arm based custom a i chip called axion

likely made by broadcom and you know this follows broadcom or excuse me alphabet Microsoft meta

amazon they're all making these own chips right their own chips. Some of them made by Broadcom, some by Marvell. And Arm is in there. We know for Arm. Yeah, they're all armed base. But as a way, just to reduce reliance on Nvidia, AMD. NVIDIA's down because we're not talking enough about NVIDia because these are companies that are trying to win themselves off of the video. Now,

they can't.

Yeah, well, they need both. These custom

chips are a little bit more specialized in

their functions. Right. These are not

CPU, GPU, they're CPU

basic, but they are made specifically for Google.

And Nvidia does not do that. Initiate makes very big supercomputers, of which, by the way, Google's based on. So, I mean, that's not... And this custom chip business for Broadcom, I think it's supposed to, they said it's supposed to be $9 billion in revenues this year? I think it's... Significantly from the year before. But you broke that story last week.

You said point blank that this was happening.

You remember we had, you discovered.

Yeah, they had their AI day.

They talked about they had a, you know, expansion with, you know, meta, alphabet,

but they also have a third customer as well.

Many people think that's TikTok.

...