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

You know, I spent a lot of time with NVIDIA.

Look, you do some things right, do something's wrong in life.

I got this one right, and I have to tell you, over the course of the long term,

I have to tell you that this is not the reaction that is in keeping with what they intended to do in China.

There's a belief that the Chinese, including the government, are going to encourage writing, coding on invidious chips because they're far stronger and better than what they have from

Huawei.

This company is the way.

You get shut out of the world if you don't adopt it.

The Chinese want this badly and yet there's a financial time story which says the

Chinese government really doesn't want to encourage it.

Now these stories are what I encourage it. Now, these stories

are what I call lies. Remember, I've been a journalist for 40 years, okay? You can make a headline

and a story, and it can be a lie, and no one is ever going to put you in the journalism,

to jail, because there is none. So let's understand that my information is right,

and I don't know where the hell they get their information, but they're wrong. It is a retail

stock. You and I have owned it all the way, and I've got to tell you that they are shocked

that this stock's declined. And just to bring back the news, it came out yesterday, the U.S. approved sales of the H-200

AI chips to approved customers in China.

The U.S. is going to get a 25% cut.

You mentioned why it should be up.

Well, if you look at the impact, Wells Fargo, they estimate this could add 25 to 30 billion

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