David Tepper, A State Banquet, Nvidia Invests in Intel 9/18/25

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 18 September 2025

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hedge fund billionaire David Tepper, founder of Appaloosa, discusses his bets on AI, his latest call on Chinese equities, and the lessons he’s learned after years of beating the market. Senator Elizabeth Warren (D-Massachusetts) discusses the Federal Reserve’s rate cut, and Eamon Javers reports on President Trump’s U.K. visit and the state banquet between American tech CEOs, the President and First Lady, and the royal family. Biographer Walter Isaacson discusses the cocktail of business and geopolitics served at that dinner. Plus, Nvidia is investing $5B in Intel. Walter Isaacson - 24:22 Senator Elizabeth Warren - 32:10 David Tepper - 44:24 In this episode: Elizabeth Warren, @SenWarren Jon Fortt, @jonfortt Eamon Javers, @eamonjavers Mike Santoli, @michaelsantoli Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.5	No shortage of news.
0:10.9	Late night star Jimmy Kimmel, taken off the air by Disney,
0:14.3	following his comments to the reaction to the death of Charlie Kirk,
0:18.1	media reporter Matt Bellany.
0:20.0	ABC was hearing from both affiliates and explicitly from the FCC chair, who was threatening
0:27.4	saying this is going to be the hard way or the easy way.
0:31.6	Invidia is investing in erstwhile competitor Intel and tech CEOs joined President Trump
0:36.6	on a state visit in the UK,
0:38.6	unpacking that cocktail of tech, geopolitics, and economics with Walter Isaacson.
0:43.8	It certainly makes me uncomfortable that there's a lot of what you could call state capitalism here.
0:51.7	The Federal Reserve's long-awaited rate cut is here, how American wallets are
0:56.4	faring with Senator Elizabeth Warren.
0:59.1	I'm just concerned right now about the economy overall, and I recognize that rate cuts
1:05.5	by themselves are not going to fix the problems that Donald Trump is causing.
1:10.7	And investor David Tepper.
1:13.0	Markets watch his moves.
1:14.7	Tepper on the Fed's role on sentiment.
1:17.3	You've got to be careful not to make things too hot to have the other side of the
1:22.0	mountain, which was really freaking ugly, you know, in 2000 and 2001.
	...

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