Live from the Nasak Market site in the heart of New York City's Times Square,

this is fast money. Here's what's on top tonight.

Breaking news, Qualcomm approaching intel about a takeover in recent days.

Shares of intel spiking on the report before coming

back down to earth we'll have the latest on this developing story

straight ahead. Plus Apple officially putting the iPhone 16 on sale, lots of

pomp and circumstance, bull sales match all the hoop flow. We'll talk to one

analyst who is still bullish on a coming super cycle. And later, going nuclear, constellation

energy, working to turn the power back on at Three Mile Island.

You heard that right.

Microsoft signing a deal to get its hands on all that power for the next 20 years.

The details on the deal and the flood of funds for nukes coming up.

I'm Melissa Lee coming to you live in City of

the Nazac on the desk tonight. Courtney Garcia, Dan Nathan, Guy Dami, and

Mike Coe. We start off with that breaking news in the chip space reports in the

last hour that Qualcomm approached Intel about a takeover in recent days.

This as investors continue to doubt Intel's costly turnaround plans and its ability to design

and manufacture next generation chips.

If a deal were to get done it would be one of the

largest tech mergers ever. For more on all of this, let's bring in Bernstein

senior semiconductor analyst Stacy Raskin. Stacy, great to have you with

us.

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