Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. Good Friday morning and welcome to Squawk on the Street. I'm David Faber with Jim Kramer. We're live from post nine at the New York Stock Exchange. Carl has the morning off. Let's give you a look at futures. We get ready to start trading for the final trading day of the week. A half hour from now, you can see we're set up for a far higher open on the NASDAQ, and you may

wonder why?

Well, that's where our roadmap starts.

Intel's blowout quarter, that stock is surging in the pre-market, setting to add to what have

been historic gains over the course of this year.

Plus, a new report says that the Iranian farm minister is likely to meet with the U.S.

for peace talks this weekend.

This is President Trump, says that Israel and Lebanon have agreed to extend the ceasefire

by three weeks between those two countries.

And another wave of corporate job cuts, Microsoft, METa, Nike, KPMG, all announced plans to shrink their workforce since that last question there.

Joe to David Sachs.

All right.

Let's start with Intel.

Look at that stock.

Blowout quarter, upbeat guidance.

Here is CEO Liputan from last night's earnings call.

He is talking about the chipmaker's long-term growth prospects.

Intel processes some of the most vital assets necessary to be successful

and to flourish in this era of extraordinary opportunity for the semiconductor industry.

With a stronger balance sheet, a new leadership team, a resumulated and motivated workforce and a renewed focus on engineering execution, we are turning

our attention squarely towards innovation to capture opportunities in the near term and to position

the company for robots growth in the long term.

...