Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street.

Good Friday morning. Welcome to Squawk in the Street. I'm Carl Kington-Awa, Jim Kramer here at post-9

of the New York Stock Exchange. Faber has the morning off. Stock's losing a little more steam after the

S&P couldn't quite erase losses for the week on Thursday. Davos wraps up. Focus returns to

earnings like Intel and the Fed decision next week.

Our roadmap begins with Intel tanking on the back of the soft guidance. We'll talk about what

the streets say and about the stock. Inviti is moving higher, though, on these reports

that China's government has told tech companies they can start preparing to buy some of those

H-200s, and almost half of the U.S. is bracing for a massive

winter storm that's expected to bring heavy snow and ice, airlines canceling hundreds of flights

ahead of that. Let's begin, though, with this move in semis. Invidias, we said, higher in the

pre-market on this report, that officials in China have told Alibaba and other large tech

firms they can begin preparing orders for NVIDIA's H-200 AI chips.

On the flip side, Intel's down after this soft guidance due to supply constraints as it struggles

to meet demand for its chips used in data centers.

This is Liputin on last night's call.

The opportunity ahead is meaningful and significant as AI-driven computing expands all the markets we serve.

But I'm also mindful of the challenges ahead of us and transparent about the areas that we are doing well and areas

we need to improve.

In the short term, I'm disappointed that we are not able to fully meet the demand in our markets.

My team and I are working tirelessly to drive efficiency and more output from

our faps. While you are in line with our internal plans, they are still below what I want

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