Jensen Joins The Party… And Next Move In Rates As Warsh Gets Confirmed 5/13/26

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 13 May 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nvidia CEO Jensen Huang adds to a stacked invite list of company chiefs joining President Trump on his trip to China. What to expect out of his discussions with Xi Jinping, and how the meeting could impact the company’s being represented. Plus Cisco and Stubhub report results, Ford drives higher after some Wall Street love, and cashing in your chips; why the chartmaster is selling out of semis with the group at all-time highs. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market site in the heart of New York City's Times Square, this is
0:05.2	fast money. Here's what's on tap tonight. The golden ticket, chairs of NVIDIA, jumping to new
0:09.5	records as CEO Jensen Huang, books a last minute trip to join Donald Trump in China. What's on
0:14.6	the agenda in Beijing and just how much is at stake at the meetings this week? And the next Fed
0:19.6	chair confirmed, but with inflation
0:21.5	still running hot and rates at nearly one-year highs is Kevin Warsh inheriting a more complicated
0:26.1	economy than he expected. We'll debate that. Plus, Nike swooshes to 12-year lows by shareholders
0:31.9	are struggling or shrugging off the X-000 group guidance and Ford revs up. Share seeing their best day in over six years.
0:39.4	What for the stock in overdrive?
0:41.1	How much further can it run?
0:42.9	I'm Melissa Leak.
0:43.7	I'm Melissa Lecombe, Lafrey studio be at the NASDAQ on The Death Tonight.
0:45.8	Tim Seymour, Karen Feinerman, Steve Grasso, and Guy Adami.
0:49.2	And we start off with that 11th hour invite that sent shares of NVIDIA to new record highs. This time yesterday,
0:56.0	the Chip-Dine CEO was not on the list of execs accompanying President Trump on his trip to China,
1:00.7	but late last night, Jensen Huang boarded Air Force One in Alaska, joining Trump in more than a dozen other CEOs heading to Beijing.
1:08.3	The news helped NVIDIA stock to gain more than 2%. It's six straight
1:12.7	day in the green. Shares are up 15% during that run. The move power in the NASAC to new highs as well,
1:18.5	the tech heavy index up 1.2% today, twice the gains of the S&P 500. So does Wong's trip to China
1:24.2	suggest Nvidia is back in the driver's seat for the mega-cap tech trade.
1:27.7	Does it say something about semiconductors in the AI trade, Tim?
1:32.3	Well, it certainly says the influence that he has even within the power brokers, not only in technology, but in the White House.
	...

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