Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer. I'm

friends. I'm just trying to make you a little money. My job is not just entertained, but to educate

to teach you. So call me at 1-800-743-C-pcBC. Tweet me at Jim Kramer. Normally, when the government gets involved with business,

you expect it's going to be bad,

or at least bad for the business in question.

In this country, we like private and industry to stay private,

and we want its interactions with the federal government

to be as minimal as possible, unless the company needs a bailout.

Otherwise, just forget it.

But that's not the way of this government.

Certainly now when it comes to Nvidia or AMD, as we learned today, which had most

be buzzing on an otherwise mixed session, Dow slipping to 1-1 points as being declined.25%

NASDAQ edging down, 0.3%.

This morning, we learned that the U.S. government is planning

to take a 15% cut on all the AI chips that these two companies are currently selling to China.

For Nvidia, that means a 15% cut only age 20, which was their cutting edge ship for AI a few years

ago, something they were previously banned from selling in the PRC.

The president then said that Nvidia might be getting approval to sell a next-generation chip to the Chinese,

something, wow, more like their current version, Blackwell, except that it won't have as much computing power.

We didn't expect that Blackwell could be allowed in China.

This was a big deal that the market completely just ignored. That was a mistake.

President had asked for a 20% cut of revenues. But Nvidia's CEO, Jensen Wong,

...