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

Good Tuesday, morning. Welcome to Squawk in the Street. I'm Carl Kington, I'm Jim Kramer at Post-9 to the New York Stock Exchange.

David Faber's on assignment. Pre-markets mixed as the market awaits NVIDIA tomorrow night.

And Ways, Macy's, Lowe's, Palo Alto, in the meantime, oils down a buck, and on assignment. Pre-markets mixed as the market awaits NVIDIA tomorrow night. In ways,

Macy's, lows Palo Alto in the meantime. Oil's down a buck and Brent back to a two-month low.

Our roadmap begins with waiting for NVIDIA. Chip Stucks helping to fuel the record highs for tech and options do point to a big swing for NVIDIA when it reports tomorrow.

Diamond succession plan. The JPMorgan Chase

CEO signals his retirement will come probably within five years and a consumer check.

Lowe's and Macy's delivering some quarterly beats. Let's begin, though, with the markets, Jim.

And I guess, I don't know, a bit of the setup here, tech all-time high on the S&P.

You know, I've got to tell you, there are semiconductors yesterday that aren't even doing well, or at least that have just hinted that things are turning. Texas Instruments gave you a little sense of things turned. His stock was just on fire. Mike Ron on that basically capitulation call, look, I've missed it, I'm going positive on it. It worked. Qualcomm on the idea

that some people are looking for their chips, even though they should be in abundance.

Yesterday was a day where Broadcom begin to knock on the door. We're talking about a top 10

company in America. And if they would only split the stock.

Do you know I asked Jensen whether he would split the stock? Of course, Jensen being the CEO of NVIDIA, the one-man name. He's like, sure, now. And he said, well, consider it. Do you know what that would happen? Do you know what would happen if they split that stock? I mean, you got a 10% move. It would be insane. it would be based on nothing.

Well, we're going to get a 10-for- It would be insane. It would be based on nothing.

Well, we're going to get a 10 for one LRCX along with a big buyback today. Well, you know, it's funny. Lamb has always been much more pro-shareholder than the others. And that's hard because supply materials are very pro-share. It's a good group. But I have to tell you, I think that lamb is the intellectual property of so many.

You know, when you say like you want to build a fath, like Secretary, you know, Rambundas, I want to build a fat, this is what is it, this is what's in it, this is what America really makes. You know, KLA, Lamb, the problem, this is what we really do. You know, people, you know, like, even in Taiwan, send me, you go in there and you think, well, this is what we really do.

Even in Taiwan semi, you go in there and think, well, it must be all Taiwan.

It's American.

And there's this fascinating story on the tape today about ASML and Taiwan semi,

being able to, what, turn off the chip machines if China invades Taiwan?

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