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CNBC's "Fast Money"

Nvidia CEO Weighs In On White House Tech Meeting… And An Ominous Sign For Retail Description 9/12/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 12 September 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Top tech execs meeting with White House officials to discuss the future of AI energy usage. What the Nvidia CEO had to say about production, chip delays, and more. Plus Not so jolly tidings ahead of the Christmas season, as a new report point to weak sales. What it says about the consumer, and the retailers that could be seeing a lump of coal this season. Fast Money Disclaimer

Transcript

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0:00.0

Live in the Nesac Market site in the heart of New York City's Times Square.

0:05.0

This is Fast Money.

0:06.0

Here's what's on tap tonight.

0:07.0

Jensen Huang on the record, all the headlines from the exclusive

0:10.0

CNBC interview with the invidious CEO

0:12.0

straight from his meeting at the White House, what he had to say. of is the five-dollar value menu till at least the end of the year.

0:24.0

What it will mean for the company

0:25.0

and how the competition stacks up.

0:27.0

Plus, the Moderna meltdown, the guidance that sends shares to 10-month lows.

0:31.0

Roach's weight loss pill raises some concerns over potential side effects, and

0:34.7

is it too early to start the countdown to Christmas?

0:37.7

Sure, never, never, Guy, Adami.

0:41.1

The latest read on how holiday sales could hand out this year. I'm Melissa Lee coming to

0:45.5

you a lot from the studio at the Nasak on the desk tonight. Tim Seymour, Guy Adami,

0:48.9

Dan Nathan and Steve Grosso. We start off with two big stories tonight. First McDonald's extending its

0:54.0

five dollar value meal from the summer into December at most of its locations the

0:58.7

fast food chain looking a win-back customers with discounts as diners grapple with persistently high prices.

1:04.5

But we start off with NVIDIA CEO Jensen Huang and other top tech execs meeting with White House

1:09.3

officials to discuss AI's energy use.

1:12.2

Our own Megan Casella spoke with Huang in an exclusive interview right after that meeting.

1:16.2

Megan.

1:17.2

Hey Melissa, that's right.

...

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