Nvidia Invests $5B In Intel, Fed’s Path Forward, Live: FCC’s Brendan Carr On Jimmy Kimmel’s Suspension 9/18/25

Squawk on the Street

CNBC

Investing, Business, News

4.1 • 567 Ratings

🗓️ 18 September 2025

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

Anchors Carl Quintanilla, David Faber and Jim Cramer began the hour with Nvidia’s $5 billion investment in Intel, as part of a deal to co-develop data center and PC products. The news sent shares of Intel surging sharply at the market open. The desk also discussed the Fed’s decision to cut rates for the first time in 2025, with 2 more cuts likely before year end. Later in the show, FCC Chairman Brendan Carr joined the program to discuss ABC’s decision to suspend Jimmy Kimmel over his remarks about Charlie Kirk.

Transcript

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0:00.0	Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kinteneer with Jim Kramer, David Faber, at Post 9 to the New York Stock Exchange. Stocks look to add incrementally to these recent highs following the Fed's recut, 10-year back near 4-1. Jobless claims did retreat from last week's near four-year highs. Our roadmap begins with this big
0:22.6	move in semis today. Intel surging as NVIDIA invests $5 billion in the chipmaker. We'll talk about
0:28.3	what it means for both of them. Plus, the Fed is making its first rate cut in nine months
0:32.8	and signaling that more cuts are to come what that means for the markets from here.
0:45.1	And Disney's ABC Network, Yanks Jimmy Kim alive off the air indefinitely, this after his remarks about Charlie Kirk.
0:48.1	FCC chair, Brendan Carr, will join us this hour.
0:50.6	We will talk about that.
0:54.3	Let's begin with Nvidia and Intel. NVIDIA announcing it'll invest $5 billion in Intel as part of a deal to co-develop
0:58.5	data center and PC products.
1:01.5	In the release this morning, NVIDIA's Jensen Wong said, quote, this historic collaboration
1:05.7	tightly couples NVIDIA's AI and accelerated computing stack with Intel's CPUs and the vast X86 ecosystem,
1:13.1	a fusion of two world-class platforms.
1:16.1	Together we will expand our ecosystems and lay the foundation for the next era of computing.
1:21.6	Doesn't include a deal, Jim, for Intel to make Nvidia's high-end chips,
1:26.6	but this will be one of the best days price action-wise Intel's ever had.
1:31.5	I've always felt that when Lipp Butan won that the semiconductor man of the year
1:36.1	was Robert Noisse in 2022, and one of the introducers was Jensen Wong, that there would be
1:41.6	some sort of partnership here.
1:43.1	I did not know it would be this
1:44.8	fabulous. The reason why this is so great is, if you can imagine, Nvidia gets PCs, Nvidia gets
1:50.9	consumer. They don't have consumer. Intel is already in with a CPU. Now, Nvidia will be using
1:56.9	their CPU. It's easy to see how AMD could be dislodged. It's easy to see how Arm can be
	...

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