Hi, I'm C. NBC producer Katie Kramer, and this is Squack Pod. The FBI's surprise

search of Marilago, what they're looking for and what it means for both Democrats and Republicans in 2024.

C. NBC's Aiman Javers.

You have to imagine that this is something more than just a document retention policy issue, right?

You don't send the FBI in with no notice to a former president's home unless it's very, very serious indeed.

And 52 billion dollars incoming.

U.S. chipmakers are at the White House for the CHIPS Act signing,

one of those semiconductor CEOs Thomas Caulfield of Global Foundries.

That 52 billion is going to release $150 billion because it's about a 30% funding ratio.

So it's a big pot of money when you think of the total cap-ex it's going to deploy to creating semiconductor

manufacturing in the US.

Those big stories, plus a stopper in the European oil pipeline, Google's traffic jam, and

meme trades are back if they ever left.

So Fies Liz Young.

But be careful not to invest things, especially in a stock like Bed Bath and Beyond that's

up this much over just a couple day period,

don't put money in it that you're not prepared to lose

in case things turn the other direction very quickly.

It's Tuesday, August 9, 2022.

Squawk Pod begins right after this.

Welcome back to Squack-Pod.

And we start with a dramatic headline today. The FBI conducted

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