Good Monday morning. Welcome back to Squawk on the Street. I'm Sarah Eisen with Carl Cantania and David Faber, live as always from post nine of the New York Stock Exchange. Stocks are rallying on this Monday morning. That's just a little bit. We're up five points on the S&P. NASDAQ, again, unchanged. Dow up three. Big report of the week is going to be CPI tomorrow. We'll talk about that in just a moment ahead of that. We've got treasuries on the move.

They're still almost 100% odds of a of the week is going to be CPI tomorrow. We'll talk about that in just a moment ahead of that.

We've got treasuries on the move. There's still almost 100% odds of a rate cut being priced in the first September. The 10 year are a little bit lower, so there's buying at the long end, and then the short end, some selling with the two-year note yield, a little bit firmer, 3.76%. Today, new reports in Vidia and AMD will pay the U.S.

government a portion of China chip sale revenues. As the Intel CEO makes his way to the White House, we've got all the details from Washington. And then breaking news this morning on a new home

for UFC, Paramount Plus. TK.O. Holding CEO Ari Emanuel and President Mark Shapiro will be here at the New York Stock Exchange. Plus, Barrack Mining, just reporting earnings as we await clarification on these gold tariffs. The CEO joins us first on CNBC in just a few minutes. The president is set to speak this hour on a busy morning for headlines when it comes to the semis.

Let's get to Amon Javreys this morning from the White House. Hey, Amin. Yeah, Carl, that's right. We were expecting the president right at the top of 10 o'clock. Looks like they're running a little bit behind here. And a whole lot to hear from the president of the United States this morning. He's going to be talking about crime in D.C. and a new effort that they're putting in place

here to use federal law enforcement to solve the crime problem in D.C.

But what we're going to be interested in from a market's perspective are a couple of things.

One is this report now confirmed by a White House official to me that the AMD and NVIDIA have

both agreed to give 15% of their chip sales to the U.S. government

in exchange for the permission to export those chips, a White House official flagging some comments by the Commerce Secretary Lutnik over the weekend in which he said,

look, that's just Nvidia's fourth best chips.

So downplaying the idea that

there's a national security threat here from the sale of these chips which is now

been agreed to by the US government in exchange for that 15% payment we're

also waiting as you guys were just talking about on some questions on gold

tariffs the White House had said last week that the information that was in the media over the couple of days preceding the weekend was misinformation.

But they haven't said exactly what was misinformation, and they haven't said exactly what the president plans to do about it.

We are told to expect some new executive orders on gold as well.

And then, of course, the big question is whether the president's going to extend that China deadline, which is tomorrow.

There was some expectation after the visit of the Treasury Secretary to Sweden and those negotiations with the Chinese side

that we would see the president in more or less short order go ahead and extend

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