It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street. Don't miss a minute of the action. Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kintanian with David Favre here at post-9 of the New York Stock Exchange. Kramer's in San Francisco, continuing his blockbuster week on the West Coast. meantime stock's looking for some follow-through as the Bulls try to crawl back to last

Friday's high.

We are heavy on tech chip and AI news today, along with FedSpeak, half a dozen speakers

on a day where without the shutdown, we would have gotten PPI and claims.

Our roadmap begins with no let up in that AI boom.

Salesforce up pre-market after giving a rosy forecast for the next few years and profit at

TSM hitting another record on AI chip demand. Plus the back and forth over trade, China blames

the U.S. for the global panic over rare earth controls, while President Trump confirms, at least in

his opinion, that we are in a trade war with China. And Sam Altman's defending his decision to

allow contents such as erotica on chat GPT, saying, quote, we are not the elected moral police

of the world. Let's begin, though, with Salesforce up in the pre-market, as we said, the company

forecasting revenue of more than 60 billion in 2030, citing some optimism regarding

its AI offerings. The guidance was announced yesterday during a presentation at Dreamforce, Jim.

You've been all over this. A lot of people talking about a return to double-digit growth.

This was an extraordinary conference they had last night where they basically admitted, you know,

what, we had a lot of customers last year at Dreamforce. We weren't ready. We didn't really know how to do it, but we figured it out,

and now the customers are coming. It kind of kills the narrative that's been really dogging this

company, which is that their old business isn't doing that well as people decide not to take the product,

and the new business is not inflecting. What we heard was the old business is doing well as people decide not to take the product. And the new business is not inflecting.

What we heard was the old business is doing well. People are not canceling the product. The new

business is just starting to inflect in the next 12 to 18 months, going back to double digits,

so it will return to being its old growth strength. That's why you're seeing something as strong as this move,

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