What a China Chip Ban Could Mean for Nvidia, and Digging In on the Bank Stress Tests 6/28/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 28 June 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Shares of Nvidia dropped today after reports that the Biden administration is considering more restrictions on sales to China. But with so much of the company’s business coming from the country, what could that mean for future growth? Plus banks releasing stress test results for the first time since the collapse of SVB. What to make of their status and how it impacts investment opportunities in the space. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	Right now in fast and videos A-800 problem, the semiconductor giant facing a potential ban
0:06.6	on exports of a key AI chip.
0:08.8	How much could it impact the company and why are lobsters getting caught up in all this
0:12.5	drama?
0:13.5	Plus, as it's time to ban on the banks, major financials releasing their latest round
0:17.0	of stress test results the first since a collapse of Silicon Valley bank, but should the reports
0:21.6	give investors confidence in the speed and down sector?
0:24.2	We'll debate that.
0:25.2	And later, a Pinterest pop, Netflix streamed higher in all eyes on night yearnings.
0:29.2	The fast moving stocks on our radar tonight.
0:31.4	I'm Melissa Lee.
0:32.4	This is fast money.
0:33.4	We're live at the Nasak market site on the desk tonight.
0:35.1	Karen Feinerman, Courtney Garcia, Steve Grasso, and Tim Seymour.
0:38.8	And we start off with the earnings alert on micron shares are popping after the chipmaker
0:42.0	top fiscal Q3 revenue expectations and said it is seeing a recovery and it's supplied
0:46.6	a man balance.
0:47.6	But the CEO wasted no time in addressing the headlines that weighed on chip stocks all
0:51.6	day.
0:52.6	The potential new restrictions on Chinese exports of AI chips.
0:56.0	Christina Park's nevelest has been following both stories all day long.
0:59.3	Christina, what's the latest?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.