What's in store for Invidia from Marketplace. I'm Sabri Benishore in for David Brancaccio.

Invidia, maker of AI and gaming chips, is not quite meeting Wall Street's lofty expectations.

The company announced second quarter results yesterday, which were pretty good, but they fell short in one key area.

Marketplaces Nancy Marshall-Genzor has that.

Invidia computer chips help power AI and the data centers being built by the likes of Google and meta.

Its newest chip, the Blackwell, is selling briskly, butIA's data center revenue came in below analysts' expectations,

sparking fears of a slowdown in AI spending. Still, the company reported overall revenue for the

second quarter of more than $46 billion, up 6% from the last quarter. It's expecting to

break in even more money this quarter.

NVIDIA designed a special chip for China, but it didn't sell any of them to China in the second

quarter and doesn't include any China's sales of the chip in estimates for this quarter.

I'm Nancy Marshall Genser for Marketplace.

President Trump has been relentlessly trying to gain control over the Federal Reserve,

attacking its independence, most recently with the ongoing attempt to fire Fed Governor Lisa Cook.

But what specifically does the president want from the central bank? Well, he wants lower interest rates. The current federal funds rate,

these are the short-term rates between banks that spill over into the rest of the economy. The current

rate is around 4.5%. The president would like it down to 1%. So what if that happened? Marketplace's

Justin Ho has Has that.

Let's say the Federal Reserve cuts the federal funds rate to 1% tomorrow.

George Perks, macro strategist at Bespoke Investment Group, says the first place he'd see a reaction would be in government bond yields.

So interest rates would drop across the entire benchmark treasury curve.

Meaning both short-term and long-term rates.

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