nvidia has all of the momentum, but broadcom is building these custom a.i. accelerators.e hyperscalers want to control their own destiny and that they are looking at broadcom as their number one partner. and we've seen it with google and their custom a.i. chips. i think it's just the beginning. and, of course, they don't just have the custom a.i. chip, they have networking and so many other parts of the technology stack. i'm just incredibly bullish of their outlook. and i've had the chance to spend time with their ceo and and president, and when they tell the story, i just really see the pieces coming together, and it's going to be very favorable for broadcom long term. stuart: look, it's $192 per share premarket as of right now. tell me where it's going. >> it's going up. [laughter] you know, in terms of where it's going to be over the long term, it's going to come down do they turn their three or four big hyperscaler wins, stuart, into with five plus. and i think they have the potential to do that with these custom a.i. chips. i think that 250 number will be in the rear

broadcom up over 2% amd up nearly 1%. we have a very busy hour still ahead. world wide hour still ahead. world wide exchange returns. stay with us. (vo) explore the world the viking way from the quiet comfort of elegant small ships with no children and no casinos. we actually have reinvented ocean voyages, designing all-inclusive experiences for the thinking person. viking - voted world's best by both travel + leisure and condé nast traveler. learn more at viking.com. think of as landfills into engineering marvels, while helping to protect the natural environment. >> learn more about our. >> modern landfills at. plastic is commonly used across the retail industry to ship products. now, w.m is collaborating with the leading retailer to give these hard to recycle plastics. >> a. >> second life. see how at. >> february jobs report, the first full report under the new administration, will employment remain resilient? what the data could signal for the fed. employment numbers and analysis. squawk box friday, 8:30 a.m. eastern on cnbc. cnbc spotlight delivers the b

broadcom up by .4%. mike shepard joins us. the devil is in the detail here.ld any loans be taken away from a company that has already been given it? mike: what indicates that there will not be any callbacks that actually take place. if a check has been written to a company and cash, nobody is coming knocking on their door saying hey, we want uncle sam's money back, to put under some other priority under the new administration. but at the same time, it does raise the question about money that has been committed but not yet dispersed. with the be any delays on that, efforts by the president and congress or the commerce department which oversees this program for redirect the money. even that is a remote prospect. when the president said that he should just have congress "get rid of" the c.h.i.p.s. act, he turned around and looked at mike johnson. that put the ball in congress' court more than anything else. we seen changes in this chip act , and that is that the doge- driven cuts, driven by elon musk , they've lost employees who will oversee deployment and disbu

nvidia, broadcom amazon microsoft, apple they're all weaker right now. bit of strength in palantir and costco inside the nasdaq for instance. but again there's a bit of a rotation into defensives like consumer staples health care. those are your winning sectors today. financials are up today. real estate is up as well as for treasuries getting some manufacturing data which we'll hit in just a moment. we are seeing a mixed picture. the ten year yield has just gone lower. so it's reversed 4.2%. and the two year yield holds above 4% 30 minutes into the trading session. here are some movers we're watching. keeping our eye on the chips today. moving on. reports that chip designers nvidia and broadcom are running manufacturing tests with the company, which could lead to some big contracts. we're talking about intel. that is where they're running tests there. intel. the other two lower tesla higher after coming off its worst month in more than two years. morgan stanley's adam jonas reinstating the stock as a top pick in the us auto space $430 price target. and

broadcom shedding 6%. this as invest evers sought sanctuary in more defensive stocks such as real estate and goods. safe haven asset gold held steady. and global marks had asian stocks lower on tuesday's session. now beijing, as we heard, has vowed to retaliate with 15% tariffs on u.s. goods in certain sectors, particularly targeting the agricultural sector, obviously important to trump's base, but also eliminating the export of goods to 15 u.s. companies. now european markets also opening lower as they digest the ramifications. u.s. futures ticking slightly higher overnight. a lot can change. back to you, frances. >> thank you. >>> new this morning, president trump has suspended military aid to ukraine just days after he berated president zelenskyy in the oval office. a white house official says the pause is to ensure that american aid is, quote, contributing to a solution. it is a stunning reversal after nearly three straight years of bipartisan u.s. support for ukraine. and, when asked about mr. trump's

and we see a lot of that with broadcom with other local companies, advanced micro devices., they're going to build the plants in places at are cheaper than here. yeah that makes sense financially. but a lot of this is going to trickle into silicon valley because it could be very much a job creator. the reputation of chips are all of a sudden sexy again and really important because of the rise of ai. and their taiwan semiconductor is the largest, but no one is doing it as much or as lucratively as we do in silicon valley. okay, we mentioned president trump, a political win seemingly for him. but on this level, was president biden involved in getting these deals done? you know, there's such a short term sort of difference between the time when biden was in office and trump. so you could say maybe these negotiations were going on. but if you think about the first four years that trump was in office and even the last month, this really has his fingerprints all over it. so does the apple deal. he is trying to at least get the headlines of companies saying, we want to business in

stocks like palantir, tesla, broadcom all moving higher after hours as commerce secretary howard lutnick made new comments on tariff negotiations. for the latest state of play, let's get to our megan costello. megan. >> melissa, a truly remarkable day here for trade policy and for geopolitics writ large. it started with all of those tariffs kicking in just after midnight on canada, mexico and china. canada and china both then immediately retaliating, both with tariffs mostly targeting agriculture and food products, but also some non-tariff measures. china blacklisted 25 u.s. companies. canada is also taxing its electricity exports to some u.s. states, banning u.s. firms from federal canadian government contracts. we also saw prime minister justin trudeau come out quite angry towards president trump, calling him by his first name, calling this a very dumb move, vowing not to let it go unanswered by canada. president trump was never likely to let that one slide. he replied quite quickly on social media, saying that any retaliation from canada would be met with equal escalation from the us.

nvidia is higher as intel rather as higher as nvidia and broadcom test for technology to make ai chips. and taiwan semiconductor is down on a deal to increase its investment in the us. if none of that makes sense. you're not alone. but let's make sense of all of it. megan cassella is at the white house awaiting a presidential event on the semiconductors. megan, what are we expecting from, let's call it an eventful white house lately? >> a very busy one. brian. there's always. >> something to. >> talk about today. a couple of things, but the first is that we're waiting on that chips announcement. this is what the white house is billing as an investment announcement. and we know it's going to be with taiwan semiconductor. tsmc is set to invest $100 billion in the us over the next four years. the wall street journal is reporting that white house officials now confirming it. and we do expect that tsmc will be a part of this event starting in the next hour. and we'll hear from the president then, as well, some questions about whether any of that money had been announced beforehand, what fab

intel shares are also higher, while nvidia and broadcom shares, as you can see, there are lower on the day so far. and then we're going to end with a check on cryptocurrencies. bitcoin and ether prices specifically have seen a jump over the past couple of days, as have other crypto assets like xrp. solana, doge and others. this is all after president trump announced over the weekend that america would create a strategic cryptocurrency reserve. bitcoin prices were just around 78 to 79,000 at one point on friday, they rallied to roughly $95,000 in the last 24 hours. shares of crypto related stocks like coinbase, robinhood holdings, riot platforms, microstrategy, strategy these days, they're all higher as a result. but off the best levels of the session. so, kelly, keep an eye on those cryptocurrencies a little bit of movement there. i'll send things back over to you from yes, the cube slash fortress of solitude. >> you dom. the one month extension of sweeping tariffs on mexico and canada is set to expire at midnight tonight. and while the commerce secretary and others suggest the tariffs

and we do have broadcom tomorrow. a lot of macro data as well. tomorrow and friday. that's going to do it for us on overtime for today. fast money starts right now. >> live from the nasdaq market site in the heart of new york. >> city's times square. this is fast money. here's what's on tap tonight. dollar doldrums. the greenback sinking sharply this week, hitting levels not seen since the election. what is behind this pullback and what's it mean for the markets. and musk backlash has been hitting tesla's stock and its showrooms. what the ceo's political positions could mean for the company at home and abroad. plus china sets an ambitious new growth target. but how will tariffs plan to its outlook? apple shares flirt with correction territory and liquor maker brown-forman gets spirited after earnings. i'm melissa lee coming to you live from studio b at the nasdaq on the desk tonight. tim seymour dan nathan and lori calvasina head of u.s. equity strategy at rbc. >> we start. >> off with two major moves taking hold of the market this week. first up, crude oil dropping

she likes amazon, nvidia and broadcom.visors capital management partner and portfolio manager joanne great to see you. you've been making some of these moves over the last couple of months. >> yeah that's right. >> you know obviously. >> there's been plenty of chatter about these coming tariffs. and you know the president of the united states has the power to impose tariffs. >> doesn't need congressional. >> help there. so we've. >> been pretty worried about this. and so in. >> our balanced strategy. >> which is designed to be relatively conservative but still deliver good growth over years, needs needed to have, you know, take a little bit off the table. so we did that over the last couple of months. we reduced some of our technology positions, didn't sell out of those, but just reduced the exposure. they had a great run and we added some safer positions, positions that create income, whether that's an altria. we also continue to really like some of the health care names like abbvie and johnson and johnson. it might be bo

a reuters report. >> says nvidia and. >> broadcom are.nufacturing process. it's an indication that the. >> companies are moving closer. to determining whether. >> they're going to commit hundreds of millions of dollars in manufacturing. contracts to intel. amd's also. >> evaluating intel's. >> manufacturing process. but it isn't clear if it has sent test chips through the factory. >> and goldman. >> sachs david kostin. >> is reducing his full year earnings. growth estimate. >> from 11%. >> to 9%, saying returns will be more modest than last year. kostin had been bullish. >> in. >> 2024, but warns. >> the s&p. 500 faces. >> hurdles and will need an improvement in the us economic. >> growth outlook. >> for further gains. president trump announcing the creation of a strategic crypto reserve. mackenzie joins us now with all the details. mackenzie. it's interesting because in this social post over the weekend, he cited his january executive order, and that seemed to ignite the rally. >> it did. >> and this is really building upon what he said

. >> nvidia with has all the momentum, but broadcom is building these custom a.i. accelerators. i think for people playing the long game, there's a buying opportunity in the market. >> it's really important for donald trump to say, here's what we're going to do. yes, there's going to be disruption, but here's the point of it all. and, boy, did the democrats luke stupid. >> it was probably the most effective speech of his career up til now. first of all, it showed how much he's already done in the first few weeks. it outlined a direction for the country. >> last night was a call to action by president trump to the senate. democrats aren't going to help us. they showed that last night. sadly, they want to sit on their hands while american families face a massive tax hike. >> he wants to be a president of peace. president trump is ready for zelenskyy to come to the table when he is serious about negotiating about peace. ♪ ♪ stuart: oh, is this the new beatles song? yes, it is. released about a year ago, i think. first basings' release since, i guess the 1970s. it's a great song and

is it broadcom?nk it is marvel isl. i think they're great. -- marvell. they've been beat down pretty good going into this number, and there's about a 12% move expected off this number. i think nvidia looks great. you know, a lot of these stocks have hit their bear market territory down over 20% and below their 200-day moving averages, and one of the things we have to watch, i think tech is the place to be although, certainly, we are going into correction territory and possibly bear market territory in the markets. i mean, there's a lot of issues. as good of job or not job that you think president trump is doing, there's going to be pain suffered, and the chipmakers have been under pressure about the last four or five months. liz: yeah. none of the a.i. works without the chips, so keep that in mind. todd "bubba "horowitz, thank you so much. a turn-around for the markets on the news that the president will give a reprieve to the automakers. ♪ larry: hello, folks. welcome to "kudlow," i'm larry kudlow.

we understand broadcom are testing 18a. up 6%. jonathan: manus cranny, thank you.n story come together. diplomatic breakdown on friday between the president of the united states and president of ukraine, an emergency meeting for the europeans becomes more urgent over the weekend. they push for defense spending. you will see more than just defense spending from the german government when they get their act together. infrastructure spending as well. numbers pushing 900 billion euros. the german debt market trading software, the euro stronger going into the ecb this thursday, cpi sticky for the europeans going into that meeting. defense stocks across the continent are absolutely surging. lisa: there is a timing issue, an important one that mark mccormick was talking about. a lot has to happen before this goes through. longer-term can be a positive story for all of these things, defense stocks and the euro. short term, what has to happen for it to be a long-lasting move? jonathan: record highs in the equity markets in europe including in paris. state side, we are focus

. >> dan i think the main event this week, other than the jobs report, is going to be broadcom's earnings thursday after the close. >> general motors. >> melissa. >> thanks for watching. >> mad money with jim cramer starts right now. >> my mission is simple to make you money. i'm here to level the playing. >> field for. >> all investors. there's always a bull market somewhere and i promise to help you find it. mad money starts now. hey i'm cramer. welcome to mad money. welcome to cramerica. my friends i'm just trying to save you a little money. my job is not just to entertain but also to educate. put everything into context that i can. so call me at one 807 43 cnbc or tweet me jimcramer. the walmart white house seems determined to bring every day lower prices to the stock market. and that means we're just going to have to live with the pain. >> the pain. >> as this administration sees it. investors will have to suffer because the mold must be broken. the status quo interrupted. we can't worry about the stock market for heaven's sake. they'll take care of itself, including that vicious thr

so there was a note yesterday that nvidia and broadcom were testing intel's advanced processes. and now you're seeing that sort. but the most interesting trend on with that is investors are shifting. really. we're seeing this ai shift which we see across the market. but traditional analog names like texas instruments, analog devices, those are holding steady if you look at on a year to date basis, which is interesting for the chip sector. >> okay. >> what do you want to. >> go to? >> okay, i want to i want to use your big knowledge brain about stock because you're also at the nasdaq all the time. correct. right. so you know, the stock market and you know nvidia and. how nice i am. >> so nice. >> so nice. >> so nice. >> let's praise you. >> and that's a song fatboy slim right. it's you. like i didn't ask for you to sing. i just want to mention the song. how important is nvidia to the to the market? we said 546. i think it was the actual number etfs in nvidia in some ways like almost is the stock. >> market because it's if it's weighted. right. so i think as of last year the s&p 5

broadcom, alphabet, amd are also some of the names in the green. more, let's get out to deirdre bosa at morgan stanley's tech, media and telecom conference with a special guest. >> deirdre. hey kelly. thank you so much. that's right i'm joined by dan simchowitz. he is co-president at morgan stanley. appreciate you taking the time. >> it's great to be here. >> over the next few days, you guys really have a who's who in the tech world. you've got dario amodei of anthropic tonight, elon musk dropping in virtually tomorrow, sam altman on thursday cfos of mega-caps. what is sort of the high level takeaway so far? >> you know. >> i think what. >> most importantly. >> the. >> power of innovation, how important it is to the markets and to the broader economy, i think that is on display. you've got tariffs dominating some discussions. but the tech sector. >> today. >> i'm not sure we can take full credit for. >> it. >> outperforming pretty significantly. so that's number one. the second is a bit of a morgan stanley element, which is this is the purest expre

but i suspect that the administration's view is more of getting fabulous players like qualcomm, broadcomhaps help support intel as opposed to government subsidies. >> got it. thank you. keep it quick. but good to get your take and your and your buy call on nvidia there. cj muse from canon. >> take care. >> when we come back we're going to watch tesla following that big drop in sales in germany. plus another firm cutting its target on the stock today. we'll get those details after a quick break. >> we empower those who act, those who see the correlation between things above and things below the surface, those who navigate risk by meeting every turn with a heightened awareness of what's possible. constant assessment. determine the best position. catch the perfect wave cme group where risk meets opportunity. >> question why. >> would the former head of. >> business development at merck become vice chairman of a company currently valued at $30 million? like him, you should meet in webex symbol onlv on the nasdaq and is a clinical stage company using a novel cell immunotherapy platform to tre