we are keeping an eye on that computex expo in taiwan. has told the bbc that the country faced "coercion" from china after allowing taiwan to open a de facto embassy. lithuania has deepened ties with taiwan in recent years, including in the semiconductor space, where taiwan is helping lithuania develop its chip manufacturing industry. i spoke to prime minister ingrida simonyte when she visited singapore recently. she told me how lithuania responded to beijing, and where relations stand with the world's second largest economy. the best answer was to, first and foremost, to look for our partnerships, for our businesses. and i think this goes well, and then, also to speak about this on the international level from eu to wto. now there is an anti—corruption mechanism that has been elaborated at european level. and i think european policy — eu policy, vis a vis china, is becoming much more coherent than it was. tariffs that the us has imposed on china when it comes to ev and chips, and tech — fo you see that having any impact on on what it is

this is the most exciting computex show in a very long time.s the first time i've been back in almost 15 years, because i feel it's such a big deal. and forjensen, he's the rock star — he's literally on a stadium tour, all his last speeches have been in stadiums like a rock star. there was a lot of excitement there, and he's got the big vision story to tell, because he is indeed the figurehead leading the industry at this point. and his idea is, "look, companies are now starting to leverage ai across all kinds of applications, and there's enormous opportunities." now he acknowledges — because his favourite line is, "the more you buy, the more you save" — he says it's ceo maths, so it's correct, but it's not accurate. that's the gist of the story he's trying to tell because that's a huge investment. that's the question people have — right now people are spending a lot of money, and the question is, when will be some of that pay back, and how does that work out? whatjensen was describing i think will absolutley happen, the question is the pace at

mr huang informally kicked off the computex technology expo in taiwan on sunday.

mr huang informally kicked off the computex technology expo in taiwan on sunday.

reporting live at computex in taipei, i'm emily. >>> elon musk told nvidia to divert ai chip orders fromesla to x. he also exaggerated the ev maker's procurement of ai processes to shareholders. according to emails. one said musk's social media posts about $10 billion conflicted with his actually booking. elon musk himself said in a social media post the chips would have sat in a warehouse as tesla had nowhere to send them. so here's the big question then. if you're invested in tesla, if you're investinged in elon musk's businesses in any way, do you see tesla then being pryor titled ultimately as a business from elon musk? he has his hands in many pies, so to speak. and this tesla pie, which is usually seen as pretty much the crown jewel within his portfolio is the one he would like to have more ownership in so he could spend more on. you have the pay package that they're getting a vote on. all of that, if you wanted investors to actually vote positively on that, well, they certainly won't do it if you're taking away the same iowa chips can and the same ai advancement and now you're put

the biggest is taiwan for the biggest computex convention. on the floor in t'aipei. >> reporter: amd's chips are the fastest in the market. opening for the convention, that's the first product with 50 tops, 50 trillion operations per second and the speed of the npu. this means amd will out pace snapdragon which is running 45 tops currently on the market. nearly all chip firm bosses are here. jensen huang got a rock star welcome. jensen said a.i. is driving a new industrial revolution. >> the next wave of a.i. a.i. that can work among us. everything is going to be robotic. all of the factories will be robotic. the factories will orchestrate robots. the robots will build products that are robotic. >> reporter: reporting from t'aipei, i'm emily tan. back to you. >>> nvidia will reveal a new chip in 2025 and a ruben platform in 2026. this as the company is ramping up the latest blackwell chip set to ship to customers later this year. let's bring in sarah kunst with more. >> good to see you. >> what was your take on the ruben platform and the chip

the mag-7, nvidias of the world started to post things like 50% greater earnings, at this year's computex, part of what is going on the last couple days in taipei, am. did, semiconductors et cetera. charles: intel had a big announcement. >> we literal took a two-year product cycle and turned it into one year yesterday. charles: right. >> these kind of sea changes whether you see them in earnings or production, picks and shovels behind expansion. that's what is happening we hope. charles: earnings, we had the earnings recession. >> yep. charles: now we hat the earnings reflection point, are you concerned we're getting over our skis, wall street may be ahead of itself. that it will be clear sailing with good earnings? >> we're derned about a lot of things because if you add fundamentals and multiples and you got to where you got on six rate cuts and we're still going up, even though we're at 1 1/2, earnings really has to keep up. charles: they have to keep up. >> but the at end of the day, i think if you combine earnings still, the path of rate cuts and the fact that we need to lower rates

it'she two-hour speech from computex.e lays out a version that says intel, nowhere, can't do it without his chips, how powerful his chips are, the roadmap for his chips. you come away and just say i'm a believer. there's just nobody has got the power. no one has the kind of compute power that he has. >> i'll tell you one person that is not a believer is pat gelsinger, the ceo of intel. here is a quote from him -- actually, we have it. let's take a listen to pat gelsinger. he took a direct shot at jensen huang's claim. >> jensen comes in peace. >> intels are running out of team in the age of artificial intelligence. take a listen. >> as we look now to have a billion transistors on a single chip, looking at a trillion in a single package by the end of the decade. unlike what jensen may have you believe, moore's law is alive and well. >> it's alive but it's not well. this is the chart about ai compute and how you can't -- the incremental addition of transistors to intel is not giving you the power -- you can't see the bottom

amd and nvidia unveiling new ai chips at the computex conference in taiwan over the weekend. trade the stocks which are higher later this hour. >> to sara's point, bonds like the ism number. to rick santelli. >> yes, carl. construction spending for the month of april, we are expecting a positive number, but instead up 0.2%, we're getting down 0.1% which means we haven't had a positive number this year. the last positive number was december when it was up nearly 1%. on the ism manufacturing for may, and these, of course, are following the s&p global we're expecting a number below 50, and it remains below 50. manufacturing at 48.7. that's the weakest since february of this year. if we look at prices paid, last month at 60.9. it was the highest in nearly two years. it has backed off a bit from 60.9 down to 57. 57 would be the weakest since march of this year. and, of course, we haven't been below 50 in this since december of last year. prices paid, well, less inflation may be a good thing. on the new orders, 45.4. the weakest since may of '23. and finally, the ism employment tha

ahead of this week's computex tech conference, nvidia also unveiled its next generation of ai chips.stock up about $40 a share this morning, and some california businesses and products will soon be featured at the local sam's clubs, bloomberg news reports. the walmart corporation recently hosted an open call in texas for local suppliers about 20 products were selected, including locally produced queso and hot sauce. they'll be available in the texas stores later this year. sam's club planning on a california open call next. no date or site has been announced yet, but there is a sam's club in concord and one in vacaville. this is all part of walmart's plan to feature regional products in its stores. i'm pam cook, that's a look at your dollars and cents pam. >> thank you. some 25,000 electronic music fans gathered outside san francisco city hall over the weekend for an outdoor concert featuring grammy award winners fred again and skrillex. gates went up at civic center plaza as the area outside city hall was transformed to an outdoor stage. we weren't allowed to bring our news cameras

in jensen's keynote at computex, he spends a lot of time, probably the most of any -- for any client, talking about these chips going into autonomous machines that mr. musk will run. now, are they developing autonomous machines at a.i.? are they? >> wait, where? i'm sorry. >> the other company. that could be -- >> xai? >> yes. >> i don't know. i don't believe -- i mean, i don't know. >> is there a clause? is there some sort of noncompete against xai? >> i don't know. >> i'll tell you, if i were -- >> there's relationships between them, you know, we know that they're obviously going to use a lot of the data from x, which he's not allowing other a.i. models to use, to power the large language model for the g generative, so that's helpful. you've got a lot of money going into xai to build a datacenter, potentially, to run their generative models. >> meanwhile, the actual car business, remember that? we had guggenheim cut delivery numbers yesterday. mary barra on nbc news saying they're all-electric commitment is going to play out over decades. >> right, right. >> what happened to 2030? r

we have gotten wwdc under our belts, got the split of nvidia and computex under our belts.ow what? isn't that the concern >> at least that's the takeaway of we got what we thought we might get in a best case scenario. apple, back up to 30 times forward earnings. the earnings estimates haven't started to move on whatever new order cycle might be helped by a.i. that might happen, but at this point, it shows you that it's kind of fully valued on its own terms, and nvidia, it's such a common talking point for everyone to say, you know, nvidia's pe has come down, even as the stock has gone to the moon because a year ago it was at 50 times earnings. but you know what? it wasn't at 50 times earnings a year ago. the earnings that actually happened in the year after that made it a 22 multiple. so, it was 22, and if you have perfect foresight today, it's twice as expensive. obviously, the numbers can keep going up, but how much? i think that's where we are with nvidia. >> by the way, today, i think it's $160, nvidia, the street high. they're doing 51 times, 2025, which is the median

c computex was an or not meeting. when a ceo on, tech or nontech, they can't seem to nod.ou will get these situations where -- like last night, you know, you get the snowflake one, they have to mention it three, four times that they have involved. hpe was ten times with four direct mentions to jensen. now, david, you could argue these are anecdotal but when you put them all together it feels like what has happened here is you need him, he is ai, you need ai, there is nowhere else to go. so their sales -- as expressed by the percentage of a $6 billion center that you use, data center -- maybe 75%, 80%. >> the accretion of value is incredible as you pointed it out at the top of "mad money" as we have over and over again. there are a number of investors that entered this year fully believing in the thesis and saying nvidia's run has to end, they would be wrong. the company eclipsing the value of apple. it's truly staggering. i can remember when we were hearing a trillion dollars valuation for nvidia which feels like months ago. i don't know exactly when that was. >> that run

artificial intelligence race this morning, the bay area chip company unveiled a new ai chip at the computexech conference in taiwan. intel says its new xeon six processor has more processing power and efficiency than older models. at today's conference, the company's ceo shared more information about its ai accelerators, which are priced lower than its rival chips. this is part of a move to catch up to its bay area neighbors, nvidia and amd. in the ai industry. many americans say they are open to getting an ev the next time they buy a car. some of the reasons people give for going electric include saving money on gas and vehicle maintenance and reducing their personal impact on climate change. obstacles though with evs remain. those include range anxiety and a lack of charging stations. a new poll also finds many people would pay more for an american made ev over a less expensive one made in china, and toyota is recalling more than 100,000 suv and pickup trucks in the us because of debris in the engine that can potentially cause it to stall. federal regulators say. the recall includes some

the computex conference in taiwan has been going on over the weekend.ard from nvidia and amd both announcing both new server data center chips and a faster annual cadence for releasing those, but meantime, qualcomm's ceo cristiano armond underscoring his ai pc vision. qualcomm pushing this generation of high performance chips to challenge intel, amd and others, and i talked to him about exactly how big an opportunity financially he thinks this is. take a listen. >> let's start talking about size of the market. i'm very optimistic. the reason i'm optimistic is because you've seen now a change that happens from the pc to the co-pilot plus pc, and you see microsoft trying to drive that change, and i'm hopeful that everything that is happening with the co-pilot plus with the microsoft co-pilot is going to drive an upgrade cycle. we come in with a solution that we design across multiple price points. we announce not only the x elite but the plus, and we can go $600 and above with leading battery life. the only solution that can run the co-pilot plus right no