the gpu, the graphic processing units _ the gpu, the graphic processing units used — the gpu, the graphicems operate, which is entirely possible in terms of research _ entirely possible in terms of research breakthroughs, there is no _ research breakthroughs, there is no chance in my mind these things— is no chance in my mind these things will— is no chance in my mind these things will get bored in that sense — things will get bored in that sense because they are just doing — sense because they are just doing the job, they are just executing again and again through these modifications. thanks— through these modifications. thanks multiplication is. love that question. it brings us perfectly to the end of this programme. we've heard about everything from the future of solar and electric vehicles and ai and even touching on the first ai strike. 0n ai and even touching on the first ai strike. on behalf of the bbc world service, whether you are joining the bbc world service, whether you arejoining us via the bbc world service, whether you are joining us via the internet, around the world are h

and not only the gpu, but actually even foreign intelligence says that at the beginning of the war we appreciate the scope of this issue, because russia for a very long time and deliberately planted its agents precisely in the law enforcement agencies, so the real question is for you: how will the prosecutor's office be cleared, how will this process take place, or has it already begun in the search for collaborators? and when you maybe in the end you can say that the main law enforcement body of the country has already been cleaned, well, first of all, i want to inform you that today i signed an order to conduct an official investigation of employees of the prosecutor's office of the e-e front-line regions of ukraine in including those who were temporarily under the occupation of the russian military in order to check who was where, how the actions were taken regarding the protection of the premises of the prosecutor's offices, materials of property cases, and most importantly, is there any information that can indicate the possible involvement of the employees of the prosecutor's of

and miners are selling the gpus in the second hand market of gaming market for gpus so that means ita lot of consumer demand, gamers who want to buy gpu see a good deal on the second hand market and are being pulled away from the firsthand market and distributors see that. so they stop ordering from nvidia and -- because they see demand appearing. that crystallized the last two, three months we had an indication of that about 20% of the mining volumes have disappeared in the last two, three months. that's the main driver for that. you add to that the economic environment we know there's a broad based consumer demand slow down, pc demand is down, smart phone demand is down china demand has been very weak. consumer demand has been very weak in recent months. so that's like a perfect storm for nvidia to see almost half their revenues disappearing in one quarter. i it's not new, it's the play book of late 2018 and 2019 when nvidia faced the same situation, a slow down in cryptocurrency transactions and consumer demand one last element to take into account, nvidia is going to introduce ne

this bill is ready and passed the approval of the gpu for the first reading.ow on your instructions at the st. petersburg forum. it must be adopted by october 1, in the second reading in the third, to enter and work. this document will allow us to seek money from the market in order to develop experiences, as it is in other countries , so that they are attractive. this time we will do it, as far as, and the help that we need. i didn’t say we don’t stand still, and here she listed 270 pieces of equipment that we are in this year they have acquired, including with the support of anton germanovich and mikhailovich, the salary was increased, but this is only a fragment, a certain one. sorry for the cleanup. e, upt 180 million rubles. even there with attraction there. work, but not earned. i won't have enough. i gave an example of one mari elmilliard rubles needed to be cleaned nearby, the city of sarov e, native, the city of rusatom, that is, in this regard, and i have such national parks. let me remind you that on dry land only on an area of ​​45 million hectares

we've seen gpu prices and those are the graphics chips used in gaming and they've been following for shortages have disappeared and the supply chain gluts and problems and gaming and crypto mining that has also weakened. so demand has weakened and these are all negatives for gpos and those are the chips specifically used for graphics and ai and gaming plunging 44% quarter over quarter and it's not just about gpus and data center also is expected to increase 1% quarter over quarter so that was lighter than what a lot of people were expecting and that was because of supply chain issues and luckily that's not because of demand and amd suggested something similar. fortunately, data centers are still expected to be up 60% year over year. wall street sees this news not necessarily as unexpected and as a sign that nvidia is telling investors to shift your focus away towards auto and data sectors and segments that are expected to grow because demand for pcs and smartphones and it is continuing to batter down these stocks so where will nvidia go from here today's stock drop could be a reset t

, all the phones were torn to me, they called from primorskaya from the krivogo directorate of the gpue fsb and he and even from the wild animal protection funds, sit down krylov wonderful, please, you are ready to place an order. bring two cappuccinos. yes. just bring two coffees. how many times have you walked along the edge, but now you are facing a real term, do you understand, this is a false wing? what a setup that is, the head of the department fled in custody, which forced all the personnel to show against you to tell. if you need details, i can call for sale, but they don’t sit in the car on the street, i don’t want to. i don't see you, not your bros, bros. he will call. so ask them to call. i want you and your bros to always play cossack robbers. we 'll handle it ourselves. are you allowing the general to run after you today? because of you, in my old age, i play spies, but he does not play muslin himself as a young lady. colleagues tomorrow morning. i will raise your question . colleagues are leading the deputy minister. he is a man who owes nothing hear us. the main thing,

of just semiconductors and what kind of processing you can achieve with a combination of cpus and gpus every company is going about it. >> thanks so much. we will continue to track the story of nvidia. moving to clean energy stocks which are getting a boost after the u.s. senate passed the landmark tax, climate and health care bill. ed ludlow covers electric cars and joins us now. in a year where there has been so much focus on the white house on getting more access to oil around the world, this is a reminder of the longer-term story of renewable sources and certainly the electric vehicle market. ed: the white house did have a hand in getting this over the line, taking a year of negotiation and a lot of concessions from where we started on the bill. it is interesting you see the biggest points mover on the nasdaq 100 and the market in electric vehicles and many other names also higher pair the automakers got what they wanted, a tax credit for both used and new vehicles that they hope will be a demand boost for electric vehicles across not just higher earnings but lower middle income ea

ap 100 gpu drove massive gains. hp-100 gpu coming out this quarter. expect another couple years after strong streak in the data center. although there will be questions on the gaming miss keep a keen here ear on the hp-100 release coming up this quarter. charles: i have 30 seconds. any other names standing out? i looked at your portfolio, look at some of the names reporting that is where you own any of the other ones we talked about the splunks of the world, snow of the world. anything else we should train our eye on, sales force. >> i'm a big began of monddb. leader in unstructured data and unstructured data is becoming a bigger deal now that machine learn something pulling all kinds of disparate data what they call it, disparate sources what they call it. snowflake is the headline company but i would say among go db could be strong when we get earnings next week. charles: can't wait. always appreciate it. >> thanks, charles. charles: president biden about to go, he will fill full a campaign promise to bail out college graduates because they need the

died as a result of an explosion, the source of which could have been thermobaric ammunition, as the gpus, the source could be capsules of a combustible mixture of a thermobaric explosion of flamethrowers of the bumble bee bumble bee m lynx type. the investigation reached this conclusion based on the results of the analysis of freely available video recordings with the participation of specialists on the use of units and units of radiation chemical and biological protection identification munitions and the use of engineering units and units, the president of ukraine, volodymyr zelenskyy, issued a rather serious warning to the russian occupiers the time has come for the military to flee, volodymyr zelenskyi said in an address to our fellow citizens. society i want them to understand that the occupiers will not have a place on ukrainian soil, someone will want to know what our plans are, you will not hear specifics from any really responsible person because it is a war and war, but the occupiers should know, we will drive them to the border to our border, the line of which has not changed,

that's all that is, literally, all it is. j so, you know, the gpu, - the graphics processing units thatst sit there, - churn all day doing very, very basic mathematical calculations and out - comes the answer. so, you know, unless there - are sort of fundamental changes in how these systems operate, which is entirely possible - in terms of research - breakthroughs, there's no chance, in my mind, that these things will get bored, _ in that sense, because they're just doing the job that - they're...they're just - executing again and again through these multiplications. love that question, which brings us perfectly, really, to the end of this programme. we've heard about everything from the future of solar and electric vehicles and ai, and even touching on the first ai strike, i think, there. on behalf of the bbc world service, whether you're joining us via the internet around the world or here with us in this fabulous information age gallery, pleasejoin me in giving a warm round of applause to our brilliant pioneering engineers — jamie shotton, arjo van der ham, linda zhang. applause. hel

validates that because of the weakness is really focused on consumer focused laptops that use their gpu cards. it came up quite strong, the negative i think investors are trying to figure out is around the gross margin guide. they took down the gross margin guide. the last time we had a downturn, nvidia's gross margins compressed. they are seeing some weakness in times of the higher costs to get these chips made. pricing wise, the demand has fallen off of the cliff on the gaming side because of overall consumer weakness. heidi: we went through those consumer expectations, does that provide something that could be soothing to the fed when it comes to worries about inflation expectations getting baked in? >> any time you talk about the federal reserve, they thought inflation may be transitory. we are watching inflation expectations, prices getting higher than what people expect, they expect to pay what they be paid. when you are buying from expected inflation over the next year from 6.8-6.2, that is a big improvement. going from 3.623.2 is pretty good -- 3.6 to 3.2 is pretty good. gas pri

predict the future, especially the near future cryptocurrencies impact nvidia's business given that gpus are used in the mining industry. we've seen weak numbers out of -- microsoft talked about xbox usage down, nintendo's numbers were not so strong data center remains this bright spot you see nobody is pulling back on this investment in ai, this investment in leading technology to get their businesses across every industry into the information age, into the digital age to fight factors of inflation. we would expect some crosscurrents in their businesses it's always impossible to know how that's going to match up with the market expectations. >> that said, really good insight on a fascinating space. brad, appreciate it very much. see you soon. >> thank you >>> another earnings mover airbnb lower despite posting record bookings in q2. eps and the q3 guide both beat revenue came in just under consensus. ceo brian chesky joined "mad money" last night saying he's got no plans to slow down with the ongoing volatility take a listen. >> i said in the earnings call we're feeling very, very confi

of the crypto base that might be churning, i think long term they have got such a far lead in the gpusld is moving to ai. and so my perspective on it is much more long term believer they are a customer and partner of ours so we like them. and i think in general all of these data trends when you take the long term view, that alongside things like security are just phenomenal. results were phenomenal. i think that those trends when you take the long term view are here to stay >> well, only time for one more, so let's make it on your company. yes, palo alto is doing well we've talked about okta and others tell me where cohecity right inflno and how far are you from going public >> we seek to be the data management security player one day to be like crowd strike. we are early in that stage i felt it was time do something smaller and we'll see when the right times are to go public so we'll see how it plays out. from our spe pperspective, our product is called fort knox because it padlocks and security systems, bank walls were popular, this is now a popular way to protect yourself from ranso

tvs are weak, and gpu's graphic cards are week and consumer inflation and everything is impacted so we're seeing those issues there most of the end markets still seem to be holding up, although the same signs around sustainability are still building so lots of investors are worried that those are the next shoes to drop it will be interesting as we go through the back half of the year as recession fears crystallize, we'll see what's goinging on with inflation and everything else. investors are in that kind of awe mindset right now and that's yet stocks are. >> are there good buys i see that you're recommending that investors stay far, far away and who do you like amid this question? i don't know, was it fear of missing out when you do double ordering just in case you didn't get the delivery that you were expecting? >> well, it's not fear of missing out. you've got to remember the consequences as a customer of holding too much inventory is not that bad, but if you can't ship a $50,000 automobile that's a huge problem so in many cases customers can be incentivized to order more if it takes t

. >> but demand for the gpus because you are seeing a switch in the modeling of mining that is about $10 billion >> bounce get rid of the things that it is not really for, ethereum, okay, most -- ten biggest purchases of homes in brooklyn in the last year are all crypto mining houses no one knows that. >> is that right >> $5 billion to $10 million >> farmer jim is with us too farmer jim, you just sold, and i have to go to you as exclusively farmer jim today because i do have jim to my left. >> and the farm he were acco -- farmer accomplishment is so good >> you sold inindividual i can't? >> yeah, while you were on vacation and it will get confusing calling me farmer jim because you know who has mad farming skills is jimmy cramer >> thank you by the way, i'm going to bring -- i have sun dried tomatoes that good you and post nine -- >> love them >> i know this is a little far afield -- >> a little? >> but the fertilizer stocks -- >> always 340z mozzarella >> absolutely. but the littfertilizer and seed stocks are my prediction >> geelwe'll get back to that why did you sell nvidia while

>> that's because gpu units have been dropping in price for quite some time.lot of warnings around weakness in gaming, around weakness in pcs so yes, the street was expecting some type of reset it's the magnitude of this reset we're seeing with nvidia that's concerning the fact that gaming fell 44% quarter over quarter you mentioned data center revenue. it climbed 1%. it's pretty strong but a little weaker than anticipated. luckily the problem had to do with supply and not demand there's two key points going forward. one, what we're seeing across a lot of chip makers is they're shifting your attention away from their units that are exposed to weakness, like pc handsets, gaming falls into that mix as well and shifting your focus toward data centric segments that are expected to grow that would be ai, auto and data centers fall into that mix as well so we're seeing that shift quite a bit. the second major point too with a lot of these companies is has the stock dropped enough where the fundamentals are in play, it's a reset and good entry point. that's what inve

i don't think the street was that surprised so we track retail gpu prices. we've seen them crashing over the past two quarters here and retail inventories building up i would say maybe the one surprise is the magnitude of this miss on gaming. the other side of this is data center data center was indeed a bit worse on supply chain issues but i think the smart money knew that something was coming. it was just about the magnitude. >> it's the stock drop, chris, though 8% tells you this wasn't priced in >> this reminds us of 2018 when the stock dropped 50% on the crypto hangover. so there are three things going on today we have that crypto hangover as ethereum's moving to proof of stake. we have the reopeningar or the work from home hangover. and then we have a new card line-up, the 4000 coming at the end of the year. and all of this has created massive inventories out there. this had to be unwound it's being unwound now it's a big move. 8% down isn't that bad compared to that 50% move that we had in 2018 >> so then this move since early july, you think it's sol

nvidia saw its high-end gpus dropping so the question is what will that mean for amd and gross margins. amd stock still underperforming the s&p 500. but if you look at amd versus intel the last three months, look at the difference you've got amd 10% higher in the past three months versus intel you may get 19%. we'll have amd's earnings in less than 15 minutes. >> and we will look to you then. kristina, thank you very much. mike, i was watching this group all day today to see if there was any kind of reaction with taiwan with nancy pelosi there, obviously because the chip sector has so much on the line when it comes to these tensions which appear to be escalating between the u.s. and china. >> yeah, not spechkifically it was much more potentially about any kind of china response and more of a macro geopolitical risk appetite play but even that seemed to have fizzled over the course of the day. >> what do you see in the internals? >> very mixed. the nasdaq has been negative you mentioned on the dow caterpillar's decline has had an outsized influence you see there just about even here, 50

the cpu, gpu chips and some of those were vamps that were really sexy and this is where the company was going. i think in a tape like this, we are focused on that, but i would not underestimate again the impact of a stock that rose the significantly going into the numbers. we met we have more earnings going your way. starbucks and so fight on the move. he will bring you details. >>> credit card balances searching. the impact of all this as the recession peers linger. we have the details when past when he returns. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. >> there are a lot of things that i've learned over the years in business. but first is really the most important aspect because it teaches you to rely upon the other people that you're working with. t

don't under estimate cryptocurrency with respect to nvidia business trends used a lot of gpu and graphiccessor units to mine cryptocurrency like ethereum and with the crypto winter we had over the last 12 months, mining is less profitable what you see is a ton of graphics cards hit the secondary market that causes an imbalance pricing came down. channel inventory increased which had an unintended consequence from the nvidia standpoint with the gaming business. >> otherwise, technology had a great run, jared the eighth worst start to the year -- i sound like a downer. eighth worst start to the year technology popped. do you buy into it a reason for the sudden turn or another bear market rally in the history annuls >> i'm bullish, brian. it is rare to find someone positive these days. nasdaq up 14% from lows. semi up higher i'm cautious there software up 17 from lows that is the greatest opportunity. look at the resiliency last week with cloud flare and software deliver much better than expected earnings microsoft azure. surpassed expectation with 30% to 40% year on year. google still grow