intel we gave intel some incentives but what they told us was we are not greater than other states and everybody had the incentives on the line. they were willing to put that forward. so for us it was a combination of many things coming together and the trust that they had an athlete to get the job done and we were going to be partners of theirs for a long, long time in the future. intel told us we are going to build on the site and we are going to put phase 1 in per their ability to move to phase 2, three phase 3 and phase 4 really depended upon whether or not the act does in fact pass so that's how they approached it to us and how they set it up. i guess i would describe the federal incentives and what intel would have on the state of ohio. >> just to clarify those additional follow ons phases and it's a company that overlong period. ultimately be worth as much as $100 billion which is an extraordinary sum. what needs to happen in order for them to materialize? >> the first thing until may claire wase the passage of the chip act and in it that has passed the course. it depends i'm su

intel is very much involved in this. they put real money into it in a real close relationship with our educational institutions in ohio. mr. lynch: the other part of this labor issue, of course, that's worth discussing is the immigration situation, and two of your republican colleagues, governors eric holcomb in indiana and spencer cox in utah, wrote in a recent op-ed in the post, quote, "we call on congress to end its two-decade standoff on setting immigration policy. we believe that states should be able to sponsor whatever immigrants serve the needs of their communities," and that stance aimed at addressing labor shortfalls in those states. is that something that you would support? gov. dewine: yes, absolutely. look, as i said, i spent 20 years in congress, and we were able to get an immigration bill passed early on in my term as a representative in the u.s. house. that was in the mid '80s, but since that time, we really have not -- we've really failed as a country to come up with a rational immigration policy. and wh

now, they are partnering with -- we know intel is x86.t is not very clear they have that technology now to get more enterprises at least in terms of joining the ai side of things. nvidia at the same time is running away that the market -- clearly a lot of competitive pressure and there are not enough proof points in terms of manufacturing coming back. that government support is key. they have to start sharing that manufacturing. caroline: take us there, the bait you laid out. what did they say in terms of ai? ed: mandeep was committed to competing with nvidia at hiring gp use for the deep learning part. really there intel is looking at is inference, they have a range of cpu range products they think can compete there. the chips act, pat seems confident those dollars low through this year. how crucial is it for them to get that public-sector money to drive that vision that pat has? mandeep: i think that is key, because the more these are underutilized, it is going to be a drag on the gross margin. we have seen that 15 percentage points in

that's the strong suit for intel. even now we see the sapphire rapids, our gen 4 ramp has strong ai characteristics for inferencing. we believe that's part of the q1 results were a bit driven by some of those early inferencing use cases. we expect the ai workload to shift from generation as we saw with some generative ai examples to people using that that's where the workloads are going to go. we see that as helping our business in a meaningful way you know, as people deploy them broadly. much of that work today happens on our products. and we're going to deploy that across edge, across client, enterprise data centers as well as cloud as we compete >> so, you have wedbush upgrading from underperform to neutral, and benchmark from hold to buy don't expect smooth sailing from here even if intel does everything right, they'll be spinning up more new manufacturing processes than usual over the next couple of years that's the full four nodes in five years thing in a compressed period of time and margins naturally take a te

throwing in the towel, if you want to call it that on his bear case for intel he's not throwing in theowel on his bear case either. quote, we hate this call but think it's the right one things look bad, tactic kally believe the median turn is up a bit, but don't get us wrong, things are still ugly here that's about as halfhearted, no hearted move you can make from an analyst regarding an upgrade. >> i don't recall such a pissed off upgrade. it's a huge cap kpx cycle in frt of it. there are stocks significantly beaten up you can go to, sky works or qualcomm that i think will return to growth a lot quicker and justify the valuation more so than this one. >> you don't own intel, but stacy will be on with me to discuss this further at 3:00, and last week he said for intel not getting worse is almost as good as getting better maybe he thinks the absolute worst is over, but he clearly thinks that there's a long road ahead. >> i think when you have a long road ahead, and the operating leverage you get out of it, i will have qualcomm, and if tech is going to pull back i don't see intel separat

may be the 21 -year-old view of the intel community isn't far off? the american public has every right to know the truth about what they are getting for there to hundred billion dollars and counting commitment to the ukraine. is the prognosis for victory is grim, we should all know what. if china is backpedaling crucia information to ukraine, we should know that. this is information that americans need to vote on in 2024. like that despite millions in aid to egypt over the years, they were planning to secretly arm rush out with rockets, like the information that while bide is placating china, they have deployed a new missile that is probably able to evade u.s. defenses. perhaps me even more important than all of this, this intelligence breach shows is ho vulnerable we have become. if a 21 -year-old with no special training could do this much damage and go unnoticed fo this long, lord only knows what secrets of hours they chinese have as the associated press pu it, this prospect's bound to raise questions about how the highest profile intel leak in ye

intel points to a stronger second half. natwest first quarter profit beats estimates as rising interest rates helped the british lender. we will listen to highlights from the ceo's interview with us later. francine: let's look at the futures. it has been a busy week of earnings. we look at tech, giving a nice lift across the board in certain parts of the markets. with the futures gaining .3%. tom: the tech story giving a lift to nasdaq yesterday. the best performance for the s&p since the first week of the start of the year. it was a stormy session on wall street yesterday. there are questions around the prospects for aws, an important profit driver for amazon in the quarters ahead. but it is central bank policy that is front and center. we talk about began to story, significant weakness -- the yen story, sick of good weakness. we come across that story with kathleen hays in the next few minutes who is outside the boj for us in tokyo. the cac 40 currently gaining .2% in france. upside across the french index. you did see gr

is intel and its trough, coming out of its trough?om a growth margin perspective, we are expecting similar margins in q2. in improving position on margins. and an improving bottom line. i would also say there is a lot of turbulence. it also requires a lot of execution and financial discipline. they are doing what i asked them to do. guy: can i take you back to what you talked about i expected takes a little bit longer. pat: the data center started to drop a little bit later. we believe the inventory corrections will be completed. this is a fixed cost, long team live. when business drops is hard to make quick adjustments. but i think everything will improve. ad: five notes in four years. how do you gauge progress and that. you want to benchmark yourself. from a cost perspective, we were competitive. we get incrementally more competitive and by the time we get to the end of that. , we say our cost are as good as anybody in the industry but we have to address the chips act. there are fundamental differences in cost. that is what the inve

so do you not think there's a risk of that with a stock like intel? a lot of time on the clock. i think it's still a story, and we're going to the backside, and they have to show ramp, and i think the consumer side which is where the pc demand will rest. it's in the back half, and so i think we are getting a move today, but it will be still, we will be watching to see if we get there as well. i think there's time on this clock. >> what would you prefer within the group at this point? is it the stocks that have already been showing, you know, leadership away from the pack, the nvidias and amds >> i think if you name some of them, they come in in the last couple of weeks, and i would say watch the thematic names nvidia continues to execute well, and they've dominated that space in the ai, and amd is coming quite a bit, and we should see them execute. the price is still weak, but we should start to see -- they should start to shore up execution. i think one name that is really should be good is they want to look to 2024 because the supply is getting cut

we'll talk about intel's moment of truth yet again the company set to report its results today after the bell and get you set up next. >>> welcome back to "the halftime report. i'm courtney reagan. west virginia's republican governor jim justice is running for joe manchin's pivotal seat and filed paperwork to kick off a 2024 campaign. manchin said he will, quote, win any race i enter. >>> the u.s. navy said iran seized a oil tanker headed to texas. it was a tanker in the gulf of oman amid growing tensions over tehran's nuclear program it issued a distress call during the seizure and said iran's actions were contrary to international law. >>> dropbox said it will lay off 500 employees. that's about 16% of its workforce. the ceo said the company has been reckoning with slowing growth and an urgency to focus more on artificial intelligence powered products and has done whatever possible but the next stage of growth requires a different mix of skill sets. back to you, scott. >> court, thanks >>> it's been a tough month for semis. a number of names falling double digits including intel se

the intel community doesn't work like that. the intel community works on a probability continuum.ure bin laden's in abbot a bad. if navy seals get killed, your career is over. if now, follow me here. that's why i never take these stories leaking from the intel community at first pass, because what you see in the intel if community is a lot of them, the political ones -- the there's a lot of patriots out there, but the political ones have been dog walking us ooh ooh. they go to suckers in the media with, natasha bertrand, all of these mouth pieces for the intel community, and if that probability guy who said there's a 51% chance it's not a chinese spy balloon, if that guy thinks he can manipulate the media to get his narrative out there and make him look better, he's going another the it. and suckers in the media fall for it every time. and that's the problem where we are right now. the intel community is always going to do that. you're always going to have some bad actor to theses. you're going to have patriots too. if we had an honest media, they would hold them in check and outs

i think that's the expectation that intel has bottomed, it's all up from here.y are promising a recovery second half of the year. largest quarterly loss in history because of sharp fault and personal computer sales, they sells chips. stuart: i was going to buy that in the mid 20s, a great dividend. >> lots of regret this week. stuart: did you talk me out of it? >> i did not talk you out of buying intel. [laughter] stuart: kenny is with me for the entire hour. has amazon and the big tech rally? >> i think this reaction to the amazon cloud 16%, i think it's way over and done. a great report, strong company, so many funds and retail investors, a look at the weaknesses is a number opportunity to buy amazon. how to get doing that today. it is up 34% for the year, nearly 10% from the beginning until now so the fact that they are taking it down 2% based on what i know is a good report is an opportunity. stuart: i think the market may close higher today. >> i think you're right today. >> close higher exceptionally higher yesterday after the gdp report. >> gdp and pce, i

keeping an eye on intel.ompany hit the bottom down one-third across the board. we toss it to "squawk bo wchx"hi is coming up next. have a great weekend thank you for watching >>> good morning tech stocks on the move. intel rising -- we'll tell you about that report. >>> amazon falling that seemed pretty good. except for the slowdown in aws snap and pinterest plunging. details on all of the earnings straight ahead. >>> more on deck we are expecting quarterly results from chevron and exxonmobil big oil in the next 30 minutes >>> we have a first on cnbc interview with exxon ceo darren woods. >>> first republic bank is looking for a solution to avoid a shutdown it is friday, april 28th, 2023 29th, 30th monday is may? >> yup >> "squawk box" begins right now.

intel in the after-hours saw a jump. we had seen pressure for intel earlier.is the biggest u.s. chipmaker. the slump we have been facing in that sector, we know. and they are predicting a steeper loss than expected, really struggling with this pileup of unwanted inventory which has really worsened intel's flight. -- intel's plight. paul: not good movement for the ozzie and the kiwi in early trading. it is the yen that will really be in focus today. of course, the boj meeting. we will have wall-to-wall coverage for governor ueda's first meeting in charge of the boj. we got a bit of e.m. strength, relatively speaking, 133.8 nine at the moment. barclays, though, saying that the year-end could regain its status as a preeminent currency haven, after many years of dollar dominance, as the boj normalizes policy. looks like a long road before policy normalization happens, with governor ueda signaling that he will not do anything to kickoff his tenure at the boj today. shery:. still really hard to shake off the feeling after 10 years of governor kuroda does shock and a

guys >> julia boorstin, thank you >>> let's move on to intel which posted the worst earnings quarterory, yet shares are rallying. upgrades helping today as well analysts saying the worst could be over for the chip maker last july the ceo said the same thing and called the bottom. hasn't worked out that way as intel shares are down more than 20% since he made that comment we'll hear from pat gelsinger later today at 4:00 p.m. eastern. first, let's bring in an analyst who upgraded intel this morning to neutral from underperform, matt bryson from web bush securities why, matt, such a positive reaction to a terrible report? >> i think it's simply how can things get worse obviously, as you said, this question has been asked before, but at this point there's not a next product that already looks disappointing. it feels like pc builds are finally picking up on the server side of things, just from a market environment, i think q2 really is the bottom in terms of demand. >> i find it ironic and humorous that you would say there's not a next product that looks disappointing on the horizon >> p

intel continues to under ship pc demand by 20%.l is shipping 80 into the channel to bring inventories in line he said we are about halfway through his turn around effort, gross margins should generally rise from here, though it will be lumpy from the 38.4% we see today back to the low 60s area in 2026 >> yeah, and i think the way that you could think about our margins over time, it should be a fairly steady rise with lumpiness up and down in a picture that is a general gradual rise you know, the long-term model, you know, that we described is getting into the high 50s and maybe low 60s at the end of this five-year period and at that point, we've largely finished our five notes in four years. you know, we've done the capacity build out, the shell building to support the foundry business. >> and kwwe're in which year no out of five? >> essentially we're in the middle of that period. this year marks the middle of that period. so we expect '23 and '24 to be depressed. nice improvement in '25 and getting to the model in '26. >> but gels

finds really.the intel ceo will join us in the next hour.il majors major profits with exxon and chevron blow burnings -- blow earnings out of the water. we will get another read on the sector with a man who pioneers coo. kayley: alix steel is off today. it's friday we've got a lot of economic data in all of his pointing to the fed decision next week. guy: absolutely and the ecb as well. we've seen inflation data out of the euro zone today and it to this idea that maybe this rapid decline in inflation that many economist were pointing us to was not materializing. we get the final read on the university of michigan data as well. the 5-10 year inflation never takes up a little bit. are we stuck with sticky inflation? let's get straight to it to figure out what is happening. we've got michael mckee to talk us through what we are seeing. we thought inflation was going to come down we thought it might happen quickly but it is not happening. are we stuck with sticky inflation? mike: i don't think so, the sticky thing with inflation has been rents i

what do you do with intel? when you look at intel, it is a relative strength loser the fact of the matter is, even though they've been regularly beating earnings 11 out of 12 times out of the last 12 quarters, they have still continued to trade lower so when you look at this and the fact that we have eps estimates that are also on a downward trend, plus the weekly chart pattern in a bearish trend, for me, even if they trade higher on earnings, which is improbable, i think it's a bearish trade here. so when i'm looking to downside targets, i have about $25 for my t downside target, so you can short it on a move into 30 or on the break of 28. >> all right i can't say i'm surprised, but i'm curious what you will make of t-mobile. shares up 16% for the year as communication surfaces is the best performing sector in 2023 so far last quarter, record subscriber growth they acquired mid mobile we just saw a notable analyst downgrade it do you like this stock here? >> i do like the stock i think it's a great relative st

okay, so they got fifty one intel members. now, the fbi had that laptop in december of 2019, correct. >> they did. and they had authenticated by the spring of 2020. >> you know that for a fact. i do. >> that's news to me. i never knew that they ever authenticated. then why did the fbi that had 100 biden's laptop and december of 2019. you say they authenticated that in the spring of 2020. then why did they have fbi agents speaking weekly with big tech company in the months leading up to the 2020 presidential election, warning them that they may be victims of a disinformation campaign and it may be about hunter and joe biden because and that ended up with the "new york post" story being censored. >> yeah. listen, that is a great question. it's one of the unanswered questions at the attorney generals of louisiana and missouri are trying to get to the bottom . it's one of the questions that the weaponization subcommittee that jim jordan's methodically getting these bombshell interviews done is getting to the bottom of it's somethi

the cpus are the things that intel ship they were well below that.obably undershipped by 20, 25%. you have to assume that the cpus were undershipping by even more and they're making up for the overshipment we had. at some point that has to normalize. at some point you're not undershipping that weak market i think that can happen in the back half of the year. >> let me ask you this, for the other big issue, data centers. whenever -- look, i'll be frank. i don't know the answer to this question i'm presuming you know more about this than i do ai, does intel data center have anything to do with that business why don't we hear about ai at all related to this company like we do almost everybody else it seems this day will it be a big player there? >> they're going to try, right they have a road map of ai accelerators, similar to what invidia sells. it's not going very well they got into some of their forward road maps and it's a tough road invidia also has a massive software mode. on the cpu side there's some ai applications that run on cpus. their new pr

according to john solomon, investigative reporter the same official was the same members of the intel community to falsely accuse donald trump of being a russian asset. going back to 2016. how long has mike merrill been playing dirty politics on behalf of the democratic party. here with the latest, editor in chief of just news.com, are good friend john solomon is with us. >> good to be here, sean. >> sean: we know now that at the heart along with tony blinken of getting 51 former intel officials to say that this has all the earmarks, meaning hunter biden's laptop of russian disinformation campaign, correct? >> correct. the same pattern repeats itself. a lot of people didn't pay attention -- >> sean: slow down. i want to stay on 2020 and work my way back because you broke really big news tonight and i want people to understand the significance of it. >> sean: sure. >> they >> sean: they have 51 intel members pay the broke that laptop in 2017, correct? >> they had authenticated by the spring of 2020. >> sean: you know that for a fact? >> i do. >> sean: that's news to me. never knew they

we have seen midcareer people wanting stability, but also the opportunity to come into the intel community. >> one of the things i wanted to touch on is the approach to cybersecurity. nsa stood for no such agency, what has changed? >> it is a recognition that we have intelligence capabilities that are vital to the defense of cyberspace. industry owns and operates most of the digital landscape. if we can't figure out how to take the things we understand from that foreign intelligence mission, reaching into adversaries' space and pulling down threats, tools and tradecraft about operations and get them to the people who can do something about it, we are not very effective. so it's no good if we know something, if we don't do something about it. >> a diplomat asked me this morning, what did america mean when we say active defense? what does it mean to you? i gave him an encoded answer, i hope you can do better. dir. joyce: the way i would describe active defense, i will give you a soccer example. if you give somebody limited balls, and they get to sit at the outside the goal, and just kate and

the intel people will say this is just intel and i can't give you a policy recommendation. most people in the u.s. and around the world would be surprised to see how formal those divisions and roles are even behind closed doors, and how much people respect that institutional kind of set of roles as a way of making sure that our decisions are not -- that our intelligence is not instrumentalized to serve a agenda or the law is not instrumentalized to survey policy agenda but rather that policymakers had the response motive for making policy with the insights and advice from intel or a legal standpoint that other professionals provide. i saw you oversee a process like that, and i know you are now part of it, and we saw you squirm today when i tried to push you out of your role, which is a good sign of this that you continue to adhere to your current role. thank you for spending so much time with us this afternoon and sharing your views. we hope you will come back to carnegie soon and often. mr. baer: thank you. thank you so much. if i could ask the audience to say seated while

president biden's first reaction to what might be the biggest intel leak in decades.ing the man behind it. where he worked, who he talked to leaving us to

and then you have the intel community saying something very, very different. and i tend to agree with colleen. i think some people in the intel community are want to do to actually show that there is some kind of descent within the intel community as opposed to the political class your thoughts alex? i mean we've seen this in the past strategically. so this really happened at a certain time for, for a certain reason. this could be all timing on, you know, we, we know the situation on the ground and back both and beyond. we know the situation is not exactly what the western media is making it out to be. so why not put a little shiny star on the corner to look over this way. we have a leak for you to, you know, pay attention to instead of what's actually happening on the ground. there's also other reasons, obviously for there to be a distraction. i mean, the situation in western europe in the you itself is not the best. the economy is suffering because of this war and has a huge part to do with what's going on. and the fact that these sanctions aren't working. s

. >>> tomorrow, the intel ceo. hear from him about the path forward, this uncertainty about what to do with this stock do you believe he can turn it around or not? what does the rest of the year hold we're going to talk about all of that, morgan >> and key conference call kicking off there. that's going to do it for overover >> "fast money" starts now >>> right now on "fast," am amazon's big beat. popping after hours, beating on cloud and advertising estimates. we'll go inside the numbers coming up. >>> plus, rally on the street. the major averages with meta leading the nasdaq to a 2.5% gain. >>> plus, a waiting move shares of eli lilly popping on new data about their weight loss drug the ceo says this will be a blockbuster drug will the stock be one, too >>> and later, intel posts its largest quarterly loss snap lungs on a q-1 revenue miss and pinterest drops, as well i'm melissa lee, we're live in new york and we start off with an earnings momentum. online store sales were flat year over year, but it did beat exp

>> well, it was enough to remove him from the intel committee that's for certain.ith mr. swawell and i, that was a judiciary hearing all about the border dealing with unaccompanied alien children. so it was all about dealing with unaccompanied alien children and took 5 minutes to go after one of the witnesses about january 6th. i'm like, this is totally off topic here. why don't we focus on the southern border. he didn't want to do that. he wanted to attack a witness about january 6th and i just couldn't handle this anymore. i said i have to expose this clown for who he is. we removed him, his credibility. he does have a checkered past and we need to expose him and expose the left for who they truly are. maria: do we know specifically what information fang fang got from eric swawell and took back to the chinese communist party? >> probably too much. that would be a good question you would have to ask other members in the intel committee or maybe ask our speaker but we did the right thing but removing him off that committee. we did the right thing. maria: why is it

driving the name let's go over what intel did right., but they see a recovery in the second half they're adding to the narrative pc sales have bottomed cost controls seem to be working with operating expenses lower. customers are sampling new offerings set for launch in 2024 they've had struggles in the past we're not all the way there yet. the ceo pat gelsinger said we still have more work to do and the cfo not satisfied with the results. gross margins fell short and server and networking marketses have yet to reach their bottoms as clouds and enterprise remain weak wedbush, arm is going to go public and pat gelsinger is entering his third year and said this is all part of his turnaround plan. let's see what he says today on cnbc at 4:00 p.m melissa? >> thank you kristina partsinevelos >>> let's get to the broader markets and the last trading day of april we're doing pretty well considering the huge decline that we're seeing in amazon this morning down 4%. considering the run up that we've seen going into today, mike santoli is here at

intel is branching out. stuart: finally intel is going up.h. >>> alvin bragg is standing by his decision to indict donald trump. george soares is trying to distance himself from the manhattan d.a. lydia hu outside the florida supreme court. lydia, what are the ties between alvin bragg and george soros. >> reporter: money, stuart. huge political donations from george soros and his family members that supported alvin bragg and his ability to get into the office of district attorney here in manhattan. george soros has been public of his support for local district attorneys seek to reform criminal justice, through, for example, prioritizing mental health and job programs. another campaign promise from alvin bragg, prosecuting the former president donald trump which conservatives have been quick to call out, watch. >> these are political plants, people who are only being supported with $40 million in the case of alvin bragg a million dollars from george soros, only because of ne critical prosecution of our opponents, those on the right. >> reporte

we know that tony blinken was actively involved in getting 51 intel agents to say that the hunter biden laptop was probably not real and a russian disinformation campaign. that was completely untrue. tony blinken lead that lying effort. we know the laptop is very real. should there be consequences for tony blinken? >> yeah, i mean it's just another example of how joe biden, tony blinken and all the democrats in washington are willing to take whatever steps necessary to hold on to power. tony blinken should answer for this and answer in front of congress. i am pleased we have jim jordan in charge of the house judiciary committee who will get to the bottom of these matters. the american people deserve to hear the answers they didn't get from the last campaign before the next campaign. >> what about the irs whistleblower who wants protection, that is claiming that in fact hunter biden is getting special treatment. and in fact the ag lied under oath when asked about this. how serious is that to you? >> it is very troubling allegations, sean, not just what hunter biden has done but the polit

as for close amazon and intel on top.arkets are higher take a look at the face of the earnings, they're down gesture up 83, and the s&p 500 higher by 19. we are awaiting the first read on first-quarter gdp out to a half hours 8:30 a.m. eastern stay with us on that, growth expected of 2%. european markets with a firmer tone as the p100 up six, cat con 31 and jack spiked 25. in asia overnight green across the board, the major embassies showing fractional moves to the upside. join the conversation already long strategic wealth partner mark tapper in the president of partners while untimely partner and minority leader goldberger rally right here "mornings with maria" is live right now. >> passing the debt ceiling last night and nero 217 republican votes in 215, four republican congressmen voted against the bill not gates, and ten, finds a fox news poll 50% of americans are against raising the debt limit while 44% are in favor. joining me now south carolina congressman arm services of veteran affairs committee nancy mace is he

chips, we mentioned intel and we need software. we are investing into this.e are up to nearly 40,000 software engineers in the country. it is growing and for the operation -- operating system side of the vehicles. the other parts, technology and the drive train. being able to drive the vehicle safely and into alternative drive trains because we are not only investing into electrified cars but hydrogen powered trains because we believe this will be important. guy: cannot ask you the macro question around this? the debate is whether or not europe and the united states are engaged in a subsidy war. we have the chips act and the inflation reduction act which has caused consternation around europe. are we in a subsidy war? stefan: we are in a war where we have great growth -- ring growth. has to be financed and some of that finance -- financing will have -- need support from governments. we are not in a subsidy war at wall --all. that will cost more money in support programs and a lot of in private -- a private investment needs to be mobilized. guy: we will leave

well, even the democrat rankingt member of the house intel committee, it wasn't buying it. the new york times beat the fbi at the new york times beat the fbi. twenty one year old kid, airnati national guardsman, who was trying to impress his friends. clearly, there's an awful lotl of work, a lot olof a lot ofnalr congressional oversight work. we need to de o to fix these systems that are constantly allowing or at least regularly allowingre regul our secrets tot into the wild.hem how was he able to print them out? how he'd be able to how is he able to remove them from a secure facility? >> the facts here are so badn ie for the bidel n intel community that even cnn's jake tapper can't hide his disgust. this classified information was reportedly on discord for months. how many tens of billion s ofto dollars the u.s. intelligence community gets each year from tu the american taxpayer. taxp therelly seems like.s was a lot of people dropped theb the ball here. it's notal a proud period for f the intelligence community. >> let's say that. well, that's right. and it's an understate

>> steve: brian, when you were describing that, 51 intel community experts, largely retired, who signedletter, i've heard a couple of them and what they said is at the time, that is the information that was available to me. you know what, that has echos of what we are hearing from merrick garland now supposedly if he is the upnamed political appointee who waved the department of justice away from hunter biden. we don't know that the ag is a liar, but someone may have given him information that was not true. remember six months ago, we talked about the "washington post" had that exclusive and fbi investigators said we have enough doing get hunter biden on tax evacation? when is it going to happen? apparently, behind the scenes, merrick garland, if he's the guy, put his thumb on the scale and said, there is nothing there. it becomes quiof who told him this stuff, ainsley? to some, it looks like yesterday we had mike turner on the show and he said it looks like obstruction of justice. doj blocking the investigation from going forward. who is the person at the top? echos of watergate. we do

house intel committee chairman mike turner is launching the investigation.ins us live. >> ainsley: plus, welcome to miami with the city being named top in the nation for tech friendliness, one generation is taking advantage. we have the mayor, mayor francis suarez coming up next. ♪ i'm going to miami ♪ welcome to miami ♪ i told myself i was ok with my moderate to severe rheumatoid arthritis symptoms. with my psoriatic arthritis symptoms. but just ok isn't ok. and i was done settling. if you still have symptoms after a tnf blocker like humira or enbrel, rinvoq is different and may help. rinvoq is a once-daily pill that can dramatically relieve ra and psa symptoms, including fatigue for some. it can stop joint damage. and in psa, can leave skin clear or almost clear. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clots, some fatal; cancers, including lymphoma and skin cancer; death, heart attack, stroke, and tears in the stomach or intestines occurred. people 50 and older with at least one heart disease risk facto

>> exactly we should really note that intel and nvidia are in very, very, very different positions iel has had problems for decades and nvidia is really seen as the giant of the space the leader at the compute level for artificial intelligence, nobody, including google, will be able to challenge that any time soon, but it's the longer term case there could be less reliance, and there's even doubt over the google chip and what it can or cannot do cold water thrown on that paper. it just underlines the fact that the battle in ai is taking place at the top of the stock for consumers and at the bottom of the chip level and there's going to be so many more iterations of this in the years to come because we're still in early stages. >> thanks so much. deirdre bosa reporting from san francisco for us great to see you. $> johnson & johnson reaching an8.9 billion set military in its at all couple powder lawsuits we'll take a look at that one next - double check that. eh, pretty good! (whistles) yeek. not cryin', are ya? let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that?

are you using human intel or not?as a follow—up to provide context, to provide colour for this puzzle. because the puzzle, you're building based on data bits and pieces. then sometimes you don't understand why something happens and then it's very useful to rely on sources that you can trust, but i would never start an investigation based on a tip from a source, just because of the bias of these sources. to be clear, do you, right now as we speak to each other, do you have several sources, for example, inside the fsb, maybe within the wagner private military cooperation, whom you are talking to about what is happening on the ground? i've been open on social media that i do have sources within wagner and this is the result of previous investigations where we did contact a lot of wagner over this, and some of them have agreed to continue a talking relationship late at night, where we may be on a different side of this particular war, but sometimes there is a reason for them to share and over—share. let's talk about anoth

you talk about intel, the leaks.definition of intel is to be able to go at different sites, obscure sites, the chatter places where you hear this information that might be useful down the line. this stuff, bubbled up on this discord that obscure chat room out of san francisco used mostly for gamers, there were hundreds of documents on there bubbling around for weeks, and weeks, no one in intel department picked it up, how is this possible your job is to scan the sites, some of your most valuable information on this chat room where gamers talk about these things, you didn't pick it up until it was on wider social media. kennedy: then a story in media, people started to report on this, then they went, oh, my gosh, what is this? what hell has been wrought with our secrets about china, and ukraine. i'm looking at this going, so, ukraine has about 85 aircraft. russia has about shy of 500. ukraine is supposed to run out of bullets n next month, what happened to the 60 billion we gave them, is that in there. >> the answer w