i think intel will win the markets, they are going to adore intel more if intel can win at the leading edge. the lagging edge has caused issues in the supply chain but i am not as negative on this. the right partnership could end up being a winner. ed: the benchmark intel sets itself with is ts. mc. daniel: the acquisition of tolerance is not going to immediately make intel on the same plane as tsmc as a global foundry. it was a step forward and gave them a complete set of capabilities. i have spoken to someone who said it is a multistep process, the company providing more resiliency option for companies like nvidia and caulked -- call, -- qualcomm. i think the immediate opportunities for intel to be of foundry -- to lessen the u.s. and parts of the world's dependency on asia and tscm to compete --tsmc to compete. if it can win more on the leading edge, that is where the opportunity is, it can be a number two. it is a long way to be on tsmc's level. caroline: you say there is a partnership and deals can be done but can they be done in -- internally in the u.s? >> the doj looks at some

>> well, let's just say intel had to wait 18 among months patiently.ow it is mutually, and using it in quotations because that is what they said they agreed, with tower semi conduct information to terminate its plans to acquire tower but this is really about china's regulators refusing to play ball amid rising tensions with the united states. intel has a strong presence in the country employing over 12,000 people. regulators have the right to review any mergers of companies like intel that earn a certain amount of revenue in china and that is why you are seeing tower semi shares tanking down almost 11%, intel down 2.5%. not as bad as the reaction, but overall china is not happy with the american gsh le-led set of international restrictions so this is a way for china to fight back today's block deals -- set as precedence for any other american firm that derives revenue from china and wants to get involved with any m&a activity and this also disappointed process pegt pro prospects for the foundry business you see the 1% on the top left tower takes up 58%

i know the intel one straightaway. i can - brand. i know the intel one straightaway. i know the intel one | straightaway. i can say that i necessarily knew the tiktok one. but what do you do then, when you're gathering together to think up a sonic brand for a company. talk us through that process? company. talk us through that rocess? �* , ., ., ., company. talk us through that rocess? �*, ., ., ., ., ~' process? there's a lot of work that actually _ process? there's a lot of work that actually happens - process? there's a lot of work that actually happens behind i that actually happens behind the scenes before we even write any note. we start with a deep research into the brand and an audit of what it is doing, and also what's happening in the marketplace. because you don't want to develop a sonic brand that sounds like every other brand. then we go into phases of production, so we go into the studio. we write some music, and we also do a lot of testing at that point. so that's a lot of audience testing to see how the sonic brand is resonating — whether it is connect

buy intel processors.o for intel, china is still a very physical market and i think that is where chinese regulators got involved. this is also a very big geopolitical story, for sure. >> this is part and parcel of the various shots that the u.s. and china have been firing at one another. remember it all kicked off in october of last year when the biden administration issued as export restrictions and a few weeks ago now they have come out with this data latest round of artificial intelligence investment ban for u.s. companies, investment firms to steer clear of china and back then we were saying how can chinese authorities respond? >> this is an example with the instigation into micron and a few other areas where china does have a little bit of leverage. the u.s. has a lot of leverage given the technology it owns, it's companies owns, certainly china is using what it can in these instances to sort of retaliate in some sense. >> complicate life for u.s. companies. >> certainly. >> thank you. an excellent o

it shouldn't move the needle massively for intel, but intel would have been given more expertise in theexposure to radio frequency chips and the aid sectors as well >> i was looking at the mizuho desk does this deal even matter speaking up. >> i did read that line and it stood out to me on the subway line when i was coming here. that's the problem, they haven't built out their foundry business, but that's what pat gelsinger is hoping on when i asked him about ai, their business model right now is they may not be making the most advanced ai chips, but they want to manufacture them for other companies, much like tsmc does, so they can be part of that capital expenditure. so they're able to monetize a huge rush of funds that's going into ai capabilities that's their argument. will they get the five nodes in four years, which really just means different-sized chips within different four years, it gets a little complicated when you talk about the nanometers. they've signed up synopsis, a few other companies onboard. so -- >> also makes you wonder if any semi-conductor deal can get done in th

regulators intel will pay $353 million breakup fee to exit that deal.sla is cutting prices on the model s and x in china by nearly 7% following a similar price cut for some models in the u.s. this week as it looks to reduce its existing inventory. tesla shares down more than 1.5% this morning >>> apollo global is selling a loan at issue to trucking firm yellow and is halting its plans to help with the bankruptcy. the loan has been sold to a fund owned by citadel. >>> shares of cava group are popping after beating earnings and revenue expectations and reporting 16 new restaurant openings as consumer demand for dining experiences continues to remain resilient shares of cava up 12% in the premarket. >>> and tencent posting earnings this morning, a surge in profit for q2 but misses expectations among cost cutting efforts and rising sales in its core gaming business, cloud and fintech units. shares down more than 1% >>> here's what to watch today july housing starts and building permits at 8:30 a.m. eastern time, followed by industrial production at 9:15 a.m

intel, blue. look at the difference which underscores the story -- it's not like intel is a terrible stock -- hold on, josh. it's up 24%. nvidia is up 200% this year. they have that incredible ability to expand their gross margins to a degree others just can't compete with >> and their cash flow at $6 billion, hence the reason they had the buybacks the discrepancy there, we're talking about 71% gross margin to 40, not even, for intel, and probably will continue like that because they don't have the same margins, as you pointed out, like nvidia. in terms of competition, i still stand by the statement based off the research that right now there is nothing, but that is the biggest debate going forward that there could be 2024-2025, especially when we start talking about the in-house players, qualcomm and apple do well with smart phones, but they still can't run. josh, you can't throw that out there and not explain it it's like waiting in line, cpus, you have to wait for the next one, and then you can

take a look at the three-year chart of intel it's on the right-hand side of your screen. you'll see a u-shape recovery. really on the far right of your screen it's hovering under $38. the analysts are suggesting intel could actually break through that resistance level which is just another saying of a price level a stock has trouble breaking through they believe it has momentum and could ride through the next resistance level which is 40 bucks. that's almost a 6 buck gain if you look at today's price action of $34.51. for nvidia, same three-year chart. we can put that on your screen on the right you can see it's in the opposite direction, like an umbrella shape it's just hovering above $400. they're suggesting the stock could fall through the $400, which is closer to the 20-day moving average the reason for that is because it's so overbought so, that's the reason why they're pointing to intel going up and then nvidia going down. >> we should note that this is, as you just laid out, purely technical analysis, right, and price momentum the fundamentals are the reason why a

, other chip—making giants, like intel and amd, reported their latest quarterly earnings last week.sonal computers and tablets may finally be easing, but a recovery could be a way off. market intelligence company idc estimates that the shipments will fall by 15% globally this year before rebounding in 2024. earlier, i spoke with the firm's mario morales on how close we are to the bottom for the slump of the pc market. we think the slump of the pc market. - think probably some time in the september time frame, think probably some time in the septembertime frame, maybe september time frame, maybe until october. septembertime frame, maybe until october. i think there are some areas like the cloud service provider space where you're still seeing some rationalisation of some inventory. the automotive industry remains resilient, but the pc and phone industry have been suffering for over a year now. so, ithink been suffering for over a year now. so, i think those are the markets that we're hoping to see a lot more improvement, especially because there's a lot of new products coming out by

that the us kind of gone an intel sources have already intercepted. let me take you through some of these. so pete proposed occupying rushing villages to gain leverage over moscow and negotiations. he was overheard arguing for more long range missiles so that he can use them to get targets inside rushes, borders. and get this in a meeting and mid february with his deputy prime minister. mister zalinski made what may be his most worrisome threat when it comes to your p and nations. you see, when he discussed attacking a country which has a memory made. oh, so in this conversation, so landscape suggests blowing up a pipeline that provides oil to hungry quote. this is what he said, just blow up the pipeline and destroy victor or bonds in the street. for ben, as you probably know, is under his prime minister. regardless, these comments, by so wednesday, taking it face value are bound to give some western leaders heartburn for fear that the weapons that they supply so lensky with could be used. it can sort of their own member nations. like i said, the hung

the office of the director of national intelligence saying, quote: the intel community will invest ing innovative methods and cultivating new sources and work for systematically with public and private sectors to facilitate a common understanding of technological and other risks. what the heck does that mean? let's call in tech policy center director at heritage and former dodd counter-terrorism expert kara frederick. >> good morning, steve. >> sounds like the intel is going to work with private sector entities, presumably, what universities, big companies, stuff like that. if you see something, you tell us. and if we see something, we will tell you? >> yeah. there seems to be the idea that there will be an expanded partnership between public and private sectors. now, there's good ways that this can occur. you have notification of imminent cyberattacks say if the u.s. government, if intel agencies recognize that there's going to be some sort of chinese communist party probing attack that might hurt our critical infrastructure that's run by a commercial company. that's great. so cybera

where as intel went down. secondly, amd is set to launch its own a.i. in q4 it has orders from microsoft as well as amazon that a.i. chip alone could be seen as a catalyst for more bullish estimates for amd if it's launched on time. there's some concerns about that that means amd investors will have to look past the near-term weakness, and look towards that 2024 a.i. dream for amd. guys >> thanks. kristina partsinevelos >>> marriott with top and bottom line beats also raising q3 guidance the cfo will be with us next on the back of the results. >>> apple getting through price target hikes ahead of the quarterly report later in the week we'll break those down your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> we're watching sofi after nearly 20% jump yesterday. kbw cutting it to a sell saying valuation overprice. they raise it to $750 a s

the issues facing american chip companies like intel did come up companies like intel did come up incussions between secretary raimondo and minister wong, as well as those curves from beijing on rare earth exports, trade policies have also become a type of war between the world bank to biggest economies. from the chinese perspective, certainly, it is unclear what exactly is expected to do what it is they should be delivering or how they might orient themselves differently that would satisfy american demand. from the us perspective, they want to make sure that the chinese understand us concerns, understand where the parameters and policy are and i think the big challenges that everyone else, where are those parameters? where is the art and where does defence start and where does defence start and is that where it will ultimately land, or will this yard to keep expanding and defence keep growing taller? sadly, for the rest of us in asia, that is a very important question. figs asia, that is a very important question-— asia, that is a very important cuestion. a ., , �*, question. as you

pat bill sing of ceo of intel. the company that produced the 1st commercial microprocessor back in 1971. now one of the largest produces in the world. the world needs more geographically balanced resilience supply chains. and the world now realizes that that's the essence of the us chip, that to get more geographically balanced resilience supply chains. i can't put oil reserves in my country, but i can help build fab somebody country. we have to build out. we're coming to you live from looking county, ohio. this is the site for intel is break the ground for its numerous chip manufacturing facility. we're going to build the most advanced stuff in the world right here in ohio. unfortunately we produce 00 of these advanced chips in 0 try is trying to move away ahead of us. united states has to leave the world to produce these advanced ships. and this will. 1 make sure that we will was 3, the people who entails 20000000000 dollar investment complex. we take only 3 years to get up and running. this is thanks to the chip

so i see intel probably use the tongue tongue doesn't talk. not much to get your whole she wanted, she hadn't quite the 3 that have come to sue to the face of the shop. please, i'm not that is a very profitable industry case. i've seen they have announced that i want to spend a $140000000000.00 over the next 3 years. so i'm so save a lot of money until more than a $100000000000.00 orders already 3 or $400000000000.00. i only 3 manufacturers allocated to build out that capacity. why would you then from the risk management point of view, put everything in asia. you want to distribute this across the globe is logical. this is why intelligence american company comes to europe. this is why do some sheets are always going to go through the united states? this is why i have to industry is an expensive industry to compete in building a new facilities and costs $20000000000.00 for one plant. so any effort to change the geography of where factors are located is gonna cost a lot of money. now the question is, is it worth it to the judge and do you have a

now, knowing that even the us intel community is saying, he tried to attack the kremlin. wow, this is a fascinating development in this story. what do you make of that dentist? well, it was pretty obvious from the beginning. ready this thing was not carried on by the russians. they didn't attack comes. how's your name? by a. yeah, exactly. you know, those are the charges. this is a call slack opperation. but it's also the case quite clearly that uh, anything that is done by the ukrainians has checked the cross check with both the british of the united states. now some people say, well, this wasn't the serious attack. after all, it didn't have enough explosive charge to really get put and then everybody knows putting doesn't sleep in the kremlin, that displays a certain amount of time, either today or lack of knowledge of how actual professional it's have occurred over the decades. and that is, there always pros, you're always attempts to see how the response is going to be, what is going to be the military response? what's the psychological response? what's the political

compare year-to-date what nvidia did compared to say intel up 23%. in a normal year that's amazing for intel or quite frankly many different stocks but nvidia is up more than 230%. same time. which one, fill? >> to be honest, i wouldn't go back to chips for a year. i think you have tremendous opportunity and value and if i was going to go ships, i would go football games he's loved and they're in the upside and they're not in the next few months and to weather the tomorrow is the next few monarchies and see where we're at. liz: i van, is traditional value stock area, is that the place to be as we head into cement fed meeting and doesn't look like they're going to raise rates after 11 rate hikes but you look at november's fed funds future, which is of course the market betting on what the federal reserve is going to do. we're looking at fed funds interest for november and now suddenly a hike of a quarter of a percent. 47.7% and that number was 30% yesterday. so perhaps the market is starting to believe what susan colins of the boston fed said we're no

both stocks down, tower down # 11 #.5%, intel up 3.5%.a look at tesla if we can, downpr. the ev maker lowering the prices of the model s by about $960 #0 and the model x by about $8 a 500. this comes less than a week after tesla announced discounts and an insurance subsidy on the model 3 in china. to retail, shareses of tj maxx parent company tjx are hitting a record after the retailer raised its outlook for fiscal year 2024. the stock up 4. tjx reported $12.8 billion in second quarter sales and adjusted earnings per share of 85 cents beating on both the top and bottom line. and meantime, how about this? it's the rare that a company beats on top and bottom line earnings and then the stock goes lower, well, guess what? shares of jack henry plummeting this afternoon, have been all day, after of the financial tech provider gave 2024 guidance lower than expectations. the tock off 6% -- the stock off 6%, and there you have some of the highlights of some of the trading today. >>> now this kind of weird, interesting, sad story i guess you could

pre-configured for management flexibility and equipped with the intel evo platform.esponsive collaboration tools give your team effortless connectivity to stay focused wherever they work. fetch. lenovo makes seamless productivity possible. cdw makes it powerful. there are some things that go better... together. like your workplace benefits... and retirement savings. with voya, considering all your financial choices together... can help you be better prepared for unexpected events. voya. well planned. well invested. well protected. >> announcer: the opening bell is brought to you by ncuveen, a leader in income, alternatives,and responsible investing. >>> china stocks under some pressure amid worries surrounding the world's second largest economy. jd.com among the biggest decliners. a quarterly beat for the e-commerce giant ten cent, jim, three quarters of revenue growth but it's a miss you had some thoughts on china on twitter this morning. >> look, i want people to understand i have been negative on china and the chinese economy for a long time. km chinese currency n

intel got approval from u.s. regulators to buy it, got approval from foreign regulators, all the regulators it needs, except china. both intel and tower have business in china, so they need the chinese government to say okay. but the chinese government said nothing, not yes, not no, just nothing. many wonder if it's payback for all the technology restrictions washington is putting on chinese companies. but with no approval, intel will have to give up on the plan. >>> u.s. congressman don bacon from nebraska says the fbi warned him chinese hackers read his emails earlier this year. we do know hackers got into lots of sensitive u.s. government accounts, taking advantage of a security error by microsoft. bacon warned, quote, the chinese are not our friend, and said, i'll work overtime to ensure taiwan gets every dollar of the $19 billion in weapons backlog they've ordered and more. >>> there's a graphic x, so he tweeted it or whatever it is we call it. 'x' yesterday caught slowing down connections between it and sev

and so, you cannotjust get out of china when you look at companies like intel.eone like qualcomm is 60% of their business. so they're going to continue, these us based companies and european based companies and european based companies are going to continue to lobby their governments to ensure that they can continue to provide the products and technologies that their customers need within that region. but you will see supply chains still evolve, and i think that we're seeing some of that now. where certain customers are forcing their suppliers to migrate some of their production of their products to other regions just to mitigate some of the risks that we're seeing today. and that's it for this edition of asia business report. keep up of asia business report. keep up with the latest headlines by visiting our news website. i'm monica miller, thank you for watching. bbc news, bringing you different stories from across the uk. �* , different stories from across the uk. m ':: :: different stories from across theuk. �*,'::::y ., different stories from across theuk. �

notice amd, intel, too.emember, when you're in the data center, what you're thinking about is what jensen huang is doing in the video. they have this chip called grace hopper. and hopper -- it's all nvidia, but grace is the cpu and hopper is a gpu. amd makes cpus, intel makes cpus. they're on the x86 model. this is not that. this is a major break through by arm to be the partner. remember, nvidia tried to buy arm. the head of arm is from nvidia, and they're very close -- very close with jensen. the reason i'm very excited about this deal is because, if they're the cpu chosen to be in grace hopper, which is a gh 200, the fastest computer -- what they'll need for soup your computers, that's a huge leg up on amd which i like and intel which i don't care for. going away from the 286 toward arm. arm is the winner. they have the best technology. that's why i'm excited about it. >> i think a key part of the story that they'll be selling to wall street will be ai-related. of course, it's real and offers particularly

even though these are two hypercompetitive companies -- let's say intel and amd -- intel has enterednto an agreement to manufacture chips for arm. the concept of a frenemy's is very prevalent. caroline: it is interesting, isn't it, that even as we talk up this ai hype, even as we look toward nvidia after the bell, we did get numbers in the filing. quite clearly, there is a slowdown being felt by arm in this microenvironment. ed: you can't outrun your main business. sales showed they were down 1% in the period ending march of this year on the year. what did that tell you about the health of their main business, principally the association with smartphone processors? glenn: smart phones are down, as we all know. in semiconductor stocks, companies have been suffering. the economic slowdown has had a really strong impact on all of them. it has not been a good couple of quarters for these companies. but there is a turnaround underway. it is fueled by all of this ai stuff, most notably generative ai. i have been through a number of ai ways that did not pan out. but this one is different. w

kunjan: similar to intel, the results around pc was really good.shows the pc market bottom is turning and on its way to recovery and the second half will be a tailwind. and it comes to data center, we see it both from intel that the enterprise market is a mixed environment. there is still inventory the needs to be cleared and demand is not a strong. on the side, on the data center for the cloud, into this year, we know the spend is lower than what we expected at the end of 2022 and they are heavily spending in their a cloud portion which forces them to optimize in the non-a icloud portion and that is where these players have the big market and amd and intel are feeling the burn. ed: bloomberg intelligence's kunjan sobhani. check out his outlook on the bloomberg terminal. softbank is also feeling optimistic about ai. the company's semiconductor unit arm is targeting an ipo valued between $60 billion and $70 billion. according to sources, the company could go public as soon as september. earlier this year, bankers pinch devaluation trading from $30 b

ukrainian security services said she was caught red-handed as she tried to pass intel to her handlerso, thank you. the u.s. women's soccer team is headed home early after getting knocked out of the world cup in sweden. by sweden, rather. cbs's nancy chen reports from australia that the difference between winning and losing came down to a penalty shoot-out and the slimmest of margins. >> reporter: so close and so cruel. in the end the difference between potential victory and heartbreaking loss was this. the save that wasn't. >> did it go in? >> reporter: it did. replays show by millimeters. and it sent the americans home, their earliest world cup exit ever. the u.s. had looked lackluster in three previous matches. but in this one, sweden managed just one shot on goal, the americans 11. the team clicked. they just could not connect. >> we finally played with a lot of joy and were able to express ourselves and you know, so proud of the group for that. >> reporter: megan rapinoe leaves a lasting legacy. she was insurmountable in securing equal pay for the women's national team. those effo

agency alleged this ukraininian woman w was an inforormant for russia, now arrested, who gathered intel on the presesident's jululy itinerary mykolaiv, a city near the southeast front line, for a possible assassination attempt and, quote, massive air strike. also today, two russian hypersonic missiles slammed into the eastern front line, killing at least five and wounding dozens when they hit an apartment and a hotel popular with international journalists. this latest assault follows russia's multi-wave attack saturday night. 70 missiles and d drones. 10 evaded sky shield defenses, slamming into this blood transfusion center in the northeast and a grain silo and military airfield in the west. >> every time russia is attacked, russia strikes back. "one needs to remember russia hit first. our strikes are for the exhaustion of a powerful, dangerous enemy," she says. moscow's weakened assaults are likely reaction to two sea drone attacks by ukraine against russian vessels friday and saturday. russia has called the recent sea drone attacks as barbaric and terrorism. what's your reply to that

and just having intel agencies on the news. and oh, and this is what so brilliant it agent or platforms that basically verified true snopes and pull that in fact. and now there's, i don't, i'm not, i'm not saying they're involved in that, but this is the most incredibly brilliant thing ever. so not only is what you're reading, in fact the, the twitter files show this not only is what you're reading, limited, and, and a centered. and we'll gated and bowdlerized by intelligence filters in the light. but the very source, the encyclopedias source of which people believes to be true, that's being affected by intelligence as well. and i'm telling you, i'm not so much shop is i want to say, bravo, i could never thought of this. it's, it's deliciously diabolical. okay, so it was a line line no, come on when there's going to be some normal sense. how could we go back to normal and see why we couldn't believe what we go do it is gonna be on the inside, cleaner, that dusty encyclopedia that we got when we're sort of ad 12 years old. i'm.

intel is also building authentic. so there's a big question of, of whether state money should be going to build the, these are the most advanced somebody, conductors, you're probably needs less semi conductor, the car industry and so forth, the basic chips. and at the same time probably should be spending a sprints which are in imaging and chemicals needed in the semi conductor chain. so i think this, we've seen what a crunch on semiconductors can mean for burgeoning technology. is this not a supply? yes, i mean the, you share of the global semi conductor market has though a coordinated with the us investments. and again, it's, it's producing, it should probably be better spent elsewhere in it, trying to achieve that sort of strictly germany with the pockets compared to other countries as exactly its pockets of friends when fall tax for this year. oh, it says removal, redistribute excessive gains. that lenders made from higher interest rates in order to help public finances as well as mortgage holders of the tax, whic

it's a very similar narrative to what we saw from intell last week heading into q-3, the company expects data center and client to each grow double digit percentages. but they didn't provide any numbers in the report. and that's going to offset some gaming weakness. and this comes even though i.t. budgets have been prioritizing a.i. chips over traditional servers. overall, that's good news for the stock, contributing to the bump that we're seeing right now, as well as the earnings beat lastly, a.i. will of course be a theme on the call given amd's a.i. chip, which comes out in q-4, but keep in mind, it is only testing next quarter to three. it's coming out in q-4, so, we shouldn't expect revenue until early next year. mel? >> kristina, when they say that their customers have seven times the number of engagements for a.i., what exactly does engagement mean? >> engagement means it doesn't necessarily translate to orders. that was in the report, and that's an excellent question, but it does not necessarily translate. they have hard orders from amazon, as well as microsoft for that new a.i.

sales growth is fastest in years, overtaking intel for ears.hird quarter estimate blowing things out of the water. $60 billion, up from $12.5 billion. nvidia outsources chip production and supply chains -- supply chain constraints don't seem to have hampered sales. they expect to increase each quarter through the next year. this is a historic moment for the tech sector. ceo and cofounder hailing a new era of computing. traders are ready for risk off the back of these results. nasdaq futures at 1.3%. s&p is up 8/10 of 1%. it is green across the screen in asia. for japan and exchange group ceo has said that the yen has become too weak. he also told us that he is not too worried about its impact on tokyo's rally as he sees other factors boosting stocks. take a listen. >> the strong interest from global and japanese businesses, i would like that to continue. i think the market moves forward in a favorable way. [indiscernible] some are reallocating their investment from china to other places. also, japanese inflationary pressure is coming. this is n

intel struck the agreement in february of last year. failed to secure approval from chinese regulators, which was required to do under the contract with tower. intel will pay a $353 million breakup fee to exit the deal but think about sort of how that is supposed to work. if you need chinese regulatory approval, for a chip company, in this environment, you think that's coming? >> no. >> not really? >> probably not, right wheels up. private jet membership company which is all over the place, you saw it on the winning triple crown jockey's pants, a lot of marketing, expert marketing, but wheels up experience has reached a deal to receive a $500 million rescue financing package from a group of investors including delta airlines, which had an alliance with wheels up. the new financing provides a path for the company to avoid bankruptcy and in exchange consortium of investors will receive a 95% stake in the company and delta's cfo will join the board as chairman and wheels up went public, a spac, in 2021. and at one point, it traded sharply

intel had been tracking the individual, the bomber. what he looked like, what he was wearing, down to the computer bag, the black computer laptop bag with writing on it. did that not standout? and we cannot do anything about it? our snipers cannot do anything about it when they see him? are we more worried about upsetting the taliban? why? then we move to two weeks ago. we have biden shouting in a press conference, namely one objective that we set out to accomplish that we failed on. name me one. and all of our history, not one. i say to you, mr. president, you have 13 pictures that we have all named. you have 13 that you did not accomplish. i know he cannot name one of them without a card sitting in front of him or a teleprompter in front of him. i say 10, resigned. secretary blinken, secretary lloyd, general milley, you need to resign. we have not gotten every piece of information. it is being withheld. now i move to the lt. col.. you cannot possibly think that you have any respect from those you command, any longer with the actions

has been discussing concerns about restrictions on american businesses, including the chip makers intelnd micron. she is on a three day visit to china where she is meeting with officials and business leaders in an attempt to thaw the economic relationship between the two countries. here's katie silver. gina raimondo�*s visit is just the latest in a series of top american diplomats who've recently visited china — that includes treasury secretary janet yellen, the secretary of state antony blinken, and us climate envoyjohn kerry, all in the last three months. but despite all of these meetings, relations between the world's two largest economies are at their most tense in years. last august, the us passed the chips act, specifically aimed at growing the domestic chip, making business and blocking china's industry. beijing has responded in turn, including restricting exports of two materials, gallium and germanium to the us. these are key ingredients in making chips and it all comes in the same week as export controls kick in in the netherlands, preventing one of the world's biggest makers

so, you know, intel is a good example. they, you know, in 2010, they invested in this in this startup called net, those in china that would go on to be a very know one of the more most important companies driving innovation in surveillance in china and they they gave it money, they gave it chips, they gave it advice. and they basically helped build you know, build it into a company. and at the time, you know, they they were really kind of openly enthusiastic. how big and potentially profitable this this market would be. right. they didn't really hide it, i think, at the time. they just, you know, just seemed like a great way to make makes money in china and and it's not just intel as well as part of like research for josh and i talked to like hundreds of government contracts government contracts by like chinese police seeking vendors for such systems. and they would be very specific on what they wanted, you know, they wanted a gpu of a certain like speed and very often that sort of gpu only comes from american tech compani

companies we talk about qualcomm and intel and tesla of these are major u.s.ompanies and derive income from china do you cut them off? >> so many people will get it wrong and let's says i'm right, unfort unfortunately, some companies will lose revenue and supply chains will be problematic i think when you think about foreign policy, we sit here in the uk imagine if there wasn't a winston churchill, what language would we be speak today? what have we learned through chamberlain is achieving autocratic madmen doesn't get you anywhere these are difficult decisions. we enjoyed a peace dividend minus a few, you know, skirmishes with terrorists we have not had major wars, really, since world war ii let's say world wars we believe that era of the world was overw with. strength through weakness is what the u.s. has adopted. strength through weakness never whit works. i think we need to be stronger just today, we're expecting president biden to release the outbound investment restrictions we, today, just like the u.s. and uk and europe of the 1930s has been our money t

. >> dagen: biden administration had key intel they should not give up the bagram air field, which is where the u.s. housed and detained the suicide bomber that killed the 13 individuals. these service members would not be dead if the biden administration had followed intel given to them by the trump administration. >> kayleigh: he said they never told him, we have congressional testimony they did and to that effect. and some will be housed on soccer fields, leaving parents outraged. diabetes can serve up a lot of questions, like, "what is your glucose?" and "can you have more carbs?" before you decide... with the freestyle libre 2 system know your glucose level and where it's headed. no fingersticks needed. manage your diabetes with more confidence. and lower your a1c. the number one doctor prescribed cgm. freestyle libre 2. try it for free at freestylelibre.us i was stuck. unresolved depression symptoms were in my way. i needed more from my antidepressant. vraylar helped give it a lift. adding vraylar to an antidepressant... ...is clinically proven to help relieve overall depression

. $1 billion went this year to intel. -- or infineon. $10 million to intel.an government. to de-risk from china and make sure you have all the chips for the cars you need but also to remain relevant going into the future. guy: does germany have the skill set to do this? guest: the answer is sort of but not in the volume that is required. it is being built in a slightly more compelling term man the london roundabout. you are talking about a german workforce losing 400,000 people per year. a deficit of potentially 7 million workers by 2035. you have some of the educational facilities there, but not the right number of people. saxony is one of the counties massively anti-immigration. government in power that is hostile toward immigration, to be a problem. alix: absolutely, just look at the later -- they were shortage here in the u.s.. coming up, the sale of u.s. treasury. we will break down what to expect. this is bloomberg. ♪ my cpa told me i wouldn't qualify for the erc tax refund, so i called innovation refunds. their team of independent tax attorneys will wo

hydrogen gas to its neighbors and now to some of the other global business stories making use, the intel will drop it's $5400000000.00 deal to inquire is rarely chip maker tower semiconductor. the company was unable to secure a regulatory approval from china. the development underscore is how tre tensions between the us and china are spilling over into corporate deal, making, especially when it comes to tech firms. britain here in year inflation dropped. inflation rates dropped softly in july to below 7 percent due to lower energy prices. it is the lowest reading and 15 months. however, you can't. inflation remains the highest among the 7 nations, despite the bank of england hiking its key interest rate. more than a dozen times since late 2021. if you have the means electric vehicle maker vin fat switch shares climbed by to 70 percent edits. now that the view on tuesday, by end of trading, the company was worth more than general motors and ford. however, only a relatively small number of shares were traded. so investors expect shop price most movements rather now besides the currency col

i will get your reaction to that as a member of the intel committee. >> well, as an american, we needed to be able to trust our fbi as our national enforcement agency. they do important work, honorable and nobel work in a trustworthy manner. you have bad apples that keep popping up. are we catching them? that is good news, we are catching them. the bad news is that it happens. it happens, especially when has to do with russia, people lose faith in the fbi, especially when you look at the years this was happening, it was happening during the time when everyone was accusing trump of colluding with the fbi or colluding with russia and it is going to make it harder, as we reauthorize programs like fisa 702, one of the most important intelligence piecesy have, we can battle fentanyl and china, we need this program. we can't have fbi agents engaging in these kind of abuses temperature is harder and harder for the public to understand why we need the government to have authorities they have. we need to do better job vetting folks before they get to high level positions. somebody like peter s