the keys with 2 other chinese microns a local guy is standing nearby, but he's novice and the microns tell us to keep our distance. home. sions, companions on usually whites and devout catholics. long to young says they left china for the sake of their future children. while heading on? no, you'll either see what i see. i cannot do this to prepare for the track, the mike when spend several hours buying hiking gear? they also visit a supermarket to still comp on food. they will need enough to last up to a week while trying not to overload the bags. the next 2 days are spent waiting and wondering when they can leave. despite the clear skies the microns so told it's too risky to travel right now. these are particularly stressful times for home june. he says police in china happening harassing his parents again. often there's a lot of the kind of know when i think all when i separately to visit your thinking is a new off. when i, you made them a part of the it was showing you the days later, a steady stream of travelers starts, can searching on the beach. the boats are leaving again to lo

has tons, one chinese microns into an unlikely internet celebrity. part of that kind of a gen show 10 or 10, g a s he is better known. stone said his johnny with a mobile phone plan and very little else. but posts like these one him tens of thousands of photos on social media, enabling him to crowd fund his way across latin america. thing here, thank you very much. how much use of how you will find just the way out of the what is it to, to see this inquiry, she was jude and it was social media such as 92 and got in trouble. in 2021. he was sentenced to 14 months in jail for post that would seem to have hot the interests an image of china dial even before he was released june, god knew he had to leave within the wall past that certain change of uh oh is i oh, on the working can go light streamed whenever he could, revealing the thriving industry built around microns like himself. and thought it easy to clean while we bought up to the pounds. the cecilia migrants with deep pockets can pay for an easier johnny. yeah. natalie. yeah, you're the push. eval

can we cai demand deliver from micron? let's get to this key story of the day, the merger discussions. nissan in talks with honda and it would be a deal that could create the world's third-largest automaker with a better chance to compete with toyota and tesla in the eb space. -- in the ev space. the discussion between the two may have accelerated after foxconn actually approached nissan about taking a stake. japanese companies trying to fend off international investors. >> this is a case of a company that has been challenged for years, since the moment carlos ghosn was unceremoniously arrested by folks in japan. there was concern within the government about the long-term viability of this company and i think it desire to drive them into the arms of honda. i think honda was reluctant and perhaps foxconn with its interest in entering the auto industry, its interest in particular in electric vehicles knocking on nissan's doors, it is indicative of the sort of prospect that would only further alarm the japanese government. ca

micron really slumping on the back of its numbers. the y and the how as you see it eradicates most of its gains year-to-date. we go to analyst jake silverman first whose report lays out the outlook missed by 12%. we were all really excited about high-bandwidth memory for ai applications heard >> there was definitely an inventory crunch to some extent. this was starting to happen earlier this year. we were seeing this in june and july and august and the reason primarily was to build inventory ahead of price increases that did occur but now are starting to impact the company's demand. caroline: really trying to spell out the second half is going to turn around. maybe even a growth in the pc market but what spurs that? jake: there is typical seasonal demand. seasonal growth in the second half regardless there is also the opportunity where there is content expansion within ai pcs, smartphones. there is an opportunity there whether or not it occurs i think still remains to be seen but there is still optimism there can be growth in the seco

micron shares take a hit on their guidetrance the quarter. we'll hear what the ceo had to say. >> musk also dresses better than dan ives >> we'll get to lennar, conagra, in a minute. ♪ ♪ with verizon, trade in any phone, any condition. it's your last chance to get iphone 16 pro with apple intelligence. get four on us. only on verizon. (♪♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com z's bakery is looking to add a pizza oven, investment objectives, arissa's hair salon wants to expand their space, and steve's t-shirt shop wants to bring on more help. with the comcast business 5-year price lock guarantee, they can think more about possibilities for their business and not the cost of their internet. it's five yea

micron revealing that its latest hbm will be designed into nvidia's blackwell gpus.ps not perform, well today, melissa. >> seema, thank you. seema mody it sounds like it's the old lines of business, dan, it's not a statement on a.i >> pcs, you know, and smartphones and -- the one takeaway, i would say -- and auto and industrial, okay, and they're also telling you okay, about capacity constraints for memory that goes into servers, well, let's see. let's see if jensen huang says if the blackwell demand is insane if it's not, micron is going to have problems. and again, apple is one of their largest customers. apple iphones did not grow this year there's an expectation they're going to grow mid to high single digits next year i don't think, with some of the news we heard, that they're working on a foldable iphone, a thin iphone, apple intelligence is a joke. i don't think it's going to be a big upgrade cycle until the fall, until they have the new phones and then it goes back to the question, with apple's multiple that's expanded five points, well, why is that happening

and it, it appears that the big parts of lease work is to persuade chinese microns to go to a bethany church with joshua when i don't want them to touch on someone your muscle . so i'm showing you what time she says the church has a pastor and julia is who can help with assigned them applications for a fee to the entities on shore to finish the kind of karma gosh, so tell social 2 whole what was your those are for drop off, so tell without doing this with him, sometimes we just wonder if you just let me push on for one additional by itself and push out. let me keep all the motion as i'm up. i'm sorry about the officer to my back 2 days later, the takes are such a to charge. the users don't know. it's an imposing building that sits on a quiet street. inside they meet past the frank chang from the churches, chinese congregation. i sell those and it's not long before he gets down to business, i don't know a lot. the itemized association folded towards the bottom. the mileage is the young to help you move on. so when you say some was the waste of a positive jewish injunction, chang doesn'

the weeks lone expedition took the microns across, the dense the forest. it burying down entered multiple countries and checked points by nama griffith on his. yeah, you don't all on the last medium, a lot. the city module, this was the moment home june, cross the us border. he says he wants to test it for hours tide. and so i said before being discovered by police officers spending 2 days in immigration detention. he was released for now home to and lives with his brother in los angeles and help sounds at this time. these bed and breakfast. he wants to find a regular full time work. but time the us little asylum seekers have to wait a 100 and a few days for unemployment permits. without one, they can only 2 casual jobs. since i do for popularize triple 0, triple hold on to an e mail to go out there and kind of, you, me to court other than, you know, one of the top gave me that goes, which would be a 100 and higher to do when you trade it, he says he's luckier than many of the other chinese migrants he met. so no walking roots any other other than that, it

most importantly, micron's chip award is now locked in. it's signed, sealed, and ready to deliver for central new york, all of upstate new york, and for america. micron's chips award is more than just the once in a generation investment in upstate new york. it's an investment that will span multiple generations, create over 50,000 jobs, and spur historic amounts of private investment in the region. and the chips micron will make are essential, essential for america's future. they're critical for our national security, for a.i., our smartphones, our cars, our computers, and so much else. and the benefits go beyond new york. this award is also fueling expansion of micron in idaho, and today the commerce department has struck yet another deal with micron to expand their virginia facility. so, micron is investing and expanding in states big and small, from coast to coast. this is just the latest in a flurry of good news, showing that chip production is expanding in america, from new hampshire and new york to arizona, new mexico, to ohio. that'

stock of the hour is micron.hired to date know that the chip maker is scheduled to report first-quarter results and analysts will be looking for trends in the high-bandwidth memory products used in ai service joining us to discuss it is jake silverman with bloomberg intelligence. what do you know about the high-bandwidth memory products business? micron does not break it out from the other numbers, does it? jake: no, they don't. we think they have generated a billion or so in revenue in 2024 from hbm. we don't know precisely. scarlet: we don't know precisely, but there is a lot of talk of how this is the most exciting secular story for this industry, but because we don't know holland, it is difficult to project out the ramp-up. what are you thinking in terms of how to approach it? jake: what we do is we take a comprehensive approach of looking at gpu demand from companies like broadcom. we are able to triangulate that a little bit based on what ai infrastructure demand is. scarlet: and how big a part of this -- m

, in the 2nd half of our 2 pots investigation, $1.00 oh, $1.00 east finds out what happens to the microns once they've made it to the top of the single coon on us. as you can check on cars. we meet so secretive cost to discover his plan for new arrivals. ok, but moment the judge and then she had a job. we learned why, despite the risks, many more chinese are willing to undertake the same perilous johnny. and we ask if the american dream is really why that sacrifice the one children young has made it to america. the chinese migrant sent his wife june. you 10 arrived in july 2023. they now live with relatives in the small city of tenants in california. okay, okay, well hey, oh, assuming we only go calling you the couple are among the 31000 chinese migrants who enter the us via risky track through latin america in 2023 on social media. this expedition is known as jo. cn for the working roots currently and what the age of the images are. you got those have a good yeah. the over the how we 1st minutes to young and then you can in the calculated columbia near the starts of the journey to lots i

a local media report, a manual micron will address the nation on thursday evening. we spoke to a retired university of lavonne professors on brief mountain who says, rival political forces in france are uniting to bring down his presidency. the view, the positions boot, the national gathering and the new but the fund used to get paid over my car. in fact, my call is a very unpopular, so the bulldozer, wow, now he's for to form a new government. resigned. does he's not going to, he's a you said you really that and he's not close to his line. so the girl was he, there's a new government that image shown the me, i gain so. so the, the next one. so i'm doing my call designs and then you put the engineer festival. i think it's a good thing for one of the ease of use that to some extent, like you to send troops to train. any friend doesn't do it, but it won't do it because of the to the scratch, which of the largest media database to the other thing. is that the something that nobody, nobody ever mentioned, that phones is a pa, vince of the hoping in the last of the domai

micron as well off by 2.2%. finally they get certainty around that $6 billion grant coming from the u.s. government to be able to expand memory offering and manufacturing in the united states. let's talk about it with peter elstrom. this is a relief. it was an overhang on the stock because we were buried the trump administration would deny it. peter: that is exactly right. this is a program where the biden administration has tried to rebuild the semiconductor industry in the united states. chips act is one of the landmark programs the administration had and they wanted to make sure they walked down this money because trump personally had criticized these agreements as so bad and the republicans had floated the idea that they try to repeal this. even though it was passed with bipartisan support. so even though congress is trying to finalize the details as much as they can before this transition in january, micron, the really big u.s. maker of memory chips, won this award, that's going to help them build out facil

micron is on its way down. i want to get out of the way of nvidia. look at amd, teradyne, and micron, they have a tail wind at their backs. stuart: good story. thanks for joining us. see you soon. looking at maneuvers on the stock with amazon. it is moving. lauren: record high and it is jpmorgan's top investment pick. willey affirmed after cyber week sales, market researcher finds 80% of cyber weekend buyers shopped on amazon. 86% according to a data company. i can tell you black friday 2023, amazon was responsible for 18% of sales that day. these are huge numbers. stuart: next gen energy has to do with uranium. lauren: uranium powers nuclear plants. they are up 4% after signing deals with several nuclear utilities. this is the market saying they think nuclear is a reliable source of energy demand. stuart: you've got to have nukes to create electricity for these data centers. lauren: they are working on other stuff but none of it is proven or the right price point. stuart: marvell technology. lauren: another record high up 22%. they reported earnings

stuart: micron after the bell today.nue, $4 billion more than a year ago. micron is one of just three companies that provide high bandwidth memory chips, and those chips are used in nvidia's a.i. processers. the a.i. boom is helping offset weakness that micron might very well point to in some of the old tech businesses that it provides chips for like laptops and smart if phones. i'm calling them old tech. it seems we're in the age of quantum computing -- stuart: micron's had a great run though. they're up 110. i'd love to see a chart. lauren: citi says it's going to keep going. buy any weakness. stuart: chicago's residents erupting over brandon johnson's out of control spending. >> -- and to cover up where our money actually went. >> but it's your fault because you gave half the money to illegals. >> can you do the job, mr. brandon johnson? it's looking like you can't do the job. stuart: almost $530 million has been spent on my migrants under johnson in chicago. more on that later in the show. >>> new york's governor, ho

local media report a manual micron will address the nation thursday evening. we spoke to a retired university of laverne professors on brick mall, who says rival political forces in france are uniting to bring down his presidency . does he go to the positions book, the, the national gathering and the new but the fund used to get paid or from a car and truck mccoy's a very unpopular. so the bulldozer now now he's for to form a new government.

shares of micron down 14%. global chip makers down as well. infineon down 3.5.ng to home builders, lennar missing on the top and bottom estimates for the fourth quarter. the ceo says demand remains strong and chronic supply shortage continues to drive the market, but results drive inn ny affordable issues. shares down 9% >>> ms also looking to apple to integrate into iphone. apple and tencent have not responded. >>> amazon workers across the facility will go on strike this morning. teamsters union said the company has followed to come to the bargaining table san francisco and southern california and new york city and atlanta and illinois represent 1% of amazon's hourly work force. shares of amazon rebounding up .75%. >>> we are watching shares of fedex this morning the stock has traded lower since the last earnings report under performing on the guidance revenues are expected to be flat year over year forecast expected to fall 2% earlier this year, fedex combined the ground business the margin estimates 1.2%. it is not actually comparable to the big number the q

visible spectrum is like less than one micron. i think. so it's like very continuous. the adjustable. yeah. depending on what they want to find so they can target a specific wavelength to find out if it if there's carbon dioxide for instance here. okay. so now we, we leave our galaxy and it was only a hundred years ago that the astronomer edwin hubble discovered, that there were beyond beyond the stars i remember i said that they were trying to figure out the stars have an overall structure. well, about he found that there were galaxies beyond our own and then the question became, well, how many so so that's another frontier that webb is deliverer atlee crossing and trying to find the the structure and evolution of of the galaxies. so here we see a lot of dust and. dust you were just mentioning that that the the elements that we that we think of come out of these interactions supernovae exploding stars eject a lot of dust and they also eject new generation after generation. you elements due to the nuclear processes the but is just

micron, the big loser, down 16%. broadcom is down 2%.atch that as we welcome in our next guest, warren pies of 314 research. it's good to see you welcome back >> thank you for having me >> not a great bounce, right after what happened yesterday. what does it portend for what lies ahead >> you end up with strong forward returns. that's the very near term. towards the beginning of next year i think there's too much complacency on the -- >> i need to break away. i want to get to emily in washington with breaking news. >>> we have been tracking government shutdown news we had two law makers saying there's an agreement we don't have any additional details. both said an agreement has been reached. they are expecting details soon. they are expecting a vote in the house tonight. this was the head of the appropriations committee when i asked, are you concerned that we might see donald trump and elon musk scuttle this again? she said no. they seemed confident what they will put forward has a chance to pass we don't know details, what it is most me

citigroup, bullish on micron technology, that's giving them a 2% gain. >> they reiterated thereby andrget because they expect results wednesday after the closing bell, to be okay guidance might be below consensus but city is saying don't worry about it that's because the dram chips are old news, micron is now investing the high-bandwidth memory chips and nvidia is already using them in there using the men blackwell, that is why micron is up 207%. let's avoid the computer section and move on to capri exploring the brands that they have. >> the super luxury, bruce saatchi and jimmy choo, the fashion publication is reporting that capri which owns michael kors, affordable luxury, the working with buyers and banks to fund buyers of jimmy to their strategy did not seem to work they tried to be the american equivalent of ellen bh and maybe do in a more assessable way that's why i mention michael kors, if that does not work now you have the report that they're trying to sell off the expensive brands like versace. stuart: if you can't beat all the mh, sell your brands, give up and walk away wh

they took over earlier today after being named to the post by president emanuel microns they were, has a valid to tackle and the political paralysis that has gripped france after inconclusive parliamentary elections last summer of the former prime minister, michelle barney, a resigned after just 3 months in office, after losing a historic, no confidence that it was a lavish traditional ceremony, but not to read one of these days. the calls what by who became friends is full prime minister this year. it was the 2025 frontier that broke the last government down. if you have a quote to say it gets to, i believe the issue a state borrowing and debt is also a moral one who's informed me that it's not just a financial issue. no, she said, with the french political landscape split 3 ways. back home defied coals from the far left. at the far right, college used to appoint one of the number preferring to name someone from his own centers to come. an n p for a mac homes really nice songs potty said the only criterion should be what's best for friends and it's people supposed to was all i think w

but micron is a solid company. >> tom, thank you. i think we covered a lot there. appreciate your time. especially on a day like this. tom hancock, portfolio manager at gmo. >>> and now nvidia is the most important stock on wall street and in a new propiece looks at what it means for the broader market. for that full story scan the qr code on your screen or go to cnbc.com. don't miss the ceo of marvel tonight at "mad money." matt murphy will join jim cramer tonight at 6:00 p.m. eastern. >>> and coming up, soft bank's massa son is at mar-a-lago alongside president trump announcing a investment in the u.s. over four years. where the money is going and what it signals about the rest of the tech landscape. we're back after this. sent! okay, oop! even bigger. sent. [sending swoosh, notification alert] still bigger. okay, yeah i'm not doing that— [typing noises, sending swoosh] i think it still looks good! [notification alert] oh — even bigger. it's a lot to be a caregiver and a daughter. because you kind of have to take a step back. getting some help would be a great re

tom: douglas yates, micron survives in benefits potentially.ain around austerity directed at opponents. will see. thank you. coming up bitcoin tops $100,000 as trump makes his pick to lead the securities exchange commission. this is bloomberg. ♪ >> people use bitcoin like gold, not as a form of payment. tom: that was jerome powell at the summit on bitcoin, breaking through 100,000, just shy of $102,000 per coin. joining me is mark cudmore. the naysayers have been sidelined. what undoes the story? mark: i don't see any reason to be bearish or extra bullish. i think it's hard to have a short-term call. pro bitcoin projects will encourage more institutions to get involved, this does not have stable equilibrium, it is constructed to swing. it might go to 150, then fall back and then rebound again. the way it is constructed it cannot have equilibrium so the gambling incentive encourages whales to cash out. phone: constructed for swings, we will look to see if the whales cash out. on the bed more to do with sec pick, we heard from jay powell say offi

so i think if you look at a company like apple, or micron, i think this is still a great opportunityou are breaking it down by ones that you vieh with lower valuations and expectations to reality is. >> and google is another one i would mention. that is part of our investing philosophy. finding the transforming companies but have an eye for transformation. and i mentioned google there. >> is that a quantum story or an a.i. story. >> google is going to have a great run because investors will understand they made significant progress in gemini, exceeding what happened with what open a.i. has shown. that is a remarkable turnaround after this cover-up job that google did a year ago around multi-modal models ahead of open a.i. but i want to mention one thing about google. i think the google conversation will continue to move higher. i think the search numbers will be good over the next couple of quarters but there is a seismic change in terms of how people are using -- chatgpt, they don't give a daily active user number. they give about a monthly. the daily users are only 150 million. tha

most importantly microns award is now locked in.ed sealed and ready to deliver to central new york upstate new york and to america. microns chips award is more than just a once in a generation destination upstate new york it's an investment that will multiple generations create over 50,000 jobs and spur historic amounts of private investment in the region. and the chips micron will make essential for america's future that critical for national security, for ai, our smartphones our cars and our computers and so much else in the benefits go beyond new york. this award is fueling expansion of micron in idaho and today the commerce department has struck yet another deal with micron to expand their virginia facility. so micron is investing and expanding from coast to coast prep this is just the latest good news showing the chip production is expanding in america from new hampshire and new york to arizona and two ohio. that's what chips and science is all about making sure america harnesses all of our potential in chip manufacturing. when

stuart: micron. they're down again today. they had a bad day yesterday.top of the 16% drop yesterday after they said, surprise, we have a weak sales outlook because there's been a major slowdown in what they traditionally do. chips for pcs and smartphones. i think the question for investors today is, was that a blip, or is micron a bellwether for a larger slowdown that includes artificial intelligence where micron is still doing well, but the old tech part of hair business is struggling? -- their business is struggling. stuart: this is a big story. novo nordisk, king of the weight loss people, down 19%. why? lauren: a late stage trial of another obesity drug given once a week to patients helped hem lose 22.7% of their body weight. that's great. but n if ovo wanted 25%. they want to supercharge weight loss. so that a missed the expectation, telling investors that, hey, this drug is likely not the next blockbuster, so you can see the stock is down 20% on that news. so if you're taking eli lilly's zepbound. you'll lose 22%. novo's wegovy, 17%. so when novo s

now, micron, commodity chipmaker, anyone who knows sung-jae knows that he s a cautious industrialist who never wants to let anyone down. maybe that is why i like him so much. he never encourages you to get ahead of a stock but he has tried to rein me in on occasion. but first, if the a.i. data business would be stellar and second, the a.i. pc business would be strong and need a lot of chips. unfortunately, the latter didn't come true. it's wrong. the aic has turned into a bit of a bust because there is excess chip inventory in the system. sung-jae tried to make a prediction and failed to meet it. very disappointing. so traders skedaddled, stock fell 60%. from the looks of things there were a lot of traders in micron and they don't want anything to do with it because they don't know what it does. stocks now to reset level but much lower. contrast that with more technology which has similar exposure to a.i. and personal conspirators. neither were predicting good things for the personal computer or cell phone businesses, at best they were willing to predict a gradual recovery in the mar

very difficult to find out about how many info, microns on fixed are we in fact, every day, the world wide web feel free to come all the world. we can take the different w call, the world unpack pulse of your info is in all the input u, v w story. now on to the the, [000:00:00;00] the .

and one great timing question is very, very difficult to find out about how many info microns stays innovation green the green revolution global. so listen to a whole lot of crime. it's probably up to speed if the carriers by the time is helping subscribe to those channels to subscribe to plan, it's a, the june 2020 full the mains european football championship in germany. the nation is vastly split, politically and socially. the far right is growing in popularity, so the national football teams used to unite the country. but now fall royd functions or criticizing the germany side for being too well. here's a bunch of, it's kind of up to 9 months of matthew fitness. all the sign is this, the vague both disconnect between i'm so the team is been of having germany's men crashed out and the group sized at the last 2 will count it so on the tipping points barely has a football tournaments. and so it's been difficult and rarely have the gym and national team been so under pressure. the americans came in today, most of the is it and what's nice about them with a bunch of thoughts? i'm in the sense t

find out about regina's story info microns. why do, how many does not get drunk? why do go to tasteful waves, squeeze all bodies. how much do we need a day to stop fun cream for help? find the on fis gets much on d, w science out, take 10 of the june 2020 full the mains, european football championship in germany. the nation is badly split, politically and socially. the far right is growing in popularity. so the national football teams used to unite the country, but now fall royd functions are criticizing the germany side for being to one use a bunch of it's kind of up to 9 months of matthew fitness. all the sign is this. the big board disconnect between times when the team has been a parents, germany's men crushed out and the group sized at the last 2 will count it so on the tipping point barely has a football tournaments. and so it's been difficult and rarely have the gym and national team been so under pressure. the americans came in today, most of the is it. and what's nice about them with a bunch of thoughts? i'm in the sense this is the story of how gemini ci

but on hearing of microns new choice to had his cabinet, these people on the streets were not convinced by his appointment will break the political deadlock in front of him. did you have him to have him on the honestly, it's really nothing. when you said, if you're the city over here now, it really seems like it's the old name is being brought back. it's super disappointing because we really expected something different from the president to rather than putting a series of old men at the head of the french government. so yes, it's a big disappointment. so we can go to the steps when i switch the let's hope that we can get a government. that last thing can respond to the expectation of the french people with perhaps a little more serenity. i think would be a good thing. people for francis constitution fans fresh elections within one year, and michael has about to serve his full to him, which ends in 2027. front still needs to pass a budget for 2075, little more than 2 weeks away. there's little chance of a peaceful christmas for french politicians and french people that lodge on to break

great year for some chipmakers, and when we talk about micron, what type of exposure we talking about moment, people expect the quarter to have up asp's in the 5% range and i think going forward, they may be flat to down. and you probably will not see a recovery until the back half of 2025 because there will be a little push out for smartphones at the moment. jonathan: what is it about the back end of 2025 where you get a better tailwind? anna: there will be replacement cycle. jonathan: across smartphones. anna: smartphones, pcs. you are not seen 100% adoption by the consumer of ai. i think best buy has hired several thousands to help train consumers on the ai pcs, but there are no major up takes for the this reason as far as i'm hearing, so there may be an uptick for enterprise and consumer. lisa: people have tried to pick the next nvidia annexed big winner, and the fact that we have seen some real massive winners. broadcom seems to be the latest superstar where we have seen a moonshot in shares with them falling behind tesla with the magnificent eight. what gives you confidence that

micron high bandwidth, commercial, we'll get hat. that's directly against micron which i think is ill-advised. it's shocking because he was doing -- right now, last week, doing plans. he certainly did not see this coming. >> he tweeted yesterday saying, i will give thanks with my whole heart, which now in retrospect seems prescient. >> religious man. >> he was clearly -- this was not part of the plan. what about the stock now? you said you had been warming up to it a bit, which wasn't the worst call, by the way. you've been negative. i do criticize you often. you have been dead right on this. >> called it questionable. questionable re. >> they got passed by and still, by the way, pat gelsinger, had a way to believe the power of chips would keep doubling and doubling. jensen huang, ceo of nvidia. pat was insisting it was very much alive and i just think it has to be -- it's important that people get more realistic at intel about gordon moore's legacy. that was a great view but has been passed by what jensen did. they couldn't keep up

abigail: micron shares are plunging, down 17%.he outlook on the massive missed by the current quarter. second quarter and the fiscal year, talking about sales of 7.9 billion dollars. they also lowered the eps range but the sales number, 1.1 billion dollars less than anticipated. hard to think about a comforting that -- company having that big of a guy down. not only with ai related components but pcs and smart phones, they sell the memory for those devices and machines, not doing so well. turning to the shares of fedex, could be a big mover tomorrow. right now up half a percent. not a huge move. analysts are positive about the recorder to be reported, they think result will be good. we'll also provide some tells around the holiday. lots of investors and analysts wanting to know about their strategic review of the freight segment. we may have the information after the bell. rounding out, darden shares, record high. the best rally going back to november 2020. great quarter, outlook good. apparently their businesses have stabilized,