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Chips and the White House: From Nvidia and AMD to Intel's CEO and Pres. Trump 8/11/25

Squawk on the Street

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Intro

This chapter provides an analysis of the trading market's stable pre-market conditions near record highs and discusses essential updates from major chip makers Nvidia and AMD regarding AI chip sales revenue contributions to the U.S. government. It also touches on the political landscape with the Intel CEO's forthcoming visit to the White House amid calls for his resignation, set against the backdrop of an approaching week of critical inflation data.

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