Squawk on the Street

CNBC's Squawk on the Street, 9a to 12 pm ET. Hosted by @CarlQuintanilla @SaraEisen @DavidFaber and @jimcramer

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[Squawk on the Street @SquawkStreet]

"I know everybody's worried, but at the same time, the only thing we're still seeing right now is compute demand exploding to the upside."

@AB_insights senior analyst @Srasgon isn't sweating the recent underperformance in chip stocks:
https://t.co/2kE35jQvAK

[Squawk on the Street @SquawkStreet]

"To bet against Elon has not been a smart move over the years, so from my perspective, it's a speculative bet based on what you believe is possible."

Fmr. Nasdaq CEO Bob Greifeld shares his take on $SPCX:
https://t.co/xdJ7q3KIul

[Squawk on the Street @SquawkStreet]

"It seems pretty likely that the mega-cap capex story is still not near a peak."

John Belton, @InvestGabelli growth portfolio manager, delivers his outlook for tech and why he thinks hyperscalers look "well positioned" here:
https://t.co/TbVWjgygqf

[Squawk on the Street @SquawkStreet]

"The affordability on the housing side will continue to be a major challenge."

@MMREIS CEO Hessam Nadji discusses how homebuyers are navigating higher interest rates:
https://t.co/LkWkJnpwfr

[Squawk on the Street @SquawkStreet]

"We're doubling the physical production space and quadrupling the wafer output."

@CoherentCorp CEO Jim Anderson outlines how the company plans to deploy up to $50M in CHIPS Act funding:
https://t.co/Lzka6ZYT6i

[Squawk on the Street @SquawkStreet]

"There's going to be these periods of AI fatigue, uncertainties, concerns, but I think the overall trend is we need these technologies."

Why @yardeni thinks the market still looks "very solid" from an earnings perspective:
https://t.co/vj7fVEm9GQ

[Squawk on the Street @SquawkStreet]

"What this deal provides is a...$30B incremental market expansion."

@onsemi CEO Hassane El-Khoury explains the company's push into "physical AI" after announcing plans to acquire $SYNA for $7B:
https://t.co/SJN120BftX

[Squawk on the Street @SquawkStreet]

"Now we're getting really closer to that succession date."

Erika Najarian, @UBS large-cap bank analyst, on who could eventually replace $JPM CEO Jamie Dimon after one potential option announced her retirement today:
https://t.co/doLXV2PMOK

[Squawk on the Street @SquawkStreet]

"This is the biggest upgrade cycle they've had in five years."

@gilluria, @DADavidsonCo head of tech research, discusses what's at stake for $AAPL as the company raises prices on iPads and MacBooks due to surging memory and storage costs:
https://t.co/vpJoYTnwho

[Squawk on the Street @SquawkStreet]

"When it comes to products, it's very likely that demand rebounds faster than supply."

Samantha Dart, @GoldmanSachs global commodities research co-head, explains why she's cutting her oil price forecast for Q4:
https://t.co/LfGXwYA5Xe

[Squawk on the Street @SquawkStreet]

"I think what you should expect is some fragility and volatility."

@UBS Alignment Partners managing director Alli McCartney outlines the competing narratives she's seeing in the market:
https://t.co/RYZkJZsJqE

[Squawk on the Street @SquawkStreet]

"This is the world's greatest gathering of nuclear energy expertise."

@ENERGY @SecretaryWright joins for an exclusive interview as the U.S. switches on a new nuclear reactor for the first time in 50 years:
https://t.co/4e1jAfnplg

[Squawk on the Street @SquawkStreet]

"What we saw with $MU's print last night is a proof point in the rerating story for the memory sector."

@roundhill CEO @MazzaDave oversees the fast-growing $DRAM ETF and joins with his latest outlook:
https://t.co/YEjyheZem2

[Squawk on the Street @SquawkStreet]

"I think on the top line that 4% plus is probably the peak. I do think it's a long road back to the Fed's target, though."

@Markzandi gives his outlook for inflation after PCE in May hit its highest level since 2023:
https://t.co/5LEJG55eg7

[Squawk on the Street @SquawkStreet]

"I can't call the top of the memory cycle, so at least be sector weight. Like, why let this hurt you or help you if you're only long against the index?"

After $MU earnings, Trivariate's @Adam_Parker_Tri argues for having exposure to memory stocks:
https://t.co/PwRaswDrKn

[Squawk on the Street @SquawkStreet]

"There's a little bit of a gross margin hit over the next couple of quarters, but we're going to grow out of that."

Early $CBRS investor @vassallo shares takeaways from the company's first public results:
https://t.co/g2qfkjNwWx

[Squawk on the Street @SquawkStreet]

"This is a real performance improvement."

@OpenAI President @gdb and @Broadcom CEO Hock Tan join for an exclusive interview as they unveil their first-ever joint custom chip:
https://t.co/5vEhOmYOUM

[Squawk on the Street @SquawkStreet]

"It's because he really doesn't care about American families."

@SenWarren reacts after President Trump cancelled plans to sign a landmark bipartisan housing bill, demanding provisions for voter ID:
https://t.co/UdeqtYbZCa

[Squawk on the Street @SquawkStreet]

"The need for housing and broader supply of affordable housing really has to happen at the state and local level."

@TriPointeHomes CEO Doug Bauer shares his outlook after new home sales fell unexpectedly in May:
https://t.co/Sma5SWB9j4

[Squawk on the Street @SquawkStreet]

"There is an enormous demand for compute."

@cerebras Co-Founder and CEO @andrewdfeldman takes us through the company's first public results and guidance:
https://t.co/RuZkFGwGLC