Squawk on the Street

AI Boosts Nvidia's Blowout Quarter, Powell One Day Away, T-Mobile US To Cut 5,000 Jobs. 8/24/23

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Show notes

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about 

Nvidia: Shares surged to a record high on the company's blowout quarter and raised guidance due 

strong demand for AI chips. The future for interest rates also in the spotlight, as investors brace for

Fed Chair Jerome Powell's Jackson Hole speech on Friday. Also in focus: T-Mobile US plans to lay

off 5,000 employees, supplier defect weighs on Boeing, Dollar Tree's turn to experience retail pain,

Snowflake's earnings beat.

 

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