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AMD CEO Lisa Su goes one-on-one with Jim Cramer
  + stars: | 2024-09-18 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD CEO Lisa Su goes one-on-one with Jim CramerAMD CEO Lisa Su joins 'Mad Money' host Jim Cramer to talk the latest tech advancements, competition in the space, the state of AI and more.
Persons: Lisa Su, Jim Cramer
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech trends are meant to play out over years, we're still learning with AI, says AMD CEO Lisa SuAMD CEO Lisa Su joins 'Mad Money' host Jim Cramer to talk the latest tech advancements, competition in the space, the state of AI and more.
Persons: we're, Lisa Su, Jim Cramer
The Fed was widely expected to lower short-term interest rates, but the 25 basis points versus 50 debate raged right up until the announcement. Mortgage rates: We talked last week during our September Monthly Meeting about how housing activity can start to pick up when mortgage rates fall off their cycle highs to somewhere in the range between 5% and 6.5%. However, what the data shows is how sensitive activity is to every dip in mortgage rates. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jerome Powell, Stanley Black, Decker, Mortgage Banks, Jim Cramer's, Lisa Su, Oliver Garden, Jim Organizations: CNBC, ., Federal Reserve, Stanley, Mortgage, Micro, LongHorn, Darden, Jim Cramer's Charitable
Read previewCovering aircraft with tires, as Russia has done during the Ukraine war, can confuse weapons that are looking for the plane, a US military official said recently. Multiple Russian military aircraft, including fighter jets and bombers, were spotted last year with tires placed on top of them. While some observers suggested they might be meant to confuse image-matching weapons, others said they might be intended as shields. Russia has turned to several different deceptive practices during the war beyond placing tires on its aircraft. And Russia and Ukraine have both relied on decoy military equipment, such as inflatable tanks, wooden rocket launchers, and fake radar reflectors, among other weapons.
Persons: , Schuyler Moore, " Moore, Brace, Moore's, Moore Organizations: Service, Business, US Central Command, Center for Strategic, International Studies, Russia, Kyiv, Russian Air Force, CSIS Locations: Russia, Ukraine, Russian, Moscow
The S & P 500 rebounded 4% this past week, almost clawing back all of the prior week's horrible decline. Fed watch The Fed is the big market event this week. ET: Fed rate decision Before the bell: General Mills (GIS) After the bell: Steelcase (SCS) Thursday, Sept. 19 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Jensen Huang's, Goldman Sachs, Jim, Huang, Lisa Su, Su, Vimal Kapur, Morgan, Brian Niccol, Wells, Morgan Stanley, Jerome Powell, They're, Lennar, Doug Yearley, Mills, LEN, Jim Cramer's, Spencer Platt Organizations: Federal, Dow, Nasdaq, Nvidia, Club, Technology, CNBC, Oracle, Devices, TAM, Apple, Honeywell, Starbucks, Barclays Global Financial Services, Fed, FedEx, homebuilder, Home Depot, Darden, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Las Vegas, U.S, America, Horton, New York City
The company may have maintained its full-year revenue outlook, but that was taken as good enough after last quarter's debacle. Management also provided a better-than-expected sales, earnings, and recurring revenue outlook. The Good Abbott Laboratories : Sales, earnings and organic growth all exceeded analyst estimates. Broadcom : Sales and earnings outpaced expectations , driven by strong sales of its AI products and VMware software. Alphabet : Delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space.
Persons: we've, Lisa Su, , Eli Lilly, Zepbound, Stanley Black, Stanley, Morgan Stanley, Procter, Jim Cramer's, Jim Cramer, Jim, Steve Marcus Organizations: Costco, DuPont, Club, Management, Nvidia, Palo Alto Networks, Good Abbott Laboratories, Broadcom, VMware, Wealth Management, Investment Management, Microsoft, Constellation Brands, TJX, Amazon Web Services, Coterra Energy, GE Healthcare, Honeywell, Gamble, Jim Cramer's Charitable, CNBC, AMD Locations: China, Covid, Dover, Eaton, Palo, North America, GEHC, Wells Fargo, Las Vegas , Nevada, U.S
American Airlines flight attendants approved a five-year labor deal, ending one of the industry's most contentious contract negotiations and giving cabin crews raises of up to 20.5% at the start of October. Eighty-seven percent of the American Airlines flight attendants who voted approved the contract, the union said Thursday, shortly after polls closed. Flight attendants are the biggest unionized work group at the Fort Worth-based airline. "Reaching an agreement for our flight attendants has been a top priority, and today, we celebrate achieving this important milestone," American CEO Robert Isom said in a statement. United Airlines and its flight attendants' union are still negotiating for a new contract, while Alaska Airlines cabin crew members recently rejected a tentative labor deal.
Persons: Julie Hedrick, Pete Buttigieg, Julie Su, Robert Isom Organizations: Association of Professional, Fort Worth International, American Airlines, Fort, Transportation, Labor, National, United Airlines, Alaska Airlines, Boeing Locations: Dallas, DFW, Dallas , Texas, Fort Worth, Hollywood
Read previewUkraine's Defense Intelligence says its forces have shot down a Russian fighter jet over the Black Sea, sharing a video of the apparent strike. According to the post, Russian forces lost contact with the aircraft around 5 a.m. local time and launched a search and rescue operation about three hours later. It said a telltale streak of jet fuel was found on the water, as well as parts of the plane's wreckage. Advertisement-1 russian Su-30SM jet 🔥Warriors of the @DI_Ukraine special unit destroyed a russian Su-30SM combat aircraft with MANPADS over the Black Sea. pic.twitter.com/yaKnzWXyYF — Defense of Ukraine (@DefenceU) September 12, 2024The pro-Ukrainian Telegram channel Crimean Wind, which monitors developments on the peninsula, also posted about a missing Russian Su-30 jet, citing an unnamed Ukrainian army source.
Persons: , Russian Sukhoi Su, ince, cale Organizations: Service, Intelligence, Business, Naval Aviation Regiment Locations: Russian, Ukrainian, Cape Tarkhankut, Crimea, Saki
They comprise what's called a "Blue Zone," an area of the world where people tend to live exceptionally long lives. Longevity researcher Dr. Giovanni Mario Pes and his colleagues discovered that happy, productive centenarians were not outliers in this part of Sardinia. Here are some practices that may be linked to their exceptional longevity — and may help the rest of us live longer, healthier lives. Sardinians 'eat fresh, home-cooked meals'You won't find most elders in this Blue Zone chomping on a fast-food hamburger with one hand on a steering wheel. There are no additives or preservatives when they make their own pasta or bread, like pistoccu bread or su coccoi sourdough bread.
Persons: I've, Giovanni Mario Pes Organizations: Pes, Research Locations: Sardinia, Seulo
Edgar Su | ReutersBEIJING — European businesses in China have grown so discouraged with the outlook for operating in the country that Beijing must act if the companies are to invest further, according to the EU Chamber of Commerce in China. "We do believe actually that we are in sort of a tipping point situation. Foreign direct investment into China fell by 29.6% during the January to July period versus a year ago, according to China's Ministry of Commerce. Such changes are part of Beijing's pledges to reduce what it calls the negative list, a collection of industries off-limits to foreign businesses in the country. However, Eskelund said such developments, while encouraging, did not move the needle enough for European businesses, especially when members' optimism on profitability in China for the next two years is at an all-time low.
Persons: Edgar Su, Jens Eskelund, Eskelund Organizations: of, Initiative, Reuters, EU Chamber of Commerce, China's Ministry of Commerce Locations: Beijing, China, Reuters BEIJING, Growth
Ukrainian F-16s are seen in the air in an undisclosed location in Ukraine. AdvertisementDays later, Ukraine acknowledged one of its F-16s crashed, killing its pilot, while battling Russian missiles during the attack. Related storiesHundreds attend a farewell ceremony for Ukrainian F-16 pilot Oleksiy Mest in Shepetivka on August 29, 2024. These include both Western and Soviet-era ground-based air-defense systems and fighter aircraft like the F-16. A Ukrainian Air Force F-16 flies in an undisclosed location in Ukraine, which waited years for the American-made fighter jets.
Persons: , Vincent Aiello, Oleksandr Syrskyi, Oleksiy, Mike Torrealday, Torrealday, it's, they're, " Aiello, You've Organizations: Service, Ukraine, NATO, Business, REUTERS, Ukraine's, Libkos, US Air Force, Ukrainian Air Force, AP Locations: Ukraine, Kyiv, Russia, Russian, Ukrainian, Shepetivka
Its next-generation Blackwell chip faces delays, raising questions about supply-chain impacts. As Nvidia prepares to report its second-quarter earnings on Wednesday, some of those questions are still relevant, while some have faded away. Efforts by other companies to build competitive AI chips haven't reached more than a simmer, and the rollout of Nvidia's next-generation Blackwell chip is said to be delayed. The analysts also wrote that revenue from existing products, specifically the H200 and H20 AI chips, could offset any delayed revenue from the Blackwell chip. AdvertisementNvidia's chips are still a must for the most complex AI-computing jobs, as Amazon still purchases chips from Nvidia.
Persons: Blackwell, , Nvidia's, ChatGPT, China . Blackwell, weren't, Dylan Patel, Morgan Stanley, Dan Morgan, Meta, Mark Zuckerberg, we're, Zuckerberg, Lisa Su, Synovus, Morgan, Jensen Huang Organizations: Nvidia, Service, North Star, Google, Microsoft, JPMorgan, Amazon, AMD, Reuters Locations: China, Synovus
Russia has increasingly fired glide bombs at Ukrainian territory in its invasion of the country. AdvertisementBut Russia has not been using the bombs at the same scale against Ukrainian forces that crossed the border into Russia earlier this month. Russia used 750 glide bombs on Ukrainian cities and villages last week alone, according to Ukrainian President Volodymyr Zelenskyy Sunday. It's also fewer than the 50 glide bombs Russia has reportedly been firing daily into Ukraine's Sumy region, which neighbors Kursk. But these were relatively isolated incidents rather than something that was happening as a result of a new strategy, such as using glide bombs in Kursk.
Persons: , Mark Cancian, Russia hasn't, that's, Cancian, REUTERS Cancian, Volodymyr Zelenskyy, It's, Scott Peterson, Rajan Menon, Columbia University's, George Barros, Barros, Zelenskyy, it's Organizations: Service, Ukrainian, Business, Russian Defense Ministry Press, Marine, Center for Strategic, International Studies, NATO, 95th Air Assault Brigade, REUTERS, Columbia, Columbia University's Saltzman Institute of War, Peace Studies, Russian Ministry of Defence, Russian Ministry of Defense Locations: Russia, Russian, Kursk, Ukrainian, Malaya Loknya, Russia's Kursk Region, Ukraine, Ukraine's Sumy, Petropavlivka
Read previewUkrainian forces used long-range drones to attack a key Russian airbase overnight, destroying warehouses that stored fuel, ammunition, and highly destructive glide bombs. It appeared to mark Ukraine's latest long-range strike on an important military installation inside Russia. To work around these restrictions, Kyiv has relied heavily on locally produced, long-range attack drones to wage a monthslong campaign targeting Moscow's military and energy facilities. AdvertisementGlide bombs are dumb bombs that are equipped with special kits to turn them into precision-guided munitions. Ukrainian President Volodymyr Zelenskyy said on Sunday that Russia used more than 750 glide bombs in a single week earlier this month.
Persons: , 8SgIMVpQ1f, mXqoVmxVVC, Yaroslav Trofimov, Volodymyr Zelenskyy Organizations: Service, Security Service, Ukraine, Business, Special Operations Forces, Russian Air Force, BI, Ministry of Defense, Russia Locations: Russia's Volgograd, Russia, Volgograd, Ukraine, Russian, Marinovka
Ukraine's invasion of the province of Kursk last week took Russia by surprise. Analysts told Business Insider that one of Ukraine's core aims in the operation is to divert Russian troops from the front line in Ukraine. Related storiesIt said that Russia could be diverting troops from units in Donetsk intended to relieve or reinforce front-line units. BI has been unable to confirm reports of the redeployments, and it is unknown exactly how many Russian troops may have been diverted to fight Ukraine's Kursk incursion. AdvertisementFor months, Ukraine's forces have been losing ground to Russia in a grinding war of attrition.
Persons: , Dmytro Lykhoviy, Lykhoviy, Ukraine's, Volodymyr Zelesnkyy Organizations: Service, Business, POLITICO, BI Locations: Russia, Ukraine, Kursk, Zaporizhzhia, Kherson, Ukraine's, Ukrainian, US, Russian, Donetsk, Kharkiv Oblast, Kursk Oblast, Baltic, Kaliningrad, Ukraine's Kursk
Ukraine downed a Russian Su-34 fighter jet over Kursk amid an ongoing territorial push. The Su-34, worth around $36 million, is Russia's most efficient fighter bomber with advanced tech. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Business Insider could not independently verify the video. This story is available exclusively to Business Insider subscribers.
Persons: Su, Organizations: Service, Defense, Staff, Newsweek, Business Locations: Ukraine, Russian, Kursk
“I think we can all relate to this,” White House domestic policy advisor Neera Tanden told reporters Friday. Dubbed the “Time is Money” initiative, the actions will make it easier for consumers to cancel subscriptions, get refunds, submit health care and insurance forms online, and access high-quality customer service. Another existing effort cited by the White House is a June 2023 FTC proposal to target companies that use deceptive customer feedback practices, like fake reviews. None of the actions that make up the “Time is Money” initiative will require congressional approval, a senior administration official said. The White House has pursued aggressive antitrust regulations and taken a highly skeptical approach to crypto currencies, both of which have rankled Wall Street.
Persons: Neera Tanden, , Biden, Kamala Harris, Broad, Harris, ” Tanden, policyholders, Xavier Becerra, Julie Su, Organizations: Biden, House, Democratic, Consumer Financial Protection Bureau, Federal Communications Commission, Federal Trade, FTC, of Health, Human Services, of Labor, Department of Transportation, Republicans, Representatives, White House
U.S. President Joe Biden attends a press conference during NATO's 75th anniversary summit, in Washington, U.S., July 11, 2024. "I think we can all relate to this," White House domestic policy advisor Neera Tanden told reporters Friday. Democratic presidential nominee and Vice President Kamala Harris is preparing to unveil her presidential campaign's first economic policy plans this week. "The CFPB will identify when the use of automated chatbots or automated artificial intelligence voice recordings is unlawful, including in situations in which customers believe they are speaking with a human being," according to a White House fact sheet. The initiative also calls on health insurance companies to allow policyholders to submit claims online.
Persons: Joe Biden, Leah Millis, Neera Tanden, Biden, Kamala Harris, Broad, Harris, Craig Hudson, Tanden, policyholders, Xavier Becerra, Julie Su Organizations: NATO's, Biden, House, Democratic, U.S, Las Vegas Aces, White, Reuters, Consumer Financial Protection Bureau, Federal Communications Commission, Federal Trade, FTC, of Health, Human Services, of Labor Locations: Washington , U.S
Two federal district courts in Texas issued a national "stay" of the regulation, in separate rulings in July. The rule will "create a level playing field" for all trusted investment professionals, according to a Labor Department spokesperson. "The insurance industry can continue to advise investors and sell annuities, without giving advice that is imprudent, disloyal, or tainted by misrepresentations or overcharges," the spokesperson said. Current retirement rollover advice rules stay in effectIn the meantime, the current status quo remains in effect, attorneys said. Current rules let brokers give investment advice that earns them a higher commission but isn't in savers' best interests, the Labor Department said during the rulemaking process.
Persons: Julie Su, Chip Somodevilla, Fred Reish, Drinker Biddle, didn't Organizations: Getty, U.S, Northern, Northern District of, American, of, United States Department of Labor, Americans, Consumer Choice, Department of Labor, Labor Department, Department of Justice, Biden, National Association of Insurance, Financial Advisors, National Association Locations: Texas, Northern District, Northern District of Texas, ACLI, NAIFA, Dallas, Fort Worth
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At Paris 2024, Taiwan’s red and blue flag is banned, as is the name “Taiwan” and its anthem. Security staff confiscated a "Taiwan" towel from a fan during the men's doubles badminton semi-final last week. Taiwan is a self-governing democracy that competes as “Chinese Taipei,” an attempt to participate in the Olympics without angering mainland China. That included the women’s team table tennis quarterfinal between Chinese Taipei and China that NBC News attended Wednesday. “Taiwan Independence, go to die.”“Motherland will retake Taiwan tomorrow, okay?” said another, referring to China.
Persons: Taiwan’s Lee Yang, Wang Chi, Liang Weikeng, Wang Chang, “ Let’s, Arun Sankar, Taiwan ”, Taiwan’s Chou Tien Chen, India’s Lakshya Sen, , Ann Wang, , Xi Jinping, Aytac Unal, Mark Adams, Mao Zedong’s, China’s Wang Manyu, Chien Tung, chuan, Wang Zhao, Chiang, Yu Tsing Lin, Chen Szu, Lee Yang Organizations: PARIS, Security, Getty, Taiwanese Ministry of Foreign Affairs, Olympics, Chinese Foreign Ministry, Games, Olympic, Chinese Communist Party, International Olympic Committee, NBC News, IOC, Anadolu, Nationalist, Mao Zedong’s Communists, Taiwan, Paris Games, Taipei women’s, Weibo, Taipei House Locations: Taiwan, Beijing, Russia, Belarus, Ukraine, Tokyo, Paris, China, Taipei, U.S, Republic of China, Formosa, AFP, London, Taiwan Independence
While the news grabbed headlines, it was not the first time that Ukraine has reportedly targeted sites deep within Russia. AdvertisementUkraine does not currently have permission to use long-range guided weapons such as the ATACMS to hit such targets inside Russia. While striking targets so far from the frontline may be seen as Ukraine spreading itself rather thinly, such attacks have three key benefits, experts told BI. "Russia has already adapted its air defense posture following previous drone strikes and reportedly has stood up mobile counter-UAS [unmanned aircraft system] teams. Russia's S-400 is one of its most advanced air defense systems.
Persons: , Mark Cancian, Cancian, Justin Bronk, Moscow's pocketbook, John Hardie, Hardie, hasn't, Bronk Organizations: Service, Business, Ukraine's Security Service, International Security, Centre, Strategic, International Studies, Stringer, Anadolu Agency, Getty, Ukraine, Royal United Services Institute, Russia, Foundation for Defense of Democracies, Bloomberg, Reuters Locations: Ukraine, Russian, Murmansk, Russia, Astrakhan, Bashkortostan, Moscow
Ukrainian drones struck a key military airfield in Russia's Lipetsk region, forcing authorities to declare a state of emergency in another Russian region this week in the face of Kyiv's ongoing cross-border offensive. All are receiving the necessary assistance," Artamonov said in a later Google-translated Telegram update, without detailing the state of those who had suffered injuries. Kursk was still reporting missile danger alerts as of Friday, according to Google-translated Telegram updates from regional Governor Alexei Smirnov, who said the local situation remained "difficult." Moscow has continued its own advances, with a Russian missile hitting a supermarket in the town of Kostiantynivka in the front-line Ukrainian region of Donetsk on Friday. At least 10 people were killed and 35 others were injured as a result, according to Minister of Internal Affairs Ihor Klymenko in a Google-translated Telegram update.
Persons: Ukraine —, Su, Igor Artamonov, Artamonov, Alexei Smirnov, Ihor Organizations: Ukraine's, Staff, Command, Lipetsk, CNBC, Google, Internal Locations: Russian, Kostyantynivka, Donetsk, Ukrainian, Russia's Lipetsk, Lipetsk —, Ukraine, Lipetsk, Kursk, Belgorod, Kyiv, Moscow, Kostiantynivka
PARIS — Lighting the Olympic cauldron symbolically opened these Games — and, as much as possible, might have also taken a torch to some awful pandemic memories. The past two Games were staged in bubbles in and around Beijing and Tokyo as Covid was still a factor. And while some athletes have tested positive for Covid during the Paris Games, they have not upended competition. (NBC News is a division of NBCUniversal, which owns the U.S. media rights to the Olympic Games through 2032.) French fans have been wildly cheering for their athletes and team throughout these Games — so much so, that even Americans have taken notice.
Persons: we’ve, , Covid, Thomas Samson, , Keylle Fabrino, “ It’s, Selma Attie, ” Mark Lazarus, Katie Ledecky, they’ve, Léon Marchand, ” Ledecky Organizations: PARIS, Paris Games, Getty, Brasil, NBC, Olympic Games, NBC Universal Media Group, Los Angeles, Paris La Défense, U.S Locations: Taiwanese, London, Beijing, Tokyo, Paris, Brazil, France, NBCUniversal, Los Angeles, Inglewood
Read previewUkraine on Monday said it destroyed a Russian warplane capable of launching devastating glide bombs in long-range strikes on an airbase over the weekend. AdvertisementUkraine's military intelligence agency published a satellite image showing what it says is a destroyed Russian Su-34 aircraft. Glide bombs are equipped with special kits that convert dumb bombs into precision-guided munitions. The glide bombs are almost impossible to intercept because they have small radar signatures, travel on non-ballistic trajectories, and have fairly short flight times. Ukraine's military intelligence agency published a satellite image showing what it says are damaged Russian Su-34 aircraft.
Persons: , HUR, Russia's Su, Russian Su, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, Business, Ukrainian, Directorate of Intelligence, Army Tactical Missile Systems Locations: Ukraine, Kyiv, Russian, Ukrainian
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