Nvidia Reports! And Berkshire Hits $1T 08/29/24

Nvidia reported surging demand for its chips, but after much anticipation around the company’s Q2 report, Wall Street was unimpressed. Semiconductors are part of America’s strategy for tech dominance; the White House’s former CHIPS Coordinator Ronnie Chatterji explains the players in the global chips game. OpenAI is eyeing a funding raise to bring its valuation to $100 billion, and Berkshire Hathaway is now in the $1 trillion club. Plus, CNBC’s Emily Wilkins is on the ground in Virginia, where federal employees are concerned about former President Trump’s proposal to move the workforce away from the DC-metro area. Ronnie Chatterji 17:25 Emily Wilkins 25:39 In this episode: Becky Quick, @BeckyQuick Mike Santoli, @michaelsantoli Robert Frank, @robtfrank Katie Kramer, @Kramer_Katie