NVDA & AMD Paying China Chip Revenue to U.S., MU Raises Guidance, INTC CEO to D.C.

Many investors were surprised to wake up Monday morning and see headlines that the Trump administration is making Nvidia (NVDA) and AMD Inc. (AMD) pay 15% of their Chinese chip revenue to the U.S. government. Jenny Horne talks about the unusual development and how it serves as a leg to the "big, beautiful bill." She later touches on Micron's (MU) guidance raise and the rally it initiated for the stock. Sticking with the A.I. trade, Intel (INTC) CEO Lip-Bu Tan will head to Washington D.C. after President Trump called for Tan to resign from the company a week earlier.

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