First Squawk
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AMD SAID IT EXPECTS ANNUAL REVENUE TO GROW MORE THAN 35% OVER THE NEXT THREE TO FIVE YEARS, DRIVEN BY SURGING DEMAND FOR ITS AI DATA CENTER CHIPS, WITH AI-RELATED REVENUE PROJECTED TO RISE 80% ANNUALLY. || CEO LISA SU SAID THE TOTAL AI CHIP MARKET COULD REACH $1 TRILLION BY 2030, AS MAJOR DATA CENTER OPERATORS ACCELERATE SPENDING AND SEE LASTING BUSINESS VALUE FROM ARTIFICIAL INTELLIGENCE.
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U.S. HOUSE PETITION TO FORCE VOTE ON RELEASE OF EPSTEIN FILES REACHES 218 SIGNATURES, ENABLING ACTION TO MOVE FORWARD
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US CENTCOM: FORCES CONDUCTED OVER 22 JOINT OPERATIONS WITH PARTNERS AGAINST ISLAMIC STATE IN SYRIA
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US PURCHASES OIL FROM TRAFIGURA AND ENERGY TRANSFER TO REPLENISH STRATEGIC PETROLEUM RESERVE
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NVIDIA SAYS IT IS NOT MAKING ANY FINANCIAL INVESTMENT IN MEXICO’S NUEVO LEON STATE — STATEMENT
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FBI DIRECTOR: CHINA AGREED ON PLAN TO HALT FENTANYL PRECURSORS, WILL PLACE SEVEN CHEMICAL SUBSIDIARIES UNDER CONTROL
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RIVIAN EXEC: WINTER TESTING FOR JV VEHICLES WITH VOLKSWAGEN TO BEGIN BY YEAR-END AND CONTINUE THROUGH Q1 2026
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WHITE HOUSE: US NOT INTERESTED IN BUILDING OR BEING INVOLVED IN ANY BASE ON GAZA BORDER
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WHITE HOUSE: COMMITTED TO PROVIDING $2,000 DIVIDEND TO AMERICANS FUNDED BY TARIFF REVENUES
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EXXON MOBIL-LED CONSORTIUM IN GUYANA SURPASSES 900,000 BARRELS PER DAY IN OIL OUTPUT
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G7 REAFFIRMS SUPPORT FOR TAIWAN, VOICES CONCERN OVER CHINA’S MILITARY BUILD-UP; DISCUSSIONS CONTINUE ON USING FROZEN RUSSIAN ASSETS TO AID UKRAINE
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U.S. SECRETARY OF STATE RUBIO: CURRENT ASSESSMENT IS THAT RUSSIA DOES NOT GENUINELY SEEK PEACE
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FED’S COLLINS: INFLATION STILL HIGH, SUPPORTS MILDLY RESTRICTIVE POLICY; SAYS TWO RATE CUTS WERE PRUDENT.
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CISCO CEO: AI INFRASTRUCTURE ORDERS FROM HYPERSCALERS HIT $1.3 BILLION IN Q1; EXPECTS ABOUT $3 BILLION IN AI REVENUE FROM HYPERSCALERS IN FY2026.
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CISCO CEO: PIPELINE EXCEEDS $2 BILLION FOR HIGH-PERFORMANCE NETWORKING PRODUCTS ACROSS SOVEREIGN, NEOCLOUD, AND ENTERPRISE CUSTOMERS.
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CISCO CEO: EXPECTS AI OPPORTUNITY ACROSS SOVEREIGN, NEOCLOUD, AND ENTERPRISE CUSTOMERS TO RAMP UP IN SECOND HALF OF FY2026.
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CHEVRON: EXPECTS OIL PRICES TO FACE MORE PRESSURE THAN LNG IN 2026.
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U.S. SECRETARY OF STATE RUBIO: CNN REPORT ON INTELLIGENCE SHARING FOR CARIBBEAN STRIKES IS FAKE.
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U.S. SECRETARY OF STATE RUBIO: NO G7 FOREIGN MINISTER RAISED VENEZUELAN OPERATIONS WITH ME.
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RUBIO TO MEET BRAZIL’S FOREIGN MINISTER VIEIRA IN WASHINGTON ON THURSDAY — CNN BRASIL.
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NEW ZEALAND OCT CARD SPENDING RETAIL +0.2% (M/M) VS +0.5% PRIOR; TOTAL SPENDING FLAT AT 0.0% VS –0.4% PRIOR.
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