Carl Quintanilla, Jim Cramer, and David Faber broke down the impact of Nvidia’s massive $500 billion AI infrastructure partnership with six Wall Street giants, including Goldman Sachs, BlackRock, and Apollo. Also in tech, the desk discussed Intel upsizing its stock offering to $20 billion at $95 per share to keep up with AI demand. After the opening bells, they also broke down energy prices and the fate of the Strait of Hormuz, as deal talks showed no signs of progress.<br><br>Squawk on the Street Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

9AM Hour: Nvidia’s $500B Partnership, The Fate of Hormuz, Intel Upsizes Stock Offering 8/11/26

Squawk on the Street

[SPEAKER_09] Market Insight and Analysis. You're listening to the opening bell of CNBC's Squawk on the Street.

[SPEAKER_10] Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Quintanilla with Jim Cramer, David Faber at Post 9 of the New York Stock Exchange. Coming off the tightest intraday range of the year on Monday. Pre-market steady once again as yields are off their highs. Long bond got to 528. That was a fresh 19-year high. Brent oil up five straight sessions as the journal now highlighting Gulf states who increasingly believe that Iran is in control of the straight. Our roadmap begins

[SPEAKER_10] with Nvidias huge funding deal targeting 500 billion to finance rising compute costs, teaming up with Wall Street asset managers like Apollo, Blackstone and BlackRock.

[SPEAKER_09] Plus, stalemate over the straight of Hormuz continues. Deal talks show no signs of progress. Where are oil prices going to go from here? A key question. And you just heard Contessa talking about this, the Bitcoin miner ride platform stock surging. Another one of those deals. Of course, this had once been a Bitcoin miner. Now what is it about? Well, data centers, nine billion dollars in fact in compute power with Anthropic. Sign up.

[SPEAKER_10] Let's get right to NVIDIA this morning. Teaming up, as you might know, with six large asset managers on a new push to finance more than 500 billion in AI infrastructure. This is Jensen Huang last night

[SPEAKER_05] on this new partnership. These partnerships are going to pull together independent long-term capital to fund and support AI infrastructure build out. This is an extraordinary time, as you know, because this is the first time in some 60 years that the computing industry is going through a fundamental

9AM Hour: Nvidia’s $500B Partnership, The Fate of Hormuz, Intel Upsizes Stock Offering 8/11/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

9AM Hour: Nvidia’s $500B Partnership, The Fate of Hormuz, Intel Upsizes Stock Offering 8/11/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.