Semi stocks on a tear, as AMD surges after earnings, and Nvidia powers the market higher after a partnership with fiber optics maker Corning. The latest chip trends leading the trade, and how much more these stocks can climb. Plus Some Disney magic after reporting, Joby Aviation takes off, and a global go-ahead… how progress in the Middle East is giving overseas markets room to run.<br><br>Fast Money 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.

Chip Trade Rips… And Global Stocks Rally On Mideast Developments 5/6/25

CNBC's "Fast Money"

# Full Transcript

**Podcast:** CNBC's "Fast Money"

## Participants

- **Melissa Lee** (CNBC)
- **Karen Feinerman** (CNBC)
- **Steve Grasso** (CNBC)
- **Mike Coe** (CNBC)
- **Gene Munster** (Deepwater Asset Management)
- **Megan Cassella** (CNBC)
- **Peter Bookvar** (Blickley Financial Group)
- **Tom Rogers** (CNBC / Versant Media)
- **Jared Holtz** (Mizuho Securities)

## Transcript

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Live from the Nasdaq market site in the heart of New York City's Times Square, this is Fast Money. Here's what's on tap tonight. The NVIDIA effect. Partnerships with the chip giant have sent shares of companies like Corning, Firefly, and others soaring. So why are NVIDIA shares only now joining the party? We'll debate that. And going global, it's not just U.S. equities in rally mode today from Germany to Japan to China. We dig in on the international moves and where you can find opportunity right now.

Plus, shares of Novo Nordisk hit nearly three-month highs. A solid start for Disney's new CEO. And counting down to McDonald's earnings, will investors be loving on the burger chain results tomorrow? We are heading to the options pits to find out. I'm Melissa Lee. Come to you live from C-Dubia at the Nasdaq on the desk tonight. Karen Feinerman, Steve Grasso, Mike Coe on set for the hour. And surprise, surprise, a pop-in from Gene Munster of Deepwater Asset Management.

He was in town visiting, happened to come through the Nasdaq, and now he's sitting on set with us here on Fast Money. Welcome, Gene. Great to be here, Melissa. Markets in rally mode once again today with the Nasdaq and S&P 500 notching another set of records, Dow adding more than 600 points, briefly trading above the 50K mark for the first time since February. The latest move coming as oil prices continue to pull back. WTI crude falling below $90 a barrel at its lows on hopes of resolution to the Iran war is in sight.

We'll get more on that in just a minute. But we start off with the latest tie-up, sending chip stocks higher. NVIDIA announcing it will invest half a billion dollars in Corning. Th...

Chip Trade Rips… And Global Stocks Rally On Mideast Developments 5/6/25

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Chip Trade Rips… And Global Stocks Rally On Mideast Developments 5/6/25

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.