Jim Cramer and David Faber kicked off the show with a look at shares of Intel surging after President Trump said the company will partner with Apple on U.S. chip design. The anchors also shifted to a WSJ report that Apple must raise prices on its products to offset the surging costs of memory chips. Also in the mix; the desk discussed Warsh’s debut as Fed Chairman, a day after the committee held rates steady.<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: Trump Touts Intel-Apple Partnership, Memory Crunch, Warsh’s Fed Debut 6/18/26

Squawk on the Street

[SPEAKER_02] From college send-offs to retirement dreams, life is filled with many important milestones. And making sure you have a plan in place to protect the people you love can give you confidence for whatever comes next. State Farm Life Insurance can help protect your family's financial well-being through life's milestones. Your State Farm agent can help you choose flexible coverage you can adjust as your family's needs change. Contact your local State Farm agent today. Like a good neighbor, State Farm is there.

[SPEAKER_00] This episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Join host Keith Lansford for this information-packed daily market preview delivered in 10 minutes or less, including projected stock updates, monetary policy decisions, and key results and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com slash market update podcast, or find Schwab Market Update wherever you get your podcasts.

[SPEAKER_06] Market insight and analysis. You're listening to the opening bell of CNBC's Squawk on the Street. Good Thursday morning and welcome to Squawk on the Street. We're live from the New York Stock Exchange, of course, in lower Manhattan. And that's why you can look at those pictures as well, because in one hour, the New York Knicks will be honored with a ticker tape parade up the canyon of

[SPEAKER_06] heroes this after winning the team's first NBA championship in 53 years. I'm David Faber. He's Jim Cramer, not a lifelong Knicks fan, unlike me. Carl has the morning off, but an exciting day here. Sorry.

[SPEAKER_07] Yes, it is. It's exciting to try to get into work.

9AM HOUR: Trump Touts Intel-Apple Partnership, Memory Crunch, Warsh’s Fed Debut 6/18/26

Read the full transcript

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

9AM HOUR: Trump Touts Intel-Apple Partnership, Memory Crunch, Warsh’s Fed Debut 6/18/26

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.