AI Boosts Nvidia's Blowout Quarter, Powell One Day Away, T-Mobile US To Cut 5,000 Jobs. 8/24/23

<p>Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about </p><p>Nvidia: Shares surged to a record high on the company's blowout quarter and raised guidance due </p><p>strong demand for AI chips. The future for interest rates also in the spotlight, as investors brace for</p><p>Fed Chair Jerome Powell's Jackson Hole speech on Friday. Also in focus: T-Mobile US plans to lay</p><p>off 5,000 employees, supplier defect weighs on Boeing, Dollar Tree's turn to experience retail pain,</p><p>Snowflake's earnings beat.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>