Fed Decision Day, Wholesale Inflation Shrinks, AI Chips: AMD Battles $1T Nvidia 6/14/23

<p>Carl Quintanilla, Jim Cramer and David Faber discussed what Wednesday's Fed Decision on rates could mean for the markets. Should policymakers pause -- or implement an eleventh-consecutive interest rate hike? Ahead of that decision, the Producer Price Index fell in May on a month-to-month basis for the third time in four months. On the AI front: Tuesday was the first time Nvidia closed trading with a $1 trillion valuation, while AMD unveiled its new AI chips --  looking to challenge Nvidia's dominance. Also in focus: Health insurers in sell-off mode after UnitedHealth warns of higher medical costs, Tesla aims for a record 14-day win streak, A judge temporarily blocks the Microsoft-Activision deal, new developments surrounding the PGA Tour-LIV Golf merger.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>