Every day, CNBC Investing Club with Jim Kramer releases home stretches. Market Update: Shares were still trading Monday afternoon despite President Donald Trump's announcement that China's tariff deadline was extended for another 90 days. It was set to expire in the middle of the night. Investors may be awaiting the results of the July Consumer Price Index report. This is expected to see economics pick up a slight inflation starting in June. These numbers are scheduled for Tuesday. Compared to recent weeks, the scheduled reporting S&P 500 has only a handful of stocks, and revenues are less than a catalyst for the market. Nvidia trading: The market doesn't bother that club names Nvidia and Peer AMD need to give the US a 15% share of all AI chip sales to China. The deal, confirmed by Trump on Monday, is part of a broader deal announced last month, regaining the ability to sell AI chips to Chinese customers. That ability was rescinded in April when the Trump administration tightened Biden-era export controls, which forced Nvidia and AMD to design throttleback versions of top-end AI chips for the Chinese market. This 15% payment to the government is the first to be able to sell to China again. I have never seen a transaction like this. But as far as stocks are concerned, it's not negative. Stocks were largely unchanged on Monday. The bigger prize is to maintain the ability to sell to China, a market that Nvidia CEO Jensen Huang estimates to be worth $50 billion over the next few years. Bernstein analyst Stacy Rasgon joined CNBC on Monday afternoon and shared this idea about the deal. “From Nvidia's standpoint, AMD's standpoint, I get it like 85 cents is better than anything else. Otherwise, it's important that they sell to China, as they're handing over that market to China and giving it to local players. There they need to compete there. He added, “I think it should happen in their own merit.” To widen the potential impact of this payment, Nvidia had sold about $8 billion worth of chips to China in the quarter before previous export restrictions. A 15% haircut amounts to over $1 billion per quarter, or about $5 billion a year. This is a large number for most companies, but not with NVIDIA. Analysts estimate that they will generate approximately $200 billion in revenue for the ongoing fiscal year 2026. FY2027 is $25.5 billion. However, some of the notable names we plan to report on are Cardinal Health, Oklo, AST Spacemobile, and Circle Internet Group. On the data side, the NFIB Small Business Optimism Index and the July Consumer Price Index report will be displayed on Tuesday. (For a full list of Jim Kramer's Charitable Trust stocks, see here.) As a member of the CNBC Investment Club with Jim Kramer, you will receive a trade warning before Jim can trade. Jim waits 45 minutes after sending a trade alert before purchasing or selling stocks in the Charitable Trust portfolio. If Jim talks about stocks on CNBC TV, he will wait 72 hours after issuing a trade alert before running the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with the disclaimer. Due to receiving information provided in connection with the Investment Club, there is no obligation or obligation of the fiduciary. No specific outcomes or benefits are guaranteed.
