and as for intel, jon, today i did notice citi's christopher danley came out in defense of intel saying, don't worry too much about the nvidia news the question will get asked how many front wars they can handle. >> this speaks, deirdre, to the fact pat gelsinger, an execution guy. not a lot of room for era. so many competitors in the space, foundry side, tsmc, samsung operating domestically or x-86 and kcpu market and gearing up to compete in the high-profit data center business when it comes to servers and ai. i mean, intel, you know, has been struggling a bit. there's a lot of up side, but not a lot of room for error. >> a little. understatement, jon. i like what gelsinger said yesterday. playing offense, not defense now. kind of a look into how he is thinking about these battles, or ambitions that they're looking at on a number of sides. meanwhile, guys, bitcoin can't bet but note hitting new highs on the eve of coinbase's debut more "techcheck" coming up right after this break. >>> there is a legitimate breakout in bitcoin today. all-time high above 63,000 what a time on the eve of

intel now down 6%. we will dive into those stocks and some opportunities there >> yep speaking of which the market is higher but that overhang for stocks includes that bloomberg headline that white house is looking at raising the top capital gains tax. could have big implications for investors for tech, vc, private equity in particular more on that in a minute including why our first guest says it will bes the death of silicon valley you have to talk intel to start. >> we do today's most important thing in tech comes from intel. shares down about 6% this morning. the first quarter with ceo pat gel singer at the helm a story about turnaround, data center and expectations. data center in particular, the chip shortage, margins in the data center, there's competition that intel has to deal with from amd, from nvidia pat says they're determined to gain market share even though they're constrained here you know, as i've seen some analysts say if you were bearish on intel before, you have all the same reasons

ib intel staying from the driver's seat with mobile eye thank you. pat gelsinger. >> great guest, jon. >>> by the way, launching a new show, we want you to know we want to hear from you. soliciting views from viewers. write in and participate it brings us to this morning's crowd source in your opinion, what story in tech does not get covered enough you can tweet us @cnbc p nbc techcheck. >> we are just getting started here on "techcheck." this is wealth. ♪ ♪ this is worth. that takes wealth. but this is worth. and that - that's actually worth more than you think. don't open that. wealth is important, and we can help you build it. but it's what you do with it, that makes life worth living. principal. for all it's worth. >>> a gut check on tesla this morning. cannaccord takes it to a buy 1071 talking about what they call a several-year lead in evs and aggressive expansion into energy storage as the catalyst talk to the analyst in the last hour he said the street might make a mistake thinking it's all about cars. >> a lot more to that story. meanwhi

back when phil schiller and steve jobs would get on stage and talk about the power mac chip versus intel. and, you know, joanna was with us and talking about this yesterday. the idea that it's unclear, carl, where the ipad pro fits versus the mac it got even muddier for me yesterday. they're rolling out these ipad pros with the m-1 chips in them, and the imack has the m-1 chip and so does the macbook air. it's like how is the ipad pro more than a mac book air without a keyboard which one should i buy takes me back to when tim cook was saying a touch screen computer is like a refrigerator toaster. it seems to a degree like apple's making refrigerator toasters and one is more like a toaster and the other like a refrigerator maybe it's what people are demanding and -- >> one is cheaper. >> yes yes. one is cheaper, that is for sure i guess it's a first-class, first-world problem if you're apple to have that layering within the product stack we'll talk more about it after a break and thanks to joanna stern of the "wall street journal. this $29 billion robotics idea, not these robots, it's sof

welcome. >> congratulations on the new show. >> intel ceo. >> great to be in on the inauguration of tech check. >> thank you for being here. >> thank you for having me. >> ron conway, thank you. >> thank you. >> congrats on the new show. >> thank you for having me. >> it is a pleasure to see you all. >> the very first coinbase investor. >> here is what the ceo told me. >> that was rapid fire. >> back in the field. >> you, jason, always keep it 100. >> now, deidre, it technically wasn't live in the show but it was nice of satya nadella of micr microsoft. i was wondering, he is focused on foundry and building up chip and we were told first here, yes, absolutely we are staying in the driver's seat with mobileye. >> yeah, you know, i loved that video montage. a little bit of a humble brag for us because this week really went off without much of a hitch at all we had some really, really great voices we have to give a lot of credit to the people behind the scenes who made the show happen, for lining this all up, the graphics team to make a splash with something new here on cnbc, julia. we have

down grade at intel. and after the break, "techcheck" sits down with coinbase's first inv investor so stick with us. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea. ♪ ♪ petco. the health and wellness company. >>> shares of crowdstrike, price target $265. bullish or crowd adoption, and punk music and leadership, what they have cmoinomn. we'll tell you right after the break. stay with us. with a bang, energy and change came to every part of our universe. seismic or small, it continues. change is all around us. shaped by technology and human ingenuity, we can make it work for you and your business. so you're a small business, or a big one. you were thriving, but then... oh. ah. oka

. >>> intel and snap tonight let's get to the judge ♪ ♪ >>> all right. carl, thanks very much welcome to "t"the halftime report". i'm scott wapner front and center, the road for your money whether to be cautious or bullish on stocks. why tom lee says it is the latter we will debate his call, we will debate the markets with our investment committee joining me courtney gibson is president of luke capital markets. sarat sethi is with us josh brown rounding out our investment committee today let's go to the wall as you see, s&p and dow are negative dow and s&p are on pace to break their four-week win streak nasdaq 100 having its worst week sinc

facebook off by 1% intel having a tough week down for the third straight day down 6% since monday, carl. >> jon, today's most important tech story is coinbase going public in a direct listing, potentially value the company at $65 billion or more. as it becomes the first major crypto business to go public in the united states, investors are hailing it as a bit of a watershed moment, encouraging institutions to play in the crypto space and some recent private trades have valued the company at almost $100 billion of course only this morning on "squawk box," co-founder and ceo brian armstrong talked about the company's connection to crypto and here's what he said. >> we're also kind of what you might call an indexed bet or levered bet on the crypto space more broadly we're kind of selling picks and shovels and helping people access and use the new technology, so i think we're going to grow along with the crypto space but if we keep growing share, then we'll sort of be an addition of that on top of just the price of crypto hopefully. >> so many topics to delve into. the way in which central