# 11AM Hour: Chip Stocks Bounce Back, The Two Sides of PepsiCo Earnings & The Top State for AI 7/9/26

Page: https://stenobird.com/podcast/squawk-on-the-street-731896/11am-hour-chip-stocks-bounce-back-the-two-sides-of-pepsico-earnings-the-top-state-for-ai-7-9-26
Text version: https://stenobird.com/podcast/squawk-on-the-street-731896/11am-hour-chip-stocks-bounce-back-the-two-sides-of-pepsico-earnings-the-top-state-for-ai-7-9-26.md
Podcast: [Squawk on the Street](https://stenobird.com/podcast/squawk-on-the-street-731896)
Published: 2026-07-09T16:12:53+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/772daf2b-4aa5-445b-9969-6ecd181231b1/episodes/3aaec806-80ce-4fad-befe-3540168ef88d/audio/128/default.mp3?aid=rss_feed&awCollectionId=772daf2b-4aa5-445b-9969-6ecd181231b1&awEpisodeId=3aaec806-80ce-4fad-befe-3540168ef88d&feed=GcylmXl7
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/squawk-on-the-street-731896/episodes/11am-hour-chip-stocks-bounce-back-the-two-sides-of-pepsico-earnings-the-top-state-for-ai-7-9-26
Duration seconds: 2583

## Resource

Bernstein Analyst Stacy Rasgon discusses the rebound in chip stocks today ahead of SK Hynik's debut on the Nasdaq tomorrow. Then, we break down PepsiCo's latest earnings and discuss how they're showing two different stories in the U.S. and abroad. Plus, we reveal the top state for AI from CNBC's list of top states for business this year. Squawk on the Street Disclaimer

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/squawk-on-the-street-731896/episodes/11am-hour-chip-stocks-bounce-back-the-two-sides-of-pepsico-earnings-the-top-state-for-ai-7-9-26/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/squawk-on-the-street-731896/11am-hour-chip-stocks-bounce-back-the-two-sides-of-pepsico-earnings-the-top-state-for-ai-7-9-26.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.