# Nvidia's Record High, Jensen Huang and the Trump-Xi Summit, Cisco CEO Exclusive 5/14/26

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Podcast: [Squawk on the Street](https://stenobird.com/podcast/squawk-on-the-street-731896)
Published: 2026-05-14T14:33:20+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/616fce3c-098c-424e-811b-67248a8410a2/audio/128/default.mp3?aid=rss_feed&awCollectionId=772daf2b-4aa5-445b-9969-6ecd181231b1&awEpisodeId=616fce3c-098c-424e-811b-67248a8410a2&feed=GcylmXl7
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Duration seconds: 2420

## Resource

Carl Quintanilla and Jim Cramer explored shares of Nvidia at a record high. In the midst of the U.S.-China summit, Nvidia CEO Jensen Huang told reporters in China that his company's meetings have been "excellent." A live report from Beijing on what the talks between Presidents Trump and Xi produced. Cisco shares soared on an AI-fueled quarterly beat and plans to cut thousands of jobs. Cisco CEO joined the show at Post 9 to discuss all of that and more. Also in focus: Cerebras launches the largest U.S. IPO of the year so far, what Treasury Secretary Bessent told CNBC about the Chinese "buying more U.S. energy," Ford's rally, Versant surges on a revenue beat, Cramer's take on Jerome Powell's legacy as Kevin Warsh gets ready to head the Fed. Disclosure: Versant Media is the parent company of CNBC Squawk on the Street Disclaimer

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## Transcript

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