Nvidia owns a 7% stake in CoreWeave, and made it possible for the young company to be the first to launch its latest GPUs. In February, CoreWeave became the first hyperscaler to make Nvidia's new Blackwell architecture broadly available -- and it just did the same recently with the latest iteration, Blackwell Ultra.

Navitas is primed for growth with gallium nitride tech, Nvidia collaboration, and strong demand. Click here to read my latest analysis of NVTS.

Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.

Shares in gallium nitride (GaN) and silicon carbide (SiC) semiconductor company Navitas Semiconductor ( NVTS 1.74%) soared by 28.4% in June, according to data from S&P Global Market Intelligence. The stock has been on a remarkable run recently, and at the time of writing, it's up more than 80% year to date.

Stacy Rasgon, Bernstein senior semiconductor analyst, joins 'Squawk Box' to discuss Nvidia's rally to a $4 trillion market cap, the ban on sales to China and what's next for the semiconductor sector.

Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 semiconductor companies'.

A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.