Intel warned shareholders that the government’s stake could lead to "adverse reactions" from international customers, investors, and business partners.

Just five months into his tenure as Intel’s CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president was a two-week roller-coaster ride.

The market’s focus is locked on two things: NVIDIA earnings and inflation data. Recent warnings from SMCI, CoreWeave, and Dell about weak AI-related demand suggest NVIDIA’s results may fall short of sky-high expectations. That’s a major risk—not just for NVIDIA, but for the entire market rally built on AI momentum.

Wall Street awaits its next test with Nvidia due to report its quarterly earnings this week, as Peter Devlin explains.