Amy Morris

But Rubio warned about China's military growth in just the past 10 years.

Rubio made the remarks in an interview with NBC while traveling with the president.

And President Trump says she has offered to help with Iran.

Trump told Fox News Channel's Hannity that Xi said China would not give Iran military equipment.

And in that same interview, President Trump says China agreed to buy 200 planes from Boeing.

Neither Boeing nor China have confirmed the deal, and shares of Boeing closed down the most in more than six months, down nearly 5% in regular trading.

Treasury Secretary Scott Besant says the U.S.

and China are discussing a mechanism for fast-tracking some Chinese investment deals, along with a reduction in tariffs.

Treasury Secretary Scott Besant speaking to CNBC.

President Trump says he's invited Chinese President Xi Jinping to visit the White House September 24th.

Shares of Cerebras Systems soared about 68% on its debut, giving the company a market value of roughly $67 billion.

Cerebras is differentiating itself from incumbents like NVIDIA through its development of a much larger chip that promises faster performance than those that have so far been the backbone of AI development.

Bloomberg's Bailey Lipschultz.

Bloomberg's Bailey Lipschultz.

NVIDIA shares extended a 20% rally over the past seven days as investors plow into the chip makers, profiting from a flood of investment spending on AI.

NVIDIA shares advanced more than 4% in regular trading, hitting a post-IPO record high.

Let's turn now to the latest on Iran.

Admiral Brad Cooper, the commander of U.S.

Central Command, testified before the Senate Armed Services Committee saying that Iran's missile, drone and naval capabilities have been severely damaged by Operation Epic Fury.

Admiral Cooper also told the committee that recent reports about Iran retaining 70 percent of its missile capability are not accurate.