Watch CNBC’s full interview with Microsoft chairman and CEO Satya Nadella [Video]

Microsoft chairman and CEO Satya Nadella joins ‘Squawk Box’ to discuss the $500 billion Stargate AI project, the company’s partnership with OpenAI, state of the AI technology race, U.S.-China chip war, M&A outlook in the second Trump administration, the company’s climate pledges, impact of AI on the labor market, and more.