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Bloomberg Television

Showing 1–3 of 3 interviews.

  1. Bloomberg Television1h 34m

    Nvidia Turmoil Raises Stakes for the US-China Tech Rivalry

    Haslinda Amin, Charles Evans, Jane Fraser, Kaleem Rizvi, Shuli Ren, Ryan Fedasiuk, Carol Lye, Errol Hong, Min Min Lo, Stephen Angle, Avril Hong, Anthony Stevens, Linda Liu

    Asian equities extended a two-day rally fueled by falling oil prices and Middle East de-escalation, though analysts characterize the move as a temporary relief following a brutal AI sell-off rather than a fundamental reset. While Anthropic adjusts its IPO valuation targets downward to between $1.1 trillion and $1.5 trillion amidst market volatility, Nvidia faces intensified federal scrutiny over alleged underreported chip sales and a scandal involving its CEO. Concurrently, U.S. monetary policymakers warn that AI-driven data center expansion risks stoking inflation, driving market expectations for rate hikes in December as Chinese automakers face regulatory pushback for exporting a domestic price war to global markets.

  2. Bloomberg Television1h 33m

    China Trade Surplus Tops $1 Trillion for Second Time

    Yvonne Man, David Ingles, Will Zhao, Douglas Yones, Jane Fraser, Trump, Stephen Engel, Min Min Lo, Michael Dang, Mark Cranfield, Michael Haitha, Charlotte Yang, Catherine Lim, Shuli Ren, Kaleem Rizvi, John Herskovitz

    Asia-Pacific markets rallied on falling oil prices and yields, even as NVIDIA faced intense regulatory scrutiny over alleged chip smuggling and personal scandals involving its CEO. Simultaneously, Anthropic moved forward with a potential trillion-dollar IPO while China reported a 35% surge in October exports despite stagnating industrial profits and a sharp decline in automotive sales. Financial activity expanded as Citigroup secured approval for a wholly-owned securities business in China to capture growing AI demand, whereas geopolitical tensions continued to influence global defense and trade dynamics.

  3. Bloomberg Television1h 35m

    Anthropic Prepares to Market IPO as Nvidia Scandal Stokes AI Jitters

    Haidi Stroud-Watts, Annabelle Droulers, Thomas Massie, Anna Wu, Kaleem Rizvi, Michael Fullilove, Stephen Engel, Hardy Stroud, Lynn Doyen, Mandeep Singh, Mark Cranfield, Derek Wolbrank, Sharon Chen, Anthony Stevens, Paul Dobson, Michael Shepard, Steven Angle, Jill Desis, Taro Kimura, Hee-Soo Lee

    Amidst a U.S. Commerce Department and FBI probe into alleged AI chip smuggling by Megaspeed International and potential Congressional testimony demands for NVIDIA CEO Jensen Huang, the market displayed divergent sentiment with NVIDIA stock falling 4% while the semiconductor sector gained. Concurrently, Anthropic is preparing to launch its IPO, a pivotal event for the AI trade that could determine year-end market rallies given its $80 billion revenue run-rate and high compute costs. Global equities rose on tech buying and falling oil prices, though Japanese consumption data and a Republican-led impeachment effort against Defense Secretary Pete Hegseth added complexity to the economic and political landscape.