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Bloomberg Television48 min

Trump Backs Nvidia CEO Amid Spy Tie

Trump, Kailey Leinz, Greg Stanton, Rick Davis, Jeanne Sheehan Zaino, Keith Sonderling, Charlie Pellett, Tyler Kendall, Michael Shepard

Earnings Call, Interview, Panel, Press Conference, Conference Presentation

Amidst a national security scandal involving NVIDIA CEO Jensen Huang and internal investigations into chip transshipment to China, U.S. markets remained resilient with semiconductor stocks rallying despite NVIDIA's 5% decline. While President Trump continues to support Huang and advances diplomatic talks with Qatar regarding Iran, Democratic lawmakers are accelerating impeachment proceedings against Defense Secretary Pete Hegseth and demanding classified briefings on the technology scandal. Concurrently, Congress navigates a critical lame duck session focused on preventing a government shutdown, enforcing labor visa regulations, and balancing legislative priorities between border security and infrastructure funding.