Jensen Huang Scandal Fallout Grows

A Chinese company founded by Alice Huang, the woman at the center of a controversy dogging Nvidia, procured smuggled AI chips that were installed at a Shanghai data center with links to Megaspeed International, according to documents reviewed by Bloomberg News. Bloomberg News Seoul Bureau Chief Cat Barton takes an international view of Jensen Huang’s downfall. Bloomberg News US Semiconductor Reporter Ian King also brings an exclusive inside look at Huang’s final hours as Nvidia CEO. Plus, Bloomberg News Technology Reporter Matt Day has the update and fallout of Microsoft’s massive services outage. Finally, Lis Agosto, Director of Product Research & Strategy at Global X ETFs, takes an investor’s view on the Nvidia scandal. Chapters: 00:00:00 Bloomberg Businessweek Daily 00:03:23 Nvidia & Chip Stocks Slide 00:05:19 Nvidia's Fallout in South Korea 00:07:38 Nvidia's Global Relationships After Huang 00:09:19 South Korea & the Global AI Race 00:11:29 China, Nvidia & Chip Restrictions 00:13:26 Microsoft Outlook Outage 00:16:10 Microsoft's Importance to Corporate America 00:19:03 Markets: Nvidia & Semiconductors Fall 00:20:59 Jensen Huang's Final Hours as Nvidia CEO 00:23:02 Huang's Resignation & State of Mind 00:24:01 Nvidia's Board & Future Without Huang 00:25:18 What's Next for Jensen Huang 00:27:17 Can Nvidia Thrive Without Its Front Man? 00:29:18 Nvidia's Search for a New CEO 00:31:12 The Bull Case for Nvidia 00:34:27 Goldman's Market Outlook 00:35:25 AI Investing After Huang's Exit 00:38:34 Energy, Data Centers & the AI Trade 00:40:15 Data Center Backlash & Investment 00:43:35 Nvidia Earnings & Hyperscaler Spending 00:45:25 Stock Movers: Nvidia, Cerebras & Cisco -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts