Nvidia Board Considers Replacing CEO Jensen Huang

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Berlin, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Nvidia shares sank in extended US trading as investors grappled with the possibility of the company without Chief Executive Officer Jensen Huang at the helm. Nvidia’s board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang following reports of multiple extramarital affairs, including one with a woman who is reportedly suspected of spying for China, a person familiar with the situation said. And Xi Jinping’s third summit of the year with Donald Trump is going off script before their meetings even get underway, as the spy allegations engulfing Nvidia’s Jensen Huang reopen old rifts. Today's guest: Roland Busch, Siemens, CEO. Chapters: 00:00:00 - Daybreak Europe 00:00:26 - Nvidia Fallout Spreads 00:02:13 - Nvidia Board Meets on Huang's Fate 00:05:09 - Nvidia Turmoil 00:07:22 - Traders Weigh Nvidia Future Without Huang 00:10:33 - Nvidia is Preparing to Oust Nvidia CEO Jensen Huang -- WSJ 00:15:11 - Europe is Heating Faster 00:17:09 - Midterms, Brazil Deliver Climate Boost Ahead of COP31 00:19:31 - Huang: You Have to Hold Yourself Accountable 00:21:48 - Alleged Chinese Spy at Heart of Nvidia Scandal Is in Beijing 00:24:28 - Stock Rally Falters on Nvidia Turmoil 00:27:20 - Markets Mull Future of Nvidia's Jensen Huang Amid Infidelity Controversy 00:31:20 - Huang Exit Could Reshape US-China AI Race 00:34:50 - Zelenskyy Says Political Shifts Open Window for Russia Talks 00:40:03 - Siemens Raises Growth Goals 00:43:10 - Roland Busch, Siemens, CEO -------- 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