Lutnick Under Fire in Nvidia Crisis

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from Nvidia and DC. On today’s show, former Deputy Director of National Intelligence Lt. Gen. Karen Gibson (Ret.), Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, S-3 Group Partner Ashley Davis and Lumbra Co-Founder and CEO Aaron Brown. Chapters: 00:00:00 Radio Balance of Power: Early Edition 00:02:20 Markets: Nvidia & Chip Stocks Fall 00:03:46 Nvidia Searches for Huang's Successor 00:05:01 Trump on Jensen Huang & China 00:06:17 Nvidia Scandal Looms Over Trump's China Trip 00:07:25 Pressure Builds on Howard Lutnick 00:09:13 Congress Targets Commerce Over Chip Controls 00:09:43 China, AI Chips & National Security 00:13:43 Espionage & China's Intelligence Strategy 00:15:33 China, Rare Earths & U.S. Leverage 00:16:09 Iran, Military Pressure & Oil 00:19:02 Markets: Nvidia & Semiconductors Slide 00:20:37 Huang & Lutnick Prepare for Congressional Hearings 00:22:33 Political Panel: Nvidia, China & Washington 00:24:32 Howard Lutnick's Political Future 00:27:18 Schumer Faces Democratic Leadership Challenge 00:32:32 Chip Stocks Sell Off 00:34:17 Markets Reassess Nvidia's Leadership Crisis 00:37:48 AI, Espionage & the U.S.-China Race 00:42:06 Export Controls & Protecting U.S. AI 00:43:55 AI Agents & National Security -------- 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