Stocks Fall on Nvidia Worries; Nvidia Board Considers Huang's Future
Channel: Bloomberg Television
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Read a transcript preview of “Stocks Fall on Nvidia Worries; Nvidia Board Considers Huang's Future” from Bloomberg Television, uploaded on 2026-11-12.
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Language: English (creator captions)
[0:17] >> GOOD MORNING. I AM ANNA EDWARDS WITH YOUR
[0:20] BLOOMBERG BRIEF. LET'S GET YOU SET UP FOR THE DAY
[0:21] AHEAD. NVIDIA'S BOARD GATHERS TO
[0:27] CONSIDER JENSEN HUANG'S FUTURE AFTER REPORTS OF A SECOND
[0:29] ALLEGED EXTRAMARITAL AFFAIR EMERGE.
[0:38] CHINESE AI STOCKS DROP WITH POTENTIAL BENEFICIARIES GAINING
[0:41] HEARING AND QUESTIONS OVER U.S.-CHINA TRADE RELATIONS AHEAD
[0:47] OF THE TRUMP-XI SUMMIT LATER THIS MONTH.
[0:48] WE START WITH ASIA. HERE IS WINNIE HSU IN HONG KONG.
[0:56] >> WE ARE SEEING ASIAN STOCKS UNDER PRESSURE AFTER THREE DAYS
[0:57] OF GAINS. THE UNCERTAINTY WHEN IT COMES'S
[1:04] TO NVIDIA LEADERSHIP ROLE IS NOT JUST ABOUT WHO MIGHT POTENTIALLY
[1:08] TAKE OVER JENSEN HUANG'S CEO POSITION WERE ALSO CONCERNS RUN
[1:10] CONTINUITY WHEN IT COMES TO THE BUSINESS STRATEGY AND CUSTOMER
[1:14] RELATIONSHIP SO INVESTORS ARE TAKING A BIT OF A CAUTIOUS
[1:17] STANCE NOW AND YOU ARE SEEING TECH HEAVY GAUGES IN THE REGION
[1:20] LEADING LOSSES TODAY WITH THE LIKES OF TAIWAN'S INDEX DOWN BY
[1:27] 2.6% FOLLOWED BY SOUTH KOREA'S KOSPI INDEX DOWN BY ABOUT .6%.
[1:32] WE TAKE A CLOSER LOOK AT SOME OF THE TECH STOCKS BECAUSE THERE IS
[1:36] A DIVERSION IN THE PERFORMANCE AND IMPACT FROM NVIDIA.
[1:43] YOU ARE SEEING OTHER PERFORMERS, SK HYNIX AND TSMC, WHICH RELY ON
[1:47] NVIDIA, AND NVIDIA IS THE BIGGEST CUSTOMER FOR BOTH THESE
[1:50] COMPANIES BY REVENUE AND ON THE OTHERS OF THINGS YOU ARE SEEING
[1:53] SAMSUNG ELECTRONICS HOLDING UP WELL BECAUSE OF ITS CLOSE TIES
[1:57] WITH AMD, A DIRECT COMPETITOR OF NVIDIA.
[2:01] ALIBABA IS DOWN ALMOST 7% ALONG WITH CHINESE AI NAMES, GIVEN THE
[2:05] EXPECTATION THE U.S. MIGHT BE STEPPING UP FURTHER E