Huang resigns from Nvidia, Mississippi reacts to Colom win, more | The Takeout
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Read a transcript preview of “Huang resigns from Nvidia, Mississippi reacts to Colom win, more | The Takeout” from CBS News, uploaded on 2026-11-13.
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[0:00] The AI revolution will continue without
[0:03] Jensen Wong, but the now former CEO of
[0:06] Nvidia faces a rocky legal future. Amid
[0:09] two weeks of turmoil, Nvidia lost a
[0:12] trillion dollars in market valuation. As
[0:15] we hinted here last night, Scott Colom
[0:17] won the Mississippi Senate race, the
[0:19] first Democrat to do so in 44 years.
[0:22] Texas Congresswoman Jasmine Crockett was
[0:24] a believer, and she tells us how it was
[0:27] done. Quote, "Voters are not in love
[0:31] with us. That's what the new leader of
[0:33] the New Democrat coalition said after
[0:35] the midterms. What did she mean?" We
[0:37] will ask Illinois Congresswoman Nikki
[0:39] Bodzinski.
[0:49] Hello everyone, I'm Major Garrett in
[0:50] Washington. Let me welcome you to the
[0:52] Takeout. The Latin word for envy is
[0:55] Nvidia. It's spelled I N V I D I A. When
[1:01] Jensen Wong launched a company to make
[1:03] graphics chips in 1993, he named it
[1:06] Nvidia in honor of that Latin word envy.
[1:10] And since roughly 2019, Nvidia has been
[1:13] the envy of the chipm. It has been the
[1:16] architect of advanced computing
[1:19] computing rather that powers artificial
[1:21] intelligence development and investment.
[1:24] Jensen Wong left off the I in the Latin
[1:27] word Nvidia. But there is no Nvidia, the
[1:30] company you know so well, without the
[1:31] eye that was Jensen Wong. He drove
[1:35] Nvidia as few CEOs in American corporate
[1:37] history ever have. As an innovator, a
[1:40] cheerleader, a strategist, and a global
[1:43] tech celebrity.
[1:45] On October 29th, Nvidia had a market cap
[1:48] of $5.1 trillion. That was the day the
[1:52] New York Times published this story.
[1:54] with revelations that US intelligence
[1:56] offici