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#bloomberg-tech

All coverage tagged with #bloomberg-tech — freshest first.

50 entries

Nvidia CEO on AI Market Turmoil: ‘All of This Is Going to Pass’

Nvidia Corp. Chief Executive Officer Jensen Huang took a sanguine view toward the latest AI stock-market rout, saying the benefits of the technology will soon outweigh the concerns of investors.

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Debt Worries Keep Driving Down CoreWeave Stock

CoreWeave's stock dropped 20% during the first three trading sessions of this week, then Nvidia CEO Jensen Huang stepped in to say he had confidence in the company. But will that be enough to prop up the stock? Mandeep Singh of Bloomberg Intelligence has…

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Nvidia’s Huang and Broadcom’s Tan See the AI Boom From Slightly Different Places

The CEOs offer slightly different views on investor concerns

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European Shares Outperform S&P 500 Amid Defensive Tilt From AI

European stocks rose, headed for their biggest weekly outperformance over the S&P 500 since March, as the region benefits from a switch among investors out of the AI trade and from some positive earnings news.

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Nvidia Partner GMI Cloud Calls CoreWeave’s 15% Yield ‘Insane’

The founder of a cloud computing company with a similar business model to CoreWeave Inc. said the 15% yield on the latter’s bonds is “insane,” compared with the roughly 3.45% rate his company secured on a recent Taiwan dollar loan.

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Taiwan to Fund $4 Billion Texas Complex for AI, Nvidia Partners

Taiwan plans to raise billions of dollars to develop industrial parks in the US that would build a base for a comprehensive supply chain for Nvidia Corp. and other AI hardware makers in the country.

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Nvidia CEO Huang Says CoreWeave Improving, No Backstop Needed

Nvidia Corp. Chief Executive Officer Jensen Huang said CoreWeave Inc., a data center operator that his company supplies with computers, is getting financially stronger.

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TSMC’s Third-Quarter Profit Beats Expectations

TSMC reported a better-than-expected profit for the third quarter as net income rose 69% to NT$763.1 billion ($23.6 billion). That came after the exclusive chipmaker of Nvidia and Apple’s most advanced semiconductors reported a sales jump of 51% in the…

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Nvidia, Anthropic Weigh In On AI Safeguards

Nvidia CEO Jensen Huang said he would halt the supply of chips to a customer that was developing unsafe AI software, though he doesn’t believe that the current level of concern about the technology is warranted. AI executives such as Anthropic CEO Dario…

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Nvidia's Huang Says He Would Not Sell Chips to Irresponsible AI Customers

Nvidia Corp. Chief Executive Officer Jensen Huang says his company would stop selling chips to a customer that was developing unsafe AI software. He talks extensively about AI safety and how the industry is growing with Bloomberg's Emily Chang in London.…

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Nvidia CEO Says He Would Cut Off Customers Who Build Unsafe AI

Nvidia Corp. Chief Executive Officer Jensen Huang said he would halt the supply of chips to a customer that was developing unsafe AI software, though he doesn’t believe that the current level of concern about the technology is warranted.

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AI Boom Drives ASML Higher as Nvidia Bets on Europe

Bloomberg’s Ed Ludlow breaks down ASML's earnings after the company raised its sales forecast for 2026 and said it aims to increase production of its chip-making machines to keep up with soaring AI spending. Plus, Nvidia CEO Jensen Huang announces plans to…

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AI’s Biggest Risk: Debt-Fueled Growth

DA Davidson Head of Technology Research Gil Luria joined Bloomberg Open Interest to explain why Nvidia’s ecosystem and chip demand could support growth through 2030, while warning that debt-heavy data-center builders may face serious pressure. (Source:…

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Ark's Wood Favors Nvidia, AMD in 'Volatile' Chip Cycle

Cathie Wood, founder, CEO and CIO of Ark Investment Management, discusses why she avoids traditional memory-chip players, saying the business cycle is "most volatile." Speaking on Bloomberg Television, Wood adds that we are "just at the beginning" of the…

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Nvidia’s Huang Plans $2 Billion in Europe AI Deals in Next Week

Nvidia Corp. is planning to announce $2 billion in European investments in the next week, Chief Executive Officer Jensen Huang said at an event in Paris on the first day of a tour that will also bring him to London and Berlin.

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Cisco, Nvidia Tackle AI’s Growing Data Center Bottleneck

Cisco is partnering with Nvidia on a new generation of optical networking technology designed to handle the exploding amount of data moving through AI data centers. Cisco President and Chief Product Officer Jeetu Patel explains why increasingly powerful AI…

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Nvidia Explores Deal Options With Reflection AI, Financial Times Says

Nvidia Corp. is in early-stage negotiations to acquire or further invest in startup Reflection AI, an American developer of open-weight models, the Financial Times reported.

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Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow

Firmus abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations. (Source: Bloomberg)

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Nvidia-Backed Lumentum Sees Opto-Parts Capacity Sold Out to 2029

Lumentum Holdings Inc.’s optoelectronic parts are “completely sold out” through almost 2029 on demand from tech companies clamoring for faster AI data centers.

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Nvidia-Backed Firmus Is Set to Postpone IPO, Weigh Private Round

Australian data center company Firmus Grid Ltd. is set to postpone its initial public offering, and the company is weighing a private funding round instead, according to people familiar with the matter.

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Microsoft Expands Xbox’s Movie, TV Ambitions With New Division

Microsoft Corp.’s Xbox unit is formalizing its film and TV foray with a new division focused on expanding the video-game giant’s franchises into other media.

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Nvidia-Backed IPO’s Cratering Demand Sends Warning on AI Funding

The sudden plunge in demand for an Nvidia-backed data center company’s initial public offering is revealing fresh cracks in the AI funding boom.

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Why Investors Are Skeptical Over Australian Data Center Company Firmus's IPO

Nvidia-backed data center company Firmus's IPO, set to be among the biggest listings in Australia, has become "unusually polarizing," Australian portfolio manager Jun Bei Liu of Ten Cap says. (Source: Bloomberg)

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Nvidia-Backed Firmus Said to Close Books as Mega IPO Struggles

Australian data center company Firmus Grid Ltd. has closed the books on its struggling initial public offering as investors grew increasingly concerned that the deal could be pulled, according to people familiar with the information.

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Microsoft Says New Laptop With Nvidia Chip Outperforms MacBooks

Microsoft Corp. revealed pricing and availability for a new flagship laptop built on Nvidia Corp. chips, saying that the machine outperforms a comparable Apple Inc. model on some AI tasks.

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Sequoia, Nvidia Back Mecka AI’s Robotics Push

Mecka AI has raised $60 million in Series B funding led by Sequoia Capital, with backing from Nvidia, Microsoft’s M12 and Qualcomm, as it builds technology to help robots understand and operate in the physical world. CEO and cofounder Josh Gao discusses the…

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Rising Oil Puts Wall Street on Edge

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." SpaceX looks to raise $40 billion for Nvidia chips, Apple makes a bigger smart-home push with LG, and rising oil and rates cool Wall Street’s record rally. Plus, Apollo’s…

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SpaceX Seeks $40B for Nvidia Chips as AI Megadeals Loom

Bloomberg’s Ed Ludlow takes a look at SpaceX in talks with banks and investors to borrow $40 billion to buy chips from Nvidia. Plus, Apple plans its entry into the smart home space with a doorbell, thermostat, and other accessories developed with LG; and JD…

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SpaceX Reported to Be in $40 Billion Nvidia Chip-Financing Talks

Elon Musk's SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. Sarah Frier has more on "Bloomberg Open Interest." (Source: Bloomberg)

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Raymond James Analyst Sees Nvidia Shares at $515

Simon Leopold, Raymond James equity analyst, sees shares Nvidia rising to $515. The stock is trading near a record high with SpaceX reportedly in talks to raise $40 billion to buy Nvidia chips. Leopold is on "Bloomberg Surveillance." (Source: Bloomberg)

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SpaceX Seeks To Join AI Borrowing Bonanza

SpaceX is joining the AI borrowing bonanza — seeking $40 billion to secure Nvidia chips. Peter Elstrom explains. (Source: Bloomberg)

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SpaceX Eyes $40 Billion Deal to Buy Nvidia Chips

Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia, people familiar with the matter said. Pimco is one of the investment managers looking at the deal, according to the people. Bloomberg's Anthony Stephens…

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SpaceX Seeking to Raise $40 Billion to Buy Nvidia Chips, FT Says

Elon Musk’s SpaceX is seeking to raise $40 billion in a financing led by Apollo Global Management Inc. to buy Nvidia Corp.’s chips, the Financial Times reported, underscoring the insatiable demand among AI developers for more computing power.

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Nvidia Heads for $6 Trillion Value as Chips Rally

Nvidia is nearing a $6 trillion market capitalization as investors return to the AI chipmaker after a disappointing start to the year. Carmen Reinicke reports on "Bloomberg Open Interest." (Source: Bloomberg)

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Nvidia Heads for $6 Trillion Value With Chipmaker Back at Record

Nvidia Corp. is on the verge of becoming the first company with a $6 trillion market capitalization as investors rotate back into the artificial-intelligence chipmaker.

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Nvidia enfrenta preguntas sobre contrabando de chips de IA en China

Los chips de IA de la empresa siguen llegando a China a pesar de las restricciones estadounidenses. Las autoridades se preguntan por qué la empresa no detectó las señales de alerta.

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Nvidia-Backed Reflection Unveils Open AI Model, Taking on China

Reflection AI, an artificial intelligence startup from two former Google DeepMind researchers, has unveiled a new open-weight model that it says rivals leading options in the US and China.

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Nvidia Partner Hon Hai Beats Sales Estimates Due to AI Frenzy

Nvidia Corp. partner Hon Hai Precision Industry Co. reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infrastructure.

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Nvidia’s Valuations Show AI Rally Isn’t a Bubble, DBS Says

Nvidia Corp.’s price-to-earnings multiple and projected 70% earnings growth for next year demonstrate that artificial intelligence-driven technology stocks remain far from bubble territory, DBS Group Chief Investment Officer Hou Wey Fook said.

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Britain’s Reliance on US Cloud Giants Alarms Its Politicians

The UK’s dependence on big American cloud providers poses “a strategic and economic vulnerability” to the country, politicians warned, as US authorities have the power to switch off Britain’s public services or demand personal information under federal law.

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Nvidia Hits First Record Since May as Value Nears $6 Trillion

Nvidia Corp. shares hit a record for the first time since May as investors pile back into the stock after a two-month selloff that wiped more than $1 trillion off its market value.

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Amazon Seeks to Move $8 Billion of Chips Off Its Books, FT Says

Amazon.com Inc. is exploring a deal to shift about $8 billion of Nvidia Corp.’s top-end chips off its balance sheet, according to the Financial Times.

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Man Charged by US With Illegally Shipping Nvidia Chips to China

Federal prosecutors arrested a California man on Thursday on charges of smuggling computer servers containing $300 million worth of Nvidia Corp. artificial intelligence chips to China in violation of US export controls.

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Nvidia Faces Questions Over China AI Chip Smuggling Cases

Nvidia’s AI chips keep making their way to China despite US curbs. Officials are asking why the company missed red flags.

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Chinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal

A Chinese financing company owned by several local government entities has funded the purchase of restricted Nvidia Corp. chips, according to documents filed with Beijing regulators, suggesting state support for an illicit trade that Washington worries is…

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DeepSeek Unveils Huawei AI Chip Tools That May Replace Nvidia’s

DeepSeek has publicly released software it created with Huawei Technologies Co. to program AI chips, showcasing its close partnership with the Chinese company working to develop technologies to replace Nvidia Corp.

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Pokemon Fan Charged With $55 Million Crypto Hack Goes on Trial

A Maryland cybersecurity consultant who allegedly stole nearly $55 million in hacked cryptocurrency and spent some of it on rare Pokemon and Magic: The Gathering cards went on trial in New York.

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Trump to Talk AI Risks and Threats With Tech CEOs

US President Donald Trump will hold a luncheon Tuesday with the Chief Executive Officers of Nvidia Corp., Anthropic PBC, and Palantir Technologies to discuss artificial intelligence risks. OpenAI President Greg Brockman is also expected to join the event,…

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Nvidia, Anthropic CEOs to Attend Trump-Johnson Lunch on AI Risks

Nvidia Corp. Chief Executive Officer Jensen Huang, Anthropic PBC head Dario Amodei and Palantir Technologies Inc. CEO Alex Karp are slated to attend a lunch with US President Donald Trump to discuss artificial intelligence risks.

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Libby Leffler on Nvidia Buyback, State of AI Trade

Libby Leffler says Nvidia’s new system designed to keep AI agents from “going awry” is a positive step in the right direction. She argued that buybacks “don’t lie” and said the day’s weakness in markets looked more like a macro-driven move tied to oil,…

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