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
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