Jensen Exits, AI Debt Under Review, Treasuries Slide
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Read a transcript preview of “Jensen Exits, AI Debt Under Review, Treasuries Slide” from Bloomberg Television, uploaded on 2026-11-12.
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Language: English (creator captions)
[0:01] SCARLET: FROM NEW YORK CITY, FOR OUR VIEWERS WORLDWIDE, I'M
[0:03] SCARLET FU. "BLOOMBERG REAL YIELD" STARTS
[0:05] RIGHT NOW.
[0:17] COMING UP, NVIDIA FOUNDER AND
[0:19] CEO JENSEN HUANG STEPPING DOWN AFTER REPORTS OF EXTRAMARITAL
[0:21] AFFAIRS INCLUDING ONE WITH AN ALLEGED CHINESE SPY.
[0:24] HIS EXIT TESTING THE TECH GIANT'S ROLE AS THE CENTRAL BANK
[0:28] OF AI. WARNINGS THAT MORE AGGRESSIVE
[0:33] RATE HIKES MIGHT BE NEEDED. TREASURY BOND YIELDS SPIKING THE
[0:38] MOST SINCE THE TARIFF MELTDOWN ON THE HAWKISH FED SPEAK
[0:42] FOLLOWING HOTTER THAN RESPECTED CPI REPORT.
[0:44] YOU BEGIN WITH THE BIG STORY OF THE DAY, NVIDIA SHARES PLUNGING
[0:50] 14% AT THE OPEN, NOW DOWN ABOUT 5%.
[0:55] THIS AFTER CEO JENSEN HUANG RESIGN FOLLOWING THE REVELATION
[0:57] OF TWO AFFAIRS, ONE WITH AN ALLEGED CHINESE SPY.
[1:03] ED LUDLOW JOINS US. THIS COMES BEFORE THE COMPANY'S
[1:08] EARNINGS REPORT TUESDAY AND PLANS FOR JENSEN HUANG TO
[1:11] TESTIFY BEFORE CONGRESS. WHAT CAN YOU TELL US ABOUT WHERE
[1:15] THINGS STAND WITH THE EARNINGS REPORT AND THE TESTIMONY?
[1:19] ED: THE CFO IS BECOMING INTERIM CEO, STILL RETAINING THE CFO
[1:22] TITLE. THE BOARD OF NVIDIA WILL LOOK AT
[1:25] INTERNAL AND EXTERNAL CANDIDATES FOR A LONG-TERM SUCCESSOR TO
[1:31] JENSEN HUANG. BLOOMBERG CLARIFY THAT GOING
[1:36] FORWARD, JENSEN HUANG WILL NOT HAVE ASSOCIATION WITH NVIDIA.
[1:39] YOU WILL NOT TAKE ON AN ADVISORY ROLE, HE WILL NOT BECOME
[1:43] CHAIRMAN EMERITUS. THAT HAD NOT BEEN CLEAR FROM THE
[1:46] STATEMENT. THE STOCK IS ON TRACK FOR ITS
[1:50] BIGGEST DROP SINCE JANUARY 2025. THERE IS THE BREAKING THE LAST
[1:56] THREE MINUTES -- BLOOMBERG IS CONFIRMING THAT THE JUSTICE
[1:58] DEPARTMENT IS COND