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China Urges Local Firms to Avoid Nvidia H20 Chips | Bloomberg Tech 8/12/2025
Bloomberg Technology· 2025-08-12 20:44
>> “BLOOMBERG TECH” IS LIVE FROM COAST-TO-COAST. WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH. " COMING UP, BEIJING URGES LOCAL COMPANIES TO AVOID USING NVIDIA'S H20 PROCESSORS. MATT: ELON MUSK -- CAROLINE: ELON MUSK ACCUSES APPLE. >> AND WE WILL HAVE A DISCUSSION WITH THE CEO. CAROLINE: AND THE NASDAQ 100, THE S&P 500 WERE UP .6%. VOLATILE TRADE AS WE ADJUST THE CPI AND CONSUMER PRICE INFLATION COMING IN WHERE THE MARKET ANTICIPATED. THEY STILL THINK THEY HAVE ...
Taylor Swift Teases Surprise Album
Bloomberg Technology· 2025-08-12 19:15
This is dominated Google trending, by the way, and most other social platforms for most of the time I've been awake. This is big. Tell me more.Could you sleep last night. Were you able to. Or were you just so excited that you had to stay up thinking about it.That was that was Elon Musk related. Let's stick with tailored at least. I mean, look, she's she's the biggest pop star in the world, if not even really close.She just wrapped her Arab tour, which is the best selling concert in music industry history le ...
China Wants Homegrown AI Chips, Says Eurasia Group's Hsiao
Bloomberg Technology· 2025-08-12 19:02
Back when we were stopping the flow of ships to China, It was America's national security concern about how China would use those chips. In the military context, the development 24 hours later after the president cut that deal, is China saying we have national security concerns and we want to champion our own domestic names. Who has the upper hand in this negotiation.Well, I think that for China, a lot of the signaling that it has been engaged in is largely performative. We know that the Chinese continue to ...
Nvidia Chip Deal Helps China’s AI Goals: Dave Lee
Bloomberg Technology· 2025-08-12 18:57
We've been talking a lot about how China is urging its domestic firms, air firms, not to use Nvidia's H20 chips. This after the US agreed to revenue split for allowing AI semiconductors from NVIDIA from R&D to re-enter China. Now, Bloomberg opinion columnist Aly wrote about this yesterday about the decision by the White House and also what it would cost the US in terms of an advantage.The story moves on continually, but what was so striking about your story was, look, if there's a 50% cut taken by the US Go ...
Circle CEO Discusses Earnings as Shares Jump
Bloomberg Technology· 2025-08-12 18:38
Just that bump in revenue. We know how ultimately you make a lot of your money and that comes from treasuries. It comes from other yielding assets they are holding versus us.What about the other revenue growth that you want to see how you think about that pipeline. Well, a couple quick things. I think, first, you know, that bump in revenue is driven by growth.We saw a 90% year over year growth in US DC in circulation on our network, which is significant. And that growth is obviously a driver. Even where we ...
Apple, Tesla Investor Reacts to Musk’s App Store Claims
Bloomberg Technology· 2025-08-12 18:33
You have exposure to Apple. I think you've added to it recently. You know the Tesla story, but also e-learning story really well when it comes to AI, how concerned are you about this situation with Elon Musk, you know, essentially going after Apple.I listen, I think everybody's acting the script. So, you know, Ellen will describe himself as someone who's who's programmed for war. This is one way for him to gain shelf space is to raise awareness, to claim foul, and then hopefully get some concessions from Ap ...
Musk Says Apple Favoring OpenAI on iPhone
Bloomberg Technology· 2025-08-12 18:26
In aggregate what's at the core of my complaint. Yeah, he is claiming anti-trust behavior by Apple, saying that the company, as you point out, Ed, is favoring open air. It's putting open air and more prominent positions on the App store, you know, artificially in his mind, putting them higher on rankings lists.Now, of course, some of those rankings lists are editorially curated by Apple employees. That's been the case for four years. And it's always been a challenge for developers to try and get onto those ...
Rules of the Game for Chipmakers Selling to China
Bloomberg Technology· 2025-08-12 18:20
How do you navigate the president's impact on certain companies, whether it's about them doing business or who leads their businesses. Well, I mean, this is the Question of the Day today, at least having to do with Trump. And I think Caroline Connan what we have to understand is that Trump at his heart is a commercial guy.And so, you know, what we're trying to figure out is like, what are the rules of the game that are acceptable to him in order to actually run our businesses and order in order to move forw ...
Perplexity Offers $34.5 Billion for Google Chrome
Bloomberg Technology· 2025-08-12 16:20
We have some breaking news crossing the Bloomberg terminal. Perplexity says that they've made an unsolicited bid to Google today, offering $34.5% billion to purchase its Chrome browser. I'm going to repeat that.Perplexity has sent says it sent an unsolicited bid to Google this Tuesday. $34.5% billion for the Google Chrome browser. That's a significant and interesting piece of news.We're going to get the shares of Alphabet, the parent of Google up very soon, and we're going to talk to Bloomberg Fisherman, wh ...
Nvidia, AMD AI Deal, Intel CEO to Meet Trump | Bloomberg Tech 8/11/2025
Bloomberg Technology· 2025-08-11 21:21
>> BLOOMBERG TECH IS LIVE. >> THIS IS BLOOMBERG TECH. COMING UP NVIDIA AND AMD -- >> PLUS, INTEL CEO IS SET TO VISIT THE WHITE HOUSE. >> LITHIUM PRICES AND STOCKS SPIKE. >> WE RETURN TO THESE MAJOR MARKETS. THIS IS AN ENTIRE SHOW FOCUSED ON THE SEMI CONDUCTOR WELL. BY BRINGING THE CHIP SECTOR IN PARTICULAR. THE MACRO PICTURE RIGHT NOW, INFLATIONARY DATA. WE ON THE SHOW ARE LOOKING AT SEMI CONDUCTORS. ED: MACRON IS RAISING GUIDANCE BECAUSE OF PRICING POWER. THE CEO, LIP-BU TAN, OFF TO THE WHAT HAS TO BE THE ...