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Bloomberg Tech

Bessent Says Nvidia, AMD Deals Could Be a “Model”

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 13 August 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Treasury Secretary Scott Bessent’s comments that the US deal allowing Nvidia and AMD to sell some AI chips to China could be a “model” for others. Plus, Tencent shares rise on a revenue beat and plans for AI. And CoreWeave CEO Michael Intrator discusses how the company plans to scale to meet AI demand.

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Transcript

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0:00.0

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in your podcast feed by 6 a.m. Eastern Time. This isn't a deep dive on yesterday's news. Instead,

0:33.2

you get the latest stories with context. And that's something you don't get from other news podcasts.

0:39.2

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0:43.9

with reporting backed by data and journalists at the center of the stories we cover.

0:48.9

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0:54.1

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0:56.6

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1:03.4

Bloomberg Audio Studios.

1:05.9

Podcasts, Radio News.

1:12.8

Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovlo in San Francisco.

1:23.6

This is Bloomberg Tech coming up. Treasury Secretary Scott Scott Besant says the US is open to discussing

1:30.3

the use of Nvidia chips with China.

1:32.3

Plus China's Tencent shows fast growth across its gaming and ad businesses and plans for smart

1:38.6

AI spending. And our conversation with the CEO of Corweave after its earnings, we discuss how the company

1:45.3

plans to scale to meet AI demand.

1:47.6

But first, we check in on these markets that are very close, if not at record highs.

1:52.5

Once again, Ed, we drive higher and it's more about Federal Reserve policy.

...

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