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From the heart of where innovation, money, and power collide in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

Live from San Francisco, this is Bloomberg Technology coming up.

NVIDIA drives a global route in chip stocks after new US government restrictions on tech exports to China.

Plus, Lyft buys its way into the European market with an eye on rolling out autonomous driving.

And we speak to the President's

chief technology advisor and director of the White House Office of Science and Technology Policy,

Michael Kratzios. Again, it is the chip sector semiconductors where our focus is. New export controls

and license requirements on two big names for the export of specific technologies designed for the Chinese market.

This is the picture at the index level. We're down 3.5%.

...