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Bloomberg Tech

Nvidia Earnings and Looming US Default

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 25 May 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Alex Barinka and Scarlet Fu break down Nvidia's blowout forecast sparking a $260 billion AI rally. Plus, why some CEOs signed an open letter to the President and Congress over their extreme concerns over the looming US default. 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

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

0:37.0

this is Bloomberg Technology with Caroline Hyde andnaudlow. I'm Scarlet Food in for Caroline Hyde at Bloomberg's world headquarters in New York.

0:59.2

And I'm Alex Brinka in for Ed Lubbo in San Francisco.

1:01.4

This is Bloomberg Technology.

1:03.2

Coming up, NVIDIA's blowout forecast

1:05.3

sparks a $260 billion dollar AI rally.

1:08.3

We'll break down the results

1:09.3

and how to trade the red-hot technology.

1:12.4

And as a catastrophic US.S. default looms will speak to one tech industry veteran who joined

1:17.1

CEOs in signing an open letter to the President and Congress over their extreme concerns

1:22.0

on the matter.

1:23.0

Plus, a $1.8 billion deal in the 3D printing space will discuss why Stratisis is acquiring

1:29.3

desktop metal with its CEO.

1:31.6

All that and a lot more coming up. But first we want to get

1:35.8

you a check on the markets here at midday on this Thursday and you have the

1:39.6

S&P 500 moving higher by half of 1% All thanks to technology. Look at the

1:44.3

Philadelphia Semiconductor Index higher by almost 6% thanks to

...

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