Bloomberg Daybreak: Europe Edition No AI Bubble Says Nvidia, Bumper Bank Earnings, Speedy Trading Showdown
Oct 29, 2025
Mayumi Nagishi, Technology editor at Bloomberg, dives into the fascinating world of AI and semiconductor trends. She highlights NVIDIA's CEO Jensen Huang dismissing fears of an AI bubble, asserting the company's upcoming Blackwell chips could generate massive revenue. The discussion then shifts to SK Hynix's strong performance driven by AI demand and how geopolitical tensions may impact NVIDIA's access to the Chinese market. With insights into bank earnings and the latest AI developments, the conversation is both enlightening and timely.
AI Snips
Chapters
Books
Transcript
Episode notes
China Access Is A Major Revenue Wildcard
- Huang says NVIDIA assumes zero revenue from China for now and sees any return as a huge bonus.
- He links U.S.-China policy and presidential negotiations directly to NVIDIA's market access.
Watch Diplomatic Meetings For Policy Signals
- Expect geopolitical talks to shape tech export policies and market access.
- Watch presidential meetings for concrete signals that could reopen China to NVIDIA chips.
UBS Beats Estimates On Legal Gains
- UBS beat Q3 profit expectations thanks to lower legal costs and stronger investment banking.
- Wealth inflows beat estimates but pre-tax profit in wealth management lagged forecasts.
