Trump Backs Lutnick Amid Chip Uproar

0 November 12, 2026 17:05

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss Jensen Huang’s resignation from Nvidia. On today’s show, former White House Special Advisor for AI Ben Buchanan, Stonecourt Capital Partner Rick Davis, Third Way Senior Fellow Caitlin Legacki and Rep. Maxine Dexter (D-OR).

Chapters:
00:00:00 Radio Balance of Power: Early Edition
00:02:35 Markets React to Huang’s Exit
00:04:31 Nvidia’s Future Without Jensen Huang
00:06:21 Emily Chang on Huang’s AI Influence
00:08:05 Nvidia’s Succession Challenge
00:10:46 AI, China & National Security
00:12:44 Chip Export Controls & China
00:15:35 Trump Administration’s Export Policy
00:17:03 U.S.-China Chip Competition
00:19:03 Markets: Nvidia Falls
00:21:04 White House Stands by Howard Lutnick
00:25:52 Congress & the Nvidia Investigation
00:27:23 Export Controls & Enforcement
00:29:17 Trump, China & Possible Retaliation
00:32:35 Nvidia Leadership & Market Reaction
00:35:51 Nvidia Investigation Expands
00:38:10 Congress Pushes Tighter Chip Controls
00:40:47 Data Centers & National Security
00:43:39 Veterans Benefits & House Democrats
00:46:01 Government Funding Deadline
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Tags: Bloomberg, Bloomberg Finance, Bloomberg Makets, Bloomberg Media, Bloomberg Stocks Markets, Bloomberg Television, Bloomberg Television News Videos, Bloomberg TV, Bloomberg Videos, Breaking News, Breaking World News, Business News, International News, Latest National News, Latest News and Videos, Latest World News, World News