Bloomberg BusinessWeek

Patrick Moorhead, CEO and Chief Analyst at Moor Insights and Strategy, says Nvidia could face months of employee churn as uncertainty lingers over its CEO search. (Source: Bloomberg)

Samsung Electronics Co. is in talks to acquire Modine Manufacturing Co., a maker of cooling systems for data centers, according to people familiar with the matter.

Jensen Huang’s departure from Nvidia is raising questions about whether rivals can chip away at the company’s dominance of the AI semiconductor market. Bloomberg Intelligence analysts Robert Schiffman and Mandeep Singh say demand for AI computing remains strong, but Huang’s exit could create opportunities for Broadcom, AMD, Google and others as customers look for alternatives and potentially push back on Nvidia’s premium pricing. (Source: Bloomberg)

Grand Theft Auto VI is expected to be one of the biggest entertainment releases in history, and potentially one of the most expensive. Why is there so much riding on the game? (Source: Bloomberg)

Jensen Huang resigned as Nvidia’s CEO after reports of marital infidelity including an affair with a woman the US reportedly suspects is a Chinese spy. His sudden exit leaves the AI giant with an interim CEO while throwing the broader AI market into uncertainty. (Source: Bloomberg)

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Jess Menton, Carol Massar and Tim Stenovec. (Source: Bloomberg)

Cisco Systems gave a sales forecast for the current quarter that exceeded Wall Street estimates and raised its annual outlook. Woo Jin Ho has more on "Bloomberg The Close." (Source: Bloomberg)

Wall Street isn’t particularly concerned about the risks to the artificial intelligence trade posed by the ouster of Nvidia Corp.’s long-time Chief Executive Officer Jensen Huang over a series of romantic relationships, including one with a suspected Chinese spy.

Cisco Systems Inc. gave a sales forecast for the current quarter that exceeded Wall Street estimates and raised its annual outlook, a sign the AI boom continues to fuel demand for its networking equipment.

Cerebras Systems Inc. gave a sales forecast for the current quarter that exceeded analysts’ estimates, signaling that a push to challenge Nvidia Corp. in AI chips is paying off.

Ross Gerber, co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management, reacts to the ouster of Nvidia CEO Jensen Huang and what it means for the future of the company. He speaks on "Bloomberg The Close." (Source: Bloomberg)

Bloomberg's Emily Chang said that while Nvidia will survive the ouster of CEO Jensen Huang, questions remain about if it will be able to thrive in the same way without Huang's relationships with global leaders and no predetermined successor. Chang said the national security implications around the company are in the spotlight going forward, as Colette Kress, the interim CEO in the wake of Huang's resignation, also believes that Nvidia should be able to sell the most advanced chips to China. (Source: Bloomberg)

Weeks after closing a funding round at a $40 billion valuation, Kalshi is now in talks to raise more money from investors valuing the prediction market at $65 billion, according to people familiar with the matter.

Ben Buchanan, former White House special advisor for Artificial Intelligence in the Biden Administration and author of the new book 'The Bitter Struggle: Superintelligence, Superpowers, and the Fate of the World,' said that it is 'essential' that the US maintain its curbs around exports of US chips to China and is 'more urgent now' given the lead the US has in the AI race. Buchanan said that the Trump administration made a mistake in not enforcing the Biden administration's 'diffusion rule,' which extended strict controls on AI chip exports to stop chips from reaching adversaries. (Source: Bloomberg)

Anna Ashton, founder of Ashton Analytics and former China analyst at the Department of Defense, said that it doesn't matter if Alice Huang was an unwitting participant or a spy for the Chinese government because she already worked for Megaspeed, a company that was 'seriously distrusted' for attempting to work around US export controls on chips. Ashton said that Jensen Huang's affair with Alice Huang suggests 'massively compromised objectivity' on the part of the former Nvidia CEO. (Source: Bloomberg)

Bloomberg Intelligence’s Mandeep Singh and Bloomberg’s Anthony Hughes joins Scarlet Fu on “Bloomberg Real Yield.” Anthropic’s plans for a record initial public offering are under fresh scrutiny after Nvidia’s CEO was unexpectedly ousted, highlighting the links between the two artificial intelligence giants. (Source: Bloomberg)

Technology giants racing to build artificial intelligence infrastructure are hitting the limit of how much they can raise in global bond markets, according to Wells Fargo & Co.

Former Nvidia CEO Jensen Huang had direct access to President Donald Trump and more influence over American AI policy than any other Silicon Valley executive. Bloomberg Opinion columnist Dave Lee explains the risks to the sector without its leather-jacketed champion. (Source: Bloomberg)

KKR & Co.-backed Internet Brands is testing investor appetite for a roughly $3.5 billion debt package to refinance its existing loans, as concerns about artificial intelligence disruption weigh on sentiment toward software businesses.