Nvidia Corp. Chief Executive Officer Jensen Huang soothed investor fears about a China slowdown by delivering a solid sales forecast, saying that the AI computing market is still poised for “exponential growth.” The company expects revenue of about $45 billion in the second fiscal quarter, which runs through July. New export restrictions will cost Nvidia about $8 billion in Chinese revenue during the period, but the forecast still met analysts’ estimates. We got reaction from Daniel Newman, CEO of the Futurum Group.

Plus - The equity market drifted lower prior to Nvidia's results. We speak to Tim Pagliara, Chairman and Chief Investment Officer, CapWealth.

Nvidia Corp. Chief Executive Officer Jensen Huang soothed investor fears about a China slowdown by delivering a solid sales forecast, saying that the AI computing market is still poised for &ldquo;exponential growth.&rdquo; The company expects revenue of about $45 billion in the second fiscal quarter, which runs through July. New export restrictions will cost Nvidia about $8 billion in Chinese revenue during the period, but the forecast still met analysts&rsquo; estimates. We got reaction from Daniel Newman, CEO of the Futurum Group. Plus - The equity market drifted lower prior to Nvidia's results. We speak to Tim Pagliara, Chairman and Chief Investment Officer, CapWealth.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Nvidia Eases China Concerns With Upbeat Forecast

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0f870b3d-32f0-4f15-a34a-b2ec001d8109/transcript

The US accused China of engaging in unfair trade practices in the semiconductor sector, but is declining to impose additional tariffs on chip imports until at least mid-2027. The Office of the US Trade Representative on Tuesday released the findings of a nearly yearlong inquiry into China's chip sector that was launched in the final weeks of the former President Joe Biden's administration, with the expectation the matter would be resolved under President Donald Trump. In the intervening months, Trump struck a truce with Chinese President Xi Jinping to end a trade war that rattled global markets. For more on the relationship in regards to US-China in the technology space, we spoke to Tiffany Hsiao, Portfolio Manager at Matthews International Capital Management.

Plus - the US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer trade policies. Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a 4.3% annualized pace, a Bureau of Economic Analysis report showed Tuesday. That was higher than all but one forecast in a Bloomberg survey and followed 3.8% growth in the prior period. We heard from Chris Kampitsis, Managing Partner, Barnum Financial Group.

The US accused China of engaging in unfair trade practices in the semiconductor sector, but is declining to impose additional tariffs on chip imports until at least mid-2027. The Office of the US Trade Representative on Tuesday released the findings of a nearly yearlong inquiry into China's chip sector that was launched in the final weeks of the former President Joe Biden's administration, with the expectation the matter would be resolved under President Donald Trump. In the intervening months, Trump struck a truce with Chinese President Xi Jinping to end a trade war that rattled global markets. For more on the relationship in regards to US-China in the technology space, we spoke to Tiffany Hsiao, Portfolio Manager at Matthews International Capital Management.
Plus - the US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer trade policies. Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a 4.3% annualized pace, a Bureau of Economic Analysis report showed Tuesday. That was higher than all but one forecast in a Bloomberg survey and followed 3.8% growth in the prior period. We heard from Chris Kampitsis, Managing Partner, Barnum Financial Group.

White House Holds Off on New Chinese Chip Tariffs, U.S. Economy Growth

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/50267819-d163-4b9c-8c9b-b3bd001ce185/transcript

Japan has a “free hand” to take bold action against currency moves that are not in line with fundamentals, Finance Minister Satsuki Katayama said, in her strongest warning yet to speculators following the yen’s weakening even after a rise in interest rates. “The moves were clearly not in line with fundamentals but rather speculative,” Katayama said in an interview with Bloomberg on Monday, referring to a sharp weakening of the yen on Friday. “Against such movements, we have made clear that we will take bold action, as stated in the Japan–US finance ministers’ joint statement,” she said. We heard from Keio University Professor Sayuri Shirai. She spoke to Bloomberg’s Annabelle Droulers and Avril Hong on the Asia Trade.

Plus - Bank of America Corp. Chief Executive Officer Brian Moynihan said that artificial intelligence is starting to have a bigger impact on the US economy. For more on the AI trade and what’s ahead for the energy sector for 2026, we spoke to Peter Gardett, CEO of Noreva. 

Japan has a &ldquo;free hand&rdquo; to take bold action against currency moves that are not in line with fundamentals, Finance Minister Satsuki Katayama said, in her strongest warning yet to speculators following the yen&rsquo;s weakening even after a rise in interest rates. &ldquo;The moves were clearly not in line with fundamentals but rather speculative,&rdquo; Katayama said in an interview with Bloomberg on Monday, referring to a sharp weakening of the yen on Friday. &ldquo;Against such movements, we have made clear that we will take bold action, as stated in the Japan&ndash;US finance ministers&rsquo; joint statement,&rdquo; she said. We heard from Keio University Professor Sayuri Shirai. She spoke to Bloomberg&rsquo;s Annabelle Droulers and Avril Hong on the Asia Trade.
Plus - Bank of America Corp. Chief Executive Officer Brian Moynihan said that artificial intelligence is starting to have a bigger impact on the US economy. For more on the AI trade and what&rsquo;s ahead for the energy sector for 2026, we spoke to Peter Gardett, CEO of Noreva.&nbsp;

Japan Finance Minister on Yen Weakness, Energy Outlook for 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/57def0fc-73a9-495f-9c38-b3bc0022fa8b/transcript

Asian equities opened higher, tracking Friday's gains in US stocks that helped intensify bets for a strong finish to the year. Hopes for a year-end rally have grown as dip buyers late last week helped equities recover from a slide driven by doubts over AI exuberance and the scope for Federal Reserve easing. We heard from to Vasu Menon, Managing Director for Investment Strategy at OCBC. He spoke to Bloomberg's Annabelle Droulers.

Plus -  Moore Threads Technology Co. introduced a new generation of chips aimed at reducing artificial-intelligence developers' dependence on Nvidia Corp.'s hardware, just weeks after pulling off one of the most successful Chinese IPOs in years. For a macro outlook on Chinese equities, we heard from Yan Wang, Macro Chief EM and China Strategist at Alpine. He spoke to Bloomberg's David Ingles.

Asian equities opened higher, tracking Friday's gains in US stocks that helped intensify bets for a strong finish to the year. Hopes for a year-end rally have grown as dip buyers late last week helped equities recover from a slide driven by doubts over AI exuberance and the scope for Federal Reserve easing. We heard from to Vasu Menon, Managing Director for Investment Strategy at OCBC. He spoke to Bloomberg's Annabelle Droulers.
Plus - &nbsp;Moore Threads Technology Co. introduced a new generation of chips aimed at reducing artificial-intelligence developers' dependence on Nvidia Corp.'s hardware, just weeks after pulling off one of the most successful Chinese IPOs in years. For a macro outlook on Chinese equities, we heard from Yan Wang, Macro Chief EM and China Strategist at Alpine. He spoke to Bloomberg's David Ingles.

Hopes for Year-End Rally Grow, Moore Threads Chips Unveiled

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a7554309-8a81-4d26-a9a1-b3bb0021aa26/transcript

Nvidia Eases China Concerns With Upbeat Forecast

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