Bloomberg’s Ed Ludlow discusses the rise in Nvidia shares as CEO Jensen Huang says he expects to get the first batch of US licenses to export H20 AI chips to China soon. Plus, Elon Musk’s xAI is in talks to lease data center capacity in Saudi Arabia. And markets react to reports that President Trump has held talks about firing Federal Reserve Chair Powell.

TSMC Slides, Saronic Invests in Texas, GameStop Makes Its Move
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AI Selloff, Apple vs. OpenAI & the Future of Defense Tech
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SK Hynix Starts Trading on Nasdaq, Opens 14% Above Offer Price
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