Nvidia Lawyer Intervened in US AI Chip Smuggling Probe

Bloomberg understands Nvidia’s general counsel intervened in a US government probe of suspected smuggling of AI chips by Megaspeed International, questioning whether the Trump administration played a role in detaining an executive from the Singapore-based firm who’s now at the heart of a scandal threatening Jensen Huang. Anthropic is set to kick off the formal marketing of its blockbuster initial public offering as early as Tuesday after an apparent snafu over the filing documents added a dose of last-minute drama to a nervous market. President Donald Trump said further strikes on Iran wouldn’t be necessary but the US remains “locked and loaded,” an indication that he’s winding down the conflict after Republicans’ midterm elections loss underscored its deep unpopularity. Guests: Greg Peters, PGIM Credit Co-CIO; Karen Ward, JPMorgan Asset Mgmt EMEA Chief Market Strategist; Kjerstin Braathen, DNB CEO; Ian James, Jaguar TCS Racing Team (Source: Bloomberg)