The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Nvidia CEO Jensen Huang was ousted from his post after reports of two affairs, including one with a woman suspected of spying for China. Huang, one of the three engineers who founded the chipmaker in 1993, had been under intense pressure since Sunday, when he admitted to a romantic relationship with Alice Huang, a former executive at the Singapore-based data center firm Megaspeed International. The Nvidia turmoil rippled through the entire artificial intelligence sector on Thursday, dragging down shares of semiconductor companies.

On today’s episode:

• Emily Chang, Host & Executive Producer of Bloomberg’s ‘The Circuit’
• Ed Ludlow, Bloomberg Tech Co-Host
• Jay Goldberg, Senior Analyst, Semiconductors & Electronics at Seaport Research Partners
• Nina Trentmann, Bloomberg News Senior Editor & CFO Briefing Editor

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Take-Two Interactive Software Inc. Chief Executive Officer Strauss Zelnick left 20th Century Fox to join the video-game industry, becoming the pre-revenue CEO of Crystal Dynamics in 1993. Since an investor group led by Zelnick took control of Take-Two in March 2007, the shares have soared 12-fold. That’s thanks to successful game franchises like BioShock, Red Dead Redemption and Borderlands. The biggest of them all is set to launch on Nov. 19 when Take-Two’s Rockstar Games unit releases Grand Theft Auto VI, the latest iteration of the modern-day gangster title. Bloomberg News Media and Entertainment Team Lead Chris Palmeri discusses the games past and expected successes.

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