0:00 Nvidia just plunged twenty-two percent over the past month down to one hundred eighty-seven dollars, wiping out over a trillion dollars in market value.0:09 In episode 140, we tracked the opening shockwaves of the board probe into CEO Jensen Huang; now Capitol Hill is turning that personal fallout into concrete policy.0:18 Look, here is the morning sweep across tech.0:21 First, Google revealed its new TPU eight-t-x AI chip, tapping A.M.D.’s fifth-generation EPYC processors for confidential computing, sending A.M.D.0:30 shares up eleven percent.0:31 Next, Meta slashed eight thousand positions and scrapped six thousand planned hires, even as it budgets up to one hundred thirty-five billion dollars for AI capital expenditures.0:42 Over in hardware supply, Entegris approved a five hundred million dollar share buyback alongside plans for a ten percent dividend bump in early 2027.0:51 Meanwhile, Anthropic begins marketing its massive public offering today, though investor valuation targets dropped from two trillion dollars down to around one point one trillion.1:02 And auto regulators just opened a fresh inquiry into Alphabet’s Waymo over persistent school bus safety violations.1:09 Now, let’s get into the REAL fight brewing over Nvidia.1:12 Wall Street is split right down the middle.1:14 Aletheia Capital downgraded the stock to Hold and yanked its three hundred forty dollar target.1:20 But Goldman Sachs isn't budging at all — they just reiterated their Buy rating with a three hundred dollar target!1:27 Of sixty-two analysts covering the company, fifty-nine still say Buy.1:31 But Washington does not care about price targets.1:34 Here’s the thing — and — and the political blowback is moving waaay faster than the trading desk expected.1:40 Senators Elizabeth Warren and Jim Banks issued a joint statement demanding decisive action on three specific bills inside the defense authorization package: the AI Overwatch Act, the Chip Security Act, and the Match Act.1:54 Wait, you know what hurts most?1:55 Nvidia was the primary opponent lobbying against those exact export and tracking bills.2:01 Um, until recently, Huang insisted illicit chip diversion wasn't happening.2:05 Now, lawmakers are using his security probe as direct leverage to LOCK DOWN China’s access to advanced silicon once and for all.2:13 So, while Goldman treats this selloff as a discount, Congress sees a wide-open window to rewrite export rules.2:19 The market can debate valuations all morning, but the regulatory perimeter around American AI just permanently shrank.
