Bloomberg News Now August 27, 2025: Nvidia Disappoints With Tepid Forecast, Japan's Akazawa Cancels US Trip, More
Aug 28, 2025
NVIDIA's tepid revenue forecast raises concerns over AI market stability and sets the stage for upcoming Blackwell chip challenges. Japan's trade talks with the U.S. hit a snag after a key negotiator cancels their trip, complicating auto tariff discussions. The Bank of Korea maintains a steady policy rate amidst global tensions. Meanwhile, a tragic shooting in Minneapolis leaves two young lives lost, prompting investigations and community calls for change amidst a surge of violence.
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NVIDIA's Cautious Forecast Shakes AI Expectations
- NVIDIA issued a cautious revenue outlook that raised questions about the pace of AI spending.
- The market focus shifted to Nvidia's next-generation Blackwell chips as the demand driver.
Blackwell Platform Is Central To Nvidia's Story
- NVIDIA calls Blackwell the AI platform at the center of the race and highlights Blackwell Ultra's ramp.
- The company's future revenue outlook hinges on adoption of this next-generation chip platform.
U.S. Commission Plan For China Sales Uncertain
- A proposed U.S. plan to take a percentage of Nvidia's China sales is not finalized and could prompt litigation.
- Nvidia warns such demands could raise costs, harm competitiveness, and benefit rivals outside the agreement.