Nvidia to Resume Chip Sales to China, Trump Gives Putin 50-Day Deadline | Daybreak Europe 7/15/2025

Posted on 07/15/2025
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.

On today's show, Nvidia says it will resume sales of its made-for-China H20 AI chip, after a dramatic u-turn by the Trump administration on chip exports to China. Nasdaq futures surged after the announcement by CEO Jensen Huang.

Meanwhile, China's economy grew more than expected in the second quarter, as strong exports offset weak domestic consumer demand.

Plus, Donald Trump threatens 100% tariffs on Russia, as he grows increasingly frustrated with President Putin. The US President demands a deal to end the war in Ukraine within 50 days.

Today's guest: Ellie Henderson, Investec, Economist



Chapters:

00:00:00 - Daybreak Europe

00:03:03 - Ericsson Q2 Earnings

00:03:54 - Nvidia Expects License to Sell H20 AI Chip to China Again

00:07:44 - China’s Economy Grows 5.2% as Exports Offset Consumer Slump

00:11:16 - JGB 10-year bond Yield at Highest Since 2008

00:12:38 - US 30-year Yields Come Close to 5%

00:13:36 - Investors Watch Tariff Impacts on CPI

00:15:58 - Trump Disappointed with Putin

00:18:18 - Trump: Will Send Patriot Missiles to Ukraine

00:19:00 - Israel Strikes Syria After Clashes Involving Druze

00:19:33 - EU Calls in X After Antiemetic Grok Post

00:20:24 - EU Prepares to Counter US Tariffs WITH EU72 List

00:26:05 - Reeves Faces City Test in Major Speech

00:28:35 - Ellie Henderson, Investec Economist

00:35:09 - Tesla Makes Long-awaited India Debut

00:40:04 - Wall Street Banks 2Q Earnings This Week

00:43:37 - French PM To Outline Stringent Budget plan

00:44:00 - Volvo Cars to Take $1.2B Charge Over Tariffs

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