Amy Morris

NVIDIA shares extended a 20% rally over the past seven days as investors plow into the chipmaker's profiting from a flood of investment spending on AI.

NVIDIA shares nearly 5% higher.

Now that the Senate has narrowly confirmed Kevin Warsh as chair of the Fed, Warsh is expected to be sworn in soon after outgoing chair Jay Powell's term expires tomorrow.

Powell has said he'll remain on the board.

Fed Governor Stephen Myron tells Bloomberg surveillance that could help create a smooth transition for Warsh.

Myron will be stepping down as Fed governor once Warsh is sworn in.

Hear more from Fed Governor Stephen Myron on the Bloomberg Talks podcast.

Round one of the PGA Championship is underway at Aaron Emmett Golf Club.

At last check, Aldred Potgeeter sits atop the leaderboard.

That's news when you want it with Bloomberg News.

Now, I'm Amy Morris and this is Bloomberg.

And I'm Alexis Christophorus.

Bloomberg Surveillance also brings you the analysis behind the headlines.

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That's the Bloomberg Surveillance Podcast with Tom Keen, Paul Sweeney, and me, Alexis Christophorus.

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News when you want it with Bloomberg News Now, I'm Amy Morris.

China's President Xi Jinping has warned President Trump that Taiwan could lead to clashes between the U.S.

and China, calling it a highly dangerous situation.

Secretary of State Marco Rubio says U.S.