00:00:00Good morning, everyone. I'm Megyn Kelly. It's Tuesday, November 10th, 2026, and this is your
00:00:08AM Update. I will say that Rubio impresses everybody. He's a mix of, I get Trump and I
00:00:15get what the Bush years were like. The neocon wing of the GOP seemingly making its move to
00:00:21try to stop Vice President J.D. Vance from securing the 2028 nomination following a massive GOP loss
00:00:27in the midterms. Someone apparently lied to someone there, and that is the kind of thing
00:00:34that boards of directors generally don't like. NVIDIA CEO Jensen Wang admitting to an affair
00:00:39with an alleged Chinese spy, triggering a corporate investigation and raising questions
00:00:44about his future. Former President Joe Biden will have a book out next week, but don't expect to
00:00:50see him on a book tour. And a 19-year-old college sophomore riding the Democrat wave to victory in
00:00:56Arizona, now preparing to oversee hundreds of government employees. All that and more coming
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00:02:04Republicans are confronting an increasingly uncertain future following last week's
00:02:08devastating midterm losses as knives are out for Vice President J.D. Vance from the more
00:02:13neocon wing of the GOP. According to the Wall Street Journal, owned by Rupert Murdoch,
00:02:18a longtime Vance confidant texting him on election day, suggesting he might sit out the 28 presidential
00:02:25race. Other allies telling the journal they doubt any Republican can win the White House in 28.
00:02:31Democrats flipping seven Senate seats so far, including Mr. Vance's old seat in Ohio and
00:02:37winning governorships in Texas and Georgia. The losses exposing fractures in President Trump's
00:02:42political coalition, particularly over the war in Iran. Vice President Vance, a notable critic of
00:02:48the war, bluntly identifying it as a large portion of the reason for the backlash in the midterms
00:02:53in a lengthy social media post last week. The VP also assessing voters want to see a change
00:02:59in the party's relationship with Israel. The comments raising questions about possible
00:03:03divisions within the White House, prompting reporters to press President Trump on his
00:03:08relationship with the vice president. Has J.D. Vance's comments about Iran
00:03:13questioning some of those decisions, has that impacted your relationship at all?
00:03:16No, not at all. But a lot of people didn't like his comments, but not me. He was right. Other
00:03:22than one thing, he should have made one other statement, one statement that I think is very
00:03:26important. If you had it to do again, would you do it again? The answer is yes. I can tell you,
00:03:31if I had it to do again, this historically, for history, will go down as one of the best things
00:03:37we ever did. Because if they ever had a nuclear weapon, they would blow up the world. You know
00:03:42why? Because they're crazy. The New York Post, another Rupert Murdoch media property which1.00
00:03:47initially backed Florida Governor Ron DeSantis in 2024, publishing two sharply critical opinion
00:03:53pieces over the weekend. One accusing Vice President Vance of abandoning President Trump,
00:03:58the other warning that his economic agenda could hurt Republicans. Governor DeSantis among the
00:04:04potential alternatives attracting donor interest in the days following the GOP's massive loss.
00:04:09The Washington Post reporting Governor DeSantis is positioning himself for another possible presidential campaign following his unsuccessful challenge to President Trump in 2024, the governor delivering a blunt assessment of the Republican Party at a press conference last week.
00:04:25This is going to last far beyond just two years.
00:04:29You look ahead to the 28th election, a presidential election.
00:04:33You are not, as Republicans, going to be able to retake the Senate under this current map just two years from now.
00:04:39And with all the House seats that have been done, probably not viable to take that back as well.
00:04:45So this is really going to have an impact two years, four years, six years, maybe even longer before Republicans could exercise unified control in Washington again.
00:04:58DeSantis is coming to the end of his tenure as governor and failed to secure traction in the GOP primary back in 2024.
00:05:06Another potential contender attracting attention, Secretary of State Marco Rubio, host Brian
00:05:11Kilmeade of Fox News, another Murdoch property, offering his assessment of the two potential
00:05:16contenders in an interview on the Clay and Buck show.
00:05:19I will say that Rubio impresses everybody.
00:05:23He's a mix of, I get Trump and I get what the Bush years were like.
00:06:25I'm not going to discuss it in any form or fashion.
00:06:27The Real Clear Politics polling average has the VP leading the potential Republican field with
00:06:3238% support, followed by Secretary Rubio at 26% and Governor DeSantis at 8%. On prediction market
00:06:41Calci, Vance has a 34% chance of winning the 2028 Republican presidential nomination,
00:06:46followed by Rubio and DeSantis each at 17%. DeSantis was at just 5% on election day one
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00:07:04trade $25. AI chip-making giant NVIDIA launching an independent investigation into its billionaire
00:07:12CEO, Jensen Wang, following his admission of an extramarital affair with a woman whom
00:07:18U.S. intelligence officials reportedly identified, oh, as a Chinese spy. The investigation announced
00:07:24Sunday following more than a year of scrutiny over Huang's relationship with Alice Wong,
00:07:30a major NVIDIA customer whom U.S. Intel officials identified as a Chinese spy,
00:07:35per the New York Times. Alice was a top executive at Singapore-based Megaspeed,
00:07:40which purchased more than $4.8 billion in NVIDIA chips beginning in 2024.
00:07:46The Times reporting last year that the Commerce Department was investigating
00:07:49whether Megaspeed helped Chinese companies evade U.S. chip export restrictions.
00:07:55The alleged espionage raising broader national security concerns
00:07:59given Jensen Wang's close relationship with President Trump
00:08:02and his efforts to loosen restrictions on advanced AI chip sales to China.
00:08:08U.S. surveillance of Alice eventually uncovering her close relationship with the NVIDIA CEO
00:08:13and evidence that she was communicating directly with Beijing.
00:08:17The newspaper reporting last month that President Trump had been briefed on the findings roughly
00:08:21a year ago, but chose not to intervene. The Times reporting last week that Secretary of
00:08:27State Marco Rubio oversaw a classified memo this spring detailing intelligence that China
00:08:32had recruited Alice specifically to target the tech CEO. Jensen insisting to Bloomberg last
00:08:39month that his dealings with Alice were strictly professional. On Sunday, Huang publicly admitting
00:08:45that they had an affair, apologizing to his wife of more than four decades and their children.
00:08:51In a letter to NVIDIA employees, Huang writing, quote, I was unfaithful to my wife. My actions
00:08:56hurt her and our children. There is no excuse for what I did. I am deeply sorry. The company's
00:09:02board announcing Sunday that independent directors assisted by outside legal counsel would
00:09:07investigate the allegations. In its statement, NVIDIA maintaining that it had no evidence of
00:09:13compromised company secrets or national security information, while promising to examine all
00:09:18available evidence. The board expressing confidence in Wang's leadership, allowing him to remain as
00:09:24CEO during the review. President Trump coming to Wang's defense at a press conference yesterday.
00:09:31He built a great company, American company, and I think he's a very honorable guy,
00:09:35and I asked him about that, and he said he had absolutely no idea that the person in question
00:09:43was a spy. I asked him that question, did you have any idea that she was a spy? He said,
00:09:48I had no idea that she was a spy, and I really believe him.
00:09:52Despite that support, Wong's future at NVIDIA remains uncertain. CNBC's senior Washington
00:09:58correspondent Ayman Javers yesterday pointing to two significant obstacles.
00:10:03One is the relentlessness of the sources here for The New York Times and the FT.
00:10:09So there seems to be a real commitment on the part of somebody inside the U.S. government to push Jensen Wong out of this position.
00:10:15And then the second thing is clearly there was some effort to misdirect the public by NVIDIA last week.
00:10:23NVIDIA put out a statement suggesting that Jensen Wong's relationship with Alice Wong was business as usual.
00:10:29and then a couple of days later forced to admit actually he had an affair with her.
00:10:33So someone apparently lied to someone there.
00:10:37And that is the kind of thing that boards of directors generally don't like.
00:10:41And it's just difficult from a corporate governance standpoint to move forward.
00:10:45The steady stream of disclosures continuing yesterday afternoon.
00:10:48The New York Times reporting new details about a federal investigation into Megaspeed's suspected smuggling of restricted NVIDIA chips into China.
00:10:58CNN reporting NVIDIA shares falling more than 20% from their peak last month, erasing their