Carol Masser

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On that note...

Well, good morning, Caroline.

It's great to be on with you.

Yeah, so a couple of things can be true at the same time.

China is absolutely going gangbusters in AI innovation at several layers of the stack.

You know, they're doing amazing things in open source models and applications and, of course, at the energy level.

where America's number one advantage still lies is in computing power at scale.

I think that's widely agreed upon.

Jensen Huang in his interview at Davos on Fox was acknowledging this when he was talking about the demand constraints that he's facing and how this growing demand for a limited supply of these AI chips

is actually growing right now.

And so that's why it's somewhat ironic and unfortunate for where America is.

No, the current policy in the United States doesn't.

The policy to license H200 chips to China is giving them a lifeline right where they need it most.

The compute advantage that the United States has was poised to grow exponentially if the controls stay in place.

But President Trump and Jensen Huang, for the reasons you suggest, Nvidia wants a foothold in the China market.

What's ironic, of course, is that now Xi Jinping is waffling about whether he's even going to let his companies buy many of these H-200 chips because he wants to make sure that much of the demand is going to the domestic chip makers.