Deepak Pathak

AMD has been trading all over the place this morning, at one point notably higher in the session, but NVIDIA markedly down, now trading at its lowest level in around a month.

What are these new rules and what do they mean and why is this significant?

Bloomberg Senior Tech Editor Mike Shepard joins us out of D.C.,

lay out the new rules and requirements for us.

But what we're saying in the Bloomberg story is this marks a significant moment for the companies in their efforts to sell into China.

Why?

It's interesting, Mike, that we are seeing Nvidia down on the day and AMD.

Do we get any sense of how many they might be able to ship?

Because it's not without its intricacies, as you say, 50% of the overall made in the US.

Bottlenecks throughout the world of AI.

Mike Sheppard, thanks so much.

Let's stick with what this means for NVIDIA and more broadly for semiconductors.

Beth Kindig's with us, IO Fund Lead Tech Analyst.

So is this a $50 billion annual revenue opportunity?

Is China that for NVIDIA?

You say it's too low how much might be the revenue for NVIDIA in China.

But at the same time, we understand that DeepSeat's driving new models.

We're seeing them use what they have in a different method that maybe Alibaba and Baidu don't need those 200,000 that they've already put efforts and offers in for.

What do you make of the way in which China is going to pivot to domestic chips?

Beth, taking into account the news story that Mike Shepard just brought us, Jensen Wong told us at CES that the $500 billion forecast for five fiscal quarters, it includes this one for Blackwell Rubin, could get bigger because they could factor in some H200 sales in 26.