Jamieson Greer

All of those H-200 approvals still have to go through the Commerce Department to make sure that any licenses that are granted really respect U.S.

national security and make sure that it's not violated and there can be conditions on licenses, et cetera, to make sure they go to end users and end uses that don't jeopardize U.S.

national security.

So it's hard to say at this point that these types of license applications are typically case by case and reviewed.

So we'll see.

The way it's set up right now is if the chips are going to go to China, they come back to the U.S.

for a security inspection to make sure that they are indeed the types of chips that are being allowed to be sent to the Chinese.

We know there are a lot of Chinese companies that want them.

We know the Chinese government's pretty interested in having their own domestic champions build them.

So the Chinese themselves right now are having a conversation about the types of chips that they want from the United States.

We think that they want the H-200s.

They've shown an interest in that.

So we'll see, you know, between their process and ours, we'll see where it goes.

So I just had a conversation yesterday with my counterpart in the European Commission yesterday to reinforce some of the strong concerns we're hearing from US stakeholders.

US tech companies are the most competitive in the world.

Europe, frankly, doesn't have those types of competitors.

If you talk to the Europeans, they'll say, that's why we have to regulate and have these protectionist measures against U.S.

tech companies.

Unfortunately, we see in the way that they've developed those measures, they're discriminatory.

They only capture companies above a certain threshold of revenue globally or certain business models, and magically it only happens to capture U.S.