Josh Chin

companies have much, much more money available to them.

One big question is to what extent Beijing will allow Chinese AI companies to buy these chips.

They're trying to support Huawei.

Huawei has its own chips it's trying to build.

And Huawei has said that it can match the computing power of American data centers by just stringing together huge numbers of sort of lower powered, less efficient chips.

It's a strategy they call swarms to beat the titan.

The Chinese government is committed to that.

So it'll be really interesting to see exactly how many NVIDIA chips they let in.

China has been a huge market for NVIDIA.

There is a lot of interest in China in H200 chips, particularly among private companies.

Again, the question kind of just comes down to how much of that is Beijing going to allow to come to fruition and in what ways?