Mike Shepard

The only way countries can keep up with this is either you need to stop technology from growth, which is not possible, or every day is touched by data centers and AI and the evolution of technology.

This interview wouldn't be possible.

The flights, everything around us is only possible through technology and ultimately through data centers.

So you cannot stop that.

What you need to do at the national level, government level, you need to make sure that you're provisioning enough power

to your people, to your citizens.

You don't burden your citizens by the cost of electricity by making sure that you're not just sitting around letting the market drive things.

You need to make sure that you're always ahead of the game.

Unfortunately, governments aren't as informed as they should be.

So that's a major task for us when we advise governments.

Well, this is a small but critical bureaucratic step that paves the way for NVIDIA and AMD to be able to sell H200 and comparable AI chips to China.

What it does is it now says that the U.S.

government will review requests for export licenses on a case-by-case basis and move away from the past policy of a presumption of denial of any such request.

And that had in the past been really an effective export ban.

Now, these companies can't be there expecting a rubber stamp for their requests.

The U.S.

government is laying out some pretty specific requirements.

One, that the companies must show that the exports to China will not create a supply shortage here.

This is addressing, in a way, some of the concerns that lawmakers here in Washington have been raising with attempts to pass their own version of export controls.

Two, they must show that any manufacturing done for China must not displace any production capacity intended for U.S.