Peter Landers

And whenever we talk about China dominating or hoping to dominate so many different fields, whether it be AI, chips, bullet trains…

Robotaxis, you name it.

And the world gets nothing, only the right to buy these Chinese technologies and kind of be subservient to Beijing's leadership.

One wonders whether the rest of the world really wants to be in that position.

There is a contradiction in trying to dominate everything without thinking of what the rest of the world needs and also what the rest of the world can give China in return for these technologies.

So I really appreciate your inviting me, Lingling.

This is going to be another source of demand for NVIDIA.

Probably billions of dollars of chip sales can be made to China if this is ultimately approved.

At its peak, China was about 20 percent of NVIDIA's sales.

It's been a lot less than that in recent years because of US export controls.

So they're still a huge company, extremely profitable without China.

But certainly the China market, as CEO Jensen Huang has said, is an important addition to whatever they're selling elsewhere.

These chips are believed to be quite a bit ahead of anything that the Chinese chip makers can produce.

And so NVIDIA's products would be welcome in China, even though they're not as advanced as China.

the Nvidia chips that some U.S.

customers can get their hands on.

The Constitution actually says that the U.S.

cannot impose a tax on exports, but probably there's no one out there who could legally challenge it.

Nvidia is apparently willing to pay this 25% charge.

Their profit margin is much greater than that, but it is an extremely unusual arrangement for the U.S.