00:00NVIDIA CEO Jensen Huang is arriving in South Korea on Wednesday for the APEX Summit,
00:05but he's fresh off giving this keynote speech in Washington, D.C. at the company's GTC event held
00:11in that city for the first time. A lot of new announcements in that speech, Olivia.
00:16What were the things that stuck out most to you?
00:18I thought it was such a fascinating speech with so many different layered announcements.
00:23One thing I took away from it is that NVIDIA is really trying to dominate the entire technology
00:28stack. So not just looking at the opportunities for sales now, but growing their products into
00:34different technology verticals right into the future. The fact that NVIDIA was not just announcing
00:40AI announcements, but telecommunication deals, quantum computing deals, sensing and robotics,
00:47it really demonstrates a convergence of different technologies and NVIDIA's grand ambitions to have
00:54a key part in playing in all of those fields.
00:57Something else announced at the keynote was this new partnership with the U.S. government,
01:02or at least the Department of Energy, to build several new supercomputers. What's the significance
01:07of this partnership and what will these supercomputers actually be used for?
01:12So this announcement about seven different supercomputers to advance science for the United
01:18States was a really critical piece. So the highlight of the number of the seven supercomputers
01:24that were announced, the biggest one is a cluster of 100,000 black whale GPUs. Now,
01:30black whales are the leading product that NVIDIA produces. A cluster of 100,000 GPUs is the largest
01:38that we know of in the world. It is really record breaking. The amount of capacity this will provide
01:44for researchers to do scientific experiments and accelerate progress, progress that you wouldn't
01:51achieve in a normal laboratory. Now, there wasn't actually a huge amount of detail on what these
01:56supercomputers would be used for. We heard them talk about scientific fields, security and energy,
02:04and that's naturally what you would expect from a deal that is really in partnership with Department
02:08of Energy. But it didn't really go down to brass tacks about what those applications could look like.
02:14Jensen Huang is scheduled to meet with US President Donald Trump on Wednesday,
02:18just one day before Trump is set to meet Chinese President Xi Jinping with the hopes of hammering
02:23out a new trade deal. Now, of course, the sale of NVIDIA AI chips to China has been a major sticking
02:30point in US-China trade tensions. What do you think Jensen will be asking Trump for in his meeting?
02:36I'm sure that Jensen will be encouraging greater access for NVIDIA back into the Chinese market.
02:44NVIDIA is missing out on billions and billions of dollars of sales. You have people who say the
02:49right strategy is to get China addicted to US-made chips. That way they won't be pursuing their own
02:56sovereign capability. I'm not entirely convinced that this is going to work. Most of seasoned China
03:02watchers that I know will say, well, China has been striving for sovereign chip manufacturing capability
03:09for over a decade now. The idea that they will suddenly want to get hooked or addicted to foreign
03:15made chips isn't consistent with their strategy to date. And in fact, we should expect to see China
03:21double down on their domestic chip manufacturing investments, including particularly with Huawei.
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