You're not a breakdown.
What am I mean for this NVIDIA and everything else
CNBC tech check Co anchor Deirdre Bosa and Deirdre, here's
what's interesting yesterday Howard Lutnick, I pressed him on NVIDIA.
I think you heard this and he said, well, we're,
we're allowing them to sell the 4th best NVIDIA chip
to China.
Is that how others would characterize the what is it
the H20?
Yeah, the H20, I mean, it is not even close
to any of Nvidia's best chips, but you know, the
Chinese have done a really good job around optimizing around
older hardware and that's why the H20 is valuable in
China.
But what I would say when we talk about this
sort of NVIDIA picture and what makes Wall Street so
bullish, talking about 5:00.
And you're not crazy to say $6 trillion, Brian, at
this point, it's not just about chips, it's about the
whole NVIDIA ecosystem.
We talked about this yesterday, but the CUDA software has
been so critical to Nvidia's continued success and continued dominance.
And that's also why the Chinese are prepared to take
this less performant H20 chip because it operates on the
software.
And that's what everyone is building on, right?
So that has been extremely positive for NVIDIA.
And even without China, I mean, the China headlines when
they couldn't sell, I mean, it was a huge hit,
billions and billions of dollars.
Yet NVIDIA still continue to do well because it's only
a small part of the story.
There's inference, right?
That comes after training.
Once you have the models, it's about how much the
models are being used by enterprise, by consumers every single
day.
That is just like hockey stick going up and up.
So it has inference in its favor.
It has the huge CapEx.
You mentioned, Brian, all these companies.
You have Zuckerberg this week saying he wants to spend
hundreds of billions of dollars in compute capacity.
You know, Google's doing the same thing.
You've got Project Stargate with Open AI and Oracle.
You just got a lot going in its favor.
And even though there's more competition in this phase of
the AI race, inference versus training, it's in videos ecosystem
that keeps it so dominant, not just in China, but
everywhere in the world and it's rain to progress.