YOUR PODCASTS. >> WELCOME BACK TO SQUAWK BOX PRESIDENT TRUMP SIGNING AN EXECUTIVE ORDER, ISSUING A REGULATORY FRAMEWORK FOR ARTIFICIAL INTELLIGENCE AT THE FEDERAL LEVEL. >> WE WANT TO HAVE ONE CENTRAL SOURCE OF APPROVAL.SPOKE TO ALL OF THE THE BIG COMPANIES, GREAT COMPANIES, AND THEY WON'T BE ABLE TO DO THIS. THIS WILL NOT BE SUCCESSFUL UNLESS THEY HAVE ONE SOURCE OF APPROVAL OR DISAPPROVAL. FRANKLY, YOU CAN HAVE DISAPPROVAL TOO, BUT IT'S GOT TO BE ONE SOURCE.THEY CAN'T GO TO 50 DIFFERENT SOURCES. >> AND JO ...

Core Viewpoint - The potential licensing of Nvidia's H200 chip for sale in China could significantly impact the company's earnings and market position, despite current geopolitical tensions limiting sales opportunities [4][6][8]. Group 1: Chip Performance and Market Context - The H200 chip is positioned as a significant upgrade over the H20, with performance metrics indicating it is 1.5% to 2 times more powerful than its predecessor [1]. - Current alternatives available to China are on par with the H20, making the H200 a superior option if it becomes available [3]. - The geopolitical friction between the U.S. and China is a major factor affecting the sales of Nvidia chips, with only $50 million in sales reported for the current quarter [6][7]. Group 2: Potential Impact of Licensing - If Nvidia secures a license to sell the H200 in China, it could motivate hesitant buyers to purchase, potentially increasing sales in the Chinese market [8]. - However, the ongoing geopolitical tensions may still hinder Chinese companies from purchasing advanced chips, which could limit the expected sales boost [7][8]. Group 3: Competitive Landscape and Innovation - There is a debate regarding whether allowing Nvidia to sell advanced chips to China could inadvertently accelerate China's own chip development efforts [11]. - Historical data suggests that limiting access to advanced technology has often led to increased innovation efforts within China [13]. - Despite current limitations, Chinese companies like Huawei are still able to achieve competitive performance levels, albeit with less efficient solutions [14]. Group 4: Nvidia's Strategic Position - Nvidia's potential re-entry into the Chinese market with the H200 could represent a significant strategic advantage, as the company currently has no business in China [14][15]. - The relationship between Nvidia's leadership and U.S. officials may play a role in the company's ability to navigate these licensing discussions [9][10].

AI 产业竞争与市场 - AI 市场竞争激烈，各大模型和芯片公司都在蓬勃发展 [2][3] - 美国的目标是赢得 AI 竞赛，确保美国技术在全球市场占据主导地位，达到 80% 甚至更高的市场份额 [11][15] - 美国希望通过构建最大的生态系统来赢得技术竞赛，类似于拥有最多开发者的 API 或最多应用的 App Store [16][17] 政策与出口 - 特朗普政府的政策被认为是亲创新、亲出口和亲 AI 的，有助于推动美国 GDP 增长 [3][4] - 关于是否向中国出口芯片存在争议，一种观点认为不应出口最新最好的芯片，另一种观点认为可以出口过时的芯片，以避免加速中国自主研发 [1][10][19][20][21] - 前任政府限制向包括海湾国家在内的许多国家销售芯片是一个重大错误，因为这促使他们转向中国技术 [13][14][18] 能源与基础设施 - 能源是 AI 繁荣的基础，需要扩大公司可用的电力供应 [7] - 特朗普总统支持“drill, baby, drill”的能源政策，并允许公司建立自己的发电能力 [7][8] - 美国需要从电网中挤出更多电力，并支持新的石油、天然气和核能发展 [8] 人才与合作 - 全球约一半的 AI 研究人员来自中国，美国需要对与这些人才合作持开放态度 [23][24] - 英伟达及其 CEO 黄仁勋是美国在这场竞赛中的巨大优势，应该给予支持 [26] - 白宫不干预私营公司之间的交易，而是致力于创造一个支持所有美国公司的政策环境 [9]

Geopolitical Implications - China's ban on Nvidia chips impacts the AI race [1] Technological Restrictions - The ban restricts access to advanced AI technology [1]

AI Regulation & Geopolitics - Boston Consulting Group's Nikolaus Lang discusses the geopolitics of AI [1] - AI regulation requires a global approach [1] Source & Media - The discussion is featured on "Bloomberg Tech" with Caroline Hyde and Ed Ludlow [1] - Bloomberg Technology can be found on YouTube, X, Facebook, and Instagram [1] - Bloomberg Business is present on X, Facebook, Instagram, LinkedIn, and TikTok [1]