00:00We talked about, sorry very quickly, yesterday we talked about the NVIDIA chips deal that the president has struck it as well, the AMD, the 50% stake that will go to the government.
00:09Do you have any detail on how that came about? The president said he asked for 20% from NVIDIA, did he make the same 20% ask to AMD and or is this something the administration is looking to do with other either chips or products going forward? Is this a model that wants to build on it?
00:25Well, look, right now it stands with these two companies. Perhaps it could expand in the future to other companies. I think it's a creative idea and solution. The legality of it, the mechanics of it is still being ironed out by the Department of Commerce. And I would defer you to them for any further details on how it will actually be implemented. But again, this was another idea of the president and his brain trust on his trade team to try to, you know, get good deals for the American people and the American taxpayer.
00:51Did you see the report that China is discouraging use of the H20 to some companies since we're reporting that overnight there was private guidance sent to companies not banning the chip and urging them to steer away from it? I wonder if you have any response to that.
01:04I haven't read the report. I will and we'll get you a comment on it.
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