00:00This is news from Bloomberg reporting that Huawei has offered to build data centers and supply its Ascend,
00:06those are Huawei's cutting-edge chips, to Egypt.
00:09Egypt has put together a bidding process for this, and Huawei is part of that bid.
00:13It hasn't been accepted yet, but really fascinating that Huawei is looking,
00:17it would be for the first time, to get access to the African market in terms of shipping its cutting
00:22-edge AI chips
00:23into that market and building data centers.
00:25So we'll see how that evolves.
00:27Our reporting is suggesting that the U.S. is looking to put forward a counterbid, no doubt involving NVIDIA.
00:33And would there be penalties for countries that choose Huawei over the U.S.?
00:36We will see.
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