00:00Huawei has pitched Egypt on building AI data centers. Washington apparently assembling a counter offer. Is it a lock for
00:07China at this point?
00:08China already has a lot of influence in North African countries. You're absolutely right.
00:13They have spent a lot of time building out diplomatically in business ties with Africa and with Egypt.
00:20This deal is not a lock yet. This is Huawei that has put a bid in for this tender offer
00:24for the Egyptian government to build out data centers for military capabilities,
00:28for surveillance capabilities, for other public sector uses that would include the use of Huawei's most cutting edge Ascend 950
00:35chips.
00:36It has drawn the attention of Washington. Not a big surprise.
00:40The Trump administration apparently picking up the phone to NVIDIA, AMD and Microsoft saying,
00:43can we get a team together to put forward a competing bid for Egypt?
00:48But really fascinating in terms of how Huawei and China is thinking about trying to have that involvement in terms
00:54of data center build out
00:55and chip shipments outside of the China market. And if they can get that foothold, it would be small,
01:02but it would be nonetheless pretty meaningful for Huawei and for China.
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