Jensen Huang on Dwarkesh Podcast
Jensen Huang – TPU competition, why we should sell chips to China, & Nvidia’s supply chain moat
Worth hearing for unusually specific operational detail on GPU allocation, supplier commitments, and NVIDIA’s missed opportunity with Anthropic. The China and platform-ecosystem arguments are familiar from other appearances, so this falls short of being wholly new.
At the time, I didn't deeply internalize how difficult it would be to build a foundation AI lab like OpenAI and Anthropic, and the fact that they needed huge investments from the supplier themselves. We just weren't in a position to make the multi-billion dollar investment into Anthropic so that they could use our compute. But Google and AWS were. They put in huge investments in the beginning so that Anthropic, in return, used their compute. We just weren't in a position to do that at the time. I would say my mistake is
Huang presents NVIDIA's advantage as a combination of programmable computing, ecosystem depth, supply-chain coordination, and sustained execution rather than chip manufacturing alone. He also argues that the United States should remain ahead while competing globally, including in China, because conceding markets and ecosystems could weaken long-term American technology leadership.