jenison has a long-term outlook. we've always been positive and early. all of our expectations have been blown out of the water. caroline: jenison is an operator. he managed to beat a global business. extraordinary. this company is finding working with china more difficult, largely because of geopolitics. erika: political landscape is more challenging for companies now, as they have restrictions. china had risen to 20% of nvidia's datacenter revenue. that contracted down to 5% in the recent quarter. nvidia has been nimble in terms of coming out with products that comply with export laws. those will ship later this year. we believe there is pent-up demand for those chinese customers. caroline: is there room for the other rivals? should we look to other makers? erika: our view is yes. nvidia has opened the doors for many others, from computer companies like advanced micro devices and broadcom to storage companies and networking companies and software companies that are able to harness this computer power to deliver software that enables gains in productivi