Transistor Radio

TR38: H20, GPT-5, Ajinomoto Build-up Film

20 snips
Aug 12, 2025
Jordan Schneider, host of China Talk and a future semi-analysis expert, joins for a lively discussion on the H20 chip's competitive edge against rivals like AMD. The conversation dives into the intricate dynamics of AI monetization and its ethical challenges. Schneider humorously explores AI's potential to transform the legal sector, particularly in DUI law. Listeners are treated to insights on the semiconductor landscape, the influence of political factors, and even a light-hearted take on drone delivery of vaccines, blending tech with culture and humor.
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INSIGHT

H20 Rev-Share Is Political, Not Just Technical

  • The Trump–NVIDIA H20 rev-share idea reframes chip exports as a revenue capture rather than a pure export-control decision.
  • The hosts view it as politically and legally fraught but commercially motivated and plausible as a licensing/rev-share construct.
INSIGHT

15% Cut Changes GPU Margin Dynamics

  • The H20 haircut lowers NVIDIA's margins on that SKU and shifts pricing dynamics across GPU competitors.
  • The hosts debate whether this transforms NVIDIA pricing closer to AMD margins and whether a price increase offsets the rev-share.
INSIGHT

GPT-5 Is Product+Routing, Not A Huge Model Leap

  • GPT-5 felt like an incremental model (4.x-class) amplified by product changes rather than a huge pretraining leap.
  • The launch emphasized routing, menu simplification, and product positioning over radical model architecture changes.
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