This is something that Jensen's been talking about uh for, you know, like since the Biden administration, uh that the US can't just kind of abdicate uh it's leading role in AI to any anyone else. Uh and so that includes working and selling its products in China. Um, you know, that uh that total adjustable market being $50 billion.
Uh Jensen said that that could increase by 50% next year and so on and so forth. Uh, you know, he did seem as though uh, you know, just as he's he's been before, uh to hammer home the point that it needs, the US needs to be there, uh to have its foot in the door because if if it doesn't, it gets into this idea, um that we've seen before of kind of a bifurcated, uh we we previously saw the idea of a bifurcated internet, US, China internet.
It would be the same thing with AI, you know, US AI, China AI, and then everybody has to pick between the two. Jensen’s view is, why not just have US dominate and then everyone just picks US. Uh and so he seems bullish on that idea. Uh it just needs to kind of get China at this point it seems to play along.
Mhm. Now, outside of the China story, we did see that data center miss, which was surprising to many on Wall Street considering how strong the demand was from the hyperscalers this earning season. So John, do you see this as just noise to this hyper growth story or is it a signal that maybe the AI boom isn't as aggressive as it was say two years ago?
Well, did they really miss though? I I I think I think the miss was actually China in the quarter. I think the number was still very strong. similar to the the guidance very strong even without China. So not sure I buy that they really missed on the data center line. Um, and really all we're here they dropped a couple really interesting nuggets on the call about the data center line.
They're they're targeting 20 billion dollars of sovereign AI revenue this year. That's a new target. That's double the $10 billion target they put out for last year. So that's clearly on a good track. They also disclosed that H100 and H200 revenues grew sequentially in the quarter, which is really interesting. It means I think that Hopper did better than expected. That implies maybe Blackwell did worse than expected.
There's no question about Blackwell demand. So I think that's more of a supply dynamic where maybe some of the rack manufacturers in Asia are still having a little bit of difficulty cranking out product, but I think that is something a situation that will resolve itself. So, no, I don’t really think the the story has changed at all on the data center line uh moving forward.