Nvidia CEO Jensen Huang Eases China Concerns, Touts AI Growth
33:51 Share

This is an iHeart Podcast. Discover how one of China's largest financial services companies serves 240 million customers with AI-powered solutions. Hear from Ping An's co-CEO and chief scientist. We're a goldmine of data integrated to provide tailored solutions to our customers. Public domain tax 3.2 trillion tokens, 7.5 billion images. Tune in to our technology-powered growth podcast.

Find it at group.pingan.com, Spotify, or Apple Podcasts.

Developers like you are building the future, but you need the right tools to move fast and go further, right? That's where Microsoft comes in. With tools like GitHub Copilot, VS Code, and Azure AI Foundry, you have everything you need to push the limits and bring your ideas to life faster. And with security, compliance, and responsible AI built in, you can focus on what matters most, building the next big thing. Learn more at developer.microsoft.com.

Bloomberg Audio Studios. Podcasts. Radio. News. ♪

Live from San Francisco to our TV and radio audiences around the world, welcome to a special edition of Bloomberg Technology. I'm Ed Ludlow. In just a few moments, NVIDIA CEO Jensen Wang will join us for a live interview following the company's latest earnings report. NVIDIA posting revenue of $44 billion for the fiscal first quarter. Even as a slowdown in China weighed on results, NVIDIA gave a positive outlook.

I want to bring in Bloomberg's Ian King, who leads our coverage of semiconductors here at Bloomberg. And there is some math to be done because the outlook for sales in the fiscal second quarter was $45 billion, plus or minus 2%. But the big disclosure was that there was $8 billion in revenue lost because of the restrictions on H20, the China-specific chip.

What else do we need to know apart from that? Yeah, I mean, the high level is here is in some respects it was worse than people had feared, but in others it was much better than they had hoped. The China blow was arguably much worse than some analysts had projected. They were saying, you know, at the worst end, we're going to see $7 billion of revenue go away here. Nvidia said eight. But guess what? Still in line or there or thereabouts with where consensus was, which means

Other parts of our business are doing well. There's Blackwell chip that they're able to ship to other places. Obviously, they're getting supply and that had kind of almost made up for some of the losses that we saw from China. There was a number, $50 billion of total addressable market in China lost. That's the way they framed it. They've said that before. It was away from the numbers where the news was, I felt. Jensen Wong opened the earnings call in his portion.

addressing China head on, that essentially that door is basically closed to them now in doing business there. What did he say? Yeah, I mean, this was in line with what he's been doing recently, where he's basically decided there's no point in messing around here. There's no point in working behind the scenes. I'm just going to go out there and lobby publicly what he's telling people.

the Trump administration in particular is look, if we lose China, if we're not allowed to play in China, we're going to be at risk competitively worldwide. It's not just the revenue, it's that because we're not in China,

The Chinese companies are going to start to do it themselves. Thinking that China cannot do AI is wrong. You need to let us play there. That was his main message. He said that China will carry on with AI with or without NVIDIA in the US. Bloomberg's Ian King, thank you very much. Let's get the investors' reaction. Ayako Yoshioka, Portfolio Consulting Director at Wealth Enhancement Group, joins us here on Bloomberg Technology. You listen to the call. Your main takeaways, please.

Sure. And, you know, I think what Jensen said in terms of the AI era is here. I think that's the long-term takeaway. You know, we didn't get answers on China. However, we know that demand is very strong and it's going to be strong for many years. There's still a lot of catalysts at NVIDIA that's going to propel the stock for quite some time. I asked you on the show this morning...

Well, the biggest question was, we agreed it was China. Were all of your answers given in what you were looking for to understand the future of NVIDIA's business in that market?

No, I wish we had more details, but I think Jensen and Collette gave as much as they could in regards to what is currently the situation with China. So there's not a whole lot we can do about it. I think we're all just going to have to wait and see.

whether or not they can come up with a cheaper black well. Perhaps there's other ways that they can sell into the China market. But for now, they're effectively closed to China, as they said during the call. So that's going to have to wait for more engineering and perhaps more news out of the administration.

I want to bring Bloomberg's Ian King back into the conversation, Ayoko. Help us understand what Jensen Huang explained on the call, that they have a product or a category of products called Hopper. And as far as I understand the explanation,

Taking into account current US technology export controls, they have engineered that product, that chip, to its lowest possible level of performance. What happened after that? Jensen essentially said it cannot get any less performance than that. Yeah, I mean, the way to understand it is to go back. Hopper is a fundamental design that was the most important chip in arguably in this AI revolution.

rules came in and these rules aren't like you can't send this chip there. What they do is they set parameters whether it's speed or memory or interface. All of these technical parameters get set in place and say you cannot have a chip that goes beyond these capabilities.

and send that to China. H20 was then a reaction to that. Hey, we'll make a chip that doesn't trigger these concerns, doesn't trigger these rules, and we'll send that. And then what's happened is basically the goalposts have been shifted again on NVIDIA. So now they're at a point where we can't make this any worse and still have anything worth selling.

Ioco, the outlook for the fiscal second quarter is sales of US$45 billion plus or minus 2%. But at the same time, Nvidia told us that there was US$8 billion in lost revenue opportunity relating to China and H20.

To me, that seems like somewhere in their business, in some geography, they found more demand and they sold more of something than they had initially anticipated. Have you been able to work that out?

Absolutely. I mean, I think consensus numbers were closer to $47, $48 billion for 2Q prior to the export ban. And so if you add back that $8 billion that they said they lost for 2Q, they'd be closer to $53 billion. And so, you know, the demand was...

very, very strong. And I think that continues. And I think we also got great information about margins in the second half. So really strong numbers and solid guidance out of NVIDIA. Very shortly, we're going to speak to Jensen Huang live on this program. What's your question for NVIDIA's CEO? No, I think in terms of AI, just how

how things play out, especially on the enterprise. I think one of the things that he talked about is that enterprise AI, you know, it's going to have to be back on-prem. It's a little full circle for me when everything used to be on-prem and we moved everything to the cloud and now we're bringing back parts of it onto...

onto the premises as we need to protect those enterprise-specific data. So I would love to understand how he views all of that playing out going forward.

Okay, okay, Ashoka, stay with us for just a moment. I'm looking at some of the after-hours performance. NVIDIA shares up more than 4% after-hours highs. But then there are the other names, the other chip makers, those server assembly firms, Supermicro, Dell, in the memory space, Micron. Qualcomm is not as high as some of the others. Marvell, which got a shout-out on the call from NVIDIA.

Bloomberg, Zee and King, those after hours moves are interesting because basically the market is projecting a bit of confidence that all the big picture stuff that Jensen's been talking about for some time appears intact. In other words, a commitment to continue investing in the infrastructure that supports AI.

Yeah, I mean, they want Uncle Jensen to tell everybody that everything's okay, and that's essentially what he tried to do today. But what is important to pick up on what our guest just said, NVIDIA again said, guess what, these four or five big customers...

that are buying all of our gear, they're still 50%. So for the scenario that Jensen outlined to come true, which is that the enterprise is really using AI, that number has to go down. We have to see a large percentage

Go now. Yoko Yoshioca, who's Portfolio Consulting Director at Wealth Enhancement Group. We don't talk as often about Colette Kress, the CFO of NVIDIA, but she spoke for the first 25 minutes of that earnings call. And throughout it, she was going into great detail about all of NVIDIA's customers away from the hyperscalers, all kinds of healthcare and industrial and robotics and consulting firms.

But I don't quite understand that side of NVIDIA's business, the software side, where they're not just selling GPUs to those that are building data centers. Do you? I think it's more the AI factories that they were talking about in conjunction with the software. I think everybody needs to sort of pipe in and make sure they are getting AI in the manner in which they want to get it, whether it's through the public sector

cloud, which I think most enterprises are accessing some of that through that channel, or other ways. And I think everybody's trying to explore how best to get the most out of AI from NVIDIA.

There was some discussion in King about recent announcements from the Middle East. Actually, there wasn't a great lot of detail, particularly in how that relates to top line growth going forward. But there was something that Jensen said about what he's doing next week. He said, next week, I will go to Europe.

And in the context of further announcements, there's this expectation that Europe will start doing what others are doing, which is building out AI infrastructure. What did you make of that? And what was the sort of between the lines message, I think, that Jensen Wong was trying to share? Yeah, I mean, the underlying message here is, and this is a theme that he's been sort of forcing on us for a while, has been sovereign AI that a lot of companies...

sorry, a lot of countries around the world want to keep their data within their borders and that the only way to do that is to build systems locally. We obviously saw the announcements in Saudi Arabia, in the United Arab Emirates, and so he got asked, hey, when's this going to help you? Wouldn't answer that, but then he said, so will there be more announcements, Jensen? And he was like smiling, although we couldn't see him, and saying, I'm on my way to Europe, you can expect more announcements.

Ayako, part of the question that the analysts posed to Jensen Huang was that analyst saying historically, and remember, this company's been around a fair amount of time, there were moments on prior earnings calls where either Jensen Huang or Colette Kress would give the street something that

was evidence that the big picture investment cycle was intact over a multi-year horizon, is how the analysts put it, that they could see what was happening would continue. What was your reaction to the response to that question? Sure. I mean, I think it was pretty positive in that their vision for how AI is going to impact every industry, every country is different.

pretty spot on. It's been spot on. I think we're all trying to figure out how best to utilize it and what the parameters are, but it's impacting us in a true fundamental way. And I think that's something that NVIDIA has been talking about for quite some time. Jensen Huang talked about his relationship with President Trump. He said that he trusts the president, that the president has a plan and a vision. Whether you are

on the sell side or the buy side, when you listen to something like that, can you model for it the CEO of a technology company's relationship with the president of the United States and what that might mean for this company going forward?

That's a really difficult thing to model for, especially when headlines can make changes pretty quickly. I think the one thing that you can rely on is at least, you know, Jensen was talking about how manufacturing is going to be more high tech.

more automated. We're not talking about low tech coming back, low manufacturing coming back to the United States. And I think that's the vision that we want to see going forward, especially in the United States.

I'm just looking again at the after-hours trade. NVIDIA higher 4.3% in late trading. Looking at other movers, Supermicro, Dell, some of the server assemblers also higher, in part because of that broader confidence of what this means for AI infrastructure in King NVIDIA. Off its after-hours highs, though, there was a moment in the earnings call where

People started to say, have we answered the China question? I think it's worth recapping the basics. The outlook for the fiscal second quarter, $45 billion of revenue, possible minus 2%, but also this $8 billion figure of lost revenues because of the restrictions on H-20 in China. What were the other numbers that we needed to look at? Yeah, I mean, as our guest mentioned, you know, margins have been a concern, right? I mean, it's all a high-class problem, but...

what the company was able to do today, which I'm sure helped, was to say, look, despite all of the noise, despite all of the China, despite everything else, we are still on course to get back to that 75% range later this year. And again, that is an astronomically high level for a company that is in this particular industry. And the fact that there were even concerns about it heading towards 70% is kind of arguably a joke anyway. But

Again, Colette Crest, CFO, was, yep, don't worry, we'll get back there. Adding reassurance, adding back, I think...

to that list of ticked off concerns that Wall Street had about Nvidia? There is a longer term story about Nvidia's supply chain, Ioco, and that's that it is, like many others, onshoring. They are working to assemble more of the server design, the complete package that goes into the data center here in America, insofar as Nvidia can control it. Jensen Wang spoke really positively about that as one of the good pieces of news

But the cost of doing business in this country is higher than other places in the world. How do you prepare for that as an investor and when you think about Nvidia's quarterly earnings going forward?

Sure. So, you know, I think he's especially called out a lot of partnerships, too, with TSMC, especially in Arizona and the build out that they're doing out in Arizona. So I think, you know, that they're all talking about this and planning for this in a very methodical way. And, you know, the costs are going to be the cost. But I do think that, again, we're bringing back

higher tech. It's not going to be too low tech. And that is going to cost quite a bit and it's going to be difficult to do. But they're also generating just so much cash. I mean, to Ian's point, you know, margins at 75 percent on a company that's generating 120 billion plus in revenues. You know, we're talking free cash flow, which is just

astronomical for a company that was only generating $27 billion in annual revenue just two years ago.

Remember when a single technology glitch could bring an entire workday to a standstill?

I'm Mark Banfield, Chief Commercial Officer at TeamViewer. Today, most technical issues are recurring. If you know the patterns, these issues can be remediated before they impact your business. One major UK retailer discovered a single point of sale outage cost them around $1 million in lost sales during a single lunchtime. Now, using TeamViewer's digital workplace platform, the same company is able to identify and fix those issues before they even happen.

But proactive troubleshooting isn't just about the incremental improvements. It's about fundamentally reimagining how work happens for everyone. And the companies that move first get competitive advantages in terms of efficiency, productivity, and innovation. To find out more, visit bloomberg.com forward slash teamviewer.

The world is built on code. From the apps we use every day to the systems powering industries, developers like you are the architects of tomorrow. But let's be real. The road to innovation can get a little tricky. You need the right tools to move fast, but you also need a community to help you go further. That's where Microsoft comes in. Microsoft has the tools to help you move at lightning speed, like GitHub Copilot, VS Code, and a ton of AI resources to keep you on the cutting edge.

But here's the best part. You can build with confidence, knowing that Microsoft security and compliance are already taken care of. No more worrying about vulnerabilities or threats while you focus on your craft.

and with Azure AI Foundry, you can build your way. The future is yours to build, no strings attached. From ready-to-code tools to full flexibility, it's all in one place. The future's in your hands. So learn more at developer.microsoft.com/ai. Let's bring in NVIDIA CEO Jensen Huang following the company's earnings and analysts call. Jensen, thank you for your time here on Bloomberg Technology.

You went into great detail about what's happening, particularly in China. I just wanted to go over something that I felt wasn't asked, which is fiscal second quarter sales, $45 billion plus or minus 2%, $8 billion of lost revenue opportunity, specifically relating to China and H20. It seems as if you made up somewhere some demand for a different product or from a different geography or from a different corner of the market. What was that?

Well, we got a whole bunch of engines firing right now. The biggest one, of course, is the reasoning AI inference. The demand is just off the charts. You see the popularity of all these AI services now, ChatGPT, Gemini.

you know, so on and so forth, Grok, I mean, they're just doing incredibly well across the board. And all of the APIs that they serve out and all the agentic AI services that are built on top of them, they're all doing incredibly well. I think that there's just a giant breakthrough in AI's capability and inferencing has just become a giant workload. Second,

People realize that Blackwell is just a home run. MVLink 72 is a home run architecture. We designed it to be a thinking machine, a reasoning AI system. And I think people now, the confluence of the breakthrough in reasoning AI and the availability, now the emergence of Grace Blackwell, MVLink 72, perfect timing. I think that's at the core of

a big part of it. And the second part of it is that our supply chain is growing and we're really ramping it up and they're doing fantastically for us. And so all of these things are all coming together. And so it is fair to say that some of that additional supply on Blackwell and the demand for Blackwell kind of made up for the opportunity lost in China, at least in the outlook for this current period?

Yeah, I guess so. But you just can't underestimate the importance of the China market. This is the second largest AI market. This is the home of the world's largest population of AI researchers. And we want all of the world's AI researchers and all of the world's developers to be building on American stacks.

And so, irrespective of the near-term revenue success that we have, we can't ignore the fact that the Chinese market is very important. You explained again in some detail that at least in the Hopper architecture, you have engineered down to the lowest spec possible. It's not possible to do anything different with Hopper for the Chinese market.

But in your consideration for a different architecture or a chip for the Chinese market, is that what we're talking about, a new design or new class? And have you made that proposal to the administration, just designing from the ground up a new chip? We're still thinking through that. The limitations are quite stringent, quite limited, if you will. H20 is...

as far down as we could take a hopper. We don't know how to make it even less. And so that's really the limit. But so there aren't main, the limitations are quite stringent. So we have to really think through it. Whatever we make ultimately has to add value to the market. And so it's a really tight rope because

Because the Chinese competitors have evolved and advanced greatly over the last year. Like everybody else, they're doubling, quadrupling their capabilities every year. And the volume is increasing substantially. And remember, these are data center chips. They don't have to be small. They could be quite large. And without American technology, the availability of Chinese technology will fail the market. And so...

Whatever we offer has to at least be competitive and has to add value to the market. Jensen, does Huawei have an AI accelerator or a GPU that is performant as H20 or is performant of other classes of GPU that you make? Huawei's technology, based on our best understanding at the moment, and we have a lot of ground truth there, is probably comparable to an H200.

And so they've been moving quite fast. And they've also offered this new system called Cloud Matrix that scales up to even a larger system than our latest generation, Grace Blackwell. And so Huawei, as you know, is a formidable technology company, and they're not sitting still. And they look for ways to compete. And they're quite formidable.

With that in mind, you've kind of explained the landscape now, NVIDIA's ability to operate in China. I mean, you and I this year alone have already discussed the idea that there are 50% of the world's AI researchers in or from China. But are you having a sense of the vacuum created that those big names, I think about Tencent or Alibaba or Baidu that were buyers of H20, that they've already pivoted and turned to the offering from Huawei because of the policy that is in place?

Yeah, they have no choice but to, you know, one of the challenges of the changing regulations is the ability for markets to trust the NVIDIA and ultimately American platforms. And so it's prudent, I think, for the Chinese customers to make sure that they develop their stack on Huawei.

And because it's hard to rely on American technology at this point. And so that's one of the unfortunate parts of changing policies. But anyhow, I have every confidence that if able to compete, American companies will compete. This is to...

to write off American technology companies is not smart. This is the home of some of the brightest computer scientists in the world. American companies are incredibly competitive. We just have to have the confidence to go compete. And if we have the confidence to compete, we will win.

You said during the earnings call that you trust President Trump and that the president has a vision and a plan. Could I ask if you've talked to him about that plan and if it includes coordinating with Nvidia on policy adjustment that relates to changes in technology export controls? Well, obviously I don't know all of his ideas, but let me tell you about two that are incredible. The first one is utterly visionary. The idea

tariffs being a pillar of a bold vision to re-industrialize to onshore manufacturing and motivate the world to invest in the United States. It's just an incredible vision. I think this is going to be a transformative idea for the next century for us.

We're all in on the idea. We're setting up plants and encouraging our partners from around the world to invest in the United States, and we have a lot of stuff going on. And so I'm very excited about that. The second major idea is to rescind the AI diffusion rule, recognizing that this isn't about limiting American technology, but this is about accelerating American stacks globally.

around the world to make sure that before it's too late, that the world builds on American stacks during this extraordinary time, the AI era. And so these two initiatives are completely visionary and it's going to be transformative for America.

Jensen, in the time that you and I have been on air having this conversation, some news has broken from U.S. Secretary of State Rubio, who has said that the U.S. will begin revoking some Chinese student visas. What I wanted to ask you is that with U.S. government limits on foreign student visas, how does that impact a company like NVIDIA? I think about the size, but also composition of your engineering talent here in California and elsewhere in the United States.

I believe the administration still feels very strongly about the incredible importance of immigration. Look, I'm an immigrant. I know many immigrants that came to the United States to build a great life, and many of us have contributed greatly to the technology industry in the United States. I believe that that's going to have to continue.

Remember, people from all over the world want to come to the United States. This is such an extraordinary country with such incredible opportunities. We want the brightest to come here. We don't want everybody to be able to come here and there should be rules.

And but nonetheless, for the ones that really can make a contribution, wanna make a difference, we wanna make it possible for them to come here and bring their great ideas, bring their great intellect and help us build in a great America. And so I think the administration is all in on that and I don't think anything that they've said changes that.

Jensen, I surveyed our Bloomberg Technology audience around the world for questions for you. And I think the most common question is understanding who NVIDIA's customers are away from the hyperscalers. But actually, many questions about Elon Inc. and whether Tesla and XAI in aggregate might actually be one of the biggest customers you have. You think about not just the data center chips, but the chips specific for automations.

Optimus or in the cars, the Omniverse component. Could you speak a little about that? We do a lot of business with Tesla and XAI. Elon, as you know, is just an extraordinary engineer. And I love working with him. We've built some amazing computers together. We're going to build many more computers together. And the work that he's doing in Grok is

his self-driving car, his Optimus. These are all, every single one of them, world class. Every single one of them, revolutionary. Every single one of them are going to be gigantic opportunities. And we're delighted, I'm delighted to be working with him on that. And so I...

I think the optimist opportunity is just right around the corner. It's very likely that human robots are going to be robots that we can deploy into the world relatively easily. And this is the first robot that really has a chance to achieve the high volume and technology scale necessary to advance technology.

And so I think this is likely to be the next multi-trillion dollar industry. I'm very excited for him. Jensen, let's end by talking about Europe. You alluded to a trip you're taking next week. It sounds as if the infrastructure build-out in Europe is coming. Where will you be visiting and who will you be speaking with?

Well, I'm going to leave the WHO as a surprise for all of you, but I'll be seeing lots of heads of states and I'll be in France and UK and Germany.

and Belgium, and I think that the, it's very clear now that every country recognizes that artificial intelligence like electricity, like internet, like communications is part of a national infrastructure. No society could do without intelligence as you know.

And there's an awakening that every country has to take some initiative to ensure that their country and their society has access to artificial intelligence. And so we're really delighted to be able to work with the European countries

countries to bring AI infrastructure to them and work with them to build AI factories. There's an umpteen number of AI factory projects in discussion and development. And so I'm really excited to make this trip. We're going to be all over Europe. NVIDIA CEO, Jensen Wang, thank you. Thank you. Great to see you.

Okay, let's get reaction from the analysts. Gil Luria, DA Davidson Managing Director, joins us. Gil, whether it's to what you just heard Jensen Huang say or is it the numbers that you saw, what is your big takeaway of the last couple of hours? This result to a long list of accomplishments from NVIDIA. The fact that they can exceed expectations for the quarter and guide for sequential revenue growth

Well, one of their biggest markets, their second biggest market is really frozen, is very impressive. And that's why the stock's up after hours. This isn't as bad as it could have been considering the fact they had to stop selling H20s on April 9th into China and had to write off a substantial amount of inventory. So that's a significant accomplishment.

Other takeaway, though, is the company's been very careful in how it's communicated this message. But let me make it a little bit more clear. We are currently frozen out of China.

And if we remain frozen out of China, that's going to have a material negative impact on the results of the company, which is to say they probably will not be able to accomplish the goals that the consensus estimates have for them for next year if they can't get back into China. So they are actively lobbying the administration, the U.S. administration, to find a way to be able to return to the Chinese market.

And that seems to still be a negotiation. That's why the company is so effusive in talking about the administration. That's why the company is so clear about their reasoning for why they should be able to sell into China and how negative it would be if they are not able to sell into China.

Gil, stay with us. I want to bring in Bloomberg Intelligence Senior Analyst Kunjan Sabani to the conversation. You've published your React document. You have your model and your numbers. But you and I both agree the big question was where did the makeup come from on the demand side? Where did they sell to, noting the $8 billion lost revenue opportunity out of China?

If you unpack the numbers and put the H20 impact aside, this would have been a blown out quarter where they would have beat the result and the outlook by 7% and 10%, which they have not done in the last five quarters. What this means is, based on our math, that Blackwell did $3 billion above expectations. And remember, Blackwell expectations were not brought down, both in 1Q, 2Q. That's significantly important. Having said that, China's loss is a real revenue loss, but relatively so is it close for most of its competitors. IOS.

Jensen Huang, did Blackwell make up the shortfall? He said, I guess so. What's next? What happens for NVIDIA in that key market of China?

I mean, the one thing we were expecting them is to announce the new chip or any clarity around that. So I think that was the only negative out of today's call that we didn't get that. So might create some room for uncertainty and rumors or speculation when it comes to numbers going forward. But the other key important thing we saw today was that gross margin, again, taking the H20 ban out, came in better, which means the Blackwell yields and cost improvements are running better than we anticipated.

Dualuria, final word to you. What happens next for Nvidia? We need to get clarity on what are the restrictions of selling chips into China.

And given those restrictions, what is the product that NVIDIA can sell into that market? And how does it stack up against the Huawei product? I think you got Mr. Wang to acknowledge that the Huawei product is now caught up to the H200. So if all NVIDIA can introduce into that market is a product that's not as good as the H200, they probably have lost a significant part of that market. We need to get clarity on that. I would expect us to get that clarity in the next few weeks and months.

Gil Iria, DA Davidson Managing Director, along with Bloomberg Intelligence Senior Analyst Kunjan Sabani. Thanks to you both. That does it for this special edition of Bloomberg Technology. Don't forget to check out our podcast. You can find it on the terminal as well as online on Apple, Spotify and iHeart. From San Francisco, this is Bloomberg Technology.

Developers like you are building the future, but you need the right tools to move fast and go further, right? That's where Microsoft comes in. With tools like GitHub Copilot, VS Code, and Azure AI Foundry, you have everything you need to push the limits and bring your ideas to life faster. And with security, compliance, and responsible AI built in, you can focus on what matters most, building the next big thing. Learn more at developer.microsoft.com.

Let's talk about.

This is an iHeart Podcast.