Part 8/11:
Furthermore, as the race towards Artificial Intelligence (AI) accelerates, the control over AI-related chip fabrication becomes critical. Elon Musk has acknowledged that the U.S. is presently ahead in hardware; however, software development is where China is making rapid advances. The ability of Chinese firms to innovate in software while utilizing their own semiconductors suggests that they can effectively push ahead even without the latest technologies from U.S. giants.