And winning the AI race means we have to work hand in glove with our allies to ensure that these technologies are not acquired by the prc. And we know the stakes if we don't accomplish that job. In the same way that China has captured the supply chain for the production of processing critical minerals. they have designs to capture the manufacturing capacity for advanced semiconductors. Then they'll do what they've always done, which is undercut worldwide competitors with government subsidies and then corner the market so that they become the only supplier holding the rest of the world hostage. (05:53–05:59)
CLAIM
Asserts that China controls the supply chain for critical minerals.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
