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Scott Bessent: “The US is going to have 70 or 80% of the global computing…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Paul Gigot in Conversation with U.S. Treasury Secretary Scott Bessent

Published | Video Starts at 20:56

So that's, and those are semiconductors advanced chips as well. A lot, a lot of that. And that you know I, I've seen studies that say that in, in a few years The US is going to have 70 or 80% of the global computing power [in a few years]. So we were in the 30s, now I think we're in the 50s and we're well, well on our way and but that puts all the more focus on production … (20:56–21:07)

CLAIM

Asserts that the US will possess 70 to 80% of global computing power in the near future.

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