Very different races. The incentives in north america favor software-esque plays where the players are racing towards % of marketshare based on usage. China o

Very different races. The incentives in north america favor software-esque plays where the players are racing towards % of marketshare based on usage. China on the other hand is driving towards winning of manufacturing and % of hardware produced by them. China is competing with Nvidia, OpenAi and Anthropic are collateral damage.