US-China AI Race Expands to Energy, Chips, and Mineral Supply Chains

The US-China AI competition has shifted from model development to control over energy, semiconductor, and mineral infrastructure, with US firms projected to invest $800B in AI by 2026 versus $100B in China per Deutsche Bank. This reflects a strategic pivot toward securing critical inputs, potentially reshaping global supply chains and geopolitical leverage. The scale disparity suggests US dominance in capital, but China's state-coordinated approach may offset this.