NYSE:NOV News 3 January 2026

February 1, 2026, 2:18 PM EST. The U.S. faces strategic risks by permitting AI chip sales like the H200 to China, potentially aiding China's military AI ambitions. Expert Chris notes China already uses U.S.-origin chips militarily, fueling its growing AI ecosystem, which impacts the long-term tech competition. On AI models themselves, China is nearly on par with U.S. leaders like OpenAI and Anthropic, but the U.S. maintains a commanding edge in chip manufacturing, particularly advanced chips produced mainly in Taiwan and Korea. Despite investments in domestic chip manufacturing, U.S. progress is slow compared to rising demand, raising questions about future technological independence and security concerns amid the fast-paced AI race.