Howard Lutnick

Do you want to sell China some chips and keep them using our tech and our tech stack?

Or do you say to them, look, we're not going to sell you our best chips.

We're just going to hold off on that.

And we're going to compete in the AI race ourselves.

So that is the question.

It's in front of the president.

He's going to decide.

It's a really, really interesting question.

He's got all the information.

He's got lots and lots of experts talking to him.

And he's going to decide which way he wants to go forward.

Yeah, just to riff off that, where the United States gets electricity today in order, natural gas by far, then nuclear, then coal, those three sources are 75% of US electricity and 90% of what matters, which is electricity that's there whether the sun's shining or the wind is blowing.

But we had in the previous administration's plans to remove three and a half gigawatts of hydropower.

We're gonna stop that.

There's plans between now and 2030 to close 100 gigawatts of power plants, 100 gigawatts.

and we're stopping most all that.

I see the head nodding.

If we need to add 100, after the meetings they had this morning, I think it's more than 100 gigawatts in the next five or seven years, the first thing to do is stop subtracting 100 at the same time you want to add 100.

But I think America became great by big, bold people making big, bold investments.

That's where we got here.