Rory Stewart

It's probably not, but maybe even then.

Absolutely not too late because the world still hasn't kind of woken up.

There is already a differential in terms of hard power from the US and other countries, but other countries do have some.

The Netherlands has ASML, which produces 100% the entire world production of, they're called extreme ultraviolet lithography machines.

And I would thoroughly recommend everyone to go and look into this.

There's a great Veritasium video on YouTube.

It's very fun.

It's the most sophisticated technology in the world, essentially.

It's one company, ASML, it's called.

Was the government involved?

I don't think...

Not to my knowledge, no.

Because there was just lots of companies tried.

We'll talk about the technology.

So imagine these machines.

They're so big they have to be moved in several Boeing 747 jumbo jets.

And what they are doing is etching designs of chips that are, if you look at your fingernail, see how much it grew in the course of a second?

That's how fine these huge machines are etching chips.

It involves these incredible processes like firing little drops of tin, 50,000 of them per second, that get zapped three times in order to generate the ultraviolet light that is creating these etchings.

So it's just extraordinarily difficult technologically.