NVIDIA CEO, Jensen Huang, warns that America's lead in AI is far from secure.

He breaks down the US-China AI competition into what he calls a "five-layer cake."

And while the US dominates some layers, Jensen sees critical vulnerabilities in others...

1) Energy:
China has twice as much as the US despite a smaller economy. Which "makes no sense" to Jensen.

2) Chips:
The US is "generations ahead," but Jensen warns against complacency. "Anybody who thinks China can't manufacture is missing the big idea."

3) Infrastructure:
Standing up a data center in the US takes about three years. In China? "They can build a hospital in a weekend."

4) Models:
US frontier models are "unquestionably world class," but "China is well ahead, way ahead on open source."

5) Applications:
Public sentiment differs sharply. Ask both populations whether AI will do more good than harm, and "in their case 80% would say AI will do more good than harm. In our case, it'd be the other way around."

Jensen's warning is clear.

Leading in chips and frontier models isn't enough when you're behind on energy, infrastructure speed, open source, and public trust.

Winning the AI race requires strength across the entire stack, and right now, the US has work to do.