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Niall Ferguson, a senior fellow at the Hoover Institution at Stanford University, stated that China's dramatic surge in electricity generation has created an edge that will be pivotal in the ongoing AI race. He noted that following the launch of the trade war by U.S. President Donald Trump, China adopted countermeasures and leveraged its dominance in rare earths. These measures made the U.S. realize that China is a formidable competitor. Ferguson believes that Trump is moving toward a direction of détente with China.