US Treasury Secretary Bement publicly claimed that the United States is poised to control 80% of the world's computing power, positioning computational dominance as a core pillar of US economic strategy. This statement from the highest policy-making level provides strong policy endorsement for ongoing investment in US AI infrastructure.
Recently, on the Mike Rowe program, Bement stated that the US currently holds about 50% to 60% of the world's computing power share and expects this proportion to rise to 80% soon. (We probably used to have 50 or 60% of the compute power in the world. We'll probably soon be at 80%.) He characterized this computing power race as a strategic contest the US "must not lose," stating that if a rival gains a leading position, the strategic leverage it would obtain would be "unacceptable." He also noted that the US currently leads its competitors in the AI field by about a year.
This statement quickly drew market attention. Analysts pointed out that policy statements at the Treasury Secretary level essentially provide "national-level backing" for long-term capital expenditure on US AI infrastructure, directly benefiting the demand outlook for chip companies like NVIDIA and the capital expenditure cycle of hyperscale cloud computing providers.
Bement's Core Argument: Computing Power Equals National Power
On the program, Bement explicitly placed AI computing power within the strategic framework of national economic strength. He listed artificial intelligence, semiconductors, and quantum computing as the three pillars of US national economic strength and security.
From the perspective of an economic historian, he defended the social impact of AI technology, citing historical precedents like the automobile and Google search, emphasizing that while technological innovation brings short-term pains, it ultimately creates more opportunities in the long run. He specifically pointed out that AI will empower small businesses to compete on the same stage as large enterprises and stated that so far, no net job losses caused by AI have been observed.
At the policy level, Bement mentioned that the government is actively promoting deep cooperation between federal agencies and the private sector in the field of AI cybersecurity and supports the implementation of related executive orders. White House AI lead David Sacks previously held the same position, publicly advocating that the US must do whatever it takes to maintain its lead in computing power and model capabilities.
Signals and Risks Investors Need to Watch
For market participants, the policy signal from this statement is clear: the US government will continue to support domestic AI infrastructure construction, and the related capital expenditure cycle has long-term support at the policy level.
However, analysts also advise caution. There is currently no public, authoritative statistical standard for "computing power share"; the 80% figure is a predictive judgment made by a policy official, not audited measured data. According to analysis by Podcast Alpha, investors should focus on quantifiable physical metrics like actual capacity expansion and electricity infrastructure construction, rather than making decisions based solely on policy pronouncements about computing power share.
Verification data from independent third-party research institutions, as well as specific figures in future semiconductor industry tracking reports and cloud infrastructure reports over the next few quarters, will be key evidence for testing whether this policy expectation can be fulfilled.
This article is from the WeChat public account: Wall Street Insights , author: Zhao Ying
