Is the development competition between the US and China intensifying?!

Chinese companies like DeepSeek and Moonshot AI, claiming to have the same performance as OpenAI's inference model 'o1-preview', have introduced products. DeepSeek even released a product of similar performance in a week when OpenAI's 'o1 full' was rumored to be coming soon. (By the way, an '4o' update was released by OpenAI that week) In the future, I still feel the room for growth of NVIDIA's products from the ongoing development competition in inference performance. On the other hand, the advancement of technical catch-up and semiconductor indigenization may also become a concern for national security.