China Has Too Much Leverage Over US, Says Anduril's Luckey
NegativeFinancial Markets

Palmer Luckey, the founder of Anduril, has raised concerns about the United States' heavy reliance on China for critical resources like rare earths and semiconductors. During an appearance on Bloomberg Tech, he emphasized the importance of reducing this dependency, noting that Anduril has made significant strides in distancing itself from Chinese supply chains. This issue is crucial as it highlights the vulnerabilities in U.S. national security and the need for greater self-sufficiency in technology and defense sectors.
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