I find it unlikely that one of these will happen:
- China will gain access to the chips required to reach this level and also have such efficiency that other companies fare worse
- China will make huge efficiency jumps that other companies won't make too
I can imagine two ways this could happen, both unlikely but definitely possible:
1. Israel-Gaza war ends with a peace treaty in the next ~3 months, and peace treaty includes some huge pro-Palestine compromise -- enough to "make up" for Israel's somewhat more tarnished appearance internationally since the Oct 7 attack.
2. Israel politicians and [?] politicians make some shady politically-motivated deal to normalize relations, in exchange for some major favor -- e.g. Israel sending them weapons. This could happen soon specifically because Netanyahu, Israel's PM, is somewhat desperately looking for more "wins" to stay in power.