This is good news

[jon-nyc]

[Klaus]

Why is this good news? Independence?

[Horace]

It reminds me of Micron, the 4-bagger that was, after Trump's tariffs in april. It has languished for so many years. A guy named David Tepper used to be a big believer, but he's long since sold. He was considered the greatest human stock picker in America at one time. He became a billionaire on wall street at some point and bought his ex-boss'es ex-house, then destroyed it, just for the fun of it. A guy who holds grudges. But his grudge in this case did not outlast the market. Micron fell to 60 after Trump's tariffs in April, and is now 240. Another obvious in hind sight play, along with Intel, after America invested in them. It's never too late.

[jon-nyc]

@Klaus said in This is good news:

Why is this good news? Independence?

Yes. He’d build it in Texas, not Taiwan. And that’ll be never be a part of China.

[xenon]

That's huge. Very high investment and very steep learning curve. Glad someone is doing it.

[Axtremus]

Tesla is the right company to do it, because it needs high-powered IC, very different from the rest of the chip-making world's focus on low-powered, energy efficient chips.