Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (14477)	9/12/2022 11:09:32 AM
From: Sun Tzu	Read Replies (1) \| Respond to of 27133

She is saying that yes, this is a good bill, but I don't personally benefit from it so I prefer to score an easy point as a fiscal conservative. What makes this a good bill is that 75% of the spending is meant for leading edge tech. Also, they are not wrong that there is a national security need for it. The flaw is that companies will have to promise not invest in China for the next 10 years, not even for mature chips. So I am not sure how many companies will sign up for it. Of course Biden can always kill the Chinese market for them by restricting exports (and he will formalize that). So perhaps they don't have much of a choice.