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

To: w0z who wrote (14666)	10/17/2022 3:19:14 PM
From: Kirk ©	2 Recommendations Recommended By sixty2nds Sr K Respond to of 26520

I was shocked it was not front page of the SJ Mercury... the paper for the Silicon Valley. I posted an article from Australia on my FB page facebook.com Biden Nukes China's Semiconductor Industry CHINA’S SEMICONDUCTOR INDUSTRY ROCKED BY US EXPORT CONTROLS This is shocking news. Did anyone close to the current administration have advance warning to sell semiconductor related stocks? The controls caused the “complete collapse” of China’s semiconductor industry overnight, according to one expert. “To put it simply, Biden has forced all Americans working in China to pick between quitting their jobs and losing American citizenship. “Every American executive and engineer working in China’s semiconductor manufacturing industry resigned yesterday, paralyzing Chinese manufacturing overnight.