SI
SI
discoversearch

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: Elroy who wrote (24058)4/16/2025 4:21:48 PM
From: Kirk ©  Respond to of 26767
 
I was thinking more along the lines of factories
  1. that employ workers who dress up in bunny suits before operating billions of dollars worth of capital equipment made by firms I own to build chips now made by skilled workers in Taiwan.

  2. that employ less skilled workers in Mexico to assemble auto parts into autos to ship across the border into the US under the last Trump trade agreement that replaced NAFTA.

We made chips that I designed right here in Palo Alto until we moved the plant to larger buildings in San Jose.... then eventually moved the business out of the country using contract manufacturing as nobody here was high on paying 9.75% CA sales tax at the time to buy $1B worth of equipment to compete with others who didn't have that sales tax or high income tax on profits to ship those chips to China and Malaysia for assembly into goods sold to many countries besides the US.

We still assemble parts into autos across the Bay in Fremont at a Tesla factory and bigger factory was built in Nevada outside Reno to build batteries... or assemble Panasonic battery cells into Tesla Auto battery packs.

Loads of jobs building BMWs on the East Coast at Spartanburg.... I ordered a custom X3 off that assembly line in 2011 after they did a major model refresh and it still seems new, with only 28K miles on it.

Not all the assembly jobs are crap.