My guess is if they were unable to make them the market would crash on their (Taiwan) chips. Which is why it is smart to have us bring the manufacturing of them home. I am not sure where everywhere they are being manufactured, but other countries would likely see their companies stocks rise.
The pelosi husband stuff is generally accurate, sort of is what it is, I would find it incredibly hard to believe he doesn't act on inside info...but I would argue so what and what does it matter. His inside info isn't really that secret, but yes, he does make trades around when decisions get made. Everyone does because legislation effects stocks. I'm sure he can get better info than the rest...but it's not like a whole bunch of other people don't know what is coming down the pipe and what will pass, congress involves a boatload of people.
If it isn't secret and decisions are being made by the best investors, I am not sure if it would look that much different, which makes the whole conspiracy stuff so easy to sell. I don't know the guy one way or the other, or even looked at his trading history or anything of the sort, but find it hard to buy into this kind of stuff after the last decade of right wing propagandists trying like hell to spread anything and everything they can about Pelosi (and anyone else with power in the Democratic party) unless there are actual reporting done on it or indictments.
Mr. Pelosi invested over a million in the semiconductor industry before the bill including 70billion support for that industry. And he dumped more, taking a big loss:
That sums it up. They can flex all they want, they’re not going to risk what they built up over the past decades, the very source of their power.
I am unable to open Reuters for some reason, but if I am getting the timeline right, he sold after the senate advanced the bill (a couple weeks ago), but before the house passed it?Mr. Pelosi invested over a million in the semiconductor industry before the bill including 70billion support for that industry. And he dumped more, taking a big loss:
Pelosi's husband dumps Nvidia stock as House eyes chip bill
U.S. House Speaker Nancy Pelosi's husband sold his shares of chipmaker Nvidia on Tuesday, days before the House is expected to consider legislation providing subsidies and tax credits worth over $70 billion to boost the U.S. semiconductor industry.www.reuters.com
If anything, it’s good material to spin. The suggestion Mrs. Pelosi is trying to trigger ww3 to make money on chips is of course completely ludicrous. Putting aside the cynicism, there’s no guarantee it would a profitable decision.
The world, including China, can at this moment anyway, not do without those chip factories in Taiwan. China can’t easily do without the 50% of Taiwanese graduates who work in China either, they need their brains. People heavily underestimate the knowledge and skills and technology required to make the semiconductors Taiwan makes. It’s not like Samsung making knockoff iPhones, it’s like competing with NASA. There’s only one company in the world that makes the $200-300mil machines required to make today’s advanced chips as Taiwan does, ASML, and there’s only one country they explicitly don’t sell to: China. Since it’s pretty much impossible to conquer Taiwan by force while leaving the factories and supply chain intact, China would have to be willing to economically self-destruct, nobody would be hurt more than China. Putin didn’t care about that but I don’t think China is inspired by Russia‘s current situation. China is catching up, and Taiwan is at serious risk, but not today, nor next month.
That sums it up. They can flex all they want, they’re not going to risk what they built up over the past decades, the very source of their power.
Are you serious or just trolling? This is all just public posturing on both sides. I don't understand what Pelosi is trying to do. It's completely ludicrous to say this might trigger the invasion of Taiwan.
I signed up but my password isnt recognized, shrug
Can you explain why Pelosi's visit will, in your opinion, trigger war between the US and China?
We have had such outrageous predictions coming from the Big Lie Republicans that this one is just boring.
are you seriously saying this reads as agreement?
That's the rub, normal stuff looks pretty suspicious based on who it is. However, it isnt some sort of elite company specific knowledge like people normally think of when it comes to insider trading. There isn't a way for it not to look bad though.
You know, sometimes when somebody says something that makes no sense to me, I ask for an explanation. You gave none. As far as your trying to belittle me, forget it. That's kid stuff. OK, so, I will just assume you are talking your feelings that are not based upon thought. This is what sub-average people do.
because possibly a vastly experienced senior statesperson is what is needed for this saber dance?