BAE SYSTEMS CHIP TAKEOVER | Wallstreet Trapper (Trappin Tuesday's)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 β’ 2K Ratings
ποΈ 17 December 2023
β±οΈ 12 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
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| 0:00.0 | So watch this. The Chips Act about to boom. |
| 0:02.7 | Base systems become the first supercomputer chip company |
| 0:06.4 | that will receive 35 million dollars, Jose. |
| 0:11.1 | They're going to receive 35 million dollars under the CHIPS Act that Joe Biden |
| 0:15.2 | pledged to give away about $52 billion for the development of and |
| 0:21.9 | manufacture chip companies here in America. |
| 0:24.0 | Now here's what I think what happens right here. |
| 0:26.0 | Remember when China said we're not attacking Taiwan, we just got these ships sitting there just in case. |
| 0:32.0 | Kind of like pulling a gun on somebody, say I'm not going to shoot. when we just got these ships sitting there just in case. |
| 0:32.8 | Kind of like pulling the gun on somebody, |
| 0:34.3 | say I'm not gonna shoot you, I'm just testing my aim. |
| 0:37.2 | So we'll see how this look when I pull the trigger. |
| 0:40.2 | Well, America at that point understood, listen, you know what, if China takes Taiwan, then that puts us in a pickle, |
| 0:48.0 | because Taiwan represents 70% of the chips made in the world. |
| 0:55.0 | So if China gets hold to that, |
| 0:58.0 | if China takes Taiwan and China gets hold to that, |
| 1:00.5 | it's just a game change. |
| 1:01.5 | So America's like, you know what? We can't be a part of that. We got to get out of family business. |
| 1:07.0 | The one thing I'm, Jose, the one thing I'm all for is getting out of family business. |
| 1:12.0 | Here's why. is getting out of family business. |
| 1:13.4 | Here's why. |
| 1:14.7 | Family gonna stick together. |
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