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Trappin Tuesday's

BAE SYSTEMS CHIP TAKEOVER | Wallstreet Trapper (Trappin Tuesday's)

Trappin Tuesday's

Wallstreet Looks Like Us Now Network

Business, Wallstreet Trapper, Investing, Entrepreneurship

4.9 β€’ 2K Ratings

πŸ—“οΈ 17 December 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

BAE SYSTEMS CHIP TAKEOVER | Wallstreet Trapper (Trappin Tuesday's) FAST, SIMPLE & EASY STEPS TO BECOMING A STOCK INVESTOR: https://www.jumpinofftheporch.com/ πŸšοΈβš–οΈ Join our Exclusive Patreon!!! Creating Financial Empowerment for those who've never had it. https://www.patreon.com/Wallstreetlookslikeusnow πŸ’°πŸ’΅πŸ€‘ We Trappin!! πŸšοΈβš–οΈ From the streets to the stock market. Every Tuesday we bring financial empowerment to those who feel like they don't have the power. We are Trailblazing our way to...

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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