Semiconductor Chip War: America's Edge Over China
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 10 October 2023
⏱️ 24 minutes
🧾️ Download transcript
Summary
Patrick Bet-David explains the importance of semiconductor chips and how the United States and China compare in their chip-building capabilities. PBD also discusses how the Biden administration's new restrictions on China are making it difficult to build their own semiconductor chips. Protect yourself against CBDC control with - American Hartford Gold https://offers.americanhartfordgold.com/patrick-bet-david/ Text PBD to 65532 or call 866-939-6984 Connect With Experts On Minnect: https://bit.ly/3toSqq9 Want to get clear on your next 5 business moves? https://bit.ly/3LSmelq Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Text: PODCAST to 310.340.1132 to get the latest updates in real time! Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves https://youtu.be/g-g4UYd1M-s
Transcript
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| 0:00.0 | Why is everybody talking about semi-conductor chips and why should you know about it because your world |
| 0:06.0 | Revolves around semi-conductor chips. You want to know why you know the car you drive? |
| 0:10.2 | How many semi-conductor chips do you think's in your car? You know how to low? You know what that number is not |
| 0:15.6 | 14 maybe you said 82 222 |
| 0:18.1 | What if I told you the least it's |
| 0:20.8 | 1400 chips all the way up to |
| 0:23.6 | 3,000 and the average chip could be around pennies on a dollar to 50 bucks and on top of that |
| 0:28.3 | Because of this challenge you're having would not enough of these semi-conductor chips being made car manufacturers have changed their lead time |
| 0:35.3 | From taking three to four months to build a car to 10 to 12 months to build a car |
| 0:39.3 | It's such a big issue in that automotive industry that they've set from 2021 to 2023 |
| 0:44.2 | They're taking 20 million cars off the conveyor belt |
| 0:46.8 | They just can't hit the timeline and by the way |
| 0:48.3 | You know how long it takes to build a chip anywhere between 10 to 12 weeks all the way up to 20 weeks for the complicated chips and in |
| 0:54.8 | 2021 you want to know how many chips we built 1.141 trillion chips |
| 0:59.6 | So look I don't want to give you you know information overload just on the intro all I want you to know is this is something |
| 1:05.0 | We have to be aware of because our cars don't run without any chips and a lot of things don't and today |
| 1:10.4 | It's become a political issue between China Taiwan U.S. and many different places. We're gonna talk about that today |
| 1:15.8 | Okay, so if you have out of this video give it a thumbs up and subscribe to the channel |
| 1:19.0 | Okay, so semi-conductors, right? |
| 1:21.0 | I mean you got better things to be thinking about |
| 1:22.6 | But this is something we all need to know a lot about and semi-conductors |
| 1:25.6 | It's not about everybody. So it's Taiwan. No, no, it's China's the leader |
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