JudithGrant
03-11

$Taiwan Semiconductor Manufacturing(TSM)$

$Ginkgo Bioworks Holdings Inc.(DNA)$ The very near term Thesis and why Jason Kelly repeatedly mentions TSMC is that he wants Funding from The CHIPs Act. Which awarded $5 Billion yesterday to $Taiwan Semiconductor Manufacturing(TSM)$

The law that was passed basically gives $32 BILLION to build Semiconductors in the USA and another $11 Billion for R&D. The law is thought to be all about Semicionductors but it’s also about SCIENCE and Innovation. Secondly, the BIOSECURE Act is now on the table and likely passes soon with a far easier path. Jason Kelly on the earnings call was pleading his case to think of Ginkgo Bioworks as Taiwan Semi.

People misinterpreted what he was saying because $NVIDIA Corp(NVDA)$ was attached to the sentence. Without TSMC, there really is no Nvidia or at least they are a fraction of the size. Jason Kelly wants to be (lead the World) in enabling the Bioeconomy to explode in the USA, not elsewhere. I wouldn’t be surprised to see DNA get a $100-$250 Million Grant to swiftly finish Biofab1 in Boston. Maybe the amount is more.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
2