$Intel(INTC)$ The CHIPS Act is

2023-03-02

$Intel(INTC)$ The CHIPS Act is a dumb idea designed to entrench politicians and bureaucrats; all they needed to do was to impose (with sufficient advance notice) an import tariff on semiconductor imports to equalize the labor arbitrage between the US and Korea/Taiwan, with said tariff coming into effect, say, in three equal steps over three years starting in 2024

The markets and private capital would have taken care of the rest

Obviously the tariff would go against WTO rules (as would the CHIP Act subsidies), but government lawyers and bureaucrats can actually earn their salary by finding an appropriate workaround to that.

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

boomer9595
2023-03-02
boomer9595
ok
Chani
2023-03-02
Chani
Noce
WM.
2023-03-02
WM.
fkkd
Timtan85
2023-03-02
Timtan85
Yeah
Joru
2023-03-02
Joru
Ok
JulianAlson
2023-03-02
JulianAlson
k

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9940185035,"tweetId":"9940185035","gmtCreate":1677754226527,"gmtModify":1677754709443,"author":{"id":9000000000000334,"authorId":9000000000000334,"authorIdStr":"9000000000000334","name":"ZonaMatthew","avatar":"https://static.tigerbbs.com/f0c95f558bdc0b169aeac2db30419dc8","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":27,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/641d4dba53ec8621e03e8005c1d18dab","width":"-1","height":"-1"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/641d4dba53ec8621e03e8005c1d18dab","width":"-1","height":"-1"}],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> The CHIPS Act is a dumb idea designed to entrench politicians and bureaucrats; all they needed to do was to impose (with sufficient advance notice) an import tariff on semiconductor imports to equalize the labor arbitrage between the US and Korea/Taiwan, with said tariff coming into effect, say, in three equal steps over three years starting in 2024The markets and private capital would have taken care of the restObviously the tariff would go against WTO rules (as would the CHIP Act subsidies), but government lawyers and bureaucrats can actually earn their salary by finding an appropriate workaround to that.<img src=\"https://community-static.tradeup.com/news/641d4dba53ec8621e03e8005c1d18dab\" tg-width=\"-1\" tg-height=\"-1\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> The CHIPS Act is a dumb idea designed to entrench politicians and bureaucrats; all they needed to do was to impose (with sufficient advance notice) an import tariff on semiconductor imports to equalize the labor arbitrage between the US and Korea/Taiwan, with said tariff coming into effect, say, in three equal steps over three years starting in 2024The markets and private capital would have taken care of the restObviously the tariff would go against WTO rules (as would the CHIP Act subsidies), but government lawyers and bureaucrats can actually earn their salary by finding an appropriate workaround to that.<img src=\"https://community-static.tradeup.com/news/641d4dba53ec8621e03e8005c1d18dab\" tg-width=\"-1\" tg-height=\"-1\"></body></html>","text":"$Intel(INTC)$ The CHIPS Act is a dumb idea designed to entrench politicians and bureaucrats; all they needed to do was to impose (with sufficient advance notice) an import tariff on semiconductor imports to equalize the labor arbitrage between the US and Korea/Taiwan, with said tariff coming into effect, say, in three equal steps over three years starting in 2024 The markets and private capital would have taken care of the rest Obviously the tariff would go against WTO rules (as would the CHIP Act subsidies), but government lawyers and bureaucrats can actually earn their salary by finding an appropriate workaround to that.","highlighted":2,"essential":1,"paper":1,"likeSize":26,"commentSize":18,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/9940185035","repostId":0,"isVote":1,"tweetType":1,"viewCount":515,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["INTC"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":529,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105928392,"gmtCreate":1677755365712,"gmtModify":1677755368840,"authorId":3572356875693179,"author":{"id":3572356875693179,"authorId":3572356875693179,"name":"boomer9595","avatar":"https://static.tigerbbs.com/a1c28a016b3392fde65eec18f24c3012","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9940185035,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105928389,"gmtCreate":1677755350722,"gmtModify":1677755353853,"authorId":4138269675760892,"author":{"id":4138269675760892,"authorId":4138269675760892,"name":"Chani","avatar":"https://community-static.tradeup.com/news/a729d71003dfcd95ff6c7389a60d8211","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9940185035,"type":1,"supId":0,"prevId":0,"content":"Noce","text":"Noce","html":"Noce","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105928384,"gmtCreate":1677755310891,"gmtModify":1677755314017,"authorId":4097809573246800,"author":{"id":4097809573246800,"authorId":4097809573246800,"name":"WM.","avatar":"https://static.itradeup.com/news/2f4f9b29ba76b42d40e93f5a74e1cdad","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9940185035,"type":1,"supId":0,"prevId":0,"content":"fkkd","text":"fkkd","html":"fkkd","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105928383,"gmtCreate":1677755310314,"gmtModify":1677755313949,"authorId":3573460795152662,"author":{"id":3573460795152662,"authorId":3573460795152662,"name":"Timtan85","avatar":"https://static.tigerbbs.com/5ac241a703d94ceba483abb0655d0b6b","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9940185035,"type":1,"supId":0,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105928372,"gmtCreate":1677755263121,"gmtModify":1677755266802,"authorId":3586684657162382,"author":{"id":3586684657162382,"authorId":3586684657162382,"name":"Joru","avatar":"https://static.tigerbbs.com/fd39d71a61b37da83d9d23a2f010aaae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9940185035,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105928371,"gmtCreate":1677755263005,"gmtModify":1677755266276,"authorId":3575352038769618,"author":{"id":3575352038769618,"authorId":3575352038769618,"name":"JulianAlson","avatar":"https://static.tigerbbs.com/a4f9fadbfd2a54fe54a080c1732d41f9","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9940185035,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9940185035"}