$Taiwan Semiconductor Manufacturing(TSM)$
$Ginkgo Bioworks Holdings Inc.(DNA)$ 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.
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