General Discussion

zonemaster

(252 posts)

20. This bill is mainly for chip fabs, and Nvidia doesn't fab its own chips

Tue Jul 19, 2022, 12:46 PM

Jul 2022

Nvidia uses TSMC and Samsung, both overseas companies with overseas fabs. Intel would be the big winner as the bill currently stands, since they have a lot of domestic fab capacity. If Congress appropriates some of the money to chip design, not just manufacture, this would possibly be a bigger deal for Nancy Pelosi.

Chip stocks have been pounded, recently. He may just be buying it on the dip.

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Nancy Pelosi's husband buys millions worth of Nvidia stock ahead of chip-manufacturing bill vote [View all] 867-5309. Jul 2022 OP

It should cilla4progress Jul 2022 #1

Don't like it at all Mike_in_LA Jul 2022 #2

This message was self-deleted by its author mahatmakanejeeves Jul 2022 #3

If a Repuke did this, everyone would be shrugging their shoulders FakeNoose Jul 2022 #4

On the other hand blueknight73 Jul 2022 #11

+1 Celerity Jul 2022 #32

Exactly nt Raine Jul 2022 #36

Some Democrats would be screamed at just not any of the Leadership SunImp Jul 2022 #39

Republicans did it with early COVID PPE, pulled out of restaurant and other hospitality stocks. TheBlackAdder Jul 2022 #29

Yes they did and it was outright FRAUD FakeNoose Jul 2022 #31

Yeah, it's a bad look. AndyS Jul 2022 #5

The Rs have no power to amend bills in the House. former9thward Jul 2022 #44

Bad Look Baggies Jul 2022 #6

Thanks for the stock tip... Beachnutt Jul 2022 #7

lol 867-5309. Jul 2022 #13

My thought exactly! Native Jul 2022 #17

He's doing something legal? Yawn. onecaliberal Jul 2022 #8

As long as it's not due to inside information then Elessar Zappa Jul 2022 #9

That's what's tough about it 867-5309. Jul 2022 #24

That doesn't mean it's insider trading. Elessar Zappa Jul 2022 #26

What exactly is the actual concern? Torchlight Jul 2022 #28

Yeah, I think there was a lot of media buzz even before the bill was written. TheBlackAdder Jul 2022 #30

Put me down as who gives a rats ass. pwb Jul 2022 #10

Congress to try to increase semiconductor manufacturing... brush Jul 2022 #12

This really has to be made illegal. Voltaire2 Jul 2022 #14

+1 Celerity Jul 2022 #33

This is wrong Bettie Jul 2022 #15

Looks bad jonstl08 Jul 2022 #16

Not a problem. The bill is obviously public information. Anybody Tomconroy Jul 2022 #18

Not s crime, but a terrible look months before the election Raven123 Jul 2022 #19

This bill is mainly for chip fabs, and Nvidia doesn't fab its own chips zonemaster Jul 2022 #20

The House passed its version of the bill in February gratuitous Jul 2022 #21

Yeah Calculating Jul 2022 #22

Relevant to include that Nvidia does not manufacture chips Torchlight Jul 2022 #23

This is from the daily caller a right wing source and should not be posted here Demsrule86 Jul 2022 #25

Of course it should. No one else or their spouses can trade on inside information and beaglelover Jul 2022 #27

Was the purchase made before or after the bill was announced? Victor_c3 Jul 2022 #34

After. W_HAMILTON Jul 2022 #41

As long as it's above board, I'm alright with it Victor_c3 Jul 2022 #42

It hasn't passed the Senate 867-5309. Jul 2022 #45

GOOD!! Dems need money too! nt Samrob Jul 2022 #35

They have billions of dollars already Raine Jul 2022 #37

I really don't get the drive to be worth billions Victor_c3 Jul 2022 #43

My wife can't buy crypto because of her regulatory responsibilities... brooklynite Jul 2022 #38

Your post should be alerted on for smearing Democrats. W_HAMILTON Jul 2022 #40

Kelly Loeffler was caught red handed insider trading to profit off the pandemic Takket Jul 2022 #46

+1 Celerity Jul 2022 #47