Who Will Win the Chip Race in 2023?

[Inside Wall Street with Nomi Prins]( Welcome to Inside Wall Street with Nomi Prins! It’s the only daily newsletter featuring the insights of renowned author and former Wall Street insider, Nomi Prins. Every day, Nomi shines a light on a massive wealth transfer she calls The Great Distortion. That’s the true cause of the permanent disconnect she sees between the markets and the real economy. And she shares ways you can come out ahead, if you know where the money is flowing. You’ll find all Nomi’s Inside Wall Street issues [here](. If you have questions or comments, send Nomi a note anytime [here]( or at feedback@rogueeconomics.com. Maria’s Note: Today, we hand the reins to friend and colleague Andrey Dashkov. Andrey is an analyst with more than 15 years of experience. During his career, he was part of a team managing a portfolio of several hundred million dollars for high-net-worth individuals. Today, Andrey writes for the popular Casey Daily Dispatch. And in the guest essay below, he shows us who the biggest winners will be from last year’s CHIPS Act. It’s a topic Nomi has touched on in these pages. Read on for Andrey’s take… --------------------------------------------------------------- Who Will Win the Chip Race in 2023? By Andrey Dashkov, Analyst, Casey Research [Andrey Dashkov] This is what an arms race of the 21st century looks like. It’s not about trying to outrun geopolitical rivals like the Soviet Union. It’s about technology… specifically, semiconductors. Or “chips.” Right now, things aren’t looking good for the United States regarding semiconductor capacity. Industry giants like Ford and General Motors are feeling the pain. Due to chip supply shortages, they shipped cars without much-needed accessories, like touchscreens or heated seats. You see, the U.S. relies on manufacturing facilities located in other places – mainly Taiwan – for its chip supply. It’s not ideal to have a key tech supplier located just 110 miles away from the country’s main geopolitical challenger, China. Especially when said challenger had no problem flying dozens of warplanes over chip production facilities in Taiwan as part of a military drill. The U.S. and China aren’t at war – for now. But the risk of an escalating conflict has pushed the United States to start “onshoring” some of the key industries that it relies on Taiwan for, such as semiconductors. The good news is, this decision will kickstart a multi-billion-dollar investment trend… So, in a moment, I’ll explain who the biggest winners will be… and how you can learn about the companies benefitting in 2023. Recommended Link [The One Ticker Retirement Plan]( Over the Shoulder Demo Now Available [image]( Market Wizard Larry Benedict crushed the market in 2022. But he didn't do it with a “traditional” method… For a limited time, he’s sharing a free over-the-shoulder “demo” of his strategy in action. It takes less than 10 seconds… [Watch it here.]( -- Long-Term Winners of the CHIPS Act Chips are critical in a modern economy. Almost any appliance you use has multiple chips in it. On average, a modern car has about 1,500 chips alone. But the Covid pandemic kickstarted a chip shortage due to rising demand and disrupted supply chains failing to keep up with a spike in consumer spending. As a result, the U.S. government passed the CHIPS Act in late 2022. It’s a sprawling piece of legislation focused on boosting domestic chip production – with over $280 billion of spending over the next 10 years. Most of the funds, $200 billion, will be spent on scientific research in advanced semiconductors. [Featured: Bear Market Expert Reveals His #1 Stock for 2023]( Another $53 billion will be dedicated to semiconductor production. What’s more, the bill provides chip plants tax credits of almost $24 billion, to spur U.S. chip manufacturing. The CHIPS Act is so massive that it will create incredible wealth for the companies participating in the chip “onshoring” trend. McKinsey, a consultancy, estimates that chips will become a $1 trillion industry by the end of the 2020s. For instance, when the U.S. government announced the CHIPS Act in 2020 (two years before it passed), semiconductor companies launched dozens of projects that would benefit from it. As of mid-December 2022, over 40 new projects in the chip ecosystem were announced. Those included new chip fabrication facilities, expansions of existing ones, and the production of equipment and materials used in chip assembly. Meanwhile, private companies have dedicated over $200 billion to chip manufacturing projects. As a result, 40,000 new jobs will be created in the country. Best of all, a SIA-Oxford Economics study estimates that each semiconductor-related job supports almost six jobs in the wider U.S. economy… Recommended Link [THIS has the potential to take off...]( [image]( No one is expecting what she’s predicting. But she has a long track record of making accurate calls... like the 2008 crisis, the 2020 market crash, and inflation back in 2021 before what we’re seeing now. None other than Ph.D. Economist and Investor Dr. Nomi Prins, who is now releasing details on her next stunning prediction that has the potential to take off. And today, you can get in on her cutting-edge financial research for just $49. [Get it here.]( -- How This Legislation Relates to the Broader Economy… and Your Money Much like the Infrastructure Act, which Nomi has written about in these pages, this kind of investment in “digital infrastructure” doesn’t just benefit the chip industry. It benefits the broader economy as well. The biggest winners from the CHIPS Act in the long term include some of the already-established players in the chip space. [Featured: Nomi Prins: “What I said on Fox Business…”]( Such as Intel. It is building a new semiconductor plant in Ohio and expanding its facilities in Arizona and New Mexico. These investments will have a 25% rebate from the government. So the more Intel spends on plant construction and research and development, the more money it will receive from the government. Again, the companies that can fund tens of billions of dollars to build these facilities (a modern one costs about $10 billion) are the largest ones in the business. Micron and Texas Instruments, two large-scale semiconductor companies, will likely share the bulk of the government subsidies with Intel. Recommended Link [Is there a safe place to put my money?]( [image]( Millionaire investor Brad Thomas has discovered 500 of the fastest-growing companies in America in terms of revenue growth over the last 3 years, with growth starting at 212% and going all the way up to 87,037%. Even in the best years, gains like these have been almost unheard of, but Brad has identified 500 companies that are making money like crazy. All you need is this one ticker, and every time these companies make money, YOU make money. Today, tomorrow and for the rest of your life. [To learn more, watch his latest video here now.]( -- But these facilities will take years to build… Construction at Micron’s facility will begin in 2024, and production will ramp up by the end of this decade. Although, there is a way to play the semiconductor trend in 2023. In a special event last week, Nomi shared how you can benefit from government policies like the CHIPS Act. She revealed how the government has already picked the biggest winners and losers for 2023… And she showed a little-known strategy that Wall Street pros use every day to profit off their insider knowledge of Washington. [If you missed Nomi’s strategy session, there’s still time to catch the replay right here](. Good investing, [signature] Andrey Dashkov Analyst, Casey Research P.S. Fortune warned its readers to “buckle up for more carnage” in 2023. If you end up with the wrong companies this year, 2023 could be even worse than 2022. That’s why you’ll want to catch up on Nomi’s strategy session, [2023 Government Winners & Losers](. She revealed the winners and losers of a massive $46 trillion shift coming out of Washington. And she even gave away the name of a winner and a loser during this event. [Go here to watch the replay while it’s still online](. --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). --------------------------------------------------------------- MAILBAG Readers continue to weigh in on a question we asked in Wednesday’s mailbag: Is setting term limits in the Senate a solid step toward restructuring the U.S. government? Then… on Thursday, we asked if you believe giving more power back to the states would curb government corruption. Most readers do not feel optimistic about this solution… I live in Kentucky and recently wrote to my congressmen, Damon Thayer and Thomas Massie, about term limits. Would it surprise anyone that both thought the idea was not well thought out? Both had almost the same answer. Besides the political speech about how well they have served their constituents over their careers, both said their experience in “knowing how things work” in Washington was something that could only be learned over a long career. Yeah, they know how things work and use it to their advantage. Their names are always on local TV, radio, and news reports. This gives them a leg up on any election because their name is already on voters' minds. Both touted their “experience” as a plus. Both gave the same BS answer that Mitch McConnell usually gives: “We have term limits now. They are called elections.” Thayer is a 20-year state congress member and Massie is a 10-year member of the House of Representatives. – Jerry K. At least the Republican House has brought the subject into public view. Earmarks such as those in the omnibus bill are a major reason senators don’t get voted out. – Richard S. But one reader presents some interesting alternatives… Rather than limiting terms that can be served in Congress, I would limit the terms that a congressperson can serve as Speaker of the House or as a committee chair. Probably limit any given congressperson to one term in any given position. When someone gets to be chair of one of the powerful committees and then stays there for many years, the control they wield and the contributions (bribes) they are offered give them far too much influence in Congress and control over what is allowed to come up for a vote. There are other proposals – the “Read the Bills Act” and the “Write the Laws Act” are two that would help tremendously – but under current leadership and control, they are not likely to ever come to a vote. – Gordon F. Would limiting the terms that a congressperson can serve as Speaker of the House be more beneficial than limiting the terms that can be served in Congress? What do you think about large-sized companies like Micron and Texas Instruments receiving the bulk of government funding in one sector? (It’s a topic Nomi touched on [last Monday]( Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… [Millionaire Trader: “Tech Stocks Are Overrated, Do THIS, Instead”]( Hi folks, Jeff Clark here... I’ve joined the ranks of the top 1% of wealthy Americans... by IGNORING 99% of the entire stock market. Take a look at this visual below... Among 6,000 different stocks on the market to choose from... Hides ONE very special stock. I call it, “The One Stock Retirement” because... I’ve used it for years (through ANY market condition) closing gains like 373%, and more – time and time again. Trading this ONE stock over and over again is changing the lives of everyday folks across the world – from school teachers to doctors. And you don’t need trading experience... and you can get started with $100 or less! [Click here to watch this exclusive interview.]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [The Trader’s Guide to Technical Analysis]( [The Ultimate Guide to Taking Back Your Privacy]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@rogueeconomics.com). © 2023 Rogue Economics. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Rogue Economics. [Privacy Policy]( | [Terms of Use](