Semiconductors on my mind… ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Dear Reader,
Good morning!
Today I want to talk to you about semiconductors
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I’m so excited to share with you our America First project we’ve
been working on - we are counting down the days till we go live next
Thursday, Dec. 11th at 1:00pm EST.
If you haven’t locked in your spot, click here to register now
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As we gear up for our launch, I find myself thinking a lot about
semiconductors.
We’ve talked about Nvidia’s secret supplier
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What’s really cool is that Google is releasing new chips and their
architecture relies on the same secret supplier…
Amazon’s new chips rely on the same secret supplier.
Qualcomm’s… Tesla’s… Huawei’s… AMD’s… Intel’s.
You’ve likely never heard this company’s name
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and yet every single player in an industry spending tens of billions
of dollars a year is lining up to buy their product.
It’s a very special situation.
I liken it to years ago when Nvidia started to explode on the AI
trade.
Anyway, I’ve been thinking about semiconductors because there is a
big need for us to actually manufacture semiconductors in America.
Semiconductors are like digital oil.
And 90% of advanced semiconductors right now are made in Taiwan.
China wants to take Taiwan, which we’ve talked about many times.
We can’t let that happen - you just can’t have China control over
90% of advanced AI.
I mean, forget computers and phones; _these are the semiconductors
that make our F35s fly._
We are in an AI race, and the country that leads in semiconductors and
AI over the next 20 years wins the competition between the U.S. and
China.
China wants Taiwan. Taiwan makes 90% of advanced semiconductors. We
can’t let that happen.
So, what does America do?
We’ve been arming Taiwan. We’ve been telegraphing with war games
involving Japan and Australia that we would defend Taiwan. We have
said that.
And more importantly, both Biden and Trump, bipartisan issue, have
started reshoring manufacturing of semiconductors.
This is critically important. So that if China did take Taiwan, we
could still crank out semiconductors here.
Now, here’s where we see a new America First play…
Semiconductor manufacturing has three phases.
The first stage is design. Think Nvidia, AMD, Apple, Qualcomm -
they’re not manufacturing chips; they are design companies.
Think of them like Nike.
Nike doesn’t make sneakers. Nike designs sneakers. Then it uses a
factory in China to actually make them, based on the design.
Nvidia, AMD, Qualcomm, Apple, etc. design chips and then send those
designs to a company.
That brings us to stage two - manufacturing. Front-end manufacturing -
fabs, basically.
This is where Taiwan is important.
This is TSMC.
This is Samsung.
Even Intel’s getting into the actual manufacturing process.
But the third stage of semiconductor manufacturing is back-end
packaging and testing - making sure the chips meet their quality
control standards and then packaging them up.
Believe it or not, step three has become a big chokepoint.
Because remember something: all the chips we design in America -
Nvidia, AMD, Apple - they’re designing in America, then sending
instructions to Taiwan - to TSMC or Samsung.
Then they’re saying, “build us chips that do this, according to
these specifications.”
Then they go to testing and packaging. And that’s in Korea.
But now, we are reshoring semiconductor manufacturing.
We have factories coming online now - they’ve already started to
crank up in 2025 and for 2026 and 2027.
This is a big deal.
But the one big chokepoint we have here now that we’ve ramped up
front-end manufacturing is the backend packaging and testing.
One of the great things about our America First Portfolio we are
putting together is that one of the core stocks in that portfolio is a
company that does semiconductor packaging and testing right here in
America, right after American-made semiconductors roll off the
assembly line.
That is a hugely important deal.
It’s just one of the exciting little opportunities we have for you -
a mid-cap stock hardly anyone knows about, that has massive
investments from Mag 7 companies.
This is the kind of opportunity we’ll be focusing on in America
First Fortunes.
Little, tiny, back of the napkin plays that can really move up 10X
because nobody’s really thinking yet in-depth about everything that
needs to happen as we reshore critical resources.
We are!
We are looking at what it really means when we hear Trump say we’re
going to bring semiconductor manufacturing back to America.
We are doing the deep research and pulling back the curtain for you.
Semiconductors are just one of the areas we’re focused on.
I can’t wait to show you everything we’ve been working on.
Please, save the date - next Thursday, Dec. 11, 2025 at 1:00pm
Eastern.
CLICK HERE TO REGISTER FOR YOUR PRIVATE INVITATION TO JOIN.
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"The Buck Stops Here"
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