Today Lao Meng talks to you:
First, what happened to the United States, it will be so serious.
second, why is only SMIC able to save it?
first talk about the first one, what happened? The implementation of the trillion-dollar economic stimulus plan has been approved, but this matter is not something that is only available now. The budget and specific plans of the plan will be voted on in February and March respectively. Finally passed 50-49, the number of votes is intriguing. Why are there so many objections? Because this plan is to drink poison to quench thirst.
2020 In 2020, the old Americans issued a currency of 21% of the historical total, and issued another nearly two trillion this year.
USD is the world currency. In this way, printing a large amount of money, a stack of paper money can be used to buy real goods from other countries. This will transfer your own crisis to other countries. Others are not stupid. As a result, they will accelerate the USD to . In 2000, the international share of USD was 73%, and by the third quarter of 2020, it has dropped to 60.2%.
However, with such a great determination, the third day after the first vote was passed, the United States encountered a great disaster and disaster fell from the sky.
GM has suspended production of factories in the United States, Kansas, Ontario, Canada, and Mexico. Ford said that the company's production will decrease by 20% in the first quarter, and the delivery time of the full series of materials of Qualcomm will be extended to more than 30 weeks, etc. The supply tightness caused by the decrease in production directly led to the price surge of a series of related products.
What is this? The trillion-dollar budget blueprint has just been passed, and the specific plan has not been voted on yet. However, consumer goods began to be in short supply and prices rose. This is contrary to the purpose of the incentive plan. It is likely to affect subsequent voting and the implementation of the economic stimulus plan.
Because even if you give money, consumers still can’t afford it, or even can’t buy it. What is this called stimulating the economy?
What’s more serious is that at a time when globalization has long been implemented, the industrial industry chain is highly integrated, with clear division of labor, global cooperation, and any link that has problems will spread to the industrial chain in depth. If it continues, it will lead to expanded shutdowns, unemployment, and stock market declines. It will not be effectively controlled immediately, which will put a huge burden on the economy.
second, why is this only SMIC able to save?
Because of all this, it is the butterfly effect brought by the "chip shortage". It is hard for a good cook to cook without rice. All the products of chips as raw materials are affected to varying degrees, and are transmitted to enterprises and stock markets in reverse, resulting in serious consequences such as unemployment of employees.
Then why is there such a serious "chip shortage"? In the first half of 2020, due to the impact of the epidemic, automobile sales declined, and chip manufacturers naturally reduced production capacity , but with the recovery of consumption in the second half of the year, production capacity did not keep up.
Since the fourth quarter of 2020, global chip supply has been in short supply. This year, a strong earthquake occurred in the waters of Japan, and a blizzard was encountered in Texas, a major semiconductor city in the United States, and the chip factory was shut down, which made the already severe situation even worse.
so, this is the truth that SMIC was unbanned. In order for the trillion-dollar rescue plan to be successfully passed and implemented and achieve the goal of saving the economy, it will inevitably strictly suppress prices and maintain the purchasing power of the currency. Therefore, chip supply must be solved, and the only way is to increase chip production capacity. After the big logic of
is clarified. It is not surprising to choose SMIC . According to the data released by Tuopu Industrial Research Institute, SMIC ranks fifth in market share, and in mature processes of 28nm and above, SMIC ranks third, surpassing Samsung Electronics .
You should know that this is still the fifth largest chip manufacturer in the world under the restrictions of the US ban. Its yield rate of 14nm is even more at the industry's No. 1 TSMC . The reason why it cannot exert a larger production capacity is entirely because of the restrictions of lithography machine .
No matter what aspect, the only thing that can alleviate the urgent needs is SMIC .
So, we see that the lifting of the ban first extends the contract period with ASML and allows the purchase of ASML lithography machines. Not only that, the report said that US equipment suppliers have also resumed the supply of components and on-site services for SMIC .
When I got here, I felt a little mixed with feelings, and I don’t know if I should be happy. No matter what, SMIC should seize the opportunity and develop silently. One day, it will no longer be controlled by others.
I am Lao Meng, I share unique insights and interesting knowledge. If you agree with my point of view, I hope you can like and support it. Thank you! See you next time.
