Dec. 4 at 12:44 PM
$WOLF Fresh Chips news that is great for Wolfspeed.
"Senate Legislation: The Senate has passed a provision, included in its version of the annual defense policy bill (NDAA), that would require companies like Nvidia and AMD to ensure American buyers get priority access to advanced AI chips before they can be sold to countries of concern, such as China. This measure, known as the GAIN AI Act, aims to prevent foreign adversaries from leveraging U.S. technology to bolster their military and AI capabilities".
Domestic Chip production is the underlying theme of these export and availability volume issues. Just ask Elon. We will be taking a big bite of this market soon IMO.