The U.S. Chips Act gave a $750 million grant this week to Wolfspeed (WOLF) to build a Silicon Carbide (SiC) Power Module production plant in North Carolina causing its shares to gain by 40%+ on the news. We're not going to bring up the coincidence that Asheville, NC residents have only been offered $750 in help after their homes were washed away. NIA's President and his sister have spent many hours volunteering in recent weeks helping clean the homes of victims in the Asheville area. Most people don't want the $750 at all and believe they would be better off if FEMA didn't exist.
We would also be better off if the U.S. Chips Act didn't exist to subsidize companies like Wolfspeed (WOLF).
Trio-Tech International (TRT) is about to rise to $15-$25 per share next week, and people have been suckered into buying Wolfspeed (WOLF) due to government handouts that will only get WOLF so far before it is broke/bankrupt and needing additional funds.
We hate the cliche about "selling pickaxes during a gold rush", but this is exactly the situation for TRT in real life during this semiconductor boom!
Silicon Carbide (SiC) / Gallium Nitride (GaN) power modules are about to become well-known as the #1 most important innovation in the history of EVs because it will make them fast and easy to charge! All companies that develop SiC / GaN power modules will need TRT's Dynamic High Temperature Operating Life Test (HTOL) System to test them!
AEHR Test Systems (AEHR) makes a similar product and is up another 4.53% today! The same multiple AEHR is trading at will value Trio-Tech International (TRT) at $70+ per share!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
