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Chip shortages drive expansion

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Miguel A. Rodriguez
Miguel A. Rodriguez
04 March 2021
Samsung considers four sites in U.S. for $17 billion chip plant.
  • #Samsung Electronics is considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to documents filed with Texas state officials.
  • Over the past decade, #Bitcoin has put increased stress on the grid of China’s Inner Mongolia. Now, officials have announced plans to ban new #cryptocurrency mining ventures and end existing activity.
  • China powered its way out of the coronavirus lockdown of 2020, becoming the only major economy in the world to grow last year, and its share of global output increased at the fastest pace in decades.

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.