Commerce Secretary Gina Raimondo talks the election, Taiwan, and chip manufacturing with Jim Cramer

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  • čas přidán 6. 09. 2024
  • Commerce Secretary Gina Raimondo joins 'Mad Money' host Jim Cramer to talk chip manufacturing, the upcoming election, Taiwan and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Komentáře • 68

  • @LosShorts-ys2ic
    @LosShorts-ys2ic Před měsícem +8

    This was probably the best interview I've seen and heard on computer chips. Commerce Secretary Gina Raimondo communicated that the current chip issue stems from business decisions made over many years, prioritizing short-term profits over future planning. This insightful discussion highlights how American businesses' search for cheap capital and labor led to vulnerabilities, emphasizing the need to balance profit with national security.

  • @MatthewMS.
    @MatthewMS. Před měsícem +12

    Good interview James

  • @AgentJoby
    @AgentJoby Před měsícem +14

    Intel is the leader in building US chip factories. Not sure why they’re not getting publicity for this. This is a national security issue, should be top priority for investors too.

    • @LosShorts-ys2ic
      @LosShorts-ys2ic Před měsícem +3

      Agree, In the USA, Intel is a leading company building computer chip factories. The company has significantly invested in expanding its semiconductor manufacturing capabilities, including new facilities in Ohio and Arizona. Other companies like TSMC (Taiwan Semiconductor Manufacturing Company) and Samsung have also announced plans to build or expand their chip manufacturing plants in the United States. These efforts are part of a broader initiative to strengthen domestic semiconductor production and reduce reliance on foreign sources.

    • @SweetSwissCheese
      @SweetSwissCheese Před měsícem +1

      I was a big fan for a long time but with the new 13th and 14th gen CPU oxidation I think it's the last nail in the coffin.

    • @Mr_Martz_Mc
      @Mr_Martz_Mc Před měsícem

      Cnbc hates intel

    • @jasonchen-alienroid
      @jasonchen-alienroid Před měsícem

      Intel can't do fab business. They can only design for themselves. Same thing with GF. You can't have semi fab in US because you can't get resources. No smart engineer's going to work 16 hr days everyday in US, in az regardless of the $. As a reference, japan started tsmc fab after the US and it's in production. tsmc in az isn't close...
      lol... trusted... that's how companies talks to politicians.

    • @aeromotive2
      @aeromotive2 Před měsícem +3

      intel is a dumpster fire of a company

  • @cablefang
    @cablefang Před měsícem +11

    Why can’t we have a first woman president like that?

    • @jimmy79889
      @jimmy79889 Před měsícem

      Blame the DNC elitists. They don't believe in meritocracy. They believe in nepotism as shown by Hillary and Kamala

  • @giorgiomaria
    @giorgiomaria Před měsícem +1

    One of the wisest conversations ever about such a sensitive issue

  • @holyspacemonkey
    @holyspacemonkey Před měsícem

    I’m very impressed with Sec. Raimondo.

  • @Mark-tm2zu
    @Mark-tm2zu Před měsícem +2

    Great interview Jim!

  • @MarhtaGerlt
    @MarhtaGerlt Před měsícem

    your channel is essential viewing for anyone serious about binary options trading, please continue to produce great content.

  • @MandyNansteel
    @MandyNansteel Před měsícem

    have been trading for several years now, but I am always interested in new approaches and strategies. Your videos and tips always bring me new ideas and help me improve my trading results.

  • @13Bravo77
    @13Bravo77 Před měsícem

    I'd like to see Gina's stock holdings

  • @RezaHoseiny-ui6rx
    @RezaHoseiny-ui6rx Před měsícem

    تشکر

  • @learkingofalbion8520
    @learkingofalbion8520 Před měsícem +1

    Cramer did not ask Gina how Kamala understands property rights.

  • @هاشمرضایی-ص1ث
    @هاشمرضایی-ص1ث Před měsícem

    Great

  • @sneakymove
    @sneakymove Před 24 dny

    TSMC in US has not produce a single chip until now, which initially was planned for 1st quarter of 2024. good job Raimondo

  • @Peteryzhang
    @Peteryzhang Před měsícem +2

    If you don't mandate those big fabless chip companies( AMD, NVDA, QCOM) and those biggest electronic consumer companies like Apple buy US chips, no matter how many fabs you setup on the US, for one penny cheaper abroad, they will not buy US chips.

    • @roy1583
      @roy1583 Před měsícem

      They will if you place tariffs on chips so squeeze the price and force them to buy from at home. All the USA does is outsource slave labor for more profits

  • @bigjet1018
    @bigjet1018 Před měsícem +6

    TSM is one of the best managed companies in the world…said Warren Buffett. Did they steal the chips business from the US? I guess Guatemala farmers also stole the banana business from US farmers 😂

    • @DG-hw8it
      @DG-hw8it Před měsícem +1

      That's not how western hemisphere works. Do your homework. 🙏

  • @charlesyang7799
    @charlesyang7799 Před měsícem +1

    Gina Bully TSMC of Taiwan for chip business !

  • @13Bravo77
    @13Bravo77 Před měsícem

    Taxpayers are on the hook for all overseas defense to defend these countries, so why not ask them to pay up and make chips here as well, cheap profits attracts the Congress and senate members

  • @2mo2time
    @2mo2time Před měsícem +1

    This show is a bad investment

  • @jasontysoe138
    @jasontysoe138 Před měsícem

    Has anyone war gamed what happens to the US economy in Feb 2025 when China invades Taiwan.. I imagine US manufacturing industry would suddenly be in big trouble...

  • @ravindrashinde5466
    @ravindrashinde5466 Před měsícem +2

    JIM we come here for business news not jimmy the political commentator..but Jimmy Chill

  • @BahmanKhanzadeh
    @BahmanKhanzadeh Před měsícem

    ❤❤❤❤❤❤❤

  • @مجتبی-ف7م
    @مجتبی-ف7م Před měsícem

    سلام❤

  • @SalamRostami-o5k
    @SalamRostami-o5k Před měsícem

    ❤❤❤😊

  • @nigeltoh9945
    @nigeltoh9945 Před měsícem +3

    Jim takes side now, as expected. How I wish we can leapfrog 3 months, and spare ourselves this pain of watching CNBC in the next 3 months.

  • @PUA-Dude
    @PUA-Dude Před měsícem

    I just realized just like the Democrats, China doesn't listen to me 🤦

  • @user-eh5gz7pg7j
    @user-eh5gz7pg7j Před měsícem

    النتائج الرئيسية
    Bad boys
    Whatcha want, whatcha want?
    Whatcha gonna do
    When Sheriff John Brown come for you?
    Tell me, whatcha wanna do? Whatcha gonna do?
    Yeah
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    When you were eight and you had bad traits
    You go to school and learn the golden rule
    So why are you acting like a bloody fool?
    If you get hot, then you must get cool
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    You chuck it on that one, you chuck it on this one
    You chuck it on your Mother and you chuck it on your Father
    You chuck it on your brother, and you chuck it on your sister
    You chuck it on that one, and you chuck it on me
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Nobody naw give you no break
    Police naw give you no break
    Not a soldier man give you no break
    Not even you idren naw give you no break
    Hey, hey
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Why did you have to act so mean?
    Don't you know you're a human being?
    Born of a Mother with the love of a Father
    Reflection comes and reflection goes
    I know sometimes you wanna let go
    Hey, hey, hey
    I know sometimes you wanna let go
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    You're too bad, you're too rude
    You're too bad, you're too rude, yeah
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    You chuck it on that one, you chuck it on this one
    You chuck it on your Mother and you chuck it on your Father
    You chuck it on your brother, and you chuck it on your sister
    You chuck it on that one, and you chuck it on me
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?
    Bad boys, bad boys
    Whatcha gonna do?
    Whatcha gonna do when they come for you?

  • @JosePFdez
    @JosePFdez Před měsícem +2

    OMG There we go to play politics. Turning off Mad Crap.

  • @thetradersam6157
    @thetradersam6157 Před měsícem

    Tech will be back in Sep with a vengeance. Tech runs the world...

  • @nigeltoh9945
    @nigeltoh9945 Před měsícem +2

    Hahaha, Kamala Harris more sophisticated in understanding businesses than a billionaire?

    • @bigwaidave4865
      @bigwaidave4865 Před měsícem +1

      She certainly has a more sophisticated understanding than a 78 year old con man who only cares about Trump.

    • @ringo7561
      @ringo7561 Před měsícem +1

      Probably she is....hasn't the billionaire declared bankruptcy about 7 or 8 times? And is he really a billionaire? Lol

    • @russelltate1394
      @russelltate1394 Před měsícem +1

      Are you serious????? Obviously You're Not The Brightest Crayon In The Box

    • @ringo7561
      @ringo7561 Před měsícem

      @russelltate1394 yes I'm serious. Trump is the only guy I ever heard of who filed bankruptcy on a casino. Its impossible to lose money owning a casino, but that clown did.. Let that one sink in for a while.

  • @manuelbriceno4181
    @manuelbriceno4181 Před měsícem

    😂😂😂😂

  • @مجیدحیدری-ذ3س
    @مجیدحیدری-ذ3س Před měsícem

    اتنارببعخ❤❤❤

  • @greggis3691
    @greggis3691 Před měsícem +2

    Politics?? Really? You just lost me. I thought this was about investing. Is the US government manufacturing the chips?