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Oil Prices First - Trump wants them lowered!

Barnsley

Well-known member
After Trump "fixes the oil price".

If the right people get in his ear will it be the Semicon industry next?

If he is told that the "high price of chips" is forcing high prices on the public for a variety of items , will he not attempt to publicly shame the industry into price cuts?

What is different about the Oil Producers and the Chip Manufacturers?
 
Consumers have little alternatives to oil, but plenty of alternatives within semiconductors.

A 3 year old CPU or phone will usually work just fine, 3 year old oil not so much.
 
After Trump "fixes the oil price".

If the right people get in his ear will it be the Semicon industry next?

If he is told that the "high price of chips" is forcing high prices on the public for a variety of items , will he not attempt to publicly shame the industry into price cuts?

What is different about the Oil Producers and the Chip Manufacturers?

They are very different. Crude oil is a commodity that can be extracted and processed in many countries to produce various products. Semiconductors, on the other hand, are highly diversified, specialized, and customized based on numerous patents, IPs, trade secrets, and collaborations. There isn't a way for a government to regulate the price, quantity, quality, and features.
 
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