Trump brings major semiconductor firm to US

From Leah Barkoukis at Townhall:

President Trump on Thursday announced a major semiconductor company will be relocating to the United States.

The $100 billion Broadcom Limited, currently located in Singapore, is moving to Delaware once shareholders approve, bringing $20 billion in annual revenue back to the United States.

The company, which manufactures communications chips worldwide, said the GOP’s business-friendly tax plan will make the U.S. easier to do business in. More.

Reality check: Now this could all be hope, hype, or egg on the face. But if it’s true and it happens a few more times, the Dems will face an interesting dilemma. Even if they succeed in getting rid of Trump on a technicality, they’d have to match such feats or face Trump II.

Unless, of course, they can persuade most Americans to reimagine themselves as walking bundles of identity group grievances looking for compensation from other taxpayers. But then maybe pigs do fly… or maybe not.

See also: Too Cool for words: Legacy media unionize and die

Why rubes don’t trust traditional media anymore: Because we can get wrong information without paying for it.

  • Drunk by Noon ✓

    Will Broadcom staff it up with H1Bs from India making $9.00 an hour?
    That’s what I want to know.

  • Linda1000

    I don’t recall Ozero bringing any business into the U.S. but he was great at pouring money into useless green energy companies within the country.

  • Jay Currie

    No worries on getting rid of Trump on a technicality…Mueller is now deep in Democrat lobbying land and the wackadoos in Congress are having to deal with Donna Brazile pointing out the HRC essentially bought out the DNC. Trump is fine.

  • Ho Hum

    This announcement is not what it is cracked up to be. Broadcom had co-headquarters in Singapore and San Jose. Now they will just have one in San Jose. I doubt that this will make much difference to the number of people employed in the U.S. . When Burger King merged with Tim Horton’s it moved it’s “headquarters” to Burlington Ontario but in reality the main operations (and jobs) remain in Miami. The Burlington headquarters is not much more than a mailing address.

    The reason for Broadcom’s move is simple. Today it was announced that they are in a hostile take-over bid of rival chip maker Qualcom which will face regulatory hurdles. If Broadcom still had a headquarter in Singapore regulatory approval would be impossible.

    This is just smoke and mirrors. It give Trump an opportunity to have a big ceremony in the Oval office to proclaim he is bringing American companies back to America. He is “Making America Great Again”. In reality if the takeover of Qualcom goes through there will be a loss of jobs – thats how mergers work.