This discussion covers Nvidia, TSMC, AI chips, tariffs, and U.S. manufacturing policy, including Jensen Huang’s China strategy and Cathy Wood’s view on accelerated depreciation. It explains why Intel, TSMC, and Samsung are racing to build U.S. chip fabs before the 2028 deadline.
This video explains two under-the-radar forces reshaping the U.S. economy:
renegotiated chip deals with TSMC and Nvidia, and
a powerful tax rule driving global manufacturing back to America.
By linking trade policy, AI chips, and accelerated depreciation, it shows why the U.S. could be entering a major economic and industrial boom.
You will see
how tariffs replaced subsidies in the TSMC deal
why Nvidia can still sell advanced chips to China under strict controls
how 100% first-year depreciation makes the U.S. the most attractive place to build factories.
Cathy Wood explains why this matters more than political headlines.
How the U.S. secured a $165B TSMC commitment without subsidies
Why Nvidia sells H200 chips to China with tariffs and U.S. oversight
How “one-generation-behind” chips keep China reliant on U.S. tech
Why accelerated depreciation slashes real factory costs
How this policy shift can boost GDP and long-term manufacturing growth
Chamath Palihapitiya Overview
Chamath Palihapitiya is a Canadian-American venture capitalist and entrepreneur who founded and leads Social Capital, which he launched in 2011.
Prior to Social Capital, he served as a senior executive at Facebook from 2007 to 2011, where he led the development and launch of new platforms that drove global growth.
Before Facebook, Palihapitiya held roles at The Mayfield Fund, AOL, and Winamp.
He is also a part-owner of the NBA’s Golden State Warriors. Palihapitiya co-hosts the “All-In” podcast (shared here in Decisive Liberty News) with Jason Calacanis, David Sacks, and David Friedberg, covering economic, tech, political, social, and poker topics.
He also publishes a Substack publication.
Palihapitiya makes investments in technology, disruptive ideas, and people.
Social Capital aims to “Earn like Berkshire-Hathaway and invest like the Red Cross,” focusing on social-impact startups and smart, profit-minded opportunities.
His firm was an early backer of Groq, investing $10 million in 2017 and an additional $52.3 million the following year.
He has also warned about Chinese advances in large language models posing competitive threats to American technological leadership, characterizing it as America’s “Sputnik moment.”
Palihapitiya has stated that a proposed California billionaire tax is driving ultra-wealthy residents out of the state, which he believes could worsen the budget deficit.
Howard William Lutnick Overview
Howard William Lutnick is the 41st United States Secretary of Commerce, serving since February 2025.
He was confirmed by the Senate after President Trump nominated him.
Prior to this, Lutnick co-chaired Trump’s transition team and committed to divesting from his business interests upon confirmation.
He served on the Board of Directors of the National September 11 Memorial & Museum and Weill Cornell Medicine.
Lutnick was born on July 14, 1961, in Long Island, New York, to Solomon and Jane Lutnick.
He graduated from Haverford College in 1983 with a degree in economics.
He began his career at Cantor Fitzgerald in 1983, rising to become president and chief executive in 1990, and chairman in 1996.
Cantor Fitzgerald lost 658 employees, including Lutnick’s brother, during the September 11, 2001, attacks.
After the attacks, Lutnick launched the Cantor Fitzgerald Relief Fund, which donated $180 million to the families of his coworkers who died.
Cathie Wood’s Investment Activities and Market Predictions
Cathie Wood is an American investor and the founder, Chief Executive Officer (CEO), and Chief Investment Officer (CIO) of Ark Invest, an investment management firm. Her firm was registered with the U.S. Securities and Exchange Commission in January 2014. Wood has over 40 years of experience identifying and investing in innovation, with a focus on disruptive innovation. She previously spent twelve years at AllianceBernstein as CIO of Global Thematic Strategies, managing over $5 billion. In South Korea, she is reportedly known as the “money tree.” Her flagship ARK Innovation exchange-traded fund (ETF) has received recognition for its performance in 2017 and 2020.
Wood is known for her market predictions and investment strategies, often focusing on emerging technologies like AI, blockchain, self-driving cars, and genomics. In early 2026, Wood predicted a “Goldilocks” economic scenario, forecasting real GDP growth toward 5% with falling inflation, possibly outright deflation, driven by an AI-led productivity boom. She also stated that the U.S. government might start purchasing Bitcoin, framing crypto as politically significant for President Trump. Ark Invest manages significant assets, having grown from $3.6 billion to over $50 billion, and as of late 2025, to $60 billion.
Recent trading activities by Cathie Wood’s ARK Invest in January 2026 indicate a shift in strategy, with trades tilting toward high-beta genomics and early-stage biotech names. ARK Invest purchased shares of Intellia Therapeutics Inc., Personalis, and 10X Genomics. The firm also acquired shares in electric air taxi companies such as Joby Aviation and Archer Aviation. Simultaneously, ARK Invest sold stakes in companies such as Illumina, Palantir Technologies Inc., Broadcom Inc., Natera, Teradyne, and Beam Therapeutics, indicating a reallocation of capital from mature technology to earlier-stage businesses. In late June and July 2025, Ark Investment sold $47.9 million worth of Coinbase shares after a 37% surge.
