America: My Time

Chapter 441 Persuading Morgan to Join the Game
Chapter 441 Persuading Morgan to Join the Game
"I know, what's the problem? This is just my personal action, it has nothing to do with Dreamworld or Nvidia. In fact, it would be better if they jumped in to stop my acquisition, then I would have a chance to expose their conspiracy. Unfortunately, that won't happen. Personal acquisitions don't present any problems!" John sighed softly, feeling a pang of regret. He clearly had a chance to retaliate, but his enemies wouldn't fall for it. Even if there were an unexpected event, it would be someone using the media to obstruct him.

Seeing the surprised looks on the faces of Morgan and Jimmy, John smiled calmly and said, "Actually, you two should think positively. Such an acquisition will inevitably lead to an IPO and financing in the future. I believe those guys on Wall Street will welcome it. As for what some old guys think or how they see it, that's not important. Such an acquisition can also relieve my own pressure. The shutdown of the Permian Basin oil field has caused quite a few problems!"

When John mentioned the Permian Basin, Morgan sighed and said, "John, we know the situation there. Not all oil field extraction will result in losses. I think you'd better not stop production, otherwise the White House will have objections, which will make things difficult for them."

"What the White House thinks or thinks is none of my business. The Permian Basin is now like a chicken bone—it's tasteless to keep but a pity to throw away. Shutting down production is the best option. I don't think the current environment will cause any major changes in oil prices. Oil prices will remain sluggish for a long time. I don't want to keep pouring money into it. This is my personal business now, and cutting my losses is the most important thing. I've already talked to those guys in Japan. If possible, the loans for the Permian Basin will be repaid ahead of schedule to reduce my own pressure."

When he heard John say these words, Morgan sighed and nodded, saying, "Fine, it's all up to you. I'm just passing on a message to the White House. The choice is yours."

"That's for the best. Western Energy's current focus is on gas-fired power generation and the upgrading of oil refineries. Other things are not being considered for the time being. Without subsidies, such mining needs to be stopped in time to minimize losses. There's no other way."

It's just a deal, a deal with those Rockefeller guys. The Permian Basin is currently facing significant problems; the cost of crude oil extraction is too high. Otherwise, John wouldn't have been able to acquire it and keep this wealth in his own hands. Now, Western Energy, free from the pressure of the Permian Basin, has already captured a considerable share of the gas-fired power market. Many even believe that John's ultimate goal is gas-fired power, not petrochemicals.

They're overthinking it. Although John is heavily investing in gas-fired power generation, it's because he has a significant market share and he's just a generator, not a distributor, so he doesn't face as much pressure.

"John, what's your opinion on the devaluation of the dollar? Can such measures save America's manufacturing industry?"

"Are you kidding me? How can they salvage this? They all boast about how good and amazing their technology is, but only they know the truth. From my experience in the semiconductor industry, it's impossible to stop the expansion of Japanese semiconductors. It's a technical problem. Those guys' technology is too poor; they're not even in the same league as Japan. Under these circumstances, do you think they have any chance of turning things around?"

John paused here, then sighed and continued, "Of course, this is also because those guys in Japan are too greedy. They only care about seizing the market and forget that they have no ability to resist. Because all their markets are overseas, as soon as sanctions are imposed, they will be in trouble immediately. In the memory chip field alone, they are probably close to taking over 80% of the entire market share this year. I can ignore it, but can other semiconductor manufacturers ignore it? Greed will only make them pay a heavy price."

"John, is what you're saying true? Japan has become that powerful in the memory chip field?"

"That's natural. However, Nvidia still dominates the CPU and GPU chip market. They can't keep up with Nvidia's development. As long as Nvidia continues to invest in R&D, they will definitely be able to firmly grasp the market. However, the memory chip field is indeed very profitable, even more profitable than Nvidia's chip field. It's understandable that those guys can't let go of it. Since they can't let go, why don't they concentrate their efforts on developing memory chips? I really can't understand how these guys can be so stupid as to pin their hopes on the White House. The dollar is depreciating, but their products haven't been updated. How can they gain market recognition? If this drags on any longer, these guys will be dragged down."

"No, the White House won't stand by and watch them fall. They will definitely continue to provide them with strong support. That's not a problem. The White House clearly understands the importance of semiconductors. It's just that things need to be done step by step!"

"I hope so. If I were Intel, I would focus directly on the memory chip field. Their CPU chip researchers have already been poached by Nvidia. Now they only have one option left: focus on memory chips and use the power of the White House to complete their transformation. Otherwise, I am not optimistic about their development."

John had done extensive preparation for chip manufacturers like Intel, thoroughly understanding their key R&D personnel and constantly poaching their talent. Otherwise, Nvidia wouldn't have achieved such rapid development with its own resources; everything was gained through poaching. Many of Nvidia's peers in Silicon Valley were cursing this, but their criticism was useless. They couldn't stop the brain drain; Nvidia's chip R&D continued to advance rapidly, giving them no chance to catch up. By the time they did, Nvidia already had newer computer chips. What John wanted was to create a generational gap. Once a strong generational gap was established, Nvidia could gain an advantage and control market share.

Taiwan's production costs are much lower than those of the United States, so once a generational gap is established, they have no way to compete head-on with Nvidia and can only eat the scraps left by Nvidia. It is precisely because John understands the current state of the US semiconductor industry that he is not optimistic about the outcome of the dollar's depreciation and will ultimately have to wield the big stick of sanctions. Only in this way can Japan's development in the semiconductor industry be truly crushed.

"I think if Morgan is interested, they can directly acquire Intel and focus on memory chips. As long as they can reach the level of Japan, there won't be any problems. It would definitely be a good business!"

"Forget it, Morgan doesn't have such ideas. Besides, reviving it would take a long time, and Morgan doesn't have that much time to wait. I'm not like you, with a deep understanding of the semiconductor industry and the computer field. Now that I know that Japan has a monopoly in the memory chip field, why talk about acquisition? Isn't that just wasting money?"

"No, things aren't as you think. If Morgan takes over Intel, you can bypass the White House and work directly with those semiconductor manufacturers in Japan. As long as they feel the crisis, they won't refuse such cooperation, and Intel will be revitalized instantly, with its own top-tier products."

Good heavens, while those guys in Japan are eyeing John, John has his sights set on Morgan and Intel. Even after poaching most of Intel's R&D staff, John is still not at ease. He still wants Intel to stop focusing on CPU chips and instead move into the memory chip field, where they have a strong foundation.

Tempted? Of course! Even the Morgan tycoon was tempted when he heard these words. This was an opportunity to directly intervene in the semiconductor industry. If they could acquire Intel and then cooperate with Japan, they would have the chance to soar to new heights. Who wouldn't be tempted by such an offer?

“John, I must say your proposal is very tempting, but Intel’s situation is too complicated. Even if the acquisition is completed, it will not be fully under control in a short time. The fact that those guys are still pinning their hopes on the White House proves that they have no desire to take risks. They just want to develop steadily, otherwise they wouldn’t be in this situation.”

"This is the tragedy of the US semiconductor industry. They place all their hopes on the White House and don't want to put in the effort to do research and development themselves. How can they possibly grow and thrive? These guys are really speechless. However, you can also try to cooperate with other companies. This doesn't necessarily have to be Intel; it can be any other semiconductor factory."

"John, you've always had a good relationship with Japan, and the memory chips you use are all supplied by Japan. Why would you suggest that Morgan get into the semiconductor field?"

“I’m afraid of being held hostage. Those guys in Japan are not normal. I don’t think these bastards will be completely unresponsive to the US sanctions. I’ve been reminding ASUS to secure enough memory chips in case of a crisis. The entire market share is in the hands of the Japanese. Who wouldn’t be worried? I’m no exception. I need to prepare for the worst.”

"Is this necessary? Japan dares to defy our sanctions because they have always relied on overseas markets. Without the North American market, Japan's entire import and export industry would be in trouble!"

“A normal person can think and see things this way, but the Japanese are not normal people, and it’s impossible for them to be unprepared. In short, I have to be cautious and careful, and I dare not be careless in the slightest. As for the situation of other companies, I don’t know!”

(End of this chapter)