Earnings360 Newsletter for 12/12/2024

Washington has taken an ownership stake in Intel, carved out a cut of Nvidia's and AMD's chip sales, and reportedly fielded an offer to own 5% of the largest AI company on the planet. The government is shifting from referee to shareholder in the most important technology race of the century.

When the rules change, the winning trades change with them. Some blue chips sitting in your index fund are now on the wrong side of this shift - while a select group of companies pulled into the new arrangement may be treated like national treasures.