3 Comments
User's avatar
Andrew Stanco's avatar

Reminds me of the fact that J. R. Simplot, the potato magnate, invested in another “chip” business in the 1980s: Micron.

Expand full comment
Gary Mersham's avatar

Cheers to profits from “undesirable”, but economically efficient sectors,to fund strategic industries A peculiarly innovative idea.

Expand full comment
Ivan Encinas's avatar

Fascinating read. I didn't think I'd see a connection between Moutai and chip investments, though after reading this it makes sense. Curious to see if more "undesirable" companies will start investing in national strategic industries.

Expand full comment