If you cheat, money will follow

Chapter 612 San Jose Auction

North America, White House.

Sleeping King has already been emotionally prepared for China's successful development of EUV lithography machines.

He has long been mentally prepared to regard the semiconductor industry as a lost relic.

But, he was helpless.

Unfortunately, North American semiconductor companies have suffered a collective decline.

North American semiconductor companies will cheer and be excited about the breakthrough of China's EUV lithography machine... and sing its praises!

He believes that this is the destruction of the North American dream and the degradation of the North American spirit.

But such words cannot be said.

Because the stock market has gone up.

The decline that lasted for several months finally bottomed out and rebounded, and a great holiday came out.

Specific to the semiconductor sector, the collective boom is rising.

Western Digital rose 18%;

NVIDIA rose more than 15%;

Applied Materials and Micron Technology rose more than 12%;

NXP, AMD, and Broadcom rose 11%;

Intel rose 7%;

Fruit fell 2%.

The reason for the surge is very sufficient, pure and direct.

The launch of EUV lithography machines has lifted export restrictions on carbon nanotubes.

The China Carbon Nanotube Alliance has announced that it is studying the export of carbon-based materials. It is initially scheduled that on December 12, the carbon-based related material products of the alliance companies will be officially launched overseas.

"Mr. President..." Assistant Sleeping King walked into the office quickly.

Sleeping King looked up and asked, "Kelly, what's the matter? You look like you're in a good mood today."

"Yes, Mr. President, you will be happy to hear this news," Kelly said.

"Oh? What's the good news?" Sleeping King asked.

"Unlimited Battery, a company from California, announced that it has successfully developed a lithium-sulfur solid-state battery with an energy density of up to 1000wh/KG."

When the Sleeping King heard this, he stood up and asked: "Unlimited Battery?"

Sleep King is unfamiliar with this company.

"Mr. President, this company is a technology company focusing on the research and development of solid-state batteries." The assistant began to introduce:

“The founder, Justin, is a student of Professor Campbell, and he obtained Professor Campbell’s battery patent technology authorization.”

"He also received angel funding from Wall Street institutions."

"Unlimited Battery was established in January last year."

"Can we achieve a technological breakthrough in less than 2 years since its establishment?" Sleeping King asked.

"In fact, for more than 2 years, before the company was established, their team has been conducting in-depth research and development according to Professor Campbell's ideas." The assistant continued:

"Although the original solid-state batteries did not have market acceptance, they did not give up, and now they finally have amazing results."

Sleeping King smiled.

His eyes flashed with surprise, he clenched his fists unconsciously, waved them lightly a few times, and then said:

"Awesome, Kelly, I'm going to check out this company."

In the eyes of Sleeping King, isn't this a vivid portrayal of the North American dream?

Faced with strong competitors and the neglect of no one, a group of young technicians did not give up their efforts, were not afraid of difficulties, and achieved success amidst challenges and loneliness.

Well worth an inspirational Hollywood movie.

the next day.

Air Force 1 lands at San Jose Airport.

San Jose is a city in the southern part of the San Francisco Bay Area in California.

It is world-renowned for its high-tech industries and innovative environment.

Many well-known technology companies are located in this area.

Such as Fruit, Google, Facebook, etc.

Starting today, the name of Unlimited Battery will be added to the list of well-known technology companies.

The Sleeping King and his party came to UB Company and saw an interesting scene.

The CEOs of Ford, General Motors, Tesla, Volkswagen, BMW, Mercedes-Benz, F-Tian, ​​Honda, R-Series and other automobile giants surrounded a young man wearing a navy blue sweatshirt.

The young man is Justin, a student of Professor Campbell and the founder of UB.

Justin's appearance is unremarkable, with plain features and a thin body.

The light brown hair is a little greasy and is messily distributed in front of the forehead, forming a rough bang.

Like Aza before he became famous!

There are many Wall Street venture capital institutions behind Justin.

For example: FoundersFund, a San Francisco venture capital firm;

Greylockpartners, a top venture capital firm in Silicon Valley, has invested in star companies such as Facebook and Instagram;

FirstRoundCapital, a top venture capital firm, focuses on seed round investments;

……and many more.

Among them is the famous Sequoia Capital.

The Sleeping King did not disturb him and watched quietly from the side.

Since reporters were present, this was a great opportunity for him to show his people-friendly side.

"What are they doing?" Sleeping King asked his assistant softly.

"Mr. President, they are bidding for 10% of the original equity of UB Company." The assistant said:

"UB's lithium-sulfur batteries have undergone rigorous verification for several months in the laboratories of Ford, General Motors and other companies."

"Such as 50 kilometers of durability testing, as well as thousands of charging cycle tests, etc."

"After rigorous cycle charging testing, the battery capacity retention rate is still as high as 95%."

"Test data also shows that lithium-sulfur batteries have a cruising range of up to 1200 kilometers - 1500 kilometers."

"This has greatly stimulated the interest of these car companies, and they have regarded UB as the best alternative to maintain supply chain security."

The Sleeping King was very satisfied with his assistant's answer.

In the past few years, the global new energy vehicle industry has been dominated by China Kirin Batteries.

Many countries and car companies are very uneasy. They urgently need a new player to enter the game and break the monopoly of Kirin batteries.

"What are these Wall Street institutions doing? Is it investment?" Sleeping King asked again.

The assistant shook his head and continued to explain: "They are the investment institution of UB's angel round."

"They come here to embolden and endorse UB."

"They are worried that Justin, a young man, will lose his sense of proportion under the watchful eye of the old fox, the giant car company, and his interests will be damaged."

"They hope that Justin will set a more ideal and realistic price for UB's valuation, preferably at a high premium."

The Sleeping King is very satisfied again, the industry needs capital intervention.

Once capital intervenes, it means that the industry has mature conditions or conditions for commercial promotion.

"Now, what is the valuation of UB company?" Sleeping King continued to ask.

"Currently, the valuation given by Wall Street is US$200 billion." Kelly said:

"Today, only two of these car companies can obtain investment qualifications."

"Looking at the current situation, the valuation of US$200 billion will be significantly increased."

Yes, whether it is Ford, GM, Volkswagen, BMW, Mercedes-Benz, or F-Tian, ​​Honda, R...

Their CEOs all look eager and determined to win.

They deliberately kept a distance from each other and had no eye contact, let alone verbal communication.

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