- cross-posted to:
- technology@lemmy.world
- politics@lemmy.world
- cross-posted to:
- technology@lemmy.world
- politics@lemmy.world
cross-posted from: https://programming.dev/post/47611666
Samsung, SK Hynix, and TSMC depend on oil, gas, helium, sulphur, and bromine coming from the region, or through the Strait of Hormuz.
Marko Papic, chief strategist at BCA Research … predicts a severe hit to chip production if the strait isn’t back in operation within a month.
Could mean higher PC component prices, or even a halt in production. Could mean global recession.
Bring it on. All of these AI companies were already unprofitable and barely skating by on hype before, let’s see how they handle increasing costs, hardware shortages, unemployment, and market instability.