- 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.
The problem is that any solid prediction in an environment as unstable as this one is like trying to play billiard during a mayor earthquake. It is quite likely that this war will substantially fuck the world economy, and in the long run unleash a boom of renewable energy.