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.
Yeah… The Iran war is why the bubble will pop… Damned Iran destabilizing the very healthy AI market!!1!
Are they trying to give people more reasons to root against Israel and the usa???