A tale of two worlds

SK Chairman Warns Global Memory Crunch May Last Until 2030 SK Group Chairman Chey Tae-won warned that the global high-bandwidth memory crunch, driven by AI data center buildouts, will last until the end of the decade. Chey told reporters on the sidelines of Nvidia's annual developer conference, 'GTC 2026,' at the San Jose Convention Center in California on Monday that the memory chip shortage could last another four to five years, with supply unlikely to catch up to demand until 2030. He explained, "The supply shortage problem stems from a wafer shortage,...

Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target One week ago, when fears that the Strait of Hormuz blockade would mean a permanent collapse in oil supply (we have since seen that Iran is allowing "friendly" ships to cross the strait, especially if they grease the toll-keeper with $2 million per crossing) hit a fever pitch and pushed the price of Brent to $120, we said that "Saudi Arabia Has Already Revived More Than Half Its Oil Exports Via Hormuz Bypass."   With Iran blocking Saudi ships from...

Trump Approves DC Emergency Declaration For Potomac Sewage Spill Authored by Troy Myers via The Epoch Times (emphasis ours), President Donald Trump approved an emergency declaration Saturday for the District of Columbia following a massive raw sewage spill into the Potomac River, the Federal Emergency Management Agency (FEMA) announced. Water samples are taken from the Potomac River in Glen Echo, Md., on Jan. 23, 2026. Nathan Ellgren/AP The White House named the Environmental Protection Agency (EPA) as the lead federal agency in response to at least 240 million gallons of wastewater discharged from...