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As Demand Grows, US Nuclear Energy Industry Faces Looming Crunch In Reactor Fuel Supply
As Demand Grows, US Nuclear Energy Industry Faces Looming Crunch In Reactor Fuel Supply
Authored by John Haughey via The Epoch Times,
The Department of Energy (DOE) has invested billions in incentivizing domestic production of enriched uranium for the commercial development of advanced nuclear reactors, including $2.7 billion issued last month to three companies to build centrifuges and processing plants necessary to produce fuel for reactor cores.
Yet, a fuel crunch that could hobble President Donald Trump’s “nuclear renaissance” initiatives looms as soon as 2028, several experts warned during the two-day U.S....
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Oracle's Dubai Data Center Reportedly Hit As Iran Expands Attack On AI Infrastructure
Oracle's Dubai Data Center Reportedly Hit As Iran Expands Attack On AI Infrastructure
According to Reuters national security reporter Phil Stewart on X, the Islamic Revolutionary Guard Corps has targeted a data center facility operated by Oracle in Dubai.
IRAN'S REVOLUTIONARY GUARDS SAY THEY HAVE TARGETED ORACLE'S DATA CENTER IN DUBAI - STATE MEDIA
— Phil Stewart (@phildstewart) April 2, 2026
Not much is known about the IRGC strike on Oracle's data center or what type of air-delivered munitions were involved. There is no word on what damage the facility sustained.
Context on...
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May 16, 2026 / Tyler Durden
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Heavy selling swept across Asian markets on Friday, with South Korea's benchmark KOSPI plunging 6% as traders aggressively reduced exposure to the country's semiconductor sector. Samsung Electronics and SK Hynix led the decline. The catalyst for the sell-off was labor action risk headlines at Samsung, where the company's union threatened a strike that could disrupt production lines at the world's largest memory chip manufacturer.
By Saturday morning, there was a major sigh of relief: Samsung and its...
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