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The AI Boom Is Creating A Global Memory Chip Shortage
The AI Boom Is Creating A Global Memory Chip Shortage
A global shortage of memory chips is emerging as demand for artificial intelligence infrastructure surges, according to a new report from Bloomberg.
Large technology companies are locking in supply by signing long-term agreements and paying higher prices to guarantee access to chips years in advance. Because these deals are more profitable, chip manufacturers are increasingly directing production toward AI customers. This shift has reduced the number of chips available for other products such as laptops, smartphones, gaming consoles, and cars, pushing...
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Jun 8, 2026 / Kyle Anzalone
Treasury Department Says Iranian Assets Will Be Used to Rebuild Gulf States
The White House is preparing to make Iranian assets available to Gulf Arab states to help the countries recover after the conflict caused significant damage throughout the region. CBS News reported speaking with a source who said that Washington will make Iranian assets accessible for rebuilding US Gulf allies related to any future damage inflicted […]
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Apr 2, 2026 / Tyler Durden
Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe
Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe
Via Middle East Eye
Iraq has restarted overland oil exports through Syria, marking a significant shift in regional energy logistics as the US-Israeli war on Iran continues to wreak havoc on traditional shipping routes through the Strait of Hormuz.
Ali Nazar, director general of Iraq’s state oil marketer Somo, said on Wednesday that the company had agreed to export 50,000 barrels per day of Basra medium crude via Syria to the Mediterranean, with plans to increase volumes. The crude will reach European markets through the Syrian port of...
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Jun 1, 2026 / Tyler Durden
Jill Biden's Memoir Tour Is Getting Trashed From The Left
Jill Biden's Memoir Tour Is Getting Trashed From The Left
Jill Biden has launched a book tour for her new memoir, View from the East Wing, in what appears to be an effort to salvage her husband's political legacy after his 2024 campaign collapsed following his disastrous debate with President Trump.
Instead, she's reopening a wound Democrats spent two years trying to let heal. Now, former aides, party operatives, and even friendly media figures are speaking out.
Last week, the former first lady sat down with CBS News correspondent Rita Braver and...
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