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SK Chairman Warns Global Memory Crunch May Last Until 2030
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,...
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May 21, 2026 / Tyler Durden
Is The Bond Market About To Break Washington
Is The Bond Market About To Break Washington
Submitted by QTR's Fringe Finance
The bond market is beginning to force reality onto Washington, and it may ultimately force an end to the Iran war long before politicians or diplomats are willing to admit it.
For months, investors have focused on missiles, retaliation headlines, oil chokepoints, and the possibility of a broader regional escalation from the Iran War. During the geopolitical noise, I urged readers not to overlook stress in financial markets that was happening before the war even started, namely in places like...
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May 5, 2026 / Tyler Durden
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Summary
Trump employs interesting new term: "We’re in, I call it a mini-war."
Fujairah says 3 injured in Iranian attack on Oil Industry Zone, UAE confirms "air defenses are now dealing with a missile threat", we have gotten reports of explosions in Dubai, which has sent oil higher and Emini futures into the red. UAE threatens retaliation.
CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step". Bessent issues remarks warning the US "will fire if fired...
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Jun 4, 2026 / Tyler Durden
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Federal authorities arrested 63 year old Newport Coast technology executive Jamshid Ghomi during an early-morning operation at his luxury Orange County residence on Wednesday, according to the NY Post.
He faces federal charges related to alleged violations of U.S. sanctions against Iran.
Investigators claim Ghomi orchestrated a long-running scheme to obtain American-made networking and computer equipment and funnel it to customers in Iran, including organizations tied to the country's military and nuclear sectors. According to prosecutors, the operation generated...
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