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Memory-Chip Crunch Hits Smartphone Demand Across China
Memory-Chip Crunch Hits Smartphone Demand Across China
Prices for electronic devices reliant on advanced memory chips, from smartphones to gaming consoles, have risen as the AI data-center buildout tightens supply and drives component costs higher. The resulting memory-chip crunch is now weighing on consumer demand, with Goldman’s latest note showing that the pressure is increasingly visible in China’s handheld-device market.
Goldman analyst Allen Chang, who focuses on everything from smartphones to semiconductors, AI, EVs, and robotaxis, cited new data on Friday showing that China’s smartphone shipments fell 17% from a...
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Iran’s Foreign Ministry Says US Strikes on Railway Bridges are a ‘Blatant War Crime’
Iran’s Foreign Ministry on Thursday released a statement strongly condemning the latest US airstrikes in Iran and said the attacks that allegedly hit two railway bridges were a “blatant war crime.” According to Iranian media, one US strike hit an important railway bridge in Iran’s northeastern Golestan province that links Iran to Turkmenistan and China. […]
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Jul 14, 2026 / Tyler Durden
Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June
Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June
With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY...
Source: Bloomberg
Both Goods and Services costs saw YoY growth decline...
Energy dominated the decline while Core Services rose very modestly...
CPI breakdown:
Headline CPI down 0.4% MoM in...
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