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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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Apr 6, 2026 / Tyler Durden
'New Iranian Terror Group' Claims Responsibility For Attacks Across Europe
'New Iranian Terror Group' Claims Responsibility For Attacks Across Europe
A group that did not exist online or anywhere else before March 9, 2026, has suddenly claimed responsibility for a string of low-tech arson and attempted bombings at synagogues and US banks across Belgium, the Netherlands, France, and the UK.
Police in Paris at the scene of the thwarted attack on the offices of Bank of America © Nathan Laine/Bloomberg
Mainstream outlets like FT and counter-terrorism analysts are rushing to label Harakat Ashab al-Yamin al-Islamia (HAYI, or "Ashab al-Yamin") as an Iranian intelligence "hybrid warfare"...
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May 27, 2026 / Tyler Durden
Court Hands Democrats An Ugly Loss In Florida Redistricting Fight
Court Hands Democrats An Ugly Loss In Florida Redistricting Fight
A Florida judge handed Democrats a significant setback Tuesday, ruling that Gov. Ron DeSantis’s redrawn congressional map can remain in place while three state lawsuits work their way through the courts. Leon County Circuit Judge Joshua Hawkes, a DeSantis appointee, denied a request for a preliminary injunction, keeping the Republican-friendly plan intact as Florida's 2026 election machinery shifts into gear.
The ruling falls in the middle of the ongoing redistricting war sparked by Texas’s redistricting last year. California responded with its...
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Jul 9, 2026 / Tyler Durden
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure
Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom.
The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units, has become a high-profile example of the risks of repurposing aging office towers into housing at...
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