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How the Iran war could derail the AI boom (www.ft.com)
submitted 4 months ago by to c/fuck_ai@lemmy.world
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cross-posted from: https://programming.dev/post/47611666

Samsung, SK Hynix, and TSMC depend on oil, gas, helium, sulphur, and bromine coming from the region, or through the Strait of Hormuz.

Marko Papic, chief strategist at BCA Research ... predicts a severe hit to chip production if the strait isn’t back in operation within a month.

Could mean higher PC component prices, or even a halt in production. Could mean global recession.

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[–] 13 points 4 months ago (1 child)

Yay a thing that will hurt everyone a lot and the big tech companies a little. A win is a win amirite

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