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.
TSMC has their infra rigged to blow. Naive to think they’d let the Chinese have it
Would still wreck the world more than China itself
Everyone has a self destruct button these days it feels like.