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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[–] 15 points 6 months ago

Kids getting bombed in their schools, but won’t someone please think of the tech companies and their pet projects that no one asked for??

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  • [–] 6 points 6 months ago (1 child)

    We're already in a recession, imo.

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  • [–] 2 points 6 months ago

    If you are in the USA, I think so. Probably including January and February.
    The illegal war against Iran however, could throw the global economy into a recession very quickly.
    And the only ones to blame are Israel and USA.

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