The AI boom, the chips behind it and the money paying for it.
Since 1962 Singapore has paid Johor 3 sen for every 1,000 gallons of raw water. Now AI data centres want the same river.
Singapore · Malaysia
Asia's two most important chipmakers reported record quarters, and their stock markets fell apart. Is it 1997 again?
South Korea · Taiwan · Indonesia · China
Tesla flew a car at a rocket site. By 10:52 the next morning, the stock had given back every cent of the hype.
United States
On page 78 of Microsoft's annual report: $329 billion of leases that don't count as debt. Across Big Tech, at least $1.65 trillion.
United States
A 21-mile strait in the Middle East and a $27 billion data center in Louisiana look unrelated. They are dominoes.
Iran · United States