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According to an anonymous source within Yangtze Memory Technologies Co., Ltd. (YMTC), cited by US media outlet The Wire China, the company expects the global shortage of memory chips to continue for at least three years, with rising chip prices alrea

2026-10-05

According to an anonymous source within Yangtze Memory Technologies Co., Ltd. (YMTC), cited by US media outlet The Wire China, the company expects the global shortage of memory chips to continue for at least three years, with rising chip prices already prompting some production capacity to be shifted towards higher-profit memory products. Although YMTC faced a survival crisis after the US added it to its Entity List at the end of 2022, the company has gradually recovered through supply chain substitution and production system adjustments. (Source: The Wire China)

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2026-10-05

Saudi Aramco CEO: Nearly 3 billion barrels of crude oil supply have been lost, representing about half of the crude oil and products that normally pass through the Strait of Hormuz. The loss of over one billion barrels of oil supply from these invent

Saudi Aramco CEO: Nearly 3 billion barrels of crude oil supply have been lost, representing about half of the crude oil and products that normally pass through the Strait of Hormuz. The loss of over one billion barrels of oil supply from these inventories, mostly from onshore commercial storage, has been mitigated, and this is seen as the “last major tool.”
2026-10-05

WTI crude oil fell below $89 per barrel, down nearly 1.5% on the day.

WTI crude oil fell below $89 per barrel, down nearly 1.5% on the day.
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