Reuters (June 24)
“The AI boom has led to the biggest upswing ever, as demand for memory created a huge bottleneck.” Micron Technologies, now worth $1.3 trillion, has benefited handsomely from this “as the company’s ballooning gross margin shows,” but the rise “is straining tech giants and investor credulity alike.” It won’t last forever. “Boom and bust cycles are built on human greed. It’s very hard to resist the urge to keep boosting production when times are good. Historical patterns suggest the memory shortage will likely end suddenly and hard.”
Tags: AI boom, Ballooning, Boom, Bottleneck, Bust, Credulity, Demand, Gross margin, Human greed, Investor, Memory, Micron, Production, Tech giants, Upswing
Time (November 10 Issue)
“Ballooning health care costs are driving up the price of insurance for the 154 million Americans who rely on employer-sponsored coverage,” where an average increase of 6.5% is expected in 2026, “the highest increase since 2010.” Things are even worse for those who do not have employer-sponsored coverage. Those covered by Affordable Care Act (ACA) plans are likely to see their premiums “rise by an average of 75% in 2026.”
Tags: 2010, 2026, ACA, Ballooning, Costs, Coverage, Employer-sponsored, Health care, Insurance, Plans, Premiums, Price, U.S.
