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News & Articles By Edison Reed
07/19/2026
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By Edison Reed
Intel Ships First Commercial Chips Built with Next-Gen Lithography
Intel has announced it shipped the first commercial chips manufactured using high-numerical aperture extreme ultraviolet (High-NA EUV) lithography, according to a company statement. The chips, part of the Panther Lake processor family, are intended for client computing and represent a milestone in semiconductor production, officials said. The High-NA EUV tool, supplied by ASML, allows printing […]
07/17/2026
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By Edison Reed
AI Firms Fuel San Francisco’s Office Market Recovery, Driving Record Leasing Demand Nationwide
Artificial intelligence firms are leasing office space at a record pace across the United States, with demand surging 85% in the 12 months through May, according to a report published July 9 by the commercial real estate platform VTS. The report states that AI companies accounted for 16.8 million square feet of office demand across […]
07/15/2026
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By Edison Reed
Global Smartphone Shipments Hit 13-Year Low as Memory Chip Crisis and AI Data Center Demand Devastate Consumer Electronics Market
Global smartphone shipments fell 11% year over year in the second quarter of 2026, reaching the lowest level in 13 years, according to a preliminary market monitor report by Counterpoint Research released July 13. The decline was driven by a persistent shortage of memory chips, as manufacturers shifted production capacity to support artificial intelligence data […]
07/13/2026
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By Edison Reed
State Renewable Policies, Not Market Forces, Drive U.S. Grid Reliability Challenges, Analysts Say
State-level renewable portfolio standards and carbon-free mandates are creating reliability challenges for U.S. electricity grids, according to grid operators and energy analysts. PJM Interconnection and other regional transmission organizations have reported that retiring baseload generation, driven by policy not market demand, has led to tighter reserve margins, officials said. The North American Electric Reliability Corporation […]
07/13/2026
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By Edison Reed
AI Growth Drives Global Competition for Electricity as Strategic Resource
The expansion of artificial intelligence (AI) is creating a surge in electricity demand that analysts say is reshaping global energy markets. A single ChatGPT query consumes roughly 10 times the energy of a standard Google search, according to industry estimates cited in a July 2026 report by OilPrice.com. McKinsey projects AI data center capital expenditure […]
07/03/2026
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By Edison Reed
Renewable Energy Policies Linked to Rising Energy Costs, Economic Strain, Report Says
A growing body of evidence indicates that aggressive renewable energy mandates are contributing to higher electricity prices and economic strain in several regions, according to recent analyses and government data. In Massachusetts, a coalition of climate activist groups sent a letter to Governor Maura Healey and state officials in March 2025 urging immediate action to […]
07/01/2026
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By Edison Reed
AI Data Center Expansion Faces Grid Constraints as Power Demand Surges
The rapid expansion of artificial intelligence data centers is encountering a significant obstacle: insufficient capacity on electrical grids to support them. According to industry projections, AI-related infrastructure spending could exceed $5 trillion by 2030, with data center capacity demand reaching 100 gigawatts, according to McKinsey and JLL estimates cited by Charles Kennedy on OilPrice.com. Utilities […]
06/29/2026
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By Edison Reed
Oman Rules Out Strait of Hormuz Transit Fees as Tehran, Muscat Form Joint Oversight Panel
Omani Foreign Minister Badr Al-Busaidi announced on Thursday, June 25 that no transit fees would be imposed for shipping through the Strait of Hormuz, according to a statement released by Oman’s Foreign Ministry. Al-Busaidi stated that “future arrangements regarding the strait do not entail the imposition of any transit fees,” the ministry reported, during a […]
06/22/2026
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By Edison Reed
Kuwait Expects Oil Output to Reach 2 Million Bpd Within a Week, KPC CEO Says
Kuwait expects to raise its oil production to 2 million barrels per day within a week, according to Sheikh Nawaf Saud Al-Sabah, deputy chairman and chief executive officer of Kuwait Petroleum Corporation (KPC). The estimate was provided to Kuwait News Agency amid the reopening of the Strait of Hormuz following a memorandum of understanding between […]
06/21/2026
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By Edison Reed
Amazon in Talks to Sell Trainium AI Chips to Third Parties
Amazon is in talks to sell its custom-built Trainium artificial intelligence (AI) chips for use in other companies’ data centers, according to a Bloomberg report cited by ZeroHedge. The initiative represents a key expansion of Amazon Web Services’ (AWS) efforts to challenge Nvidia’s dominance in the AI hardware market. Peter DeSantis, Amazon’s AI chief, confirmed […]
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