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Mike Walden

Mike Walden

Film writer

Aug 11, 2026

6:14
But how does that, and I guess I want to actually go back to the global impact, the fear of what's going on, war or COVID, you know, how does that uncertainty alone, the nervousness of global markets translate into higher prices at the grocery store and on an event menu or restaurant menu? Yeah.
6:36
If I may, let me talk about the $7 bananas that you find.
6:39
Yes.
6:41
That's very, very common.
6:42
And another principle in economics is that a seller will try, certainly have supply and demand going on, but also a seller will try to read the buyer, the typical buyer that they have.
6:56
And think about it.
6:57
If you're at a nice hotel, upscale hotel, and you're there enjoying yourself, you're probably not going to be real, and you're enjoying the food there, you get breakfast, et cetera.

36 MINS LATER

43:35
And this is very, are they good? They bad? They're necessary? They're, I don't know.
speaker_0HOST
11:34
That matters because petroleum-based chemicals are essential in chip fabrication, and the pricing signals are already flashing.
11:41
The real concern here is that the petroleum-based goods coming out of the Middle East for regions in Asia, for instance, are very comprehensively used during chemical production.
11:54
And of course, chemicals are industrial, but they also do play a significant role in device fabrication, obviously.
12:03
The main challenge that we've seen right now is that spot prices for various raw materials, as well as helium gas, for instance, have really what we would consider to be the most notable indicator on semiconductor fabrication.
speaker_0HOST
12:23
Seeing as it's critical for cooling applications within chip etching, we have to ask, how long does the industry have before it becomes a real problem?
12:31
At this point in time, we still have ample supply.
12:37
That is because there happened to be a surplus, a glut, if you will, of helium prior to the situation that occurred with the Iran conflict.
12:47
We do know that fabricators have supply, not weeks of supply, typically months of supply with at least a couple indicating to us that they had sufficient supplies through the end of the year.

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