https://www.cnn.com/markets/fear-and-greed
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Larry Fink just said something that every investor needs to hear.
“The United States is short power, short compute, short chips. There are going to be shortages in all three and memory makes four. I actually believe a new asset class will be buying futures of compute.”
Think about what that means.
The chairman of BlackRock, the largest asset manager on the planet with $11.5 trillion under management, is saying compute will trade like oil. Like grain. Like natural gas. A commodity so scarce and so structurally in demand that a derivatives market will emerge just to price the shortage.
This is not a temporary bottleneck.
AI infrastructure demand is growing at 80%+ annually while DRAM supply grows at just 16%. Advanced HBM production from Samsung, SK Hynix and Micron is sold out through 2026 and into 2027. A single AI server consumes 10 to 20 times more memory than a conventional workload server.
The chip crunch, the power crunch, and the compute crunch are structural. They will get worse before they get better.
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