🚨IRAN JUST PUT BIG TECH IN DANGER
QATAR'S HELIUM PLANT JUST GOT HIT, WHICH PRODUCES 33% OF THE GLOBAL SUPPLY
12 countries heavily rely on Qatar's Helium, with no substitute or restart timeline
It could take 5 years until normal production is resumed due to the damage
The use case of Helium is massive, including:
🇬🇧UK - NHS hospitals with MRI machines facing supply tightness. No in-house helium production
🇨🇳China — Imports helium for chip fabrication and MRI
🇹🇼Taiwan — Makes 18% of global chips
🇰🇷South Korea — 64.7% of all helium imported from Qatar is worth $226.9 million annually. Samsung uses it in device builds
🇯🇵Japan — Big chip fabrication and MRI manufacturer hub with only a 60-day supply reserve
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