The Strait of Hormuz accounts for approximately 25% of the world's energy supply, making its closure a potential global energy crisis.
Pat Gelsinger joined Intel at age 18 and spent 34 years there, growing up under mentors Andy Grove, Gordon Moore, and Bob Noyce.
In the 5–6 years before Gelsinger returned as CEO, Intel returned $100 billion to shareholders via dividends and buybacks instead of investing in new factories or technology.
When Gelsinger returned to Intel in 2021, TSMC was already producing 5 times the wafer volume of Intel, and now the ratio has grown to 7-to-1.
Lovable reached $500 million in annualized revenue by May 2026, just 20 months after launch, growing by roughly $100M every 6 months.
A company called Narsa replaced more than 10 internal tools with bespoke Lovable-built applications, saving over $1 million per year in software costs.
Approximately 60% of Lovable's lowest-tier subscribers hit their usage caps and pay extra top-up fees, indicating high addictiveness and ROI for users.
Within the first week after the US-Iran MOU was signed, 20 million barrels per day of oil began flowing through the Strait of Hormuz — matching pre-war levels.
Inflation under the Biden administration peaked at 9%, while the Trump administration has not come close to that figure even in its worst month.
Vance argues that private sector unions have largely disappeared in the US, leaving workers with no institutional counterweight to corporate power — especially dangerous as AI reshapes the economy.
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