May. 14 at 1:55 AM
$MU $MSFT $NVDA $GOOG
NVIDIA "Flash Calls": There are unconfirmed reports that supply-chain managers for the "Big Three" (Microsoft, Meta, Google) have been making direct inquiries to Micron's Singapore and Taiwan offices tonight, essentially asking for "guaranteed allocation" if the Samsung Pyeongtaek lines go offline.
The "Asian Desk" Chatter (Friday Morning, May 14 Seoul Time)
I am monitoring the flow from the major desks in Seoul, Tokyo, and Sydney. The sentiment has shifted from "panic" to "strategic positioning."
The "Emergency Arbitration" Bluff: The latest word out of the Korean Ministry of Labor (as of 10:45 AM Seoul time) is that they are hesitant to pull the "Emergency Arbitration" trigger. Minister Kim Young-hoon just stated that "dialogue is still the priority."
+1
The Deduction: The market is realizing the government is stuck. If they force arbitration, they risk a "wildcat strike" (illegal walkout) that would be even more chaotic.