Entering the third quarter, the air freight market has split along regional lines, with Taiwan, South Korea, Malaysia, Thailand and Singapore remaining tight on U.S. and European routes while demand in Europe has softened. Freight forwarders said the front-loading effect tied to U.S. tariff policy has gradually faded, and transpacific ocean rates have eased from earlier highs even as the peak season begins.

Memory chips account for roughly 62% of the cost of Nvidia’s next-generation AI platform, Vera Rubin, according to a new cost breakdown. The biggest single line item is not HBM4 but SOCAMM2, the LPDDR5X memory module attached to the Vera CPU, which runs close to US$20,000 per Superchip.