> although important constitutes a small percent of the cost of semiconductors, so its effect on price will be less severe

You should think about this some more.

Considering helium is a finite resource on earth, it should be made illegal to put it in a party balloon.

This one might last longer. The AI race is on, and the US tries its best to make it as expensive for China as possible to participate in it. Every dollar China spends on GPUs they get at markup is one not spent on building navy ships.

If there is an escalation over Taiwan, then that will cause the loss of most of the world's high grade chip manufacturing capacity. TSMC is busy doing technology transfers into the US, but it is going to take time, those fabs won't have capacity for the whole world, and they still heavily depend on Taiwan based engineers if something goes wrong etc.

Just like with COVID you don't know how long this shortage will last.

We couldn’t even make cars after COVID.

Moore's law only really works when at least part of the world is functioning under practically ideal conditions. Right now that's far from what's happening.

just do vibe performance optimization (I am not even kidding)

Vibe coding might be a positive here since there's no need to optimize for DX over perf when the clanker is the one reading/writing code.

Honestly speaking, it has started to look like AI coders could actually do a better job than 80% of app developers in writing efficient apps just by being set to adhere to best-practice programming conventions by default (notwithstanding their general tendency of trying to be too clever instead of writing clear and straightforward code).

Helium is almost all captured from gas wells by cryogenically liquefying the nitrogen out of it. I guess you could do technically do that with the fab's air but it is a LOT of volume of air to liquefy and likely costs more than even inflated helium prices.

Most helium from most wells is simply vented because it is expensive to separate even with its relatively high concentration, and I imagine even the best case scenario for capturing it from a fab has abysmal concentration of helium. But because most of it is vented it also means if the capital is put down to build more helium separators on gas wells it wouldn't take long to increase supply. Short term for a year or two it can be a problem, but beyond that it is simply a cost versus demand issue. There is neither a technological nor source limitation, it is a pure capital investment limitation.

Helium is actually pretty hard to keep ahold of, being a very light and small noble gas. It can diffuse through a surprising amount of materials, flow through far smaller cracks than you would expect, and is quite hard to filter out of a mixture of gases.

AFAIK they recapture most, but recapturing all simply isn't possible / financially feasible. And they use a lot of helium, so even if they capture most of it, the losses are still higher than the currently available supply.