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$18B in pharma deals and AI 40% trade growth

chamath.substack.com · 833 words · saved by 1 readers

A summary of the interesting content that I consumed this past week…

What I Read This Week: a summary of the content that I consumed this past week… Caught My Eye… 1) The Trade Map: AI Drove One-Third of Global Growth McKinsey recently published “Geopolitics and the Geometry of Global Trade: 2026 Update”, covering economies that account for more than 90% of global commerce. The main finding was that AI-related trade, including semiconductors, servers, networking equipment, and data-center hardware, grew by close to 40% in 2025, compared with a 6.5% global average, and accounted for roughly 30% of total trade growth. The April 2025 Liberation Day tariffs…

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