Luke Vargas

Goldman's board is expected to finalize the DEI walkback this month.

In Asia, Japanese stocks slipped today while Chinese and Korean stock markets were closed for the Lunar New Year.

European stocks are gaining in midday trading, and U.S.

stock futures are pointing to a lower open with Nasdaq 100 contracts leading losses.

And we've got a lot more coverage of the day's news on the WSJ's What's News podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

I think the potential of agentic is to rethink how work gets done overall.

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

Get ready for pricier electronics as a memory chip shortage squeezes consumer tech.

Plus another week, another partial government shutdown with no immediate end in sight.

And we'll dig into the strangest American winter in years.

It's Tuesday, February 17th.

I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.

A growing and acute shortage of memory chips is squeezing the makers of phones, laptops, and game consoles, sending consumer tech prices skyrocketing.

With AI demand gobbling up high-end semiconductors, our Korea bureau chief Tim Martin said that non-AI buyers are having to choose between raising prices, trimming margins, or reducing device memory.

And Tim told us that even some of the bigger tech companies won't be immune to the memory shortage.

Tim said that the current chip crunch does have parallels to pandemic-era shortages, but is likely to be more severe and longer-lasting.

The heart of the issue is chip manufacturing, with new factories or fabs being built, but just not quickly enough.

U.S.

memory chip maker Micron is rushing to add capacity.