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Intel’s market cap plummets to 16-year low as stock rout continues

While many high-tech companies saw their market capitalization drop following the introduction of President Trump's administration import duties, Intel suffered more than many others as its stock price and market capitalization declined to a 16-year low.

Third Chinese company begins HBM memory production for AI processors

Chinese memory makers are slowly but surely adopting the production of high-bandwidth memory (HBM) for AI and HPC processors. This week, Nikkei reported that a third China-based producer, Tongfu Microelectronics, began sampling its HBM products with select customers.