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Iran denies closure of Hormuz, temporarily waives transit fees but may impose insurance fees in the future; US military says over 20 ships have passed through the strait.

Iran denies closure of Hormuz, temporarily waives transit fees but may impose insurance fees in the future; US military says over 20 ships have passed through the strait.

``` After the United States announced the lifting of the maritime blockade on Iran, and Israel and Lebanon's Hezbollah reached a ceasefire, the world's most closely watched global energy chokepoint, the Strait of Hormuz, is gradually resuming normal navigation. The Iranian Foreign Ministry on Thursday publicly denied

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Before the appointment, former SK Hynix CEO was chosen to lead the packaging business; Intel's stock price surged 10% to a record high.
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``` Before the appointment, former SK Hynix CEO was chosen to lead the packaging business; Intel's stock price surged 10% to a record high. ```

``` Intel is accelerating the restructuring of its foundry division to target the AI chip manufacturing market. According to Reuters, the company on Thursday appointed former SK Hynix CEO Seok-Hee Lee as Executive Vice President of the foundry division, reporting directly to CEO Pat Gelsinger, and responsible for advanced packaging, system

80 million barrels of crude oil are ready to pass through the Strait of Hormuz.

80 million barrels of crude oil are ready to pass through the Strait of Hormuz.

``` As the temporary US-Iran agreement tears a gap open for the reopening of the Strait of Hormuz, as much as 80 million barrels of backlog crude oil from the Persian Gulf are poised to be released. Yet physical risks and data blind spots make the long-awaited supply chain repair full

From the "Token Race" to "Token Throttling": With a Monthly Per Capita Cost of $7,500, Sky-High Bills Force Tech Giants to Hit the Brakes

From the "Token Race" to "Token Throttling": With a Monthly Per Capita Cost of $7,500, Sky-High Bills Force Tech Giants to Hit the Brakes

``` Enterprise AI spending is undergoing a directional reversal. Tech giants that once motivated employees to consume large amounts of tokens through rankings are now setting limits on AI usage. "Tokenmaxxing" (maximum consumption) is quickly giving way to "tokenminimizing" (maximum saving), and a wave of AI budgeting

Google and Microsoft join forces to launch a new protocol as traditional tech giants use standards battles to encircle Anthropic and OpenAI.

Google and Microsoft join forces to launch a new protocol as traditional tech giants use standards battles to encircle Anthropic and OpenAI.

``` Traditional tech giants such as Google and Microsoft are joining forces to build a new technological barrier, aiming to thwart OpenAI and Anthropic’s aggressive expansion in the enterprise AI market. On June 18, according to The Information, Google, Microsoft, Salesforce, Snowflake, ServiceNow, and other companies jointly announced their support

SemiAnalysis: Half of US Data Centers to Shut Down by 2026? This Is an “AI-Coded” False Alarm

SemiAnalysis: Half of US Data Centers to Shut Down by 2026? This Is an “AI-Coded” False Alarm

The pessimistic narrative about the slowdown in U.S. data center construction has swept the market, but the truth behind the bearish sentiment is prompting rational investors to reconsider this collective misjudgment. On June 18, the independent industry research institute SemiAnalysis published an article explicitly refuting the extreme view widely

Energy costs drive up inflation pressure! South Korea's PPI rises 8.5% year-on-year in May, hitting a near four-year high.

Energy costs drive up inflation pressure! South Korea's PPI rises 8.5% year-on-year in May, hitting a near four-year high.

``` Producer price inflation in South Korea continues to heat up, making market assessments of the Bank of Korea’s monetary policy outlook increasingly complicated. According to data released by the Bank of Korea on Friday, the PPI rose 8.5% year-on-year in May, marking the biggest annual increase since July