CHINESE SUPERCOMPUTER CLAIMS WORLD'S FASTEST RANKING
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China's LineShine supercomputer has claimed the top position in the Top500 rankings, displacing the US-built El Capitan. This marks the first time since 2017 that a Chinese machine has ranked as the world's most powerful.
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Slate Auto's electric pickup truck starts at $24,950, claiming the title of most affordable EV truck and pickup in the US market. The American-made vehicle delivers better specs than initially expected while maintaining aggressive pricing.
SK Hynix has overtaken Samsung Electronics to become South Korea's most valuable company, capping a 14-year strategic bet on high-bandwidth memory (HBM) chips that capitalized on the AI boom.
Major semiconductor companies pulled back sharply on Tuesday, with Qualcomm dropping 11.46% and Intel falling 6.82% as the sector retreated from record highs fueled by artificial intelligence demand.
SK Hynix is pursuing a US public listing to raise approximately $29.4 billion, with trading expected to commence on July 10. The South Korean memory chipmaker plans to deploy the capital toward expanding production capacity.