According to reports, Samsung Electronics is cooperating with Nvidia's request to develop an 8-layer seventh-generation high-bandwidth memory (HBM4E), which significantly reduces the stack height compared to the originally planned 12-layer and 16-layer solutions. Nvidia has proposed a speed specification of 17-18Gbps, about 20% higher than Samsung's initial HBM4E sample speed of 14.4Gbps. The product is reportedly intended for use in NVHBM. (Seoul Economic Daily)

The main Nymex crude oil futures contract has just surpassed the $85.00 per barrel mark, now quoting at $84.99 per barrel, up 1.91% on the day.

Market news: Mercedes-Benz will repurchase up to 1.1 billion euros worth of shares.

Deutsche Bank and Nomura interpret Waller's speech: Hawkish shift becomes clear, Fed's September rate hike window opens

Larry Holzenthaler, Senior Portfolio Manager at Catalyst Funds, stated that Waller's speech on Friday "successfully rebuilt market confidence." He gave the impression that the Federal Reserve is very focused on inflation and is committed to bringing it back to the 2% target. The market's reaction seemed entirely in line with the Fed's expectations: after Waller's speech, short-term interest rates rose while long-term rates declined slightly. Investors should clearly expect that the Fed will rai