Thailand has canceled its proposed Land Bridge Project after a government review concluded that the cross-country route would generate lower-than-expected returns and could harm the environment. Finance Minister Ekniti Nitithanprapas announced the decision on July 24, according to Bloomberg and The Nation.
AI-driven demand is tightening the global memory market just as China's leading DRAM producer, ChangXin Memory Technologies, or CXMT, accelerates capacity expansion after a record IPO.
China's blistering pace of new-car launches — expected to average four new vehicles a day in the first half of 2026 — is shifting from a market-winning tactic to a key driver of industry reshuffling and shakeouts, intensifying cutthroat competition in the auto market.
AI spending is broadening the memory upcycle beyond high-bandwidth memory, lifting prices for conventional DRAM, NAND flash and enterprise SSDs while reshaping earnings at SK Hynix and Samsung Electronics.