The memory industry may be ensnared by an oversupply in the first half of 2025, as server demand in China is experiencing a decline, according to industry sources.

Toyota has announced a US$1 million donation toward the upcoming US presidential inauguration, joining American automakers Ford and General Motors in similar commitments. This strategic move reflects Toyota’s efforts to maintain positive relations in the US market amid previous tensions over Mexican manufacturing plans and potential tariffs.

The US Department of Defense (DoD) has added Tencent Holdings, Contemporary Amperex Technology Co., Limited (CATL), and ChangXin Memory Technologies (CXMT) to its blacklist of entities allegedly tied to the Chinese military. This annual update to the Section 1260H list now includes 134 companies, as published on the Federal Register’s website.