ITHACAIthaca Protocol Price

On August 24, Caixin reported that the National Development and Reform Commission (NDRC) released the 'Draft for Solicitation of Opinions on Foreign Investment Management (Revised)', inviting public feedback from August 21 to September 20, 2026. The draft expands the definition of investors to include domestic enterprises, other organizations, and individual residents, and clarifies that reinvestment by investors abroad also falls under foreign investment. Regarding the regulation of foreign investment, investors must obtain approval documents or filing notices before proceeding with foreign investments, covering aspects such as classification and regulatory responsibilities, as well as the procedures and timelines for approval and filing. For newly included individual residents, the approval authority is the NDRC, while the filing authority is the provincial-level development and reform department of their registered residence or habitual residence.

On August 24, Caixin reported that the National Development and Reform Commission (NDRC) released the 'Draft for Soliciting Opinions on the Management Measures for Foreign Investment (Revised)', inviting public comments from August 21 to September 20, 2026. The draft expands the definition of investors from enterprises to include domestic enterprises, other organizations, and individual residents, and clarifies that reinvestment by investors abroad also counts as foreign investment. Regarding the regulation of foreign investments, investors must obtain foreign investment approval documents or filing notices before proceeding with foreign investments, covering aspects such as classification and regulatory division of foreign investments, as well as the procedures and timelines for approvals and filings. For newly included individual residents, the approval authority is the NDRC, while the filing authority is the provincial development and reform department of their registered residence or habitual residence.

"The memory wall still exists, and the situation may even be worsening." Ragu Sriramaneni, an expert in HBM design architecture at Micron, expressed this view at the semiconductor academic conference Hot Chips 2026 held at Stanford University on the 23rd local time. The memory wall refers to the phenomenon where the performance of computing chips improves rapidly, but the memory responsible for data transmission cannot keep up with the computing speed, creating a performance bottleneck. In the era of artificial intelligence, this bottleneck has not only persisted but has become increasingly severe. Sriramaneni stated that the computing performance of AI accelerators improves approximately threefold every two years, while the performance of HBM (High Bandwidth Memory), which supplies data, has increased by less than twofold during the same period. Even if a chip has strong computing capabilities, if the data transmission channel is narrow, the overall performance will ultimately be constrained by the speed of the channel. He predicts, "Breaking the boundary between computing units and memory through new architectural designs will be a pathway to overcoming the memory wall."