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Glonghui, June 27 — Qualcomm Executive Vice President Durga Malladi stated that the company plans to apply the newly released data center chip technology announced this week to smartphones, in order to enhance local AI capabilities on mobile devices. Qualcomm’s newly launched High Bandwidth Computing (HBC) architecture adopts a vertically stacked chip design, closely integrating memory and compute units, which can significantly improve data transmission speed and efficiency. The first generation of this architecture will be launched in data centers next year and is expected to be commercially available in 2028. Malladi said, “The technology from data centers will not stop here.” The company is currently in talks with smartphone, PC, and automobile manufacturers regarding the relevant technology.

BlockBeats News, June 27th, according to Onchain Lens monitoring, a wallet associated with Vitalik, "0xD04," transferred 7,000 ETH to a new wallet (worth $11.06 million). Referring to the address's past transaction records, this ETH is likely being deposited into a CEX. Previously, it transferred 1,300 ETH (worth $31.6 million), which was then deposited into Paxos. The wallet currently holds 20,001 ETH (worth $31.6 million).

In the 7 days ending June 25, Circle issued approximately 6 billion USDC and redeemed roughly 7.1 billion USDC, resulting in a decrease of about 1.1 billion USDC in circulation. The total circulation of USDC stands at 73.6 billion, with a reserve of around 73.9 billion USD, including approximately 52.2 billion USD in overnight reverse repo Treasuries, about 10 billion USD in Treasury securities with a maturity of less than 3 months, roughly 11 billion USD in deposits at systemically important institutions, and about 700 million USD in other bank deposits.