Intel and Micron Technology on Tuesday unveiled what they touted as a new kind of memory chip that could "revolutionize" computing devices, services and applications. Intel and Micron, both based in the United States, said chips with 3D XPoint technology, described as a "major breakthrough," were already in production and represented the first new breed of memory since the introduction of NAND flash in 1989. "This new class of non-volatile memory is a revolutionary technology that allows for quick access to enormous data sets and enables entirely new applications," Micron president Mark Adams said in a release.
The Greek stock market will reopen on Wednesday or Thursday after a month-long shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the Greek securities regulator chairman told Reuters on Tuesday. The Athens Stock Exchange (ASE) has been shut since June 29, after the government closed its banks and imposed capital controls to prevent them from collapsing in the face of mass withdrawals. Greece sent a first proposal to the ECB last week to reopen the stock market as soon as possible because it risked its place in global securities indexes if it remained closed for too long.