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Here's your morning TNB Tech Minute for Friday, August 1st. I'm Adriana Aspuru for the Wall Street Journal.

The Ohio midstream energy and logistics business, MPLX, said it would acquire Northwind

midstream for $2.38 billion in a deal that the company said will expand its operations

and accelerate its growth. Northwind

currently provides sour gas gathering, treating, and processing services in New Mexico.

MPLX said the purchase will be financed with debt and that it is expected to immediately

boost its distributable cash flow. The deal is expected to close in the current quarter,

but it's subject

to customary closing. An Intel's longtime expert in chip packaging, who was named its inventor of

the year in 2024, has left the company and taken a job at Samsung. Gong Duan had done pioneering

work, including using glass in new ways to package semiconductors.

People in the industry familiar with the move say it isn't directly tied to the two

company's strategy and was mostly driven by personal reasons.

Duang's departure comes as Intel is shifting its focus away from AI chips and toward chips

that are optimized for inference.

Finally, the Malaysian telecom giant Axiata group is expected to start the sale process this

month to sell a majority stake in E.Docco, the world's six largest telecommunications tower company.

That's according to people familiar with the process.

The stake is valued at up to $4 billion. The people also said that the deal is in early stages,

...