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Intel announces Thunderbolt 5 with double the bandwidth (40 Gbps to 80 Gbps)
(www.macworld.com)
This is a most excellent place for technology news and articles.
Yep. It's also compatible with most all Thunderbolt 4 functionality. https://arstechnica.com/gadgets/2022/09/breaking-down-how-usb4-goes-where-no-usb-standard-has-gone-before/3/#h3