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AMD (AMD) exec. says the Co. expects server CPU market reaching USD 120bln by 2030, notes the Co. is seeing both stronger near-term demand and deeper engagement with customers on long-term capacity planning

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Meta (META) chip shipments on track to begin in H2'26.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)