US New York Fed 1‑year inflation expectations for May to be released in 10 minutes.

US President Trump said he would consider a strike on Iran if any agreement fails.

The Information reports TSMC’s capacity shortfall is prompting major AI chip designers, including Google and NVIDIA, to quietly treat Intel as an alternative foundry. NVIDIA is evaluating Intel’s advanced packaging and 18A process for future chips, and Google has reportedly ordered Intel to produce more than 3 million TPUs in 2028. Intel shares rose over 10% in US pre-market trading on the report.