UK to lead a European initiative to boost funding for deep precision-strike capabilities. Under the initiative, allies will invest $50 billion over the next 10 years to develop those capabilities.

Counterpoint Research director MS Hwang said recent share-price weakness does not indicate a fundamental shift in the memory-chip market. Samsung Electronics fell 6.9% and SK Hynix fell 6.1% on Tuesday, even as Samsung expects another record quarter on strong demand; some investors may view much of Samsung’s upside as already priced in on stronger profitability expectations. Hwang said recent strikes and political debate over profit-sharing could raise concerns about future shareholder returns, but manufacturers’ fundamentals remain solid. Counterpoint’s July memory-price tracking report now forecasts Q3 DRAM prices up 10–20% as customers continue to front-load orders, versus an earlier 5–10% projection.

Ming‑Chi Kuo, analyst at Tianfeng International Securities, wrote on social media that based on past patterns TSMC is unlikely to provide a major update on glass core substrate (GCS)/CoPoS at its July investor briefing, noting TSMC already disclosed key R&D results and unusually named partner suppliers at a June Japan seminar. If Kuo's inference is correct, the likelihood that Innolux and Ibiden will provide major GCS updates at their August briefings is also low.