Gen. Nahdi said Iran can sustain missile and drone production even if the conflict lasts years, and will retain the ability to launch ballistic missiles until the war ends.

U.S. President Trump said the war is intended to prevent Iran from acquiring nuclear weapons.

CITIC Securities said the June–July pullback in major global storage stocks reflected market unwinding after peak price momentum rather than weak earnings. Q2 results broadly met expectations; product prices remain in an upcycle and AI is raising data-center revenue share. While price increases are moderating, the report sees the industry in structural undersupply through 2027, providing support for chain-wide gross margins and profitability. Suppliers are signing 3–5-year LTAs to lock in large customers; flexible pricing mechanisms and price floors should reduce earnings volatility and lift valuations. The firm favors exposure to HDD, DRAM and NAND and flags LTA progress and shareholder-return signals as key follow-ups.