Fed Chair Kevin Warsh said artificial intelligence is driving a surge in capex and that demand has risen markedly.

Huatai Securities said South Korea's $1.3 trillion semiconductor strategy equals roughly 7.8x TSMC's $165 billion Arizona investment and could materially alter global industry competition and supply-demand dynamics. Under strong AI-driven demand, expansion of advanced nodes, HBM and advanced packaging capacity should sustain incremental equipment demand; semiconductor equipment vendors may receive long-term structural tailwinds from this decade-spanning investment cycle. Relevant overseas beneficiaries include leaders in lithography, deposition and etch, and coat/develop equipment, plus firms with high memory revenue exposure. Chinese beneficiaries noted include cleaning-equipment and thermal-processing suppliers with operations in South Korea.

市場消息：信函顯示，烏克蘭國防部長請求歐盟盟友將66億歐元撥付至歐盟支持的軍事援助基金，並表示烏克蘭在戰場上有6到9個月利用對俄優勢的機會窗口。