美國芯片股盤前上漲，此前CoreWeave業績緩解了人工智能擔憂。英偉達(NVDA.O)上漲3.1%，博通(AVGO.O)上漲3.6%，AMD(AMD.O)上漲3.6%，美光科技(MU.O)上漲5.2%，英特爾(INTC.O)上漲4.7%。高通(QCOM.O)上漲2.6%，邁威爾科技(MRVL.O)上漲6.6%，iShares半導體ETF上漲4.4%。

China A-share PCB names continued to rally in afternoon trade; Hudian rose to the daily limit, while Jingwang Electronics, Nanya New Materials, Aoshikang, Xunjiexing and Shengyi Technology also gained.

Spot gold tumbled about 3% to below $4,015/oz after US CPI topped expectations, sending US Treasury yields and the dollar sharply higher. Dallas Fed president Lorie Logan said she sees a need for at least two more 25bp hikes and that tightening may need to proceed faster than the Fed’s autumn pace; Fed governor Waller has flagged a possible 50bp move. MKS PAMP metals strategist Nikki Hills said markets now assign a higher probability to a 50bp December hike, and that the CPI beat plus rising odds of larger hikes are highly negative for gold; she added year‑end consensus is mildly bullish-to-rangebound but institutional buying may wait until January.