AMD CEO Lisa Su expects data center sales to double by 2027. The company will launch rack-level products in 2027 equipped with MI500 GPU, Verano CPU, Pensando networking technology, and will adopt both copper and fiber optic expansion domains. The company anticipates surpassing the annual earnings per share target of $20 set at the 2025 Financial Analyst Day.

Astera Labs (ALAB.US) reports outstanding results and benefits from policy tailwinds! Q3 guidance greatly exceeds expectations, and the potential optical module ban completely opens up space for the stock price to rise.

Spot gold has just surpassed the $4080.00/oz mark, now trading at $4080.57/oz, up 0.08% on the day; COMEX gold futures main contract is now at $4135.50/oz, down 0.41% on the day.

According to reports, JPMorgan is close to reaching a deal to acquire Idex, a French heating and cooling network operator owned by Antin. Including debt, the transaction values Idex at approximately 3.8 billion euros (about 4.4 billion US dollars).

Nvidia surges over 2% in after-hours trading as SpaceX plans to exclusively use Nvidia's AI computing architecture and deploy a space data center; Arista jumps over 11% with both Q2 results and guidance exceeding expectations; Rocket Lab rises over 3% after securing a $397 million US military contract.