NATO summit statement: Allies in Ankara announced additional procurement plans totaling more than $50 billion.

CITIC Securities says rising compute demand is the primary structural growth driver for the PCB sector, forcing AI-use PCBs into high-multilayer, high-density, high-speed, low-loss and higher-reliability platform designs. The move in AI server architectures from CPU to GPU/ASIC clusters raises requirements for board volume, layer count, materials, via structures, trace precision and reliability, accelerating demand for high-multilayer boards and advanced HDI; iteration to M7–M9 low-loss substrates and faster adoption of precision processes such as mSAP is prompting full-process equipment upgrades and creating near-term opportunities for PCB equipment and upstream materials suppliers.

Trump said a ceasefire with Iran was over, sending oil prices sharply higher and knocking European banks, energy and defense stocks lower. Stoxx Europe 600 fell 1.3%. Germany's DAX dropped 1.9% — Rheinmetall -5.1%, Deutsche Bank -4.3%. France's CAC 40 slipped 2.0% — Renault and Societe Generale down ~4.3% each. UK's FTSE 100 lost 1.3%; Babcock International -4.3%. Spain's IBEX 35 led regional weakness after Trump said he did not want trade with Spain. Italy's FTSE MIB fell 1.25%; the Netherlands' AEX was down 0.3%.