The Dow Jones increased by 0.3%, while the S&P 500 rose by 0.5%. CoreWeave surged approximately 21% after its Q2 revenue doubled, exceeding expectations, with backlog orders reaching $104 billion. AMD saw a rise of about 9% due to sustained demand for AI infrastructure, with last quarter's sales nearly doubling and guidance for this quarter and the new fiscal year significantly surpassing expectations. Optical communication stocks broadly increased, with Lumentum rising around 11% as strong AI optical communication demand led to a doubling of its revenue last quarter, and its guidance for this quarter also exceeded expectations, despite a debt restructuring resulting in a massive loss of over $7 billion. Marvell Technology climbed about 5%, Coherent rose about 7%, Credo increased around 7%, and Corning gained about 5%. Nebius saw an increase of approximately 15% after its Q2 revenue exceeded expectations. Memory chip stocks also broadly rose, with SK Hynix increasing by about 6%. Data showed that the U.S. core inflation in July performed moderately, which may ease pressure on the Federal Reserve to raise interest rates. The core CPI in July increased by 2.5% year-on-year, matching the lowest growth rate since March 2021 and in line with expectations, compared to a previous increase of 2.6%.