FOMC Decision and Nvidia Expands Optical Interconnect Capacity

KuCoinFlash

Release Time: 06/17/2026 12:52:33

Summary

Liquidity and crypto markets are reacting ahead of the FOMC decision, as the U.S. Federal Reserve is set to release its interest rate decision, policy statement, and economic projections at 2:00 AM Beijing time on June 18. New Fed Chair Wash will hold his first press conference at 2:30 AM. CFT regulations continue to shape global financial policies as Coherent and Nvidia partner to expand indium phosphide wafer production in Texas. The 6-inch wafers will enhance optical interconnect capacity, enabling high-speed AI data transmission between server racks.

Odaily Planet Daily report: Key pre-market news in U.S. stocks:

1. The three major U.S. stock index futures showed mixed movements. The Dow Jones Index futures fell 0.08%, the S&P 500 Index futures rose 0.06%, and the Nasdaq 100 Index futures rose 0.61%.

2. International oil prices turned from decline to gain today. WTI crude oil futures rose 0.91% to $75.957 per barrel; Brent crude oil futures rose 0.98% to $79.730 per barrel.

3. International spot gold and silver prices edged slightly lower. Spot gold fell 0.05% to $4,328.95 per ounce; spot silver declined 0.14% to $69.90 per ounce.

4. The Federal Reserve will announce its latest interest rate decision, policy statement, and economic projections at 2:00 AM Beijing time on the 18th. At 2:30 AM, newly appointed Fed Chair Walsh will hold his first press conference following the policy meeting.

5. Leading optical interconnect company Coherent, in partnership with NVIDIA, broke ground on an expanded indium phosphide facility in Texas, focusing on 6-inch indium phosphide wafers and optical interconnect capacity to enable AI data transmission at the speed of light between racks.

6. JPMorgan Chase expects AI hyperscale data center operators to invest approximately $5.5 trillion by 2030, an increase of $400 billion from its previous forecast.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.