Fed Rate Decision Looms as Nvidia and Coherent Expand Optical Interconnect Capacity in Texas
2026-06-17 20:40

Data compiled by Woofun AI shows US stock index futures displaying mixed signals, with Dow futures declining 0.08% while S&P 500 and Nasdaq 100 futures gained 0.06% and 0.61% respectively. Energy markets saw WTI crude rise 0.91% to $75.957/barrel and Brent climb 0.98% to $79.730/barrel, whereas precious metals retreated slightly with spot gold down 0.05% to $4,328.95/oz and silver falling 0.14% to $69.90/oz.

The Federal Reserve is scheduled to unveil its latest interest rate decision, policy statement, and economic projections at 2:00 AM Beijing time on the 18th, followed by a press conference featuring new Fed Chair Waller at 2:30 AM. In parallel developments, optical interconnect specialist Coherent and Nvidia initiated construction on an expanded indium phosphide fabrication facility in Texas, targeting 6-inch InP wafers to enhance AI data transmission speeds.

Concurrently, JPMorgan upgraded its projection for AI hyperscale data center operator investments to approximately $5.5 trillion by 2030, reflecting a $400 billion increase from prior estimates.

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