Other sectors have rallied on AI demand, raising the stakes for the chipmaker's latest quarterly update.
Egyptian Foreign Minister Sameh Shoukry headed on Wednesday to Tehran to participate in the funeral of Iranian President Ebrahim Raisi who died in a helicopter crash on Sunday, the foreign ministry said in a statement. "Shoukry's visit is the first visit by the Egyptian foreign minister to Iran," Iran's semi-official Tasnim news agency said. Relations between Egypt and Iran have often been fraught in recent decades although the two countries have maintained diplomatic contacts.
Interest payments on the national debt are set to eclipse defense spending this year for the first time ever.