Tech stocks today: Chip stocks rebound as Nvidia CEO Jensen Huang says investors should be 'very happy' about pullback

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Updated Mon, June 8, 2026 astatine 7:16 AM CDT 1 min read

Tech stocks rebounded connected Monday greeting arsenic spot stocks recovered from a $1 trillion wipeout connected Friday that dragged the Nasdaq Composite scale (^IXIC) 4% lower.

Comments from Nvidia CEO Jensen Huang successful Seoul, South Korea, lifted semiconductor names connected Monday. The AI kingmaker said investors should beryllium “excited” astir the marketplace pullback, saying that it offers traders a buying opportunity.

“We’re astatine the opening of it, and immoderate happened to the banal market, you should beryllium precise blessed due to the fact that present you tin bargain astatine a discount,” Huang said astir the aboriginal of artificial intelligence.

Oracle (ORCL) net connected Wednesday and the company’s update connected request connection different catalyst for the AI commercialized this week.

In different tech news, Apple (AAPL) volition big its yearly Worldwide Developers Conference (WWDC) connected Monday astatine its Cupertino, Calif., headquarters. The lawsuit volition beryllium Tim Cook's past Apple developers league arsenic CEO and could uncover a reboot of Apple's AI strategy. In particular, investors volition beryllium searching for Apple’s motorboat of an AI-infused mentation of Siri.

Anticipation besides continues to physique up of the SpaceX (SPAX.PVT) archetypal nationalist offering connected Friday. The IPO is expected to beryllium the largest connected record, valuing Elon Musk’s rocket, satellite, and AI institution astatine astir $1.8 trillion. It could besides mint Musk arsenic the world's archetypal trillionaire.

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Apple WWDC preview: Apple gets a 2nd changeable astatine its AI rollout

Apple (AAPL) volition big its yearly Worldwide Developers Conference (WWDC) connected Monday astatine its Cupertino, Calif., headquarters. The event, Tim Cook's past arsenic CEO of the company, volition service arsenic a benignant of reboot of Apple's AI strategy, which has lagged down competing firms' efforts to date.

The biggest quality retired of the show, which runs done June 12, volition apt beryllium the debut of Apple's long-delayed, AI-infused mentation of Siri.

Apple CEO Tim Cook gestures aft a invited ceremonial for US President Trump astatine the Great Hall of the People successful Beijing connected May 14, 2026. (Brendan SMIALOWSKI / AFP via Getty Images) · BRENDAN SMIALOWSKI via Getty Images

The integer adjunct landed connected iPhones with a bully woody of fanfare successful 2011 but has mostly languished implicit the years. Siri's deficiencies person go adjacent clearer with the advent of generative AI models, chatbots, and, much recently, AI agents.

Apple initially announced a revamped AI mentation of its helper successful 2024, but ran into issues getting it retired the door.

And portion Apple has launched its Apple Intelligence platform, which includes features specified arsenic penning tools, representation editing, and the company's Visual Intelligence capabilities, it hasn't been capable to allay investors' concerns that Apple has fallen troublingly down successful the AI race.

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Chip stocks rebound connected bullish AI comments from Nvidia CEO Jensen Huang

Chip stocks were successful betterment mode connected Monday greeting from a bruising sell-off connected Friday arsenic investors began buying the dip.

The iShares Semiconductor ETF (SOXX) roseate 4% successful premarket trading, arsenic semiconductor stocks, including Nvidia (NVDA), AMD (AMD), and Broadcom (AVGO), broadly rose.

Nvidia CEO Jensen Huang encouraged the dip-buying behaviour connected Monday, stating that the build-out of artificial quality is conscionable beginning. During a travel to Seoul, South Korea, Huang said, “Everybody should beryllium precise excited” astir the AI-fueled future.

“We’re astatine the opening of it, and immoderate happened to the banal market, you should beryllium precise blessed due to the fact that present you tin bargain astatine a discount,” Huang said, according to Bloomberg.

During the trip, Nvidia and SK Hynix Inc. (000660.KS) announced a multiyear statement to plan AI representation chips.