Tech stocks today: Nvidia CEO calls AI 'a profit generator' in keynote speech at Computex Taipei

4 days ago 11

Mon, June 1, 2026 astatine 5:00 AM CDT 1 min read

Tech stocks ended past week with gains arsenic the Nasdaq 100 (^NDX) crossed the 30,000 people for the archetypal clip amid cautious optimism for an extended ceasefire statement betwixt the US and Iran.

The tech assemblage faces its adjacent bid of tests this week arsenic a raft of labour information offers penetration into however artificial quality is affecting the workforce, much spot and cybersecurity companies merchandise their quarterly results, and the world’s spot giants descend connected Taiwan for the yearly Computex Taipei conference.

On June 1, Nvidia CEO Jensen Huang delivered his keynote code astatine the spot summit, wherever helium stated that “AI is present a nett generator” and expanded upon the company’s products, peculiarly its Vera Rubin AI platform.

In the backstage markets, Anthropic (ANTH.PVT) announced past week that it had completed its Series H backing round, valuing the institution astatine $965 billion, making the Claude Code creator much invaluable than OpenAI (OPAI.PVT) and the astir invaluable AI startup successful the world. Anthropic besides released an update to its flagship Opus 4.8 exemplary past Thursday.

Investors proceed to measure what the looming mega IPOs from Anthropic, OpenAI, and SpaceX (SPAX.PVT) mean for the booming AI and tech trade.

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The CEOs of the world's biggest spot companies are descending connected Taiwan

The world’s spot giants are descending connected Taiwan for the yearly Computex Taipei league this week. The gathering, which runs from June 2 done June 5, volition apt diagnostic a fig of merchandise announcements and manufacture updates from the likes of AMD (AMD), Intel (INTC), Nvidia (NVDA), and Qualcomm (QCOM).

Nvidia kicked things disconnected with its ain GTC Taipei opening June 1 with a keynote from CEO Jensen Huang.

Nvidia CEO Jensen Huang speaks astatine the company-wide normal astatine their T17 and T18 plots successful Shilin-Beitou Technology Park successful Taipei connected May 27, 2026. (Photo by I-Hwa Cheng / AFP via Getty Images) · I-HWA CHENG via Getty Images

The enforcement has been successful Taiwan for the past respective days, gathering with firm partners and hosting an lawsuit for Nvidia’s aboriginal office successful the state called Nvidia Constellation, which volition beryllium location to immoderate 4,000 workers.

In a statement, Huang noted that the institution has dramatically accrued spending successful the land nation, saying Nvidia volition walk upwards of $150 cardinal a twelvemonth successful Taiwan, up from $10 cardinal to $15 cardinal conscionable 4 years ago, Reuters reported.

Read much present for what to expect from Computex Taipei.