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Jensen Huang Hosts Korean Tech Power Dinner In Taipei As Nvidia Deepens Ties With Samsung, SK Hynix For Next AI Wave: 'Really Smart Companies'

Ananya Gairola — Tue, 02 Jun 2026 05:03:29 +0000

On Monday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang gathered some of South Korea's biggest technology leaders in Taipei as the chip giant looks to strengthen partnerships critical to powering the next stage of the artificial intelligence boom.

Nvidia Strengthens Korea Partnerships Ahead Of AI Demand Surge

The dinner, held at a traditional Taiwanese restaurant on the sidelines of Computex, brought together executives from major South Korean companies, including SK Hynix, Samsung Electronics (OTC:SSNLF), LG Electronics and Naver, Reuters reported.

Huang described South Korea as an essential piece of Nvidia's growing ecosystem as the company prepares for what he expects will be an increasingly busy period for AI infrastructure expansion.

"I want to go congratulate them, thank them, and also prepare for the second half of this year," Huang told reporters. "It's going to be very busy and next year is going to be incredibly busy."

The Nvidia chief added, "Korea is a critical part of our ecosystem."

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Elon Musk's Twitter Settlement 'Fair, Reasonable, And Appropriate,' Says SEC Even As Judge 'Red Flags' Deal: Not Result Of 'Any Improper Collusion'

Ananya Gairola — Tue, 02 Jun 2026 03:21:50 +0000

On Monday, the U.S. Securities and Exchange Commission pushed against concerns raised by a federal judge over its settlement with Elon Musk related to his delayed disclosure of Twitter share purchases.

SEC Says Settlement Was Reached Through ‘Arm's Length Negotiations'

In a filing submitted to federal court in Washington, D.C., the SEC defended its proposed settlement after U.S. District Judge Sparkle Sooknanan questioned whether the deal adequately served the public interest and warned she would not simply "rubber stamp" the agreement, Reuters reported.

"[The settlement is] fair, reasonable and appropriate," the regulator said, adding that it was "not the result of any improper collusion between the parties," but instead reflected "arm's length negotiations among counsel of record" and compromises by both sides.

The case centers on allegations that Musk waited 11 days too long in March and April 2022 to disclose that he had accumulated a significant stake in Twitter, ...

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Trump Says He 'Couldn't Care Less' If Negotiations Collapse As Iran Threatens To Halt Talks; Dow Futures Sink 234 Points, Oil At $92

Ananya Gairola — Tue, 02 Jun 2026 01:55:15 +0000

Late Monday, global markets turned cautious as rising tensions in the Middle East rattled investors, pushing U.S. stock futures lower and lifting oil prices amid fears of a broader regional escalation.

Dow Futures Slide As Geopolitical Risks Pressure Markets

Dow futures fell 234.00 points, or 0.46%, to 50,900.00, while S&P 500 futures slipped 30.50 points, or 0.40%, to 7,582.75 and Nasdaq 100 futures declined 185.25 points, or 0.61%, to 30,381.00 as of around 8:52 p.m. EDT.

In commodities, WTI crude oil rose 0.03% to $92.19 per barrel. Brent crude gained 0.15% to $95.12 per barrel.

Natural gas futures rose 0.25% to $3.187 per MMBtu.

Meanwhile, the U.S. dollar index stood at 99.167, down 0.01%.

Asian markets traded lower, with South Korea's KOSPI falling 1.94% to 8,617.84 and Japan's Nikkei 225 declining 1.31% to 66,055.25.

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What's Going On With Salesforce Stock Monday?

Lekha Gupta — Mon, 01 Jun 2026 17:26:07 +0000

Salesforce, Inc. (NYSE:CRM) stock jumped 10.1% on Monday, handily outperforming both the broader market and the technology sector. The Nasdaq gained 0.5%, the S&P 500 rose 0.1%, and the Technology sector advanced 2.3%.

Salesforce’s rally also coincides with strength across software stocks after NVIDIA Corp. (NASDAQ:NVDA) introduced new AI tools for autonomous driving, humanoid robots and AI factories, reinforcing investor optimism around AI-driven demand across the broader technology sector.

Investor sentiment may also be benefiting from Salesforce’s growing exposure to artificial intelligence through its stake in Anthropic. Bloomberg reported Monday that Salesforce’s investment in the AI startup is now worth about $5 billion.

Salesforce To Invest $2 Billion In France

Separately, Salesforce announced Monday that it will invest $2 billion in France through 2030, expanding its artificial intelligence capabilities and strengthening its presence in one of its largest European markets.

The investment includes a new AI Innovation Hub in Paris, workforce training initiatives and continued ecosystem expansion.

The company said Paris will host its first European Union AI Innovation Hub, supporting AI development, ...
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Tesla Stock Tests Short-Term Moving Averages Amid Surging Scandinavian Demand

Anusuya Lahiri — Mon, 01 Jun 2026 15:26:18 +0000

Tesla Inc (NASDAQ:TSLA) stock slid on Monday as investors weighed near-term stock pressure against signs that the electric-vehicle maker is recovering sales momentum across several European markets.

European Registrations Show Recovery

Tesla registrations rose in multiple European countries in May, with Sweden up 71% to 858 vehicles, Denmark up 136% to 1,750 vehicles, Spain up 113% to 1,690 vehicles, Norway up 29% to 3,345 vehicles, and France up 655% to 5,446 vehicles, Reuters reported on Monday.

In Spain, Tesla sales increased 43.8% during the first five months of the year, roughly in line with 43.6% growth for electrified vehicles.

Expert Sees Broader EV Demand Helping Tesla

ING Research senior economist Rico Luman told Reuters on Monday that Tesla is benefiting from strong growth in the broader battery-electric vehicle market, especially in Scandinavia and recovering markets such as Spain.

However, he noted that Tesla's market share is under pressure.

Competition And Strategy Concerns Weigh On Stock

Tesla stock declined as investors reacted to competitive pressure in robotics, capital-allocation concerns tied to a potential SpaceX IPO, and skepticism around any complex, non-profitable merger scenario.

The company also continues to face European pressure from Chinese rivals, limited new-model launches, and ...
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What's Going On With Micron Stock Monday?

Anusuya Lahiri — Mon, 01 Jun 2026 14:26:37 +0000

Micron Technology, Inc. (NASDAQ:MU) stock rose 4.3% on Monday, outperforming a slightly weaker broader market as investors continued piling into AI-linked semiconductor stocks.

The Nasdaq is down 0.07% while the S&P 500 has shed 0.06%.

Why Micron Stock Is Rising

Monday’s rally appears driven by continued enthusiasm around artificial intelligence infrastructure spending rather than a company-specific announcement. Technology stocks led the market higher despite weak overall breadth, helping fuel gains in semiconductor names.

The bullish sentiment follows growing analyst confidence that Micron remains attractively valued despite its massive run. Several market commentators recently argued that accelerating AI-related demand for memory chips could support further upside.

Intelligent Alpha founder and CEO Doug Clinton told CNBC that Micron’s valuation remains reasonable at roughly 10 times forward earnings, even after its explosive rally. He pointed to continued AI data-center spending by hyperscalers and enterprises, including ongoing investments from companies such as Microsoft Corp. (NASDAQ:NVDA) continues to draw bullish views from industry analysts, who point to its margin advantage, expanding AI opportunity, and powerful software ecosystem as key factors supporting its long-term growth prospects.

Margin Advantage Remains Difficult to Challenge

Dave Nicholson, Chief Research Officer at The Futurum Group, told CNBC on Monday that NVIDIA has continued to strengthen its position in the data center market and could sustain profit margins roughly 20% higher than competitors’ through 2030.

He said even his firm’s most conservative projections indicate NVIDIA will preserve a meaningful profitability advantage, leading him to characterize the company’s position as largely unmatched in the near term. “I think they are unassailable in the short term,” he said.

Nicholson also argued that NVIDIA’s valuation remains attractive because the AI-driven growth cycle is still in its early stages.

AI Adoption Is Only Beginning

Nicholson said it is too early to place a ceiling on NVIDIA’s valuation because the company stands to benefit from the expanding use of AI at scale.

He noted that the industry has recorded only a few months of positive return on investment from large AI deployments, suggesting the market remains ...
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What's Going On With AMD Stock Monday?

Anusuya Lahiri — Mon, 01 Jun 2026 12:27:33 +0000

Advanced Micro Devices, Inc. (NASDAQ:AMD) remained in the spotlight at Computex 2026 as the company reinforced its long-term PC strategy while facing a fresh competitive challenge from NVIDIA Corp.’s (NASDAQ:NVDA) push into the consumer processor market.

AMD Extends AM5 Platform Support Through 2029

AMD pledged to support its AM5 desktop motherboard platform through 2029, giving users a longer upgrade path without requiring a new motherboard.

The company positioned the move as a value proposition for PC gamers and enthusiasts who want to upgrade processors over time while keeping existing hardware, the Verge reported on Monday.

Alongside its platform commitment, AMD introduced refreshed versions of older processors.

The company unveiled a “10th Anniversary” edition of the Ryzen 7 5800X3D for AM4 users and launched the Ryzen 7 7700X3D for the AM5 platform.

By extending the life of proven gaming chips, AMD aims to attract both existing customers and users considering a transition to the AM5 ecosystem.

NVIDIA Challenges AMD In PC Processor Market

NVIDIA raised the competitive stakes by unveiling its RTX Spark Superchip, marking its most direct challenge yet to AMD, Intel Corp. (NASDAQ:INTC), Qualcomm Inc. (NASDAQ:QCOM), and Apple Inc. (NASDAQ:INTC) outlined its next phase in artificial intelligence on Monday, betting on lower-cost AI inference hardware and in-house manufacturing as it seeks to regain ground in a market dominated by NVIDIA Corp. (NASDAQ:NVDA).

Intel Targets AI Inferenace Market With New Chip

Intel plans to begin limited shipments of its new AI-focused GPU, Crescent Island, by the end of 2026.

Kevork Kechichian, who leads Intel’s data-center group, told the Financial Times on Monday that the company is rebuilding its AI capabilities by focusing on inference workloads rather than AI model training, where NVIDIA currently dominates.

He noted that Intel learned from the disappointing performance of its Gaudi AI chip program and decided not to target the training market at this stage directly.

Kechichian Highlights Lower-Cost AI Infrastructure Approach

Kechichian said Intel designed Crescent Island to address key cost challenges facing AI customers.

Unlike competing chips from NVIDIA and Advanced Micro Devices, Inc. (NASDAQ:AMD) that rely on expensive high-bandwidth memory (HBM) and liquid-cooling systems, Intel’s new GPU uses lower-cost LPDDR5 memory and air cooling.

He added that Intel is evaluating whether certain versions of the chip could be sold in China while complying with U.S. export restrictions, citing demand for products at that price point.

Intel Pushes In-House Manufacturing Strategy

Under CEO Lip-Bu Tan, Intel is also moving more aggressively toward manufacturing its data-center products in its own foundries.

Kechichian said the company intends to build Crescent Island internally, a strategy that could lower costs compared with competitors that depend on Taiwan Semiconductor Manufacturing Co. Ltd.
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What's Going On With Taiwan Semiconductor Stock Monday?

Anusuya Lahiri — Mon, 01 Jun 2026 10:15:06 +0000

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) remained in focus during Monday’s premarket session as investors reacted to new developments in its partnership with NVIDIA Corp. (NASDAQ:NVDA) and growing enthusiasm around AI-driven semiconductor production.

The stock also benefited from a broadly positive backdrop for large-cap technology shares, with major U.S. indexes trading modestly higher before the open.

NVIDIA, Taiwan Semiconductor Bring AI To The Chip Factory Floor

NVIDIA said Taiwan Semiconductor is deploying its accelerated computing and AI technologies across key manufacturing processes, including lithography, transistor and process simulation, advanced process control, and fab operations.

The initiative aims to improve production turnaround times, boost energy efficiency, increase yields, and enhance productivity at advanced fabrication facilities.

The update also highlighted Taiwan Semiconductor’s use of NVIDIA Metropolis and the NVIDIA TAO Toolkit for AI-powered defect inspection.

These tools help identify nanometer-scale defects while reducing the need for repeated data labeling and model retraining, further streamlining manufacturing operations.

Local Investors Fuel Taiwan Semiconductor’s Rally

Taiwan Semiconductor also drew attention as the valuation premium of its U.S.-listed ADRs over its Taipei-listed shares fell to a two-year low.

Bloomberg reported on Monday that the ADR premium averaged 13.7% in May, down from 26% in December, as Taiwanese investors increased their exposure to ...
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Microsoft Plans 'One Copilot' Super App To Unite GitHub Copilot, AI Chat And Agentic Tools: Report

Ananya Gairola — Sat, 30 May 2026 06:14:12 +0000

Microsoft Corp. (NASDAQ:MSFT) is reportedly building a unified Copilot super app to consolidate its growing portfolio of AI products into a single destination.

Microsoft's ‘One Copilot' Strategy Targets Fragmented AI Experience

The Satya Nadella-led company is internally developing a centralized app under the slogan "Delivering one Copilot" that would combine GitHub Copilot, Copilot chat, Copilot Cowork and a new agentic workflow capability internally referred to as Autopilot, Fortune reported on Friday, citing sources familiar with the matter.

The initiative is being led by Jacob Andreou, Microsoft's recently appointed head of Copilot, whose mandate includes bringing together the company's consumer and enterprise AI offerings into a more cohesive experience.

The app is expected to function as a central hub where users can access multiple Copilot services, including workplace-focused Microsoft 365 Copilot tools, while potentially offering a toggle between personal and enterprise accounts.

Users would still be able to access Copilot services independently outside the app.

Microsoft did ...
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Pete Hegseth Issues Stark Warning To China: '...Will Face A Clear Shift In How We Do Business'

Ananya Gairola — Sat, 30 May 2026 04:49:08 +0000

On Friday, U.S. Defense Secretary Pete Hegseth warned allies to increase military spending and cautioned China against disrupting the balance of power in the Asia-Pacific region.

US Pushes Asia-Pacific Allies To Increase Defense Spending

Speaking at the Shangri-La Dialogue security forum in Singapore, Hegseth said Washington wants a stronger network of allies capable of sharing more of the security burden instead of relying disproportionately on American military power, CNBC reported.

"For too long, the security of this region has rested disproportionately on American military power, while many of our allies and partners allowed their own defense capabilities to atrophy," Hegseth said.

He said the U.S. expects allies and partners to spend 3.5% of GDP on defense and suggested countries that increase spending will receive benefits, including faster arms sales, expanded intelligence sharing and deeper defense-industrial cooperation.

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Jim Cramer Says Dell's Blowout Quarter Could Mark A Turning Point For AI Stocks Like Nvidia And Intel: 'I Wonder If...'

Ananya Gairola — Sat, 30 May 2026 03:58:00 +0000

On Friday, fresh off Dell Technologies Inc.'s (NYSE:DELL) blockbuster earnings report, Jim Cramer said investors may be approaching a pivotal moment for artificial intelligence stocks as attention shifts to Nvidia Corp's (NASDAQ:NVDA) upcoming Computex keynote and a packed week of tech catalysts.

Dell Earnings Reignite AI Infrastructure Optimism

Cramer praised Dell's latest quarterly results, calling them one of the biggest earnings surprises he can remember as enthusiasm around AI infrastructure spending accelerated again.

"When we look back, I wonder if we'll say this was that moment when Dell simply took over the computer space," the CNBC's "Mad Money" host said Friday.

Dell shares closed Friday at $420.91, surging 32.76% and slipped 0.09% to $420.52 in after-hours trading, according to Benzinga Pro.

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Donald Trump Says No Money Will Flow To Iran Until His Demands Are Met — Then Leaves Situation Room Without Announcing A Decision On Proposed Deal

Ananya Gairola — Sat, 30 May 2026 03:40:13 +0000

On Friday, President Donald Trump left a White House Situation Room meeting without announcing whether he would approve a proposed agreement aimed at extending a fragile ceasefire with Iran.

Trump Sets Tough Conditions For Iran Deal

The development was reported by CNBC, citing an administration official. The White House did not immediately respond to Benzinga's request for comments.

Earlier Friday, Trump said on Truth Social that he would make his "final determination" after the meeting, while laying out a series of conditions Iran must meet before any agreement moves forward.

Those demands included preventing Iran from ever obtaining a nuclear weapon, keeping the Strait of Hormuz open to unrestricted shipping traffic and ensuring Iran's enriched nuclear materials are removed and destroyed under international oversight.

"No money will be exchanged, until further notice," Trump wrote, while adding that several lower-priority issues had already been resolved.

Source: Truth Social

Despite the high-profile meeting, no final decision was announced afterward.

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Dell's AI-Fueled Surge May Be Far From Over, Analysts Argue

Anusuya Lahiri — Fri, 29 May 2026 17:47:41 +0000

Dell Technologies Inc. (NYSE:DELL) drew a fresh wave of Wall Street optimism after its blockbuster earnings report, with analysts arguing the stock remains undervalued despite a nearly 29% surge as AI demand, pricing power, and cash-flow strength continue to accelerate.

Ben Reitzes Says Dell Still Looks Cheap After Its Rally

Melius Research analyst Ben Reitzes told CNBC on Friday that Dell remains undervalued even after its sharp post-earnings rally.

He said the company exceeded expectations across its business, with strength extending beyond AI servers to traditional servers and PCs.

Reitzes pointed to enterprise pricing power, AI-driven network upgrades, and growing PC demand tied to AI workloads as key growth drivers.

He also said Dell disproved concerns about margin pressure by demonstrating strong operating leverage, keeping expenses under control, and using AI internally to improve productivity.

Reitzes raised his price forecast to $560 and said Dell could deliver more than 20% long-term earnings-per-share growth while ...
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