Tech stocks today: Nvidia CEO calls AI 'a profit generator' at Computex Taipei, unveils new laptop processor

LIVE Tech stocks today: Nvidia CEO calls AI 'a profit generator' at Computex Taipei, unveils new laptop processor Yahoo Finance Updated Mon, June 1, 2026 at 1:39 PM GMT+2 1 min read ^NDX NVDA ANTH. PVT Tech stocks rose on Monday morning, extending last week’s gains after the Nasdaq 100 ( ^NDX ) crossed the 30,000 mark for the first time amid cautious optimism for an extended ceasefire agreement between the US and Iran. The tech sector faces its next series of tests this week as a raft of labor data offers insight into how artificial intelligence is affecting the workforce, more chip and cybersecurity companies release their quarterly results , and the world’s chip giants descend on Taiwan for the annual Computex Taipei conference.

On June 1, Nvidia CEO Jensen Huang delivered his keynote address at the chip summit, where he stated that “AI is now a profit generator” and expanded upon the company’s products. Huang unveiled a new processor — RTX Spark — for Windows laptops and said that it’s ramping production of its Vera Rubin AI platform. In the private markets, Anthropic ( ANTH.

PVT ) announced last week that it had completed its Series H funding round, valuing the company at $965 billion, making the Claude Code creator more valuable than OpenAI ( OPAI. PVT ) and the most valuable AI startup in the world. Anthropic also released an update to its flagship Opus 4.

8 model last Thursday. Investors continue to assess what the looming mega IPOs from Anthropic, OpenAI, and SpaceX ( SPAX. PVT ) mean for the booming AI and tech trade.

LIVE 3 updates 26 mins ago Daniel Howley Nvidia debuts RTX Spark processor for Windows laptops, taking aim at Intel, AMD Nvidia ( NVDA ) is taking aim at Intel ( INTC ) and AMD ( AMD ) with the debut of its RTX Spark superchip for Windows laptops. The processor, which includes a Blackwell GPU and Grace CPU, will power laptops from manufacturers including ASUS, Dell ( DELL ), HP ( HPQ ), and Microsoft ( MSFT ) when it lands this fall. Unveiled during Nvidia’s GTC Taipei event, the RTX Spark, which is also coming to small desktops, is meant for customers running AI applications, content creators, and, importantly, gamers.

Nvidia CEO Jensen Huang introduces the RTX Spark laptop during his keynote speech at Computex 2026 in Taipei on June 1, 2026. (I-Hwa Cheng / AFP via Getty Images) · I-HWA CHENG via Getty Images According to the company, the RTX Spark will pack upward of 128GB of memory, a massive amount for any laptop. Memory serves as a kind of temporary holding area for data the CPU needs to access quickly.

Generally, the more memory, the better the overall performance Most laptops generally pack 16GB of memory, though higher-end systems, like a top-of-the-line MacBook Pro, can be outfitted with 128GB. But to get that configuration, you’ll have to shell out a whopping $5,099. Nvidia hasn’t announced pricing for laptops running its new chip, but it did note that the first systems will target the premium market.

However, it will also offer less powerful versions of the RTX Spark with less memory for use in lower-priced notebooks. Read more here. Today at 10:10 AM UTC Grace O'Donnell Nvidia CEO Jensen Huang calls AI a 'profit generator': Watch his full keynote address Nvidia CEO Jensen Huang took the stage in Taipei on June 1 to kick of the Computex annual semiconductor trade show to highlight the company’s products, AI factories, and more.

“Everything has changed,” Huang said. “So the first idea is that useful AI has arrived. AI is now a profit generator.

AI is now a GDP generator. Behind it is a whole new kind of computing pattern, not just a large language model, but an agent. Today, almost everything we're going to talk about is going to be based on this.

” Huang touted how Nvidia has evolved from being a GPU company to an AI infrastructure company and highlighted the next-generation Vera Rubin AI platform, calling the system “the most ambitious endeavor in the history of our company. ” Watch Huang’s full keynote address below or on YouTube : Today at 2:30 AM UTC Daniel Howley The CEOs of the world's biggest chip companies are descending on Taiwan The world’s chip giants are descending on Taiwan for the annual Computex Taipei conference this week. The gathering, which runs from June 2 through June 5, will likely feature a number of product announcements and industry updates from the likes of AMD ( AMD ), Intel ( INTC ), Nvidia ( NVDA ), and Qualcomm ( QCOM ).

Nvidia kicked things off with its own GTC Taipei beginning June 1 with a keynote from CEO Jensen Huang. Nvidia CEO Jensen Huang speaks at the company-wide convention at their T17 and T18 plots in Shilin-Beitou Technology Park in Taipei on May 27, 2026. (Photo by I-Hwa Cheng / AFP via Getty Images) · I-HWA CHENG via Getty Images The executive has been in Taiwan for the past several days, meeting with corporate partners and hosting an event for Nvidia’s future headquarters in the country called Nvidia Constellation, which will be home to some 4,000 workers.

In a statement, Huang noted that the company has dramatically increased spending in the island nation, saying Nvidia will spend upwards of $150 billion a year in Taiwan, up from $10 billion to $15 billion just four years ago, Reuters reported . Read more here for what to expect from Computex Taipei.