Tech stocks today: Chip stocks rebound after Nvidia's Jensen Huang says investors should be 'very happy'

LIVE Tech stocks today: Chip stocks rebound after Nvidia's Jensen Huang says investors should be 'very happy' Yahoo Finance Updated Mon, June 8, 2026 at 2:16 PM GMT+2 1 min read ^IXIC NVDA ORCL AAPL Tech stocks rebounded on Monday morning as chip stocks recovered from a $1 trillion wipeout on Friday that dragged the Nasdaq Composite index ( ^IXIC ) 4% lower. Comments from Nvidia CEO Jensen Huang in Seoul, South Korea, lifted semiconductor names on Monday. The AI kingmaker said investors should be “excited” about the market pullback, saying that it offers traders a buying opportunity.

“We’re at the beginning of it, and whatever happened to the stock market, you should be very happy because now you can buy at a discount,” Huang said about the future of artificial intelligence. Oracle ( ORCL ) earnings on Wednesday and the company’s update on demand offer another catalyst for the AI trade this week. In other tech news, Apple ( AAPL ) will host its annual Worldwide Developers Conference (WWDC) on Monday at its Cupertino, Calif.

, headquarters. The event will be Tim Cook's last Apple developers conference as CEO and could reveal a reboot of Apple's AI strategy. In particular, investors will be searching for Apple’s launch of an AI-infused version of Siri.

Anticipation also continues to build ahead of the SpaceX ( SPAX. PVT ) initial public offering on Friday. The IPO is expected to be the largest on record, valuing Elon Musk’s rocket, satellite, and AI company at roughly $1.

8 trillion. It could also mint Musk as the world's first trillionaire . LIVE 3 updates 10 mins ago Jake Conley Intel stock surges on reports of Google purchase order for 3 million AI chips Intel ( INTC ) stock rallied by more than 11% after The Information reported that Google ( GOOG ) had asked Intel to manufacture 3 million of its in-house Tensor Processing Unit (TPU) chips.

The boon for Intel comes as Taiwan Semiconductor Manufacturing Company ( TSM ), the global leader for chip manufacturing, has been struggling to keep up with chip demand. The demand has created openings for rivals like Intel, which are seeking orders from companies such as Google. Google is expected to produce more than 6 million TPUs through 2027 and 2028, according to Morgan Stanley, in a signal of potential business for Intel.

Nvidia ( NVDA ), the global chip leader, hasn't yet placed orders with Intel but has been testing whether Intel's technology could be used to manufacture its next series of GPUs, The Information reported. Nvidia is Taiwan Semiconductor's largest customer, according to statements from CEO Jensen Huang. Today at 12:15 PM UTC Daniel Howley Apple WWDC preview: Apple gets a second shot at its AI rollout Apple ( AAPL ) will host its annual Worldwide Developers Conference (WWDC) on Monday at its Cupertino, Calif.

, headquarters. The event, Tim Cook's last as CEO of the company, will serve as a kind of reboot of Apple's AI strategy, which has lagged behind competing firms' efforts to date. The biggest news out of the show, which runs through June 12, will likely be the debut of Apple's long-delayed, AI-infused version of Siri.

Apple CEO Tim Cook gestures after a welcome ceremony for US President Trump at the Great Hall of the People in Beijing on May 14, 2026. (Brendan SMIALOWSKI / AFP via Getty Images) · BRENDAN SMIALOWSKI via Getty Images The digital assistant landed on iPhones with a good deal of fanfare in 2011 but has largely languished over the years. Siri's deficiencies have become even clearer with the advent of generative AI models, chatbots, and, more recently, AI agents.

Apple initially announced a revamped AI version of its helper in 2024, but ran into issues getting it out the door. And while Apple has launched its Apple Intelligence platform, which includes features such as writing tools, image editing, and the company's Visual Intelligence capabilities, it hasn't been enough to allay investors' concerns that Apple has fallen troublingly behind in the AI race. Read more here.

Today at 12:04 PM UTC Grace O'Donnell Chip stocks rebound on bullish AI comments from Nvidia CEO Jensen Huang Chip stocks were in recovery mode on Monday morning from a bruising sell-off on Friday as investors began buying the dip. The iShares Semiconductor ETF ( SOXX ) rose 4% in premarket trading, as semiconductor stocks, including Nvidia ( NVDA ), AMD ( AMD ), and Broadcom ( AVGO ), broadly rose. Nvidia CEO Jensen Huang encouraged the dip-buying behavior on Monday, stating that the build-out of artificial intelligence is just beginning.

During a trip to Seoul, South Korea, Huang said, “Everybody should be very excited” about the AI-fueled future. “We’re at the beginning of it, and whatever happened to the stock market, you should be very happy because now you can buy at a discount,” Huang said, according to Bloomberg. During the trip, Nvidia and SK Hynix Inc.

( 000660. KS ) announced a multiyear agreement to design AI memory chips.