S&P 500 and Nikkei hit records as Nvidia unveils AI processors with Microsoft at Computex

Summary

The S&P 500 hit a record close and the Dow reached an intra-day high as markets reacted to news from Computex, a major tech conference in Taipei. Nvidia, the world's most valuable company by market cap, unveiled new PC processors developed with Microsoft, aiming to dominate all layers of the AI market. Nvidia CEO Jensen Huang was the standout figure at the event. Asia-Pacific markets also rose, with Japan's Nikkei 225 hitting a new record. The positive AI-driven momentum on Wall Street occurred alongside ongoing geopolitical tensions involving U.S.-Iran signals and new tariff threats on Brazil.