NVIDIA CEO Jensen Huang unveiled the RTX Spark AI PC chip at GTC Taipei, featuring an Arm CPU, Blackwell GPU, and unified memory to support local AI agent operations on PCs. The announcement triggered a significant market rally, with NVIDIA shares climbing over 6%, adding approximately $319 billion in market value. ARM surged more than 18% intraday, reaching a record high, while Microsoft saw a 2.3% increase. Huang's remarks at Computex, highlighting Nebius, led to an 18% rise in NBIS shares. His assertion that AI will likely enhance software demand boosted ServiceNow and Snowflake by around 10%. Analysts suggest the shift of AI from cloud to end devices will heighten focus on U.S. sectors tied to computing power and software, though short-term stock volatility may increase. BiyaPay has introduced 0-commission trading for U.S. stocks, allowing direct participation with USDT.
NVIDIA's RTX Spark AI Chip Launch Boosts AI Supply Chain Stocks
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