Nvidia announced its latest AI chip model
Nvidia announced its new AI chips on Sunday before the latest models even shipped to customers.
The new chip model is called “Rubin.” Nvidia had announced its “Blackwell” chip in March. Huang said on Sunday that Nvidia plans to release new AI chip models at a “one-year cadence.”
Nvidia’s stock has been up more than 120 years so far even as other deep tech companies try to compete with the AI ​​leader.
— Jesse Pound, Rebecca Picciotto
Stock futures opened little changed
Stock futures were largely unchanged shortly after 6 p.m. in New York, with the three major contracts flat 0.2%.
– Jesse too
This week’s main economic report
Here are some economic and corporate updates this week. All times ET:
Monday, June 3
10 am Construction Expenditure (April)
10 am ISM production (May)
Tuesday, June 4th
10.00 JOLTS job vacancies (April)
Earnings: Hewlett Packard Enterprise, Bath & Body Works
Wednesday, June 5
10 am ISM service PMI (May)
Earnings: Campbell Soup, Dollar Tree
Thursday, June 6
8:30 am Initial unemployment claims
Earnings: JM Smucker Co.
Friday, June 7th
8:30 am May project report
— Jesse Pound, Sarah Min
(tagFor Translation)S&P 500 Index
