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Nvidia CEO Jensen Huang visits South Korea to strengthen tech ties amid global supply chain shifts.

Market News
05 Jun 2026
CNBC
View Source
Neutral
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Nvidia CEO Jensen Huang is visiting South Korea for four days to deepen business relationships amid global tech supply chain concerns and regulatory challenges in China. His visit includes meetings with top Korean tech executives, appearances on popular TV shows, and a ceremonial first pitch at a baseball game. This visit aims to bolster Nvidia's position in South Korea, a key part of its ecosystem, as geopolitical tensions impact the semiconductor industry. Despite the excitement, South Korean chip stocks fell following weak U.S. chip sector earnings.

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Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

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Equal-weighted tech ETF XNTK outperforms cap-weighted QQQ with 51.65% vs 28.43% returns over 1 year.

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The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...

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8 hours ago
S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

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Direxion Daily Technology Bull 3X ETF rated Buy on easing inflation and strong Nasdaq-100 AI growth outlook

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State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

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The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...

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