1 hour ago
Nvidia unveils latest AI chip model
Nvidia unveiled its new AI chips on Sunday, ahead of the latest models starting shipping to customers.
The new chip model is called “Rubin.” Nvidia announced its “Blackwell” chip in March. Huang said Sunday that Nvidia plans to release new AI chip models on a “one-year cycle.”
Nvidia’s shares have risen more than 120 points so far this year, even as other well-funded tech companies try to compete with the AI leader.
— Jesse Pound and Rebecca Picciotto
1 hour ago
Stock futures little changed
New York stock futures were little changed just after 6 p.m., with the three major contracts within 0.2% of flat.
Jesse Pound
2 hours ago
Major economic reports this week
Here’s some of the economic and corporate news to watch this week. All times are Eastern time.
Monday, June 3
10:00 AM Construction Spending (April)
10:00 AM ISM Manufacturing Index (May)
Tuesday, June 4
JOLTS Jobs at 10AM (April)
Revenue: Hewlett Packard Enterprise, Bath & Body Works
Wednesday, June 5
10:00 AM ISM Services PMI (May)
Profit: Campbell Soup, Dollar Tree
Thursday, June 6
8:30 a.m. Unemployment claims
Revenue: J.M. Smucker Co.
Friday, June 7
8:30am May employment report
— Jesse Pound, Sarah Min
