CNBC Daily Open: Nvidia stars at Computex as markets hit records - CNBC

At the Computex technology conference in Taipei, NVIDIA emerged as the star, unveiling new PC processors developed in collaboration with Microsoft, reinforcing investor optimism in the AI sector. As t... Read original →

Jensen Huang’s high-profile AI PC processor launch in Taipei—co-developed with Microsoft—not only tightens NVIDIA’s grip across the AI stack but also spikes demand for TSMC’s 3nm EUV capacity. This cascades into higher CoWoS packaging pressure on Marvell and peers, inflating BOM costs. Geopolitically, tightening U.S. export controls on AI chips to China, combined with Middle East instability and NATO nuclear posture shifts, are elevating semiconductor supply chain insurance premiums by 15–20%. Intel and AMD may counter NVIDIA’s ecosystem dominance by pivoting to RISC-V-based AI PC alternatives. Meanwhile, Goldman Sachs and other banks are fueling an AI valuation bubble amid record markets. Over the next 18 months, a global ‘AI hardware arms race’ will intensify—but geopolitical black swans, especially around Taiwan, China or the Strait of Hormuz, could abruptly shatter investor euphoria.