New York, June 1, 2026, 04:12 EDT
- Nvidia ended Friday at $211.14, off 1.45%, ahead of Monday’s normal Nasdaq trading.
- Nvidia CEO Jensen Huang took to Computex to promote the company’s latest push into AI PCs, CPUs and robotics.
- U.S. authorities rolled out new export controls over the weekend, creating another China risk for advanced AI chips.
Nvidia starts U.S. trading Monday balancing news from CEO Jensen Huang’s latest product launch in Taiwan against a weekend move from Washington stepping up on advanced AI-chip export enforcement targeting Chinese firms outside China.
The stock finished Friday at $211.14, slipping 1.45%. U.S. regular trading did not begin for several hours. The Nasdaq opens its main session at 9:30 a.m. Eastern and premarket starts at 4 a.m.
Timing is key here. Investors are looking at Nvidia more as a gauge for the whole AI sector than as a chip maker. First-quarter revenue was up 85% to $81.6 billion, and data-center sales climbed 92% to $75.2 billion, Nvidia said May 20.
At Computex, Huang showed off RTX Spark, a chip built to handle AI on laptops and desktops instead of shifting all the computing to the cloud. The selling point centers on AI agents, software that acts for a user with just a few prompts. “Transform the traditional app-centric PC” into an AI personal computer, Neil Shah, Counterpoint Research co-founder, told Reuters. Reuters
Huang pushed Vera, Nvidia’s central processing unit for AI agents, calling it a “new major growth driver,” according to Reuters. He said early buyers are OpenAI, Anthropic and SpaceX. With this CPU push, Nvidia is moving deeper into a market long led by Intel and AMD.
Microsoft is the main PC partner. Reuters, citing Axios, said Saturday that Nvidia and Microsoft plan to launch Windows PCs with Nvidia chips as the central processor. Models from Microsoft’s Surface lineup and Dell are expected. Intel and AMD still supply most CPUs for Windows laptops.
Policy risk is in play. The U.S. Commerce Department said Sunday it will enforce license rules on advanced chips sold to companies based in China, even if those companies buy through overseas subsidiaries. Reuters reported the updated guidance targets a possible loophole with Nvidia’s top Blackwell processors getting to Chinese entities outside China.
Nvidia says its plans are unchanged after the updated guidance, according to a company official who spoke to Reuters. The Commerce Department had already spelled out the license rules to Nvidia. But China remains a risk factor for the stock. Nvidia’s outlook for the second quarter already excludes any data-center compute revenue from China.
Market watchers are questioning if new markets can hold up Nvidia’s valuation. “Nvidia delivered another beat, but at this point that’s essentially priced in,” eMarketer analyst Jacob Bourne told Reuters after the May results. Bourne said investors are still waiting for evidence that the AI push will continue into 2027 and 2028. Reuters
Nvidia said Monday it will team up with humanoid robot makers in the U.S., Europe and South Korea, as well as China’s Unitree, to make robots for researchers. Unitree’s robots will run on Nvidia hardware. The company said the hardware will include secure boot and confidential computing to protect data and block malicious code.
Samsung Electronics and LG Electronics jumped in Seoul as investors looked for signs of tighter supply-chain ties with Nvidia. Shares moved up before planned meetings between CEO Jensen Huang and Korean executives. “Nvidia needs Korea,” Jeff Kim, analyst at KB Securities, told Reuters. Traders are watching for more partnership in AI chips, memory and robotics. Reuters
Bears have an easy argument. Stronger export rules could hold China sales close to zero for major lines, and Microsoft, Amazon and Google are still pushing on their own chips, which could chip away at Nvidia’s revenue as time goes on. If AI buildouts pause or users just use up what they have instead of ordering, Nvidia’s high valuation becomes more exposed to risk.
On Monday, the market is watching to see if investors pay more attention to Nvidia’s expanding product line or the risk from ongoing export controls that keeps a key market politically shaky.
