By WSJ staff
Nvidia (NVDA): The world's most valuable company unveiled its new superchip at the Computex conference in Taipei, which it described as "the most efficient PC chip ever built." The chips will be used to power computers designed for running AI agents. Nvidia's shares ticked up nearly 2% premarket.
Dell Technologies $(DELL)$, Microsoft $(MSFT)$, HP $(HPQ)$, Lenovo Group (HK:992), Asustek Computer (TW:2357), Micro-Star International (TW:2377): Shares in the six companies that Nvidia will be working with to build laptops using its new chip jumped in premarket and overseas trading. Asustek, typically known to consumers as Asus, led the way, surging 10% in Taiwan.
Qualcomm (QCOMM): Shares of the semiconductor company sank 6% premarket after Nvidia's announcement. Qualcomm has been making a push into the PC market for the last couple of years. Other companies that dominate that market, including Intel $(INTC)$ and Advanced Micro Devices $(AMD)$ also slid.
Taylor Morrison Home (TMHC): Berkshire Hathaway $(BRK.B)$ agreed yesterday to buy the home builder for $6.8 billion in cash. Shares surged 22% premarket. Berkshire's shares ticked down slightly.
easyJet (UK:EZJ): Shares in the airline jumped nearly 10% after U.S. investment firm Castlelake said it was considering an offer that would value the budget carrier at least $4.12 billion, a slight premium to its closing price Friday. Other carriers including Jet2 (UK:JET2) also rose.
Hewlett Packard Enterprise $(HPE)$ is due to report earnings today.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
June 01, 2026 05:56 ET (09:56 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments