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Leveraged ETF Rallies as NVIDIA Unveils New PC Chip

Stock News06-02

A leveraged exchange-traded fund tracking NVIDIA shares surged more than 5% following the chipmaker's announcement of its entry into the personal computer market.

At the GTC 2026 conference, the company unveiled its new RTX Spark super chip designed for Windows PCs.

The new chip features a Blackwell RTX GPU with 6,144 CUDA cores and fifth-generation Tensor Cores, marking NVIDIA's official move into the PC central processor arena.

CEO Jensen Huang stated that starting this autumn, major PC brands including Dell and Lenovo will launch laptops and desktops powered by the RTX Spark chip.

Developed jointly with MediaTek, this integrated processor and graphics unit is capable of running the Arm-based version of Microsoft Windows.

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