06/01 U.S. stock markets shift Nasdaq-focused higher after industry differentiation progresses amid surge in international oil prices

The U.S. stock market started lower as uncertainties were highlighted as international oil prices surged more than 7% based on WTI and government bond rates rose due to the possibility of an end to the U.S.-Iran ceasefire. In addition, some large technology stocks were sluggish due to concerns over tightening regulations on the Sovereign Cloud (data sovereignty) in Europe. However, when Jensen Huang, CEO of Nvidia (+6.26%) offered a positive outlook on AI infrastructure and AI expansion at a conference in Taiwan, the Nasdaq turned higher as some semiconductor and software companies showed positive trends as some semiconductor and software companies strengthened. In the second half of the market, Trump’s positive comments on Iran also rose (Dow +0.09%, Nasdaq +0.42%; S&P 500 +0.26%; Russell 2000 -0.47%; Philadelphia Semiconductor Index +1.06%)

• Variants: U.S.-Iran, Jensen Huang effect, economic indicators

Iran’s Tasnam news agency reported that Iran is suspending all dialogue and exchange of messages with the United States for violating the ceasefire following Israeli attacks on Gaza Strip and Lebanon. In particular, Iran said that there would be no negotiations until it immediately stops all Israeli attacks and withdraws from Lebanon. It also announced that it is actively seeking to expand the front line to the Strait of Babel Mandev, a strait related to the Strait of Hormuz and the Suez Canal. The U.S. stock market fell as international oil prices soared more than 7 percent in WTI and interest rates on government bonds rose

Pakistan’s Foreign Ministry noted that it has been asked to mediate with Iran to ease tensions, indicating that Iran’s willingness to talk continues. In an interview with the media, U.S. President Trump said he had not been informed of anything from Iran. Another media outlet argued that Iran would stop communicating with the U.S. in protest of Israel’s military operation in Lebanon, but that it doesn’t matter if the negotiations are over. In addition, after a phone call with Israeli Prime Minister Netanahu, he mentioned that there will be no Israeli troops heading to Beirut and that he has also withdrawn troops already on the move. He also communicated with Hezbollah, and announced that both Israel and Hezbollah have agreed to stop all fire without attacking each other. Trump’s announcement reduced the rise in international oil prices and expanded the stock market.

Nvidia CEO Jensen Huang mentioned changes in traditional computer architecture in the hardware sector in his keynote speech at the conference in Taiwan. In the meantime, he emphasized accelerating the transition from the x86 computational system led by Intel and others to an ARM-based architecture through the disclosure of RTX Spark in the personal computer market. In particular, it suggests a shift from devices executed by the PC industry to personalized AI PCs, with Microsoft, Dell, and HP participating deeply from the chip joint development stage. The software sector refers to the evolution of an agent AI ecosystem that judges and acts on its own from simple command execution. As a result, it is argued that AI will create a huge new market and business model of AI agents that perform complex tasks automatically in combination with the platforms of existing software companies, rather than eliminating the existing software market. In general, CEO Jensen Huang’s remarks are a reminder of many previous claims

Meanwhile, the ISM manufacturing index was announced at 54.0, an improvement from last month’s announcement (52.7) or forecast (53.1). While new orders and employment indexes have improved, customer inventories have also increased significantly, affecting the improvement of indicators. However, most of the respondents cited concerns about this uncertainty as the impact of the war in Iran has affected supply chain costs. The S&P global manufacturing PMI also hit 55.1, the highest since May 2022. In particular, the result was driven by a surge in production indices and new orders. However, it was also driven by price hikes due to supply chain instability caused by the war in Iran and a surge in pre-orders for companies to accumulate inventory. In the end, the indicators were solid, but it was due to pre-orders, and it is worth noting that the continuity was due to supply chain problems caused by the war in Iran.

• Featured stocks: Nvidia, Micron, MS rise Vs. Amazon, Meta, Tesla slump

Semiconductors: NVIDIA, Vera And Other Key Product Releases Vs. Intel Slips As Qualcomm Intensifies Competition
Nvidia (+6.26%) rose after Antropics, OpenAI and SpaceX announced they were the main customers of CPU Vera for its first data center. Vera chips, which will start mass production in the third quarter of this year, will perform 1.8 times faster than Intel’s x86-based chips, and will gain a competitive edge in the general-purpose data center CPU market, which was dominated by Intel’s Xeon (-4.67 percent) and AMD’s Epic (-1.16 percent). Intel and AMD are both sluggish. RTX Spark superchips will also make inroads into the Windows laptop and desktop PC markets, and the surging number of call option deals will also help Nvidia gain momentum.

Qualcomm (-8.78 percent) announced a platform to accelerate the development and development of industrial and humanoid robots at Computex 2026, but fell due to intensifying competition in the AI PC sector due to Nvidia’s speaking chips. ARM (+15.73 percent) gained from the announcement that Nvidia’s chip is based on ARM. TSMC (+4.11 percent) rose on the announcement that it will expand its partnership with Nvidia and automate chip manufacturing plants by introducing Nvidia’s AI technology. The Philadelphia Semiconductor Index rose 1.06 percent

Semiconductor Storage: Micron Benefits Of Supply Chain Unrest And Aggressive Options Trading
Micron (+6.64%) gave an optimistic outlook on the stock market at JPMorgan on the back of AI’s growth, with Micron, SK Hynix, Samsung Electronics and others related to supply chain instability, HBM led by Broadcom (+2.95%) and Photonics led by Coherent (+0.40%), and the cooling management sector mentioned by Virtiv (+2.43%) and Modin (+3.45%) and the electricity grid and energy sector rising as they claim to be key players in growth with technical barriers.

Western Digital (+2.82%) rises as Computex 2026 unveils AI-centric storage innovation technologies such as high bandwidth dual pivot HDD. SanDisk