Nvidia (NVDA) CEO Huang Touts AI Profitability at Computex; Anthropic Hits $965B Valuation

Nvidia CEO Jensen Huang declared artificial intelligence has become a direct profit generator during his keynote at the Computex Taipei conference on June 1, spotlighting the company’s Vera Rubin AI platform. The remarks followed the Nasdaq 100’s first-ever close above 30,000 on May 29, powered by tech gains and easing US-Iran tensions. In private markets, Anthropic completed a Series H funding round in late May, reaching a $965 billion valuation and overtaking OpenAI as the most valuable AI startup. The Claude Code creator also released an update to its Opus 4.8 model on May 28. This week, investors will parse US labor data for signs of AI’s workforce impact, along with quarterly earnings from chip and cybersecurity firms. Looming mega-IPOs from Anthropic, OpenAI, and SpaceX are also being weighed for their potential to reshape the AI-driven tech rally.