Nvidia Rallies 2.7%, Microsoft Up 3% as Pair Launch Arm-Based RTX Spark PC Processor

According to ChainCatcher, based on Gate market data, Nvidia surged 2.7% and Microsoft climbed 3% today (June 1) after the two companies jointly announced an Arm architecture RTX Spark PC chip, marking Nvidia's formal entry into the personal computer processor market. The announcement triggered broader sector moves: Arm jumped 8.8%, while Intel fell 6.6%.

U.S. equity benchmarks opened lower amid Middle East developments, with the Dow down 0.3%, S&P 500 down 0.2%, and Nasdaq down 0.19%. Memory chip stocks rallied collectively, led by Micron Technology, which surged over 5% to break $1,000 per share, and SanDisk, up 3.4%.