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NVIDIA's Impact Drives US Stocks to New Highs, Goldman Sachs CEO Says Market Enters 'Greed Mode'

On June 3, driven by the AI boom, US stocks continued to hit historical highs, with the S&P 500 index closing above 7600 points for the first time, and the Dow Jones Industrial Average rising over 200 points to set a new intraday record. The Nikkei 225 index in Japan also reached a historic high on Wednesday. At the Computex conference in Taipei, NVIDIA CEO Jensen Huang became the center of attention. NVIDIA announced a new PC processor developed in collaboration with Microsoft, and Huang's statement that Marvell will become the 'next trillion-dollar company' propelled the company's stock price to soar 32% in a single day, with an additional rise of over 9% in after-hours trading. Goldman Sachs CEO David Solomon stated that investor sentiment has clearly entered 'greed mode,' and the market is preparing for an unprecedented wave of financing for AI giants. Meanwhile, the situation in the Middle East continues to disrupt the market. Trump and US Secretary of State Rubio indicated that negotiations between the US and Iran are still ongoing, but Iranian media reported that communication between the two sides has been interrupted. Rubio also stated that Iran has laid 'extensive' mines in the Strait of Hormuz and continues to attack commercial vessels. Due to geopolitical risks, both WTI and Brent crude oil prices rose by about 1%, reaching $94.81 and $96.84, respectively.

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