CNBC Daily Open: Iran deal hopes dim, while AI dazzles investors Hopes for a resolution to the Middle East conflict have dimmed as U.S. President Donald Trump stated he “doesn’t care” if negotiations with Iran fall apart, leading to a spike in oil prices. Despite geopolitical worries, U.S. markets reached new highs, largely propelled by optimism in the tech sector, particularly in artificial intelligence. Key developments include Nvidia’s unveiling of a new PC processor, Anthropic’s confidential IPO filing, and Softbank’s significant investment in AI infrastructure in France.

• Iran-U.S. negotiations have broken down, with Iran threatening to close the Strait of Hormuz.
• Oil prices surged following the news, with WTI futures closing above $92 and Brent crude above $94.
• U.S. stock markets reached fresh highs, with tech sector news overshadowing geopolitical concerns.
• Nvidia announced its RTX Spark superchip at Computex, designed to run agentic AI.
• Anthropic has confidentially filed for an IPO, signaling a potentially large share sale in the AI market.
• Softbank CEO Masayoshi Son believes the AI revolution is significantly larger than the dot-com era.
• Softbank is investing 45 billion euros in France for AI infrastructure and data center capacity.
• The S&P 500 closing at a record while only a few AI-focused stocks hit their all-time highs mirrors the dot-com bubble top.