CNBC Daily Open: Nvidia stars at Computex as markets hit records Wall Street and Asia-Pacific markets hit fresh records, fueled by investor optimism surrounding AI advancements showcased at the Computex conference in Taipei, where Nvidia’s new processors were a key highlight. Despite the bullish tech sentiment, geopolitical tensions persist with ongoing conflicts between the U.S. and Iran, and President Trump’s renewed tariff threats. Disruptions in the Strait of Hormuz continue to impact oil markets, adding another layer of uncertainty.

• The S&P 500 and Nikkei 225 reached new record highs, driven by AI momentum and tech conference news.
• Nvidia unveiled new PC processors with Microsoft at Computex, aiming to dominate the AI market.
• Goldman Sachs noted a shift to ‘greed’ mode among investors, anticipating a fundraising wave for AI firms.
• Geopolitical tensions remain high due to conflicting messages between the U.S. and Iran regarding negotiations and attacks.
• Disruptions in the Strait of Hormuz are keeping oil prices volatile.
• Voters in California participated in primary elections, with implications for the U.S. House of Representatives.
• The U.S. is reportedly considering expanding its nuclear weapons-hosting capabilities to more NATO nations.