Nvidia Rises 2.75% in Pre-market Trading, Company Collaborating with Samsung Electronics on ASIC Chip Development
June 8th — NVIDIA CEO Jensen Huang said the company is teaming up with Samsung Electronics to develop custom Application-Specific Integrated Circuit (ASIC) chips, a move that will further expand its AI infrastructure product lineup.
ASIC chips, which are optimized for specific workloads, are widely viewed as a critical complement to GPUs. Last May, Goldman Sachs projected that demand for ASIC chips would match the size of the GPU market by 2027. As demand for AI computing power keeps surging, tech giants and cloud providers are ramping up investments in custom chips. This partnership with Samsung marks NVIDIA’s continued expansion in the AI chip ecosystem.
As of press time, NVIDIA’s pre-market shares were trading 2.75% higher at $210.65.
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Trump's Economic Approval Rating Falls to Record Low, Republicans Worry About Midterm Election Prospects
June 8 — A new poll shows U.S. President Donald Trump’s approval rating on economic issues has hit its lowest point of his tenure, putting his long-standing "economic card" on the line amid escalating Middle East tensions and a resurgent inflation surge.
Markets broadly expect U.S. inflation could bounce back to the 4% mark for the first time since 2023, fueled by the Iran conflict and ongoing supply chain strains. While the White House has tried to ease market jitters with tax cuts and emphasis on energy reserve holdings, steady oil price hikes are blunting the impact of those policy moves.
Trump recently doubled down on his Iran policy, saying he will not adjust it to appease election pressure and downplayed concerns over price fluctuations — a stance that has sparked alarm among some Republican Party members. Former White House Chief of Staff Mick Mulvaney warned that if U.S. gas prices stay above $4 per gallon ahead of Labor Day, the GOP’s midterm election prospects will face "si
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Intel Surges Over 14% in Pre-market Trading as Google and NVIDIA Consider Intel as Backup Chip Manufacturing Partner
June 8 — Per data from Bitget Markets, Intel (INTC.O) saw its pre-market gains surge to as high as 14% earlier, though it has since pulled back slightly to trade up 13.75% at $112.63.
Separately, a report from The Information notes that NVIDIA is evaluating Intel’s advanced packaging technology and 18A process for potential use in future chip manufacturing. Further, Google has placed an order for more than 3 million TPUs from Intel, with both Google and NVIDIA reportedly eyeing the chipmaker as a backup production partner for their semiconductors.
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Apple's AI strategy is set to receive a reboot tonight as Tim Cook hosts WWDC for the last time in his career.
Apple’s annual Worldwide Developers Conference (WWDC) kicks off June 8 local time at its Cupertino, California headquarters, running through June 12. Marking a pivotal leadership shift for the tech giant, this will be Tim Cook’s final WWDC as CEO: Cook is set to transition to the chairman role on September 1, with current hardware chief John Ternus taking over as Apple’s next top executive.
This year’s WWDC centers on a full reboot of Apple’s AI strategy. The company’s earlier-launched Apple Intelligence has faced scrutiny over delayed features and underwhelming user experience, so Apple is aiming to reclaim ground in the global AI race via three key pillars: a revamped Siri, a dedicated AI development platform, and ecosystem-wide intelligent feature upgrades.
Per industry reports, Apple will unveil updates across its full operating system lineup: iOS 27, iPadOS 27, macOS 27, watchOS 27, tvOS 27, and visionOS 27. This year’s OS refresh will shift priorities away from interface design
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Xie Jiayin: Bitget will list 500 popular US stocks within 7 days, covering approximately 98% of trading volume
On June 8th, Bitget hosted a special AMA focused on its US stock trading service. During the live stream, Xie Jiayin, Head of Greater China, addressed recent user concerns about the number of available US stock tokens. He shared that one of the most frequent suggestions the team received over the past week was to further expand the selection of tradable US stock tokens.
Jiayin announced during the AMA that Bitget will list 500 popular US stock spot trading pairs within 7 days. He stressed that this goal isn’t merely about quantity—it’s rooted in analysis of the platform’s trading data. If the asset selection is precise, these 500 popular assets will account for roughly 98% of total trading volume demand. Additionally, Bitget has opened its Twitter comments section, inviting users to request specific US stock tokens they want listed. The team will respond quickly and incorporate all user requests into its asset expansion plan.
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