S&P 500 Index futures fall 1.3% as of 7:41 a.m. in New York amid a global selloff in technology stocks.

With CPUs back in the spotlight, so too is the PR fight over benchmarks

Rackspace Technology Inc., a cloud-computing services company backed by Apollo Global Management Inc., saw its $1.6 billion loan jump after it signed a data center deal with Advanced Micro Devices Inc., extending a rally in debt that had traded at deeply distressed levels just two months ago.

Shares in chip-part maker Austria Technologie & Systemtechnik AG rallied the most in six years after the company raised its guidance and pledged increased output and investment as part of a deal to supply Advanced Micro Devices Inc.

Shares in chip-part maker Austria Technologie & Systemtechnik AG rallied the most in six years after the company raised its guidance and pledged increased output and investment as part of a deal to supply Advanced Micro Devices Inc.

S&P 500 Index futures rise 0.6% as of 7:36 a.m. in New York following fresh evidence that the US and Iran are nearing a provisional agreement to end their war. SpaceX made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world.

Winston Cheng, Senior Vice President & Chief Financial Officer, Lenovo said the AI infrastructure boom is probably “the greatest infrastructure build in the history of mankind,” when discussing company outlook with Bloomberg’s Sangmi Cha at Bloomberg Invest 2026 in Hong Kong. (This video has been edited to remove an incorrect graphic.) (Source: Bloomberg)

Gil Luria, DA Davidson’s head of technology research, says Nvidia's profit margins are relatively safe through the year 2030 because hyperscalers have few alternatives for the chips they use to power data centers. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Gil Luria, DA Davidson Head of Technology Research, discusses the outlook for Broadcom as the Nvidia alternative releases its latest quarterly data. (Source: Bloomberg)

Arm Holdings Plc Chief Executive Officer Rene Haas says the firm may achieve its target of $15 billion in sales of its own-branded chips earlier than anticipated, reflecting stronger-than-projected demand from the AI boom. Haas speaks to Bloomberg's Stephen Engle on the sidelines of the Computex trade show in Taipei. (Source: Bloomberg)

Jensen Huang speaks to reporters in Taipei about the high potential of South Korean tech companies. He speaks as Nvidia enters the PC market with a new chip aimed at loosening the stranglehold of Intel technology in that arena. (Source: Bloomberg)

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era. Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses the move and what it means for the future of computing. (Source: Bloomberg)

Nvidia is entering the PC market with a new superchip. With Windows running on the chips, the company is going head-to-head with Intel and AMD, Tom Mackenzie explains. (Source: Bloomberg)

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Tech leads the charge as Nvidia pushes deeper into the PC market and Jensen Huang makes the bullish case for software stocks. Berkshire Hathaway makes its first major deal under Greg Abel, buying Taylor Morrison for nearly $7 billion. Plus, Silicon Data CEO Carmen Li on the rise of AI futures markets, Meredith Whitney on housing and the fading American Dream, and Mercedes-AMG's Michael Schiebe on why performance still matters in the EV era. (Source: Bloomberg)

Nvidia is entering the PC market with a new RTX Spark Superchip which will debut in laptop and desktop computers from leading PC brands including Dell and Lenovo this fall. CEO Jensen Huang made the announcement at the Computex trade show in Taipei. Bloomberg's Peter Elstrom reports. (Source: Bloomberg)

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era.

Gil Luria, DA Davidson head of technology research, says Nvidia CEO Jensen Huang is "dunking" on all the competition. Joe Kaiser of Switchyard Partners also reacts to Nvidia's earnings and SpaceX going public. They are on "Bloomberg Open Interest." (Source: Bloomberg)

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

Advanced Micro Devices Inc., the leading challenger to Nvidia Corp. in AI computing chips, pledged to invest more than $10 billion in Taiwan to expand partnerships and add packaging capacity.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BNP Paribas’ Greg Boutle, UBS’ Michael Lasser, Airbnb CEO & Co-Founder Brian Chesky, Cava CEO & Co-Founder Bret Schulman, Research Affiliates CIO of Equities Que Nguyen, Redpoint Ventures Managing Director Erica Brescia, Wedbush Securities’ Matt Bryson, Gabelli Funds’ John Belton, University of Tennessee at Knoxville Professor Sara Hsu, Moody’s John Medina, Truist CIO & Chief Market Strategist Keith Lerner, Georgia Tech’s Animesh Garg, Rainmaker Securities’ Greg Martin, ERShares Chief Strategist Eva Ados (Source: Bloomberg)