Nvidia CEO Pushes Robotics in South Korea as Shares Hold at $218.66
Nvidia shares closed at $218.66 on June 5, up 1.94%, after CEO Jensen Huang positioned robotics as South Korea’s next major growth sector during his second visit in seven months and announced plans for a local R&D center. The move follows a week of bullish catalysts that began with Deutsche Bank’s June 1 call that the AI rally has further to run, Huang’s June 2 endorsement of Marvell as the “next trillion-dollar company,” and record Q1 results of $81.6 billion (+85% YoY) with $91 billion Q2 guidance. Goldman’s continued AI-spending optimism, BofA’s Blackwell-driven upgrade, and Huang’s defense of AI ROI were tempered by a brief TS Lombard valuation warning, yet the stock rebounded and closed the period higher amid sustained hyperscaler demand.