HP Gains Pre-market Boost After Nvidia Unveils N1X PC Processor at Computex
HPQ•HP was among partner stocks lifted by Nasdaq-100 futures after Nvidia unveiled its N1X processor chip for personal computers at Computex in Taiwan, fueling premarket gains. The broader tech surge followed the Nasdaq’s record May close and Nvidia’s halo effect on Microsoft and Dell.
1. Nvidia Debuts N1X PC Processor
Nvidia introduced its N1X processor chip for personal computers during the Computex conference in Taiwan, positioning it as its first full-stack PC solution. The announcement highlighted enhanced AI and graphics performance, drawing attention from hardware partners and investors.
2. HP Shares Lifted by Nvidia Partnership
HP benefited from the halo effect, with its futures trading higher in premarket following the N1X reveal. As one of Nvidia’s key partners, HP’s stock movement reflected market optimism about its PC lineup powered by the new processor architecture.
