Softbank's shares surged, pushing the Nikkei 225 above 67,000 for the first time, following the company's announcement of a €75 billion investment in AI infrastructure in France. CEO Masayoshi Son emphasized France's role as a leading AI hub in Europe.
Meanwhile, Nvidia unveiled its new N1X processor at the Computex conference, aimed at revolutionizing PCs in collaboration with Microsoft, Dell, and HP. This innovation is positioned as a significant advancement in PC technology after decades.
On the geopolitical front, escalating tensions in Iran have led to rising oil prices, with the U.S. conducting military strikes and President Trump indicating a lack of urgency in negotiating with Iran. The article notes a generally positive start to June for global markets, with record highs in various indices.
Additionally, Berkshire Hathaway's $6.8 billion acquisition of Taylor Morrison Home signals a strategic move into the U.S. housing market, reflecting confidence in the sector despite previous downturns. This deal, which includes a 24% premium on Taylor Morrison's stock price, is one of the first major actions under CEO Greg Abel, who succeeded Warren Buffett in 2026