Shares of technology companies rose slightly as optimism about new artificial-intelligence developments buoyed some mega cap stocks.
Nvidia crossed the threshold of $1 trillion market capitalization for the first time after the maker of advanced chips touted a new super computer that would enable further AI innovation.
Microsoft and Apple tested all-time highs. The "Call of Duty" videogame franchise, arguably the most successful ever, is at the center of the debate over whether Microsoft's planned $75 billion acquisition of rival developer Activision Blizzard could give it an unfair edge to dominate the videogaming industry.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-30-23 1801ET
