Nvidia Stock ETFs Jump on Next-Gen AI ‘Rubin’

AI – Artificial Intelligence

Nvidia Corp. Stock ETFs rose sharply on Monday as investors cheered the introduction of a new AI chip architecture from the global leader in artificial intelligence technology.

CEO Jensen Huang delivered the keynote speech at this week’s COMPUTEX technology conference in Taipei on Sunday, where he introduced “Rubin,” Nvidia’s new artificial intelligence chip model.

“Today, we are on the cusp of a major change in computing. » Huang said in his opening speech.

Leveraged exchange-traded funds betting on Nvidia, such as GraniteShares 1.5x Long NVDA Daily ETF (NVDL) and the T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) rose up to 7% in the early afternoon.

Nvidia’s “Rubin” AI chip architecture

Nvidia’s Rubin, scheduled for release in the first half of 2026, is the next generation of graphics processing units (GPUs) that power or optimize a range of artificial intelligence applications, including generative AI , self-driving cars, robotics and games. PC.

Here’s what we know about Rubin so far:

• Blackwell’s successor: Rubin is poised to succeed Nvidia’s current generation of chips, the Blackwell Architecturewhich was announced in March and is still in production.

• Focus on performance: According to Nvidia’s blog, the combination of GPU and CPU can deliver up to 100x speedup while only increasing power consumption by a factor of three, achieving 25x more performance per Watt compared to CPUs alone.

• Named after the astronomer: The name “Rubin” is a tribute to American astronomer Vera Rubin, known for her pioneering work on galaxy rotation rates.

Nvidia’s ‘one-year pace’ of AI acceleration

Huang also raised investors’ excitement and anticipation about Nvidia’s potential growth in the future by explaining the company’s roadmap for new semiconductors.

“Our business has an annual rhythm. Our basic philosophy is very simple: build the entire data center, disaggregate and sell you pieces on a yearly basis, and push everything to the technological limits,” Huang explained.

NVDA’s price continues to defy gravity, as the $2.7 trillion stock has soared 200% over the past year and 27% over the past month, even after some investors discounted question its high valuation, which reaches 64, according to Y Charts. Nvidia Stock ETFled by the 2x leveraged NVDX, have risen as much as 340% this year.

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