A look at the day ahead in European and global markets from

Gregor Stuart Hunter

Nvidia ( NVDA ) CEO Jensen Huang says the company has enough

supply for "very, very robust growth" linked to the AI boom. But

it still needs more.

Speaking at a conference in Taipei on Tuesday, he told an

audience of chipmakers and computer hardware manufacturers that

supply constraints remained a concern, a day after the $5

trillion chip company unveiled a new chip that will compete with

Advanced Micro Devices ( AMD ) and Intel ( INTC ). Nvidia ( NVDA ) is

often considered a barometer for the AI market's health as its

chips are used in data centres all over the world.

On another day, Huang's comments might have been good news for

the Asian chipmakers that supply the company, but markets

remained skittish in Asia as anxieties over whether the

U.S.-Iran ceasefire would remain intact weighed on equities.

MSCI's broadest index of Asia-Pacific shares outside Japan

was down 0.1% and S&P 500 e-mini futures

slid0.4%.

Oil markets cooled, with Brent crude off 0.7% at $94.30

and retracing some gains after Iran threatened to break off

talks with the United States. Lebanon announced a partial

ceasefire between Hezbollah and Israel earlier this week,

potentially de-escalating the conflict, but the Israeli military

said it intercepted two projectiles fired from Lebanon on

Tuesday.

Korean shares were especially choppy, falling as much as

3.3% after initially gaining 1.7% to set a new intraday record

high, while shares in Hong Kong and China steadied the wider

regional benchmark.

In early European trades, pan-region futures were up

0.4%, German DAX futures gained 0.3%, and FTSE futures

nudged 0.1% higher.

Meanwhile, a U.S. jury found prominent investor Andrew Left

guilty of securities fraud on Monday, the Justice Department

said, in a blow to a divisive cohort of short sellers who have

for years ‌goaded public companies in the U.S. and overseas with

allegations of fraud and mismanagement.

Left will be sentenced on August 31.

Key developments that could influence markets on Tuesday:

Company earnings:

Palo Alto Networks, Dollar General

Economic events:

France: Budget Balance for April

UK: BOE Consumer Credit, Mortgage Lending, Money Supply for

April

Debt auctions:

France: 3-month, 7-month and 1-year government debt

Germany: 4-month, 10-month and 2-year government debt

UK: 11-year government debt