Here's your summary from Horizons Middle East & Africa 06/06/2024 (https://www.youtube.com/watch?v=_PNKT2hYtpg) on the Bloomberg Television channel:

**TLDR:** Tech stocks drive global rally, ECB expected to cut rates, Saudi Arabia aims to be chip design hub.

1. Tech stocks, including Nvidia, driving global rally with U.S. equities hitting fresh highs.

2. ECB expected to kick off easing cycle and cut rates by 25 basis points.

3. Saudi Arabia announces National Semiconductor hub to attract 50 firms by 2030 for chip design.

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