Source: Global Market Report On Monday, the turnover of US stocks ranked first, closing up 0.75% with a turnover of $38.014 billion. Since the opening on June 10, Nvidia's stock has been trading at adjusted prices after the split. The overall value of Nvidia is not expected to change after the split, and the lower stock price will make it easier for investors to reach. In terms of product structure, the operating income of 10-30 billion yuan products is respectively 401/1288/60 million yuan.

The first in the U.S. stock market turnover on Tuesday.$NVIDIA (NVDA.US)$Nvidia's stock price rose by 3.51%, reaching a new high in the trading volume of 39.388 billion US dollars. Nvidia's market value reached 3,335.043 billion US dollars, surpassing Microsoft to become the largest company in the US stock market.

The AI ​​boom has been going on for a long time, and Nvidia's upward momentum has pushed this semiconductor giant's market value beyond that of large-scale technology peers, and solidified its position as the world's most valuable company.

Hans Mosesmann, an analyst at Rosenblatt Securities, raised the target price of this chip manufacturer from $140 to $200 on Wall Street on Tuesday, the highest point.

On Tuesday, Nvidia rose by 3.5%, with a market value of 33.35 trillion US dollars, surpassing Microsoft and Apple. These large-cap stocks have been competing for the crown recently, and Nvidia finally won.

Earlier this month, Nvidia's market value exceeded Apple's for the first time since 2002, and these two companies have been rising alternately in the past few days. Just last week, Apple briefly replaced Microsoft and stood at the top of the global market value rankings.

This ranking once again shows that artificial intelligence is the top concern of many investors. Nvidia is considered the biggest and earliest beneficiary of the technology, as the company occupies a dominant position in the market with its sought-after chips.

"We believe that the competition for the $4 trillion market value in the technology industry in the next year will be the front line and focus between Nvidia, Apple, and Microsoft," wrote Daniel Ives, an analyst at Wedbush Securities, in a report.

The second.$Apple (AAPL.US)$Apple fell 1.1%, with a trading volume of 17.157 billion US dollars and a market value of 3285.94 billion US dollars. According to reports, Apple will make a series of concessions and is expected to allow more access to its contactless technology system (NFC function) by competitors. This move is expected to help the company end the EU investigation into its mobile payment system.

In 2022, the European Commission accused Apple of violating competition law, preventing competitors from using 'tap-to-pay' chips or Near Field Communication technology (NFC) to benefit their own Apple Pay payment system.

The third.$Broadcom (AVGO.US)$Broadcom fell 1.44%, with a trading volume of 15.727 billion US dollars. Broadcom has risen for seven consecutive trading days before.

Ranked fourth.$Tesla (TSLA.US)$Tesla fell 1.38%, with a trading volume of 12.703 billion US dollars. According to media reports, Tesla CEO Musk told employees on June 17 that Tesla is developing a stock-based compensation plan for well-performing employees. Just a few days ago, Musk obtained approval from shareholders for his $56 billion remuneration plan, which includes stock options. Two months ago, Musk announced layoffs, with the number of layoffs accounting for more than 10% of Tesla's global workforce, due to the slowdown in demand for electric vehicles.

It is reported that Tesla recently filed a lawsuit with the Northern District Court of California in the United States, accusing former supplier Matthews International of stealing commercial secrets related to Tesla's battery manufacturing process and leaking these secrets to other competitors.

Tesla stated in the lawsuit that due to Matthews' alleged improper behavior, Tesla should receive at least 1 billion US dollars (approximately RMB 7.265 billion) in compensation.

The fifth.$Super Micro Computer (SMCI.US)$SuperMicro Computer rose by 3.67%, with a trading volume of 8.024 billion US dollars. SuperMicro Computer expects that the adoption rate of direct liquid cooling technology will reach 30% next year, marking a significant acceleration in the application of this technology that helps improve data center efficiency.

The surge in spending on artificial intelligence has greatly increased the demand for electrical utilities, leading analysts to believe that the environmental impact and power consumption of supercomputers will become a more important part of the AI ​​story. SuperMicro Computer CEO Charles Liang said that the company expects 15% of new global data center deployments in the next 12 months to use its direct liquid cooling technology, and the proportion will increase to 30% the following year.

The seventh.$Microsoft (MSFT.US)$Nvidia's market value surpassed Microsoft's on Tuesday and fell by 0.45%, with a trading volume of 7.639 billion US dollars and a market value of 33,173.15 billion US dollars.

The eighth.$Amazon (AMZN.US)$Down 0.68%, with a turnover of $6.696 billion. Recently, some analysts have published research reports believing that although Amazon's performance has been slightly inferior to the large cap since late March, the bullish view of Amazon still holds water. Especially, Amazon maintains a solid leadership position in one of the hottest industries - cloud infrastructure. The strong growth momentum of AWS and cost discipline help the company actively expand its free cash flow indicators, which is crucial for long-term investors.

In addition, Amazon union members voted to join the International Brotherhood of Teamsters.

On Tuesday, it was reported that Amazon was fined $6 million for violating California warehouse labor regulations.

Ranked tenth.$Micron Technology (MU.US)$Up 3.8%, hitting a new high, with a turnover of $6.505 billion. Supply chain sources said that Micron's HBM has been sold out ahead of schedule in 2024. Bank of America raised Micron's target price.

11th place$Dell Technologies (DELL.US)$Up 5.01%, with a turnover of $5.031 billion. Michael Dell, founder and CEO of Dell, compared the impact of generative AI (GAI) with other major technological advances in an interview on Monday.

Dell equated the rise of AI with other major tech waves, stating, "It's definitely as big as any other wave." When asked if AI is bigger, the CEO suggested that AI could outpace other technological developments.

He believes that the current AI boom can be compared to the rise of the Internet in the mid-1990s and points out that the adoption of AI is much faster.

Ranked thirteenth.$Taiwan Semiconductor (TSM.US)$Up 1.38%, hitting a new high, with a turnover of $4.928 billion. Responding to market rumors that TSMC's Nanjing plant has been granted an indefinite exemption authorization by the US Department of Commerce, TSMC officials stated that the US Department of Commerce has recently issued a Validated End-User (VEU) authorization to TSMC (Nanjing) Co., LTD.

This official VEU authorization replaces the temporary written authorization issued by the Department of Commerce since October 2022. The VEU authorization does not add new permissions, but confirms that items and services related to US export control regulations can continue to be provided to TSMC (Nanjing) Co., LTD. without requiring individual licenses for suppliers.

Rank 14th, Gu.$Alphabet-A (GOOGL.US)$Down 1.21%, with a turnover of $3.832 billion. Google announced on Tuesday that it will launch the Gemini mobile app in India, which supports English and nine Indian languages, including Hindi, Bengali, etc. In addition, an Indian version of Gemini Advanced will also be launched.

The 17th$Chipotle Mexican Grill (CMG.US)$Up 1.85%, with a turnover of $2.38 billion. Christine Cho, an analyst at Goldman Sachs, initiated coverage of Chipotle Mexican Grill (CMG) with a buy rating and a target price of $3,730.

Editor / jayden