The top-traded US stock on Tuesday $NVIDIA (NVDA.US)$ Closing up 3.97%, trading at 42.364 billion US dollars. Nvidia and Alibaba recently announced that they will jointly develop on-board software for self-driving electric vehicles. This collaboration will integrate Alibaba's autonomous driving platform "ORIN" with the large multi-purpose vehicle (LMM) jointly developed with Alibaba, and supply it to Chinese electric car manufacturers such as Rio Tinto, Geely, Xiaomi, becoming the focus of attention for RockGlobal.

Alibaba publicly unveiled the LMM jointly developed with Nvidia for the first time at the Apsara Conference held in China on the 20th. This platform integrates Alibaba Cloud Computing's generative AI "Qwen", independently developed in April last year, into Nvidia's self-driving vehicle platform "Drive AGX Orin".

2nd Place $Tesla (TSLA.US)$ Closing up 1.71%, trading at 22.394 billion US dollars. Tesla CEO Musk claimed that the cost of Tesla Robotaxi travel will be as cheap as buses, and when "unmanned supervised full automated driving" is introduced, buses will be "no longer needed".

Elon Musk pointed out that if electric buses have issues in winter, it's due to poor design. However, with proper design, electric buses can operate well in cold climates. He also mentioned that the bus battery pack is too small, Tesla can operate well above the Arctic Circle, and after introducing unsupervised fully automatic driving, the cost of Tesla robot taxis is similar to bus tickets, eliminating the need for buses.

Musk stated, taking New York City as an example, the monthly public transport pass costs $132, with an average daily commute of 13 miles, costing $0.34 per mile. A study showed that Tesla Model 3's autonomous driving service costs about $0.663 per mile, which is double the cost of New York public transport but cheaper than Uber.

Ranked third, up 0.71%, trading at $8.267 billion. According to media reports, the Apple iPhone 16 series has entered full-scale production, and Foxconn's Zhengzhou factory is expanding its workforce to meet production targets. The expected sales target for iPhone 16 series this year is 90 million units, with a hope to achieve 95 million units. $Apple (AAPL.US)$ Apple gained 0.40%, with a turnover of $9.889 billion. According to statistics, Apple has bought back common stock worth $700.61 billion in the past decade. For most of the last decade, the tech giant Apple has been Wall Street's largest and most influential company. It became the first publicly traded company to reach a $1 trillion market cap in August 2018 and surpassed $3 trillion in June 2023.

Despite a crucial investment that almost all other publicly traded companies envy playing a vital role in its rise, this huge investment has not solved Apple's biggest current issue.

Analysts have pointed out that Apple's $700 billion buyback did not solve its biggest problem. Aswath Damodaran, a finance professor at New York University's Stern School of Business, mentioned last Monday (September 17) that while Apple is still a decent profit generator, it is no longer the growth company it used to be. Apple's growth has stalled, which is a major problem.

Ranked sixth, up 1.86%, trading at $5.412 billion. Recently, a heavy news has emerged in the field of cybersecurity research. A major security vulnerability lasting for decades has been found in AMD processors, named 'Sinkclose' by the security company IOActive. This vulnerability is deeply hidden in the firmware of the chip and may allow malware to deeply infect computer memory, posing a serious threat to system security. $Microsoft (MSFT.US)$ Down 1%, with a turnover of $7.296 billion. It is reported that Microsoft will invest $1.3 billion in the field of artificial intelligence in Mexico in the next three years.

$Alibaba (BABA.US)$ Rising 7.88%, with a turnover of $4.548 billion. On Tuesday, China concept stocks collectively surged, with Bilibili up 17.02%, Li Auto Inc up 11.35%, jd.com up 13.91%, PDD Holdings up 11.24%, Alibaba up 7.88%, and Baidu up 7.40%.

On the news front, the Governor of the People's Bank of China, Pan Gongsheng, announced a number of incremental monetary policies at a press conference at the State Council Information Office, including: lowering the reserve requirement ratio and policy interest rates, driving down market benchmark interest rates; lowering existing housing loan rates, and unifying the minimum down payment ratio for housing loans; creating new monetary policy tools to support the stable development of the stock market.

Rank 10 $Visa (V.US)$ Fell 5.49%, with a turnover of $3.773 billion. The US Department of Justice filed a lawsuit against Visa on Tuesday, accusing it of maintaining an illegal monopoly in the US debit card market. It is reported that Visa processes over 60% of debit card transactions in the United States and collects over $7 billion in fees annually.

Ranked twelfth, down 0.84%, trading at $2.587 billion. Huafu Securities released a research report stating that according to the recently announced Google antitrust judgment, Google pays Apple to become the default search engine for Safari browsers. $PDD Holdings (PDD.US)$ Rose 11.24%, with a turnover of $3.353 billion.

Ranked fifteenth, down 2.10%, trading at $2.035 billion. Wedbush Securities said that Palantir has signed an agreement with Microsoft to provide AI services to the national defense and intelligence community, which could 'change the rules of the game' and serve as a 'launchpad' for Palantir's AI platform (AIP). The institution maintained its 'shareholding' rating on Palantir with a target price of $38. $Taiwan Semiconductor (TSM.US)$ Rose 4.13%, with a turnover of $2.624 billion. There have been reports recently that after mass producing the 3nm process technology for nearly two years, Taiwan Semiconductor has also started the risk production of the more advanced 2nm process technology. It has been reported that the company's this process technology started risk production in July, earlier than expected, and is expected to proceed as planned for mass production in 2025.

19th place $Intel (INTC.US)$ Closing up 1.11%, with a turnover of $2.575 billion. It is rumored that Qualcomm has made a bid to acquire the chip giant Intel over the weekend. Although this news has not been confirmed by either party, rumors of Qualcomm's interest in Intel's design business have been circulating for a long time. As of the close of trading on Tuesday, Intel's market cap is only $97.536 billion, while Qualcomm's market cap is $97.536 billion.

JPMorgan believes that acquiring Intel will make Qualcomm a new dominator in the fields of client computing, automotive computing chips, and data center CPUs, but it will also impact the Asian tech supply chain, bearish for Taiwan Semiconductor and a disaster for Samsung.

Editor/Rocky