Source: Global Market Report
On Wednesday, Tesla, which ranked 3rd in terms of US stock turnover, closed down 2.01%, and traded $13.905 billion; 16th place MicroStrategy closed 15.86% higher with a transaction of US$2,906 million.
No. 1 in US stock turnover on Wednesday$NVIDIA (NVDA.US)$Sales rose 3.58% to US$39.155 billion. Nvidia will announce quarterly results on May 22. KeyBanc capital markets analysts have set Nvidia's target share price at $1,200. Prior to that, Goldman Sachs recently gave a 12-month target price of $1,100 ($875 before March) because the agency raised its EPS (earnings per share) forecast for the 2025 to 2027 fiscal year, with an average increase of 8%, indicating continued strong AI server demand and supply improvements.
According to a report, Nvidia CEO Wong In-hoon's total salary skyrocketed by 60% in the last fiscal year. According to the latest documents released on Tuesday afternoon, Wong In-hoon's total salary for the 2024 fiscal year was US$34.2 million. This is higher than the $21.4 million he received in fiscal year 2023 and $23.7 million in fiscal 2022. Although his basic salary has remained relatively stable at just under $1 million, his total pay has risen sharply.
Second place$Amazon (AMZN.US)$It closed down 0.58% to $13.938 billion. According to the 13F report on holdings submitted by Qiaoshui Fund to the SEC, the agency opened new positions with chip makers AMD and Amazon in the first quarter. Among them, AMD bought 679,500 shares, and the market value of its position at the end of the period was US$123 million; Amazon bought 1,047,900 shares, and the market value of its position at the end of the period was US$189 million.
Amazon's newly appointed cloud computing business leader Matt Garman will take over a business with an annual turnover of 100 billion US dollars, and the profitability of this business is also at the highest level in history. He is also faced with the difficult task of maintaining the leading position of this cloud computing pioneer in the age of artificial intelligence.
Garman is 48 years old and has been leading the engineering team at Amazon Cloud Services (AWS) for a long time before becoming a sales executive. He will succeed Adam Selipsky next month in one of the most important positions in the tech industry.
3rd place$Tesla (TSLA.US)$It closed down 2.01% and traded at US$13.905 billion. Recently, Tesla recently obtained a construction permit for the energy storage gigafactory project in Shanghai. This is the company's first energy storage gigafactory project outside of the contiguous US. According to previous relevant media reports, construction of the above energy storage gigafactory project will begin in May this year, and mass production will be completed in the first quarter of 2025.
Fourth place$Apple (AAPL.US)$The closing was 1.22% higher, and the transaction was $13.35 billion. Apple's next iPad Air will be equipped with an M3 chip. According to data, as a powerful processor developed by Apple itself, the M3 chip was officially released in October 2023. Using the 3nm process, the number of transistors increased by 5 billion compared to the previous generation M2 chip, reaching 25 billion. This upgrade not only brings higher processing speed and graphics performance, but also further reduces power consumption.
5th place$Microsoft (MSFT.US)$The closing was 1.75% higher, and the transaction was $9.384 billion. According to media reports, hundreds of Microsoft China employees (mainly the AI team on Microsoft's Azure cloud platform in China) received emails from the company asking if employees would like to move to work in other regions, including the US, Australia, Ireland, etc. The company will be responsible for family visa issues, and employees are required to respond by June 7.
6th place$Super Micro Computer (SMCI.US)$The closing was 15.81% higher, and the transaction was $8.787 billion.
Eighth place$Advanced Micro Devices (AMD.US)$The closing was 4.25% higher, and the transaction was $6.811 billion. According to the data, Qiaoshui Fund opened a new position with chip manufacturer AMD in the first quarter and bought 679,500 shares. The market value of the position at the end of the period was 123 million US dollars.
9th place$Meta Platforms (META.US)$The closing was 2.05% higher, and the transaction was $6.264 billion. Meta Platforms said on Tuesday that it will end its workplace-oriented app Workplace as the company shifts its focus to building artificial intelligence and metaverse technology. The company said Workplace will be decommissioned for customers beginning in June 2026, but Meta will continue to use it as its internal message board, adding that users will continue to access the product until August 2025.
11th$GameStop (GME.US)$It closed down 18.87% to US$5,036 billion.
12th place$Broadcom (AVGO.US)$Sales rose 4.07% to US$4.659 billion.
13th place$Alphabet-A (GOOGL.US)$The closing was 1.27% higher, and the transaction was US$4.633 billion. American tech media reporter Andrew Lanxon published an article on Wednesday saying that the recently concluded Google I/O conference had so much information and so much professionalism that ordinary consumers simply didn't know it. The reporter believes that the Google I/O conference is not only an event for developers; Google also needs to cater to ordinary consumers and let them know what the newly released products actually are and what they can do.
16th$MicroStrategy (MSTR.US)$The closing was 15.86% higher, and the transaction was US$2,906 million. On Tuesday, Morgan Stanley International Capital (MSCI) announced the quarterly index adjustment results, and MicroStrategy will be included in the MSCI World Index (MSCI World Index).
MicroStrategy is famous for having hoarded around $13 billion in Bitcoin. Previously, the company's stock price increase even surpassed the increase in Bitcoin.
MSCI said in a statement on Tuesday that MicroStrategy is one of the top three companies by market capitalization added to the MSCI Global Standard Index. Index providers regularly review their indices, and the latest adjustments will take effect at the end of this month.
17th$Dell Technologies (DELL.US)$Sales rose 11.21% to $2,462 billion. Morgan Stanley predicts that the company will derive sales from the continued growing demand for artificial intelligence servers. Most of these AI servers are built around Nvidia chips, and there is a close relationship between Dell and Nvidia's CEO. Dell is expected to announce its financial results for the April quarter on May 30.
20th$Taiwan Semiconductor (TSM.US)$The closing was 2.39% higher, and the transaction was $2.171 billion. On Wednesday, it was reported that Google will launch the Pixel 10 series phones next year, and may use 3nm to complete the customized system single chip (SoC). To this end, Google is closely cooperating with TSMC to produce chips.
Editor/Jeffy