On Wednesday, the top stock by trading volume in the USA was Tesla, which rose by 4.07% with a transaction volume exceeding 47.1 billion dollars; in sixth place, AMD rose by 4.68% with a transaction volume close to 10.3 billion dollars; in eleventh place, Super Micro Computer rose by 15.71% with a transaction volume exceeding 7.6 billion dollars.
On Wednesday, the highest trading volume in the US stock market.$Tesla (TSLA.US)$The stock rose by 4.07%, with a trading volume exceeding 47.1 billion USD. So far this week, the stock has increased by more than 16%.
In April of this year, Tesla's Shanghai Gigafactory exported nearly 30,000 Model 3 and Model Y vehicles, setting a new monthly export record in a year.
According to Tesla's Q1 2025 Earnings Reports, the refreshed Model Y has garnered widespread market attention upon its launch, setting a new single-day order record for the Asia-Pacific market. Tesla's Shanghai Gigafactory completed the production line switch in just six weeks, making the refreshed Model Y the fastest ramping vehicle in terms of production capacity. In Q1 2025, the Shanghai Gigafactory delivered over 172,000 Model 3 and refreshed Model Y vehicles.
2nd place.$NVIDIA (NVDA.US)$Closed up 4.16%, with a transaction volume exceeding 37.6 billion dollars. As of Wednesday's close, NVIDIA has risen over 16% this week, erasing the losses since the beginning of this year.
On May 13, at the Saudi-US Investment Forum held in Riyadh, NVIDIA CEO Jensen Huang announced a major collaboration: NVIDIA will sell more than 0.018 million of the latest GB300 AI chips to the newly established AI company HUMAIN under the Saudi sovereign wealth fund (PIF). These chips will be used to build an unprecedentedly large AI datacenter, with a maximum capacity of 500 megawatts, marking Saudi Arabia's ambition in the global AI competition.
Ranked 3rd.$Palantir (PLTR.US)$Closed up 1.62%, with a transaction volume exceeding 12.5 billion dollars. Bank of America is bullish on Palantir in its latest research reports and has raised its target price to the highest level on Wall Street.
Analyst Mariana Perez-Mora wrote in a report to clients: "While general tools have some value, we always remind investors that Palantir's core value lies in the scalable development of results-oriented customized AI products. We believe Palantir is defining the market standards for how enterprises leverage AI to achieve substantial outcomes." Perez Mora reiterated the "Buy" rating and raised the target price from $125 to $150.
Ranked 6th. $Advanced Micro Devices (AMD.US)$ Increased by 4.68%, with a transaction volume of nearly 10.3 billion USD. The company announced that its Board of Directors has approved a 6 billion USD share buyback plan. Prior to this authorization, the company had already approved a 4 billion USD share buyback plan.
The CEO of AMD, Lisa Su, stated in a press release: "This expanded share buyback plan reflects the Board's confidence in AMD's strategic direction, growth prospects, and its ability to consistently generate strong free cash flow."
Ranked 10th. $Alphabet-A (GOOGL.US)$The sector rose by 3.66%, with a transaction volume of 8 billion USD. According to media reports on Tuesday, the Saudi investment agency STV has established a 0.1 billion USD AI fund supported by Google's parent company Alphabet, focusing on supporting early AI startups in the Middle East and North Africa and accelerating the construction of regional AI infrastructure. However, Google's contribution proportion has not yet been disclosed.
Ranked 11th.$Super Micro Computer (SMCI.US)$Increased by 15.71%, with a transaction volume of over 7.6 billion USD. This server manufacturer announced on Tuesday evening that it has reached a 20 billion USD trade agreement with the Saudi Arabian Datacenter company DataVolt.
12th$Eli Lilly and Co (LLY.US)$It closed down 4.09%, with a trading volume of 5.5 billion USD. On May 12 local time, President Trump held a press conference at the White House to introduce and sign an executive order regarding the reduction of prescription drug prices in the USA.
He stated, "Starting today, the USA will no longer subsidize foreign medical care," and that the USA "will no longer tolerate large pharmaceutical companies profiting excessively and hiking prices," implementing the so-called "Most Favored Nation drug pricing." According to the text of the executive order, this policy aims to benchmark the pricing of prescription drugs in the USA against "other developed countries," requiring pharmaceutical companies to offer the "Most Favored Prices" to the American market.
It is worth mentioning that Trump specifically mentioned weight loss drugs during the signing ceremony on May 12. A White House official stated that Trump's executive order would "particularly focus on drugs with the largest gaps and greatest expenditures," and "considering that GLP-1 drugs meet the needs of both categories, it can be reasonably expected that it will become a focal point."
Ranked 18th.$Boeing (BA.US)$It closed up 0.64%, with a trading volume of nearly 3.5 billion USD. Boeing announced on Wednesday that it had reached a historic agreement with Qatar Airways, which will purchase up to 210 Boeing aircraft, marking the largest wide-body aircraft order in the history of American manufacturers.
According to the joint statement released by both parties, this order includes 130 Boeing 787 Dreamliners, 30 long-delayed 777-9 aircraft, and an option to purchase 50 more planes. Qatar Airways has also signed an agreement with General Electric Aviation to purchase over 400 engines for this batch of Boeing aircraft, marking the largest order for wide-body aircraft engines in the history of General Electric Aviation.
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