Nvidia strengthens its presence in Southeast Asia: the AI research and development center in Vietnam has been launched, and the state-owned enterprise Viettel has received technical support.
Nvidia is accelerating its布局 in Southeast Asia. On Thursday, Nvidia's CEO Jensen Huang announced that an AI research and development center will be established in vietnam to promote the development of the AI industry in vietnam by building AI infrastructure, training vietnamese AI experts, and supporting AI startups. In addition, Nvidia will acquire the AI division of vietnam's Vingroup.
Futu Morning Report | Non-farm data is arriving tonight! Goldman Sachs: This could determine whether there will be another rate cut in December; another major bank is optimistic! Wells Fargo raises its outlook for the S&P to 7007 points.
After hours, it surged over 8%! Lululemon's Q3 performance exceeded expectations; after accurately predicting that bitcoin would reach $100,000 this year, Standard Chartered's analyst is bullish again: predicting it will reach the significant milestone of $200,000 by the end of next year; OPEC+ has continued its three sets of production cut measures, extending the additional voluntary reduction of 2.2 million barrels per day for three months.
Elon Musk's xAI has completed a new round of financing, and the valuation is reportedly over 40 billion dollars.
① Elon Musk's ai startup xAI has completed a new financing round of $6 billion, with a valuation exceeding $40 billion. ② xAI was founded by Musk in 2023 and completed the $6 billion financing in May of this year, at that time the valuation was $24 billion.
Foreign media: The nvidia Blackwell plan will be completed in manufacturing in the usa.
According to reports, if Taiwan Semiconductor reaches a final agreement with Nvidia, this will bring another important customer to Taiwan Semiconductor's factory in Arizona, which is scheduled to start mass production next year. However, although Taiwan Semiconductor plans to carry out the front-end process production of Blackwell chips in Arizona, these chips still need to be packaged back in China Taiwan.
Top 20 by transaction amount | Received bullish reports from multiple brokerages, Tesla rose over 3%, reaching a new high since April 2022; microstrategy opened high and fell back, closing down nearly 5%.
On Thursday, Tesla topped the U.S. stock trading volume with a 3.23% increase, reaching the highest level since April 2022, with a transaction volume of 30.035 billion USD. nvidia ranked second with a slight decrease of 0.05%, with a transaction volume of 24.998 billion USD. microstrategy ranked third with a 4.83% decline, with a transaction volume of 18.583 billion USD.
After hours surged over 9%! Lululemon's Q3 performance exceeded expectations, raised earnings guidance, and announced an increase of the $1 billion buyback plan.
The results showed that Q3 revenue grew 9% to $2.4 billion, exceeding analyst expectations of $2.36 billion. However, the americas region remained weak, with revenue only growing by 2%, while international sales increased by 33%. Net income was $0.35 billion, a year-on-year increase of 41%.
Intensifying competition! Reports indicate that amazon is persuading cloud customers to avoid nvidia and switch to its own chips.
Analysis suggests that if amazon can shift customer spending to its self-developed server chips, as these chips are cheaper for cloud customers due to their significantly lower power consumption compared to nvidia chips, this will enhance amazon's profit margins. Moreover, it can also prevent nvidia from occupying more cloud market share by directly renting out its chip servers to enterprises.
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Lululemon Athletica Shares Are Trading Higher After the Company Reported Better-than-expected Q3 Financial Results and Increased Its Share Buyback Program by $1 Billion.
Lululemon in Charts: Sales in China, Other Geographies Soar Compared to North America in Q3
Lululemon Q3 Earnings: Revenue Beat, EPS Beat, $1B Buyback Increase, 'Continued Momentum' Across International Markets
CORRECTION: Lululemon Athletica Sees Q4 2024 Revenue $3.475B-$3.510B Vs $3.496B Est.
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James Cameron's Firm and Meta to Create Experiences for Quest VR Headset
A newcomer in the U.S. Senate claims to end subsidies for electric vehicles, allowing consumers to decide which models to purchase.
① Bernie Moreno, the incoming senator from ohio in the usa, stated that if he becomes the "autos czar" in the next Trump administration, one of his top priorities would be to eliminate the $7,500 tax credit for electric vehicles; ② Moreno emphasized that the "market should play a role," calling for an end to government intervention in businesses, and advocated for creating a favorable tax, regulatory, and labor environment for auto companies.
Super Micro Computer CEO Posts To Elon Musk, "Supermicro Is Here to Support XAI's Massive 10-fold Expansion of the Colossus Supercomputer in Memphis With Over 1 Million GPUs by Establishing Local Operations/production, Validation, Service and Support..."