Nvidia’s Jensen Huang Says AI Stock Selloff Will Pass
Jensen Huang says the AI stock selloff will pass, pointing to long-term adoption as investors scrutinize infrastructure spending and financing risks.
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Jensen Huang says the AI stock selloff will pass, pointing to long-term adoption as investors scrutinize infrastructure spending and financing risks.
Taiwan’s stock boom is drawing fund managers toward private trading firms, as personal-investment restrictions put talent retention under pressure.
ASML reports €4.96 billion in quarterly profit and raises its annual sales outlook, but says planned capacity cannot meet AI-driven demand through 2028.
SK hynix drops 10.09% and Samsung loses 7.39% as memory competition and AI funding concerns drive Asian and European selling, with U.S. chip stocks lower in premarket trading.
Huawei reaches 28% of China’s AI-accelerator shipments as Nvidia’s share falls to 34%, highlighting export restrictions and stronger domestic competition.
Samsung and SK hynix tumble on CXMT competition fears as South Korea approves blocks on 27 crypto websites and prepares for a 2027 digital-asset tax.
Intel and Broadcom’s CEOs warn that financing costs and investment returns could constrain the AI buildout even as computing demand remains strong.
TSMC’s third-quarter revenue rose roughly 50% in Taiwan-dollar terms to a record, beating forecasts as AI chip demand remained strong.
Samsung forecasts record quarterly operating profit of about $80 billion, but its shares fall as investors weigh expectations and the AI-memory outlook.
Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
Nvidia reaches a new intraday record, taking its estimated market value above $5.72 trillion as investors assess AI earnings and a larger buyback program.
AMD’s all-stock agreement would bring World Labs’ spatial AI research in-house and make Fei-Fei Li chief scientist after the transaction closes.
Nvidia expands its buyback authorization by $150 billion as AI earnings surge, with $235 billion now available for repurchases through fiscal 2028.
Michael Burry has increased short positions in Micron, Nebius, Palantir and the SOXX semiconductor ETF, reversing part of the portfolio-wide risk reduction he made earlier in September.
Alibaba has unveiled its Zhenwu V900 AI chip with three times the performance of its predecessor as the company prepares massive Qwen models and more than 20 gigawatts of global data center capacity.