On Monday, NVIDIA (NVDA) was the most traded US stock, closing down 4.27% with a turnover of $80.581 billion. CEO Jensen Huang publicly admitted to infidelity and issued a public apology to his family, company employees, the board of directors, and shareholders. Huang had been scheduled to be interviewed by an Anthropic executive at a private CEO forum on Monday evening, but is no longer on the event agenda. His name and photo have also been removed from the speaker list for the ElevenLabs Summit in New York.
Advanced Micro Devices (AMD) ranked fourth, closing up 13.26% with a turnover of $25.228 billion. The three major US stock indices opened higher collectively, with most semiconductor stocks and large-cap tech shares rebounding. US chip giant AMD has posted significant rebounds for two consecutive trading days, accumulating gains of nearly 20%. Regarding the US stock market outlook, industry institutions judge that with the rapid clearing of short-term liquidity pressure and the market gradually pricing political risks more rationally, a phased stabilization is expected in the short term. Considering that after the US midterm elections, market expectations for an escalation of the US-Iran conflict have cooled somewhat, limiting further significant oil price increases, the Federal Reserve may raise rates again in December, but will then shift to a wait-and-see stance.
Micron Technology (MU) ranked fifth, closing up 6.25% with a turnover of $23.023 billion. Apple (AAPL) ranked sixth, closing up 2.43% with a turnover of $16.445 billion. According to the latest code discoveries shared by code researcher pdfu, Apple is developing a personal memory system that could help Siri remember various information in users' lives. Based on related findings, in Apple's iOS 27.3 beta, this system includes a component called "Memory Graph," designed to organize users' interpersonal relationships, frequently visited locations, daily habits, health conditions, exercise activities, and factors that motivate or hinder users from achieving their goals.
SpaceX ranked seventh, closing up 5.81% with a turnover of $14.471 billion. SpaceX plans to build a gas power plant and supercomputing facility at its Starbase corporate town in Texas, with first-phase estimated investment of $24 billion. The company plans to execute the USSF-266 mission on November 16 at Space Launch Complex 4E, Vandenberg Space Force Base, California, using a Falcon 9 rocket.
Microsoft (MSFT) ranked eighth, closing up 2.75% with a turnover of $13.734 billion. Tesla Motors (TSLA) ranked ninth, closing up 5.54% with a turnover of $13.623 billion. Musk defended the Cybertruck and the company's decision to discontinue production of this highly controversial steel pickup, claiming that orders far exceed production capacity. Musk said on Monday that Tesla will stop Cybertruck production in about 8 months. He also stated that the company will manufacture as many of this model as possible before then, but Tesla "will have to refund deposits to a large number of users."
Amazon.com (AMZN) ranked tenth, closing up 2.94% with a turnover of $13.606 billion. SanDisk Corp. (SNDK) ranked twelfth, closing up 6.16% with a turnover of $12.111 billion. Meta Platforms (META) ranked thirteenth, closing up 5.12% with a turnover of $12.077 billion. Meta Platforms is taking further steps to drive AI product sales to the enterprise market. The company has begun building a sales organization, planning to sell AI products to small and medium-sized enterprises, and establishing partnerships with consulting firms and system integrators to win large enterprise clients.
Broadcom (AVGO) ranked fourteenth, closing up 8.78% with a turnover of $11.585 billion. Broadcom announced it will release its fiscal 2026 fourth-quarter and full-year financial results after US market close on Wednesday, December 9, local time, and will hold an earnings conference call at 2 PM Pacific Time that day.
Alphabet (GOOGL) Class A shares ranked fifteenth, closing up 1.18% with a turnover of $10.514 billion. Google will launch two new Tensor Processing Unit (TPU) chips, TPU 8tx and 8i Max, to meet different AI application needs. Among them, TPU 8tx targets confidential computing needs of government agencies and regulated industries, and works in coordination with AMD chips; TPU 8i Max is mainly aimed at AI applications requiring long context windows, enhancing computing power and memory capacity by packaging two TPU chips together. Google chip head Amin Vahdat stated that both new products are expected to launch next year.
Intel (INTC) ranked sixteenth, closing up 5.49% with a turnover of $8.421 billion. Taiwan Semiconductor Manufacturing (TSM) ranked twentieth, closing up 3.51% with a turnover of $6.049 billion.