Nvidia Dominates with $48.65B Volume Amid AI Surge and Legal Battles

1. Nvidia (Nasdaq: NVDA)
Nvidia surged by 8.03%, with the trading volume of 48.65B. NVIDIA CEO Jensen Huang stated that high demand for the Blackwell chip has strained customer relationships due to limited supply. He defended high server prices, predicting significant returns on AI investments. A lawsuit claims NVIDIA and Microsoft infringed on patents related to Blackwell architecture GPUs.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.90%, with the trading volume of 18.51B. Tesla secures a 2GWh battery storage order; Tesla Model 3 sees strong demand in China with wait times extended to 4-6 weeks; Georgia Power Company reaches an agreement with Tesla for battery storage systems procurement.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.11%, with the trading volume of 9.69B. Apple's iPhone 16 will be manufactured in India and supplied globally, announced Ashwini Vaishnaw, Minister of Electronics and Information Technology. 46 companies have introduced Qi2 wireless charging modules for iPhone 16. iPhone 16 Pro Max is projected to be the series' best-selling model.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 2.20%, with the trading volume of 7.99B. Microsoft launches GitHub fine-tuning services for enterprise customers, achieves quantum computing milestone by entangling 12 logical qubits, announces 14.99 USD/month Xbox Game Pass Standard subscription, and CTO Kevin Scott hints at a significant AI model or product by year-end.

5. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.73%, with the trading volume of 7.63B. Alibaba has ceased its "Pick One of Two" policy, marking a significant shift in the e-commerce sector. Amazon plans to invest 80 billion GBP (105 billion USD) in its UK cloud business over the next five years. UBS analysts named Amazon among top TMT stocks for 2024.

6. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 4.90%, with the trading volume of 7.35B. AMD to hold Advancing AI 2024 event on October 10, featuring new Instinct accelerators and EPYC processors. AMD VP Jack Huynh confirmed 2025 release of low-spec Zen5 APU "Krackan." AMD announced new uDNA GPU architecture, integrating gaming and computing functionalities.

7. Broadcom (Nasdaq: AVGO)
Broadcom surged by 6.75%, with the trading volume of 6.10B. Broadcom (AVGO.US) reported FY2024 Q3 revenue of $13.1 billion, up 47% year-over-year, with operating profit increasing 44%. The semiconductor solutions segment contributed $7.3 billion, or 56% of total revenue. AI demand remains strong, with Q4 AI revenue expected to rise 10% sequentially.

8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.40%, with the trading volume of 5.39B. Meta disclosed an insider transaction on September 10, 2024, with executive Olivan Javier selling 413 shares. DA Davidson initiated coverage on Meta with a buy rating and a $600 price target. Meta revealed Quest 3S headset images ahead of the Meta Connect event.

9. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 1.78%, with the trading volume of 4.34B. Google DeepMind launched AlphaProteo, expanding AI capabilities into protein design. Following its legal defeat in the EU, Google must pay a 2.4 billion euro fine for abusing its search market dominance. The U.S. DOJ opened a case against Google for monopolizing the digital ad sector.

10. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 7.92%, with the trading volume of 3.14B. Advanced Micro Devices reported a trading volume of $3.141 billion on September 11, 2024, marking a 55.36% increase from the previous day.