Volume Stonkers | NVIDIA fell 0.21%, AI Chip Demand Strong, Mizuho Recommends Buying on Dips

NVIDIA, ranked first in trading volume, fell 0.21%, with a trading volume of $30.158 billion. Despite the stock's decline, Wall Street remains optimistic about its future performance. Mizuho stated that demand for AI chips remains strong and recommended buying on dips.

Tesla, ranked second, rose 0.58%, with a trading volume of $11.539 billion. Reports indicate that Tesla has canceled plans to build a factory in Southeast Asia, with the Malaysian Prime Minister stating that Tesla finds it difficult to compete with Chinese manufacturers. Additionally, competition in the "Robotaxi" sector is intensifying.

Apple, ranked third, rose 1.37%, with a trading volume of $8.847 billion. Apple plans to launch a new Mac Mini equipped with the M4 chip, which will be the smallest Mac computer ever and is expected to feature AI capabilities. Furthermore, Apple’s options market was unusually active, with options trading volume reaching 1.0952 million contracts on August 9.

Microsoft, ranked fourth, rose 0.83%, with a trading volume of $7.405 billion. Microsoft has partnered with Palantir, which will use Microsoft's AI platform as a "springboard," boosting Palantir's stock price.

Meta, ranked fifth, rose 1.60%, with a trading volume of $7.018 billion. Meta saw a strong weekly gain of approximately 6.1%. Moreover, Meta is exploring new advertising markets, and the introduction of Perplexity AI has significantly increased its revenue and usage rates.

Amazon, ranked sixth, rose 0.69%, with a trading volume of $5.968 billion. Amazon has partnered with TikTok and Pinterest to launch shoppable ads, with analysts predicting that this move could generate $1 billion in returns. Additionally, the UK is reviewing Amazon's $4 billion investment in Anthropic.

Eli Lilly, ranked seventh, rose 5.57%, with a trading volume of $5.776 billion. Eli Lilly's weight-loss drug performance far exceeded expectations, cementing its status as a global pharmaceutical leader. UBS stated that guarantees from Eli Lilly's key GLP-1 drug should alleviate investor concerns.

AMD, ranked eighth, fell 1.50%, with a trading volume of $5.426 billion. Despite the stock decline, AMD's RX 6600 series graphics cards have sold out after discontinuation, with the next generation of graphics cards expected to be released next year.

Google A, ranked ninth, rose 1.01%, with a trading volume of $4.612 billion. The U.S. Department of Justice may seek significant changes at Google, potentially forcing a divestiture of the Android system. Additionally, Google announced the launch of an Apache Airflow operator for its generative AI.

TSMC, ranked tenth, rose 1.59%, with a trading volume of $3.332 billion. TSMC's July sales reached NT$256.953 billion, up 44.7% year-over-year and 23.6% month-over-month.

SMIC, ranked eleventh, fell 0.23%, with a trading volume of $2.981 billion. Goldman Sachs downgraded SMIC's target price to $675, citing weak gross margins despite a positive revenue outlook.

Broadcom, ranked twelfth, rose 1.73%, with a trading volume of $2.720 billion. The options market for Broadcom showed unusual activity, with Citi optimistic about the prospects of the AI and semiconductor industries, listing Broadcom as a top pick.

Palantir, ranked thirteenth, rose 2.53%, with a trading volume of $2.613 billion. Palantir plans to deploy its AI products on Microsoft Azure and collaborate with Microsoft, driving its stock price to a 3-year high.

Google C, ranked fourteenth, rose 0.95%, with a trading volume of $2.208 billion. Google announced the launch of an Apache Airflow operator for its generative AI and continues to make strides in the advertising sector, with the introduction of Perplexity AI significantly boosting its revenue and usage rates.

Micron Technology, ranked fifteenth, rose 1.10%, with a trading volume of $2.011 billion. Citi is bullish on Micron Technology, suggesting that now is a good time to buy.

Visa, ranked sixteenth, fell 0.01%, with a trading volume of $1.880 billion. Visa's data observations indicate that consumer spending during the 2024 Paris Olympics will significantly boost the French economy.

UnitedHealth, ranked seventeenth, fell 1.32%, with a trading volume of $1.668 billion. UnitedHealth discovered files containing protected health information and personally identifiable information of a large portion of the U.S. population, with recovery costs expected to continue through the end of the year.

Intel, ranked eighteenth, fell 3.81%, with a trading volume of $1.504 billion. Intel postponed its innovation event scheduled for September due to financial pressures, and Moody's also downgraded its credit rating.

Costco, ranked nineteenth, rose 1.85%, with a trading volume of $1.445 billion. Costco saw significant growth in customer traffic, leading UBS to raise its target price to $927.

ExxonMobil, ranked twentieth, rose 0.82%, with a trading volume of $1.435 billion. ExxonMobil's options market showed strong investor interest, and its oil pipeline system was restarted after a planned 62-hour shutdown.