Alibaba Surges Amidst High Volumes: AI Chips Reveal Market Power Shakeup!

1. Nvidia (Nasdaq: NVDA)
Nvidia dropped solidly by -3.32%, with the trading volume of 42.33B. NVIDIA's data center revenue growth, driven by AI GPUs like H100/H200 and Blackwell, has slowed despite robust overall growth since 2023. UAE-based G42 seeks to diversify its chip supply beyond NVIDIA, negotiating with Amazon AWS, Google, Meta, and others.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -3.50%, with the trading volume of 27.32B. In August, Leapmotor and Xpeng achieved record monthly deliveries, with Leapmotor exceeding 50,000 units and Xpeng reaching a new peak. Xiaomi Auto delivered over 30,000 cars, with multiple emerging brands also showing significant year-on-year growth.

3. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited surged by 12.90%, with the trading volume of 10.94B. Alibaba is developing its own AI chips to counter NVIDIA's market restrictions in China and has signed a strategic partnership agreement with China Telecom. Additionally, its AI model Tongyi is widely used among Chinese enterprises, and Alibaba faces substantial fines in South Korea for false advertising by AliExpress.

4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.58%, with the trading volume of 10.63B. Microsoft has acknowledged a TLS 1.3 bug in Windows 11 impacting IIS Express certificate handling, is testing native clipboard sync from PCs to Androids, and released a limited edition 50th-anniversary Surface Laptop. Additionally, their Mixed Reality Link now supports Snapdragon X processor PCs for Meta Quest connectivity.

5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.18%, with the trading volume of 9.16B. Apple's first foldable iPhone will feature side fingerprint recognition, while AirPods Pro 3 will include temperature monitoring but delay real-time translation. Additionally, Apple urges supply chain automation, opens FastVLM for testing, and plans updates for iPhone 12 radiation concerns.

6. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 0.60%, with the trading volume of 8.44B. Google's Gemini 2.5 Deep Think model is now live for Google AI Ultra subscribers. Google denies ransomware attack and Gmail security alert rumors. Google is investigating Pixel 10 screen issues. UAE's AI company G42 is in talks with Amazon, Google, Meta, Microsoft for chip supply diversification, with Google leading the negotiations.

7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -0.89%, with the trading volume of 7.27B. Palantir Technologies saw substantial net buying interest from South Korean retail investors last week.

8. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.65%, with the trading volume of 6.70B. Meta's collaboration with Scale AI faces challenges after a $14.3 billion investment, with leadership issues and cooperation hurdles arising. Upcoming Meta Connect event may announce a smart glasses SDK. Meta opts for LCoS technology while others use Micro LED in AI glasses development.

9. Broadcom (Nasdaq: AVGO)
Broadcom dropped solidly by -3.65%, with the trading volume of 6.42B. Broadcom (AVGO.US) is set to release its third-quarter earnings on September 4, with anticipated revenue growth of 21% year-on-year to $15.82 billion and earnings per share of $1.66. The company's AI business remains a key focus for growth.

10. Marvell Technology (Nasdaq: MRVL)
Marvell Technology plunged by -18.60%, with the trading volume of 6.19B. Please provide the content source, and I'll summarize the company-related news for you.