Nvidia Surges Amid AI Chip News, As Trading Volume Skyrockets
Wednesday, May 7, 2025 6:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.10%, with the trading volume of 23.53B. The Trump administration may ease AI chip export restrictions, benefiting nvidia Corp, which rallied following this news. NVIDIA's upcoming RTX 5060 graphics card will be available on May 20 at 2499 RMB in China.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.32%, with the trading volume of 19.63B. Tesla's Model 3 and locally produced electric vehicle sales in China fell 6% year-on-year in April, affected by strong competition in the market. The company continues to innovate with over 95% of Model 3 and Model Y parts sourced domestically.
3. Alphabet (Nasdaq: GOOGL)
Alphabet plunged by -7.26%, with the trading volume of 19.37B. Google's decline is attributed to Apple's plan for AI search in its browser. Additionally, Google introduced the Simplify feature for iOS apps and partnered with Elementl Power on nuclear development projects.
4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.14%, with the trading volume of 13.15B. Apple is considering integrating AI search features into its browser and has reached an annual search agreement with Microsoft, as disclosed by Senior VP Cue. Additionally, Apple plans to introduce AI to address the first decline in its browser search application.
5. Alphabet (Nasdaq: GOOG)
Alphabet plunged by -7.51%, with the trading volume of 12.08B. Apple announced plans to add AI search functionality to its browser, intensifying competition with Google. Google partnered with Elementl Power to advance nuclear projects and launched the iOS app feature Simplify to help users understand complex content.
6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.49%, with the trading volume of 10.46B. Palantir Technologies' Q1 2025 report showed a 105.26% increase in net profit with revenue of $8.84 billion. Analysts express optimism despite valuation concerns. Palantir partners with xAI and TWG Global to enhance AI in financial services.
7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.01%, with the trading volume of 10.09B. Microsoft and Apple have reached an annual search agreement; OpenAI plans to reduce its revenue share with Microsoft to below 10% by 2030; Microsoft integrates extensive AI features into Windows 11.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.76%, with the trading volume of 8.58B. AMD reported Q1 2025 revenue of $7.4 billion, with a net income of $7.09 billion. The data center division generated $3.7 billion. The company has completed the acquisition of ZT Systems and highlighted the Instinct MI400 as a key AI strategy component.
9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.00%, with the trading volume of 8.27B. Amazon will invest $4 billion in Chile for cloud infrastructure, partners with PepsiCo as a strategic cloud provider. The company introduced the Vulcan warehouse robot that handles 75% of tasks and paused Zoox's autonomous vehicle testing after a collision, triggering a recall.
10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.62%, with the trading volume of 7.80B. Meta is transitioning from a social media giant to an AI-driven business, with increased investment appeal. The company won a $168 million lawsuit against NSO Group over privacy violations and faced criticism regarding performance evaluations.
Nvidia gained solidly by 3.10%, with the trading volume of 23.53B. The Trump administration may ease AI chip export restrictions, benefiting nvidia Corp, which rallied following this news. NVIDIA's upcoming RTX 5060 graphics card will be available on May 20 at 2499 RMB in China.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.32%, with the trading volume of 19.63B. Tesla's Model 3 and locally produced electric vehicle sales in China fell 6% year-on-year in April, affected by strong competition in the market. The company continues to innovate with over 95% of Model 3 and Model Y parts sourced domestically.
3. Alphabet (Nasdaq: GOOGL)
Alphabet plunged by -7.26%, with the trading volume of 19.37B. Google's decline is attributed to Apple's plan for AI search in its browser. Additionally, Google introduced the Simplify feature for iOS apps and partnered with Elementl Power on nuclear development projects.
4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.14%, with the trading volume of 13.15B. Apple is considering integrating AI search features into its browser and has reached an annual search agreement with Microsoft, as disclosed by Senior VP Cue. Additionally, Apple plans to introduce AI to address the first decline in its browser search application.
5. Alphabet (Nasdaq: GOOG)
Alphabet plunged by -7.51%, with the trading volume of 12.08B. Apple announced plans to add AI search functionality to its browser, intensifying competition with Google. Google partnered with Elementl Power to advance nuclear projects and launched the iOS app feature Simplify to help users understand complex content.
6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.49%, with the trading volume of 10.46B. Palantir Technologies' Q1 2025 report showed a 105.26% increase in net profit with revenue of $8.84 billion. Analysts express optimism despite valuation concerns. Palantir partners with xAI and TWG Global to enhance AI in financial services.
7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.01%, with the trading volume of 10.09B. Microsoft and Apple have reached an annual search agreement; OpenAI plans to reduce its revenue share with Microsoft to below 10% by 2030; Microsoft integrates extensive AI features into Windows 11.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.76%, with the trading volume of 8.58B. AMD reported Q1 2025 revenue of $7.4 billion, with a net income of $7.09 billion. The data center division generated $3.7 billion. The company has completed the acquisition of ZT Systems and highlighted the Instinct MI400 as a key AI strategy component.
9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.00%, with the trading volume of 8.27B. Amazon will invest $4 billion in Chile for cloud infrastructure, partners with PepsiCo as a strategic cloud provider. The company introduced the Vulcan warehouse robot that handles 75% of tasks and paused Zoox's autonomous vehicle testing after a collision, triggering a recall.
10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.62%, with the trading volume of 7.80B. Meta is transitioning from a social media giant to an AI-driven business, with increased investment appeal. The company won a $168 million lawsuit against NSO Group over privacy violations and faced criticism regarding performance evaluations.
Ask Aime: How did the stock market react to Apple's AI search plans and Google's Simplify feature launch?
