Volume Stonkers | Intel up 3.20%, launches AI chips; Vistra sees 12th day rise with nuclear and AI investments

NVIDIA rose 2.18%, with a trading volume reaching $34.708 billion. The company has continued to receive positive news, including the conclusion of stock sales by CEO Jensen Huang, and a bullish report from Morgan Stanley.

Tesla increased by 1.08%, with a trading volume of $16.505 billion. Analysts predict Q3 will be Tesla's best ever in China, with the Robotaxi project progressing well. Morgan Stanley remains optimistic about its growth potential.

Apple fell 0.44%, with a trading volume of $9.415 billion. Over the past decade, Apple has repurchased over $700 billion in stock. Citigroup has given the iPhone 16 series a “buy” rating, and Tim Cook promoted Apple AI features on a talk show.

Meta rose 0.88%, with a trading volume of $9.314 billion. Meta launched a new line of AI-enhanced AR devices and significantly reduced the price of Quest VR headsets. Citigroup raised Meta's target price to $645.

Microsoft increased by 0.69%, with a trading volume of $5.686 billion. The company announced a $1.3 billion investment in Mexico's AI sector over the next three years, while Google filed an antitrust lawsuit against Microsoft.

AMD rose 2.34%, with a trading volume of $5.652 billion. The next-gen gaming APU Z2 Extreme was unveiled, and semiconductor stocks generally rose following strong earnings from Micron.

Amazon fell 0.74%, with a trading volume of $5.060 billion. There was unusual activity in the options market, drawing significant attention to Amazon's consumer sector stocks.

Micron Technology increased by 1.88%, with a trading volume of $4.906 billion. Micron anticipates smartphone shipments will grow in 2024 and plans to expand its high-bandwidth memory market share by 2025.

Visa fell 1.08%, with a trading volume of $3.141 billion. The U.S. Department of Justice sued Visa for alleged monopolistic behavior, but Barclays maintained its “buy” rating.

Google A fell 0.49%, with a trading volume of $3.026 billion. Google collaborated with Snap to enhance Snapchat features and provided a $120 million fund for global AI education.

Broadcom rose 0.39%, with a trading volume of $2.777 billion. Broadcom released its strongest DSP supporting 1.6T optical transceivers, enhancing speeds for Comcast and Charter networks.

Intel increased by 3.20%, with a trading volume of $2.727 billion. Intel launched new AI chips Xeon 6 and Gaudi 3, aiming to challenge NVIDIA's market position.

SMIC fell 1.18%, with a trading volume of $2.304 billion. The company plans a stock split on October 1, 2024, converting 1 share into 10 shares.

Salesforce rose 1.38%, with a trading volume of $2.131 billion. Piper Sandler raised its target price and rating, while Qualitia Boson launched a new app on Salesforce AppExchange.

Snowflake increased by 0.10%, with a trading volume of $2.110 billion. Zeta Global launched AI-driven marketing solutions, supported by Snowflake data.

Google C fell 0.40%, with a trading volume of $2.102 billion. Google partnered with Volkswagen to launch an AI assistant for drivers and increased investments in AI education.

ServiceNow fell 3.68%, with a trading volume of $2.035 billion. The stock declined, possibly due to a DOJ investigation into Carahsoft. CoreX announced the acquisition of ITS to enhance ServiceNow's industry solution support.

JPMorgan Chase fell 0.64%, with a trading volume of $1.866 billion. The decline was mainly due to market rumors and weak overall performance of the Dow.

Vistra rose 5.91%, with a trading volume of $1.861 billion. Vistra is seen as a potential dark horse in nuclear and AI investments, marking its twelfth consecutive trading day increase.

Alibaba fell 1.81%, with a trading volume of $1.771 billion. The company recently repurchased 1.6632 million shares for approximately $19.9815 million, amid market optimism about US-China economic stimulus measures.