WSB Alert | NVIDIA Tops WSB Discussion List Amid 2.10% Drop and Regulatory Scrutiny
AInvestThursday, Aug 29, 2024 7:01 am ET
4min read
AFRM --
NVDA --
SMCI --
A few years ago, a short squeeze battle between retail investors and Wall Street made the WSB forum an overnight sensation, with its user base soaring. Since then, it has been regarded as the "home base" for U.S. stock retail investors. The retail investors here may seem crazy, but they are rational and serve as a barometer for market trends. The WSB Hot Stocks section aims to delve into the most popular stocks among retail investors by considering key metrics such as mentions, likes, and hot discussion rankings, thus tracking their focus and grasping the latest U.S. stock trends.

The latest WSB hot discussion rankings as of August 29 are as follows:

In terms of rankings,

NVIDIA ranks 1st on the WSB hot discussion list, and NVIDIA dropped by 2.10% overnight.

Super Micro Computer ranks 2nd on the WSB hot discussion list, and Super Micro Computer plunged by 19.02% overnight, marking a three-day consecutive drop with a total decline of 27.68% over the past three days.

S&P 500 ETF-SPDR ranks 3rd on the WSB hot discussion list, and S&P 500 ETF-SPDR dropped by 0.58% overnight.


It is worth noting that in terms of ranking changes within the top 20 of the hot discussion list,

Affirm Holdings rose 40 places to rank 17th, with Affirm Holdings dropping by 2.86% overnight.

Trump Media & Technology Group (TMTG) rose 28 places to rank 18th, with TMTG dropping by 4.24% overnight, marking a three-day consecutive drop with a total decline of 11.88% over the past three days.

Clear Secure rose 26 places to rank 19th, with Clear Secure dropping by 2.37% overnight.


The top five companies on the WSB hot discussion list are NVIDIA (NVDA) with 2,988 mentions and 23,160 likes, Super Micro Computer (SMCI) with 855 mentions and 5,544 likes, S&P 500 ETF-SPDR (SPY) with 491 mentions and 1,389 likes, AST SpaceMobile (ASTS) with 251 mentions and 707 likes, and Nasdaq 100 Index ETF (QQQ) with 150 mentions and 445 likes.

WSB Hot Discussion Company News

NVIDIA CEO Jensen Huang: Blackwell Chips Have Entered Mass Production and Will Be Able to Increase Supply
NVIDIA CEO Jensen Huang addressed concerns about the company's Blackwell chips, saying, "We will have a lot, a lot of supplies, and we will be able to increase supply." He mentioned this during a media interview on Wednesday. The samples of these chips have "already been released worldwide today," and the company has started mass production.
NVIDIA Reports Receiving Information Requests from Regulators
According to documents from the U.S. Securities and Exchange Commission, NVIDIA stated that it has received information requests from regulators in the U.S. and South Korea. These requests pertain to GPU sales, supply allocation, investments, foundational models, and partnerships with companies developing foundational models.
NVIDIA CEO Jensen Huang: Next-Generation Chips Will Be More Efficient
NVIDIA CEO Jensen Huang said that the coming year will be great, with nations recognizing data as a national resource. He mentioned that the next-generation chips would be more efficient, and supply will improve in the coming year.
NVIDIA CEO Jensen Huang: Significant Demand for Liquid-Cooled Blackwell Chips
When asked about the Blackwell chips' need for liquid cooling and whether it would slow down application speed, NVIDIA CEO Jensen Huang responded by saying that the next trillion-dollar infrastructure will be remarkable. The Blackwell chips will come in many forms, some of which do not require liquid cooling, but the demand for liquid cooling is significant.
Institutions Concerned About NVIDIA's Customer Layout Leading to a Bubble
Institutional analysis suggests that although NVIDIA has consistently exceeded Wall Street expectations for several quarters, most of its growth comes from a limited number of customers. Approximately 40% of NVIDIA's revenue comes from major data center operators, such as Google's Alphabet and Meta Platforms, which are investing billions of dollars in AI infrastructure. Despite increased capital expenditure budgets from Meta and other companies this fiscal year, there are concerns that the amount of infrastructure being laid out exceeds current demand, potentially leading to a bubble. However, NVIDIA CEO Jensen Huang maintains that this is just the beginning of a new era of technology and economy.

SK Hynix Develops Sixth-Generation 10-Nanometer DDR5 DRAM
On August 29, SK Hynix announced that it has developed the world's first sixth-generation 10-nanometer (1c) 16Gb DDR5 DRAM. The company emphasized that it will complete preparations for mass production of 1c DDR5 DRAM within this year and start supplying products next year. This 1c DDR5 DRAM will primarily be used in high-performance data centers, running at a speed of 8Gbps, an 11% increase compared to the previous generation. Additionally, its energy efficiency has improved by over 9%.

Ming-Chi Kuo: iPhone 17 Pro Max to Feature 12GB of RAM; Enhanced On-Device AI to Be a Major Selling Point
TF International Securities analyst Ming-Chi Kuo stated that the 2025 iPhone models will feature the following specifications: only the iPhone 17 Pro Max will have 12GB of DRAM (the ultra-thin iPhone, iPhone 17, iPhone 17 Pro, and SE4 will all have 8GB). Therefore, enhanced on-device AI will be a major selling point for the iPhone 17 Pro Max. Additionally, it will have upgraded heat dissipation specifications, featuring a combination of vapor chamber and graphite sheets. The other 2025 iPhone models will continue to use graphite sheets. Currently, the Pro Max accounts for nearly 40% of new device shipments, contributing significantly to Apple's revenue and profit from hardware products. Thus, the strategy of equipping the Pro Max with the highest specifications (not just a larger screen size than the Pro) is expected to continue.

Tesla China Denies Reports of Seven-Seater Model Y Production at Shanghai Gigafactory
Recent reports suggested that Tesla plans to launch a seven-seater Model Y, produced in China, in the Chinese and European markets in October 2024. The reports claimed that the Shanghai Gigafactory has already started producing the new model. On the afternoon of August 29, Tesla China representatives stated that the news about the Shanghai Gigafactory producing the seven-seater Model Y is "fake news."
Media Reports Tesla Requested Canada to Lower Tariffs on China-Made Tesla Vehicles
On August 26, Canada announced that it would impose tariffs on electric vehicle products imported from China. According to Reuters, sources from the Canadian government revealed that before Canada announced the 100% tariff on China-made electric vehicles, American EV manufacturer Tesla had contacted the Canadian government, requesting that tariffs on Tesla vehicles imported from China be reduced to the same level as those from the European Union. Canada declined to comment on this matter.
Reports Claim Seven-Seater Model Y to Launch in China in October; No Official Response from Tesla
Recent reports indicated that Tesla plans to launch a seven-seater Model Y, produced in China, in the Chinese and European markets in October this year. The Shanghai Gigafactory has reportedly already started producing this model. When contacted for verification, Tesla China representatives did not respond by the time of publication.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.