WSB Alert | NVIDIA Tops WSB Discussion with CEO Cashing Out $24.9M in Stock

A few years ago, a short squeeze battle between retail investors and Wall Street made the WSB forum an overnight sensation, with a surge in user numbers. Since then, it has been known as the "Home of Retail Investors" for U.S. stocks. Although the retail investors here may seem crazy, they are not lacking in rationality, serving as a market trend indicator.
WSB's hotly discussed stocks section aims to delve into the most popular stocks among retail investors by analyzing key metrics such as the number of mentions, likes, and discussion rankings, to track their focus and grasp the latest trends in the U.S. stock market.

The latest WSB hot discussion rankings as of August 13 are as follows:

According to the rankings:

NVIDIA ranks first on the WSB hot discussion list, with NVIDIA rising 4.08% overnight.

S&P 500 ETF-SPDR ranks second on the WSB hot discussion list, with S&P 500 ETF-SPDR rising 0.05% overnight, marking a three-day gain of 2.82%.

Tesla ranks third on the WSB hot discussion list, with Tesla falling 1.26% overnight.

Notably, based on ranking changes in the top 20:

Apple's ranking on the WSB hot discussion list has risen by 88 places, currently standing at 15th, with Apple rising 0.60% overnight, marking a four-day gain of 4.97%.

Hims & Hers Health's ranking has risen by 55 places, currently at 19th, with Hims & Hers Health rising 0.06% overnight, marking a two-day gain of 0.76%.

Amazon's ranking has risen by 49 places, currently at 17th, with Amazon falling 0.08% overnight.

In summary, the top rankings and their details are as follows: NVIDIA remains at the top with 531 mentions and 2,990 likes. S&P 500 ETF-SPDR holds the second spot with 388 mentions and 2,586 likes. Tesla climbs to third place with 127 mentions and 453 likes. Intel stays fourth with 91 mentions and 536 likes. Trump's Media Technology jumps six places to fifth with 85 mentions and 300 likes.

WSB Hot Discussion Company News:

NVIDIA CEO Jensen Huang cashed out $24.9 million worth of company stock on August 8-9, selling 240,000 shares
NVIDIA CEO Jensen Huang cashed out $24.9 million worth of company stock on August 8-9, selling 240,000 shares.
Bank of America names NVIDIA as one of the best "rebound stocks"
Bank of America analyst Vivek Arya said on Monday that if the semiconductor industry rebounds, NVIDIA stock would be a good choice. He expects the semiconductor industry to rebound in the fourth quarter of this year, as seasonal unfavorable factors may dissipate by then. Investors are waiting for NVIDIA's earnings report later this month, but Arya noted that September is traditionally the worst month for semiconductor stocks, so investors may need some patience. He said the good news is that the fourth quarter and the first quarter of the following year are usually much better for chip stocks, making his prediction that the semiconductor industry will rebound at that time. In such a scenario, NVIDIA, Broadcom, and KLA would be his top picks, as these companies are the most profitable suppliers in their respective end markets.
Samsung responds again to reports about NVIDIA's HBM3E chip: Testing is "on schedule"
According to reports, Samsung has responded again to media reports about NVIDIA testing its high-bandwidth memory (HBM) chips. A Samsung spokesperson said via email, "Samsung Electronics is optimizing our products through close cooperation with various customers and conducting tests as scheduled." Last week, it was reported that NVIDIA had approved Samsung's 8-layer HBM3E chips for its AI processors. But Samsung later responded that this was far from the truth, stating, "We cannot confirm rumors related to our customers, but this report is not true."

Tesla: Has stopped accepting orders for the cheapest $61,000 version of the Cybertruck
According to Fox News, Tesla has stopped accepting orders for the cheapest $61,000 version of its Cybertruck, while the $100,000 version can be ordered immediately and is expected to be delivered as early as this month. Industry analysts pointed out that this adjustment might indicate lower-than-expected demand for the Cybertruck.
Musk: Live interview with Trump to start at 8:30 PM ET (8:30 AM Beijing time)
Musk said that his live interview with Trump would start at 8:30 PM ET (8:30 AM Beijing time) and would reduce audience participation.
EU Internal Market Commissioner Breton has written to Tesla CEO Musk, reminding him of the due diligence obligations under the Digital Services Act
EU Internal Market Commissioner Breton has written to Tesla CEO Musk, reminding him of the due diligence obligations under the Digital Services Act.

SK Hynix reportedly increasing DRAM production
According to industry insiders, SK Hynix is increasing its DRAM production capacity at its Icheon M16 plant. The company has ordered key equipment from major suppliers, with deliveries expected to start in Q4 this year, and increased capacity expected by early next year.
SK Hynix plans to develop 4F2 structure DRAM to reduce costs
SK Hynix announced plans to develop 4F2 structure (vertical gate) DRAM, similar to its competitor Samsung. An SK Hynix researcher pointed out that since the commercialization of 1c DRAM, the cost of extreme ultraviolet (EUV) processes has been rapidly increasing, and it is now time to question whether using EUV to manufacture DRAM is profitable.

India orders withdrawal of antitrust investigation into Apple
According to Reuters, India's antitrust body has ordered the recall of an investigation report on Apple's alleged violation of competition law. Apple previously claimed that its trade secrets were leaked to competitors, including Tinder owner Match Group. This move will extend the investigation process that began in 2021, which focuses on Apple's suspected abuse of its dominant position in the app market, forcing developers to use its proprietary in-app purchase system and charging fees of up to 30%.
Tech journalist Gurman: Apple developing smart glasses and second-generation Vision Pro
According to tech journalist Mark Gurman's latest issue of "Power On," Apple's team is continuing to experiment with developing multiple smart glasses products, including a budget version of Vision Pro expected to be released next year. Additionally, Apple is continuing to develop the second-generation Vision Pro, with no clear release date yet.
Ming-Chi Kuo: Pre-orders for Samsung's new foldable phones Z Fold 6/Flip 6 down 10% year-over-year
On August 13, TF International Securities analyst Ming-Chi Kuo released a report stating that although the initial demand for Samsung's Galaxy S24 series exceeded expectations, shipment momentum has been slowing since April. Samsung's new foldable phones (Z Fold 6 & Z Flip 6), set to release in July 2024, will also feature AI as a main selling point, but pre-orders are down 10% compared to last year. Samsung's foldable phone shipments this year are expected to be around 8-9 million units, slightly declining from last year. Currently, it is anticipated that the S25 series shipments in 2025 will be similar to the S24 in 2024.