WSB Alert | NVIDIA Tops WSB Hot List Despite 4.69% Drop; ASML and Trump Media Follow

A few years ago, a short squeeze battle between retail investors and Wall Street made the WSB forum go viral overnight, with a surge in user numbers. Since then, it has been dubbed the "retail investor hub" of the US stock market. The retail investors here may seem crazy, but they are not lacking in rationality, serving as a market trend indicator.

The WSB hot stock list aims to delve into retail investors' favorite stocks by tracking individual stock mentions, likes, and popularity rankings, thus capturing the latest trends in the US stock market.

Latest WSB Hot Discussion Rankings as of October 16

By ranking:

NVIDIA ranks 1st on the WSB hot discussion list, with NVIDIA down 4.69% overnight.

Trump Media Technology ranks 2nd on the WSB hot discussion list, with Trump Media Technology down 9.65% overnight.

ASML ranks 3rd on the WSB hot discussion list, with ASML down 16.26% overnight.

Notably, in terms of ranking changes, among the top 20 in the hot discussion list:

Wolfspeed's ranking on the WSB hot discussion list rose by 222 places, currently ranking 17th, with Wolfspeed up 21.27% overnight.

Robinhood Markets' ranking on the WSB hot discussion list rose by 122 places, currently ranking 16th, with Robinhood Markets down 0.74% overnight.

SoFi Technologies' ranking on the WSB hot discussion list rose by 102 places, currently ranking 20th, with SoFi Technologies up 1.39% overnight, having risen for 6 consecutive days, up 23.10% over the past 6 days.

Key highlights from the table include NVIDIA at the top with 610 mentions and 5608 likes, followed by Trump Media Technology with 358 mentions and 12424 likes. ASML ranks third with 319 mentions and 2371 likes.

WSB Hot Discussion Company News

Lenovo's ThinkSystem SC777 servers to feature NVIDIA Blackwell AI accelerator card
Yang Yuanqing, Chairman and CEO of Lenovo Group, and Jensen Huang, CEO of NVIDIA, announced at the 2024 Tech World that Lenovo's new ThinkSystem SC777 servers will feature the NVIDIA Blackwell AI accelerator card.

ASML Holding: Technical issue causes Q3 earnings report to be released a day early on October 15
ASML Holding stated that a technical issue led to the Q3 earnings report being released a day early on October 15. Note: The company's website originally scheduled the report for October 16. ASML expects China to account for about 20% of next year's total revenue. ASML's CEO mentioned that the chip market recovery is slower than anticipated. ASML expects the full-year gross profit margin to be around 56%, compared to analysts' expectations of 50.8%. ASML's Q3 orders were €2.63 billion, below the market expectation of €5.39 billion. It is expected that net sales in 2025 will range between €30 billion and €35 billion, with the market expecting €35.94 billion. The 2025 gross profit margin is expected to be between 51% and 53%, compared to the previous expectation of 54% to 56%.

Reports indicate Tesla has placed orders for LGES to mass-produce 46800 batteries by December
Reports indicate that LG Energy Solution (LGES) will start mass production of Tesla's ordered 46800 cylindrical batteries by December 2024. Tesla intends to increase the shipment of the Cybertruck and is preparing for the launch of the Model Y Juniper in early 2025, which prompted the request for LGES to begin mass production of the 46800 batteries.

Musk promises mass production of robot taxis during the Tesla Cybercab unveiling
Musk promised mass production of robot taxis during the unveiling of the Tesla Cybercab prototype.

Tesla launches limited-time transfer policy for FSD
On October 15, Tesla launched a limited-time transfer policy for Full Self-Driving (FSD) capabilities. Current owners with FSD rights can transfer their FSD benefits to a new Model S/3/X/Y if they order and deliver by December 31, 2024.

Intel and AMD announce the formation of the X86 Ecosystem Advisory Group
At today's Lenovo Tech World, Intel and AMD announced the formation of the X86 Ecosystem Advisory Group. Intel CEO Pat Gelsinger stated that X86 is thriving and is about to undergo a period of customization, expansion, and scalability, offering opportunities brought by artificial intelligence. AMD Chair and CEO Lisa Su stated that AMD and Intel, along with all founding members, are establishing the X86 Ecosystem Advisory Group to accelerate the development of computing capabilities.

AMD Chair and CEO Lisa Su: Revolutionary AI chip MI325X to be supplied to Lenovo in Q1 next year
On October 16, Lenovo Tech World was held in the US. AMD Chair and CEO Lisa Su stated that the progress achieved in the past two years has surpassed the previous decade combined. Last week, AMD released the latest MI325X processor. The AMD MI325X will be mass-produced and shipped by the end of the quarter, with Lenovo receiving supply in Q1 next year.

CIC completes due diligence on equity transfer of three AMCs, with results expected within the year
According to reports, there has been progress on the equity transfer work of China Cinda, China Orient, and China Great Wall. The preliminary due diligence related to the equity transfer work has been completed, with law firms and accounting firms participating in the project. The due diligence included comprehensive assessments of the three AMCs' overall situation, asset quality, and litigation status. A former AMC executive stated that the equity transfer is an important initiative from last year's Central Financial Work Conference aiming to deepen financial reforms, and the due diligence is part of implementing the reform tasks. If subsequent processes proceed smoothly, the equity transfer of the three AMCs could be clarified within the year.