On Wednesday, Nvidia ranked third in trading volume on US markets, closing up 0.82% with a turnover of $20.528 billion. Apple may be returning to the enterprise server market after a multi-year absence. Reports suggest Apple is currently developing enterprise-grade AI servers equipped with the M8 Ultra chip and considering integrating Nvidia's NVLink Fusion technology.
Micron ranked fourth, closing down 0.11% with a turnover of $18.499 billion. Micron executive Sadana noted that meaningful new memory supply is unlikely to begin ramping until 2028, and no supply-demand equilibrium point is currently visible. He further stated that long-term supply agreements, joint R&D, and demand from edge AI and robotics are expected to continuously reshape the business model of the memory industry.
SpaceX ranked fifth, closing up 5.15% with a turnover of $16.220 billion. SpaceX has set September 22 as the target date for the 14th test flight of Starship. Unlike the previous 13 missions, this flight aims to send the spacecraft into true Earth orbit for the first time, rather than following the suborbital flight arcs used previously.
Intel ranked sixth, closing up 4.03% with a turnover of $11.961 billion. Reports indicate that SK Hynix is in talks with Intel regarding collaboration, with plans to produce memory chips on US soil for the first time. Subsequently, SK Hynix stated that there is currently no definitive decision regarding cooperation with any specific company mentioned in the reports, or on producing memory chips in the US. SK Hynix is exploring various options to enhance its global competitiveness, but no specific plans or arrangements have been finalized. Additionally, Intel CEO Lip-Bu Tan recently stated that as AI agents expand rapidly in scale, CPU demand has far exceeded Intel's current supply capacity, with the company only able to meet approximately 50% of leading customers' needs. He also revealed significant progress in the company's process technology, with the 18A node entering mass production and the 14A node set to begin production in the first quarter of next year.
Apple ranked seventh, closing up 0.32% with a turnover of $11.874 billion. Apple is developing an AI inference server equipped with its in-house chips, targeting AI developers, enterprises, and government clients, with potential versions featuring two and four M8 Ultra chips respectively.
Meta Platforms ranked eighth, closing up 0.46% with a turnover of $11.568 billion. Meta will launch a disruptive smart glasses product this fall, internally codenamed Luna. Unlike current mainstream camera-equipped smart glasses, this new product completely eliminates camera hardware and focuses on pure voice-based AI interaction, seen as a key strategic move by Meta to address global privacy controversies and adjust its wearable hardware strategy.
AMD ranked ninth, closing up 1.65% with a turnover of $11.470 billion. Tesla ranked tenth, closing up 0.42% with a turnover of $11.453 billion. As the US midterm elections enter the final sprint, massive amounts of capital are flooding in. Billionaires from Silicon Valley to Wall Street are lining up to fund the Republican Party's election efforts for Trump. Elon Musk is also intensifying his support for Republicans in the midterm elections, having spent over $250 million on Trump in 2024.
SanDisk ranked eleventh, closing down 0.71% with a turnover of $11.196 billion. Amazon ranked thirteenth, closing down 0.99% with a turnover of $8.089 billion. Amazon announced it will raise the minimum starting wage for full-time core operations roles in the US to $20 per hour, a move that comes just ahead of the holiday season's large-scale recruitment drive. Microsoft ranked fourteenth, closing down 1.37% with a turnover of $8.071 billion. Microsoft's AI head Suleyman took aim at Anthropic, advising against letting Claude mimic human consciousness.
Dell Technologies ranked eighteenth, closing up 3.64% with a turnover of $7.319 billion. Dell Technologies CEO Michael Dell recently told investors that amid the AI boom, computing equipment and PC prices will continue to rise, and the "structural shortage" of hardware device chips is likely to worsen further by 2027. Alphabet's Class A shares ranked twentieth, closing down 0.61% with a turnover of $6.324 billion. Emerald AI, Google, and Nvidia jointly announced the formation of the AI Energy Management Alliance (AEMA). According to Nvidia's official website, this is the industry's first alliance of its kind, dedicated to enabling data centers to dynamically adjust their electricity consumption based on grid operating conditions.