Nvidia(US:NVDA) Zhong Guo Neng Yuan Wang·2025-10-10 02:21Group 1: NVIDIA's AI Chip Export Approval - The U.S. has approved NVIDIA to export AI chips worth billions to the UAE, marking a significant step in a controversial agreement that may shape U.S. AI diplomacy [2][3] - The approval is based on a bilateral AI agreement, with the UAE committing to invest an equivalent amount in the U.S. [2][5] - This is the first time since the Trump administration that the U.S. has allowed NVIDIA to sell AI chips to the UAE, which is developing a large data center in Abu Dhabi [2][3] Group 2: xAI Financing and NVIDIA's Investment - Elon Musk's xAI has secured up to $20 billion in funding, including a $2 billion equity investment from NVIDIA [6] - The funding will support the construction of a new data center project called "Colossus 2" and the acquisition of NVIDIA's AI chips [6] - NVIDIA's CEO expressed excitement about the investment, indicating a strong belief in Musk's ventures [6][7] Group 3: TSMC's Revenue Growth - TSMC reported a 30% year-over-year revenue increase for Q3, exceeding market expectations [9] - The company's sales for September reached 330.98 billion NTD, with a total revenue of 989.92 billion NTD for the quarter [9] - TSMC's stock has risen 54% this year, reflecting its position as a key beneficiary of AI technology development [9][10] Group 4: Market Reactions and Future Projections - Barclays raised TSMC's target price from $325 to $330, while Bank of America also increased its target to $330, anticipating a 24% revenue growth for TSMC in FY2026 [10] - The demand for AI technology is driving significant investments in infrastructure, with the UAE planning to invest $1.4 trillion in the U.S. over the next decade [3][5]