Wall Street Breakfast Podcast: The Nvidia Of China Soars On Debut (NASDAQ:NVDA)

Group 1: Moore Threads Technology - Moore Threads Technology, an AI chipmaker, experienced a 500% increase in share price on its debut in China, raising approximately $1.13 billion (8 billion yuan) in its IPO on the Shanghai STAR Market [3][4]. - The company, often referred to as "China's Nvidia," is capitalizing on China's push for domestic chip manufacturing and tech self-sufficiency, having shifted focus from gaming graphics to AI accelerators [4]. - The stock began trading at a price-to-sales ratio of 123x, significantly higher than the peer average of 111x, with projected sales growth of up to 242% by 2025, reaching 1.5 billion yuan [5]. Group 2: U.S. Mineral Companies - The Trump administration is looking to increase equity stakes in critical minerals companies to counter China's dominance in raw materials, having spent over $1 billion in the past year on this initiative [6]. - This strategy has positively impacted stock prices of companies like MP Materials and Lithium Americas [6]. Group 3: Fluidstack - Fluidstack, a neocloud company, is seeking to raise around $700 million in funding, which would value the startup at $7 billion [7]. - The company, which recently relocated its headquarters to New York, is part of a growing sector that rents compute capacity for AI development and has secured deals with crypto miners [8]. - Fluidstack is also involved in a significant AI project in France, planning to build a €10 billion ($11.5 billion) supercomputer by 2026, highlighting the increasing demand for AI compute infrastructure [9].