By Rashika Singh and Rae Wee (Reuters) -Global technology shares rallied on Thursday after Nvidia's blow-out quarterly results signaled that demand for artificial intelligence hardware remains strong even as concerns of the historic boom outpacing fundamentals linger. The chip bellwether'​s stellar results tempered some concerns over a potential AI bubble, although questions about the payoff from the massive spending boom remain. Nvidia ‌shares were up nearly 5% in premarket trading. If gains hold, the ...

Group 1: Market Performance - Asian stocks rose broadly, driven by Nvidia's strong third-quarter earnings and optimistic fourth-quarter forecast regarding the AI cycle [1] - Japanese stocks ended a four-session losing streak, with the Nikkei average rising 2.65 percent to 49,823.94, supported by a weaker yen and a potential stimulus package of 21.3 trillion yen ($135.38 billion) [3][4] - The Kospi average in South Korea jumped 1.92 percent to 4,004.85, with major tech stocks like Samsung Electronics and SK Hynix contributing to the gains [5] Group 2: Sector Movements - Technology stocks led the rally in Japan, with companies like SoftBank Group, Tokyo Electron, and Fujikura gaining between 2-6 percent [4] - In Australia, banks, miners, and gold stocks were the primary drivers of a broad-based market rally, with the S&P/ASX 200 rising 1.24 percent [5] - U.S. stocks fluctuated but ended higher, with the Nasdaq Composite gaining 0.6 percent, influenced by Nvidia's quarterly results [6][7] Group 3: Economic Indicators - The dollar strengthened due to reduced expectations for rate cuts and anticipation of the delayed September U.S. jobs report [1] - The People's Bank of China maintained key lending rates for the sixth consecutive month, contributing to a 0.40 percent drop in the Shanghai Composite index [2]

By Rashika Singh, Rae Wee and Shashwat Chauhan (Reuters) -U.S. technology stocks failed to hold on their initial gains on Thursday, as a rally driven by Nvidia ran out of steam with concerns of lofty valuations in the technology space coming back to ​the fore. Nvidia's shares were last down 2.2% after surging 5% earlier in the day when its stellar results tempered some concerns over ‌a potential AI bubble, although questions about the payoff from the massive spending boom remain. The global bullish spir ...

Corporate News and Industry Trends - Nvidia reported a 62% year-on-year revenue increase, reaching $57.01 billion in Q3, and projected $65 billion in revenue for Q4, boosting confidence in the AI sector and alleviating concerns about an AI bubble [2][8] - LG Electronics signed a Wi-Fi patent licensing agreement with Amazon, enhancing both companies' positions in the connected device ecosystem [9] - GS Caltex opened a new palm oil refinery in Indonesia with a production capacity of 500,000 metric tons annually, aiming to secure a stable supply chain for bio raw materials [10] - Krafton is involved in a legal dispute with former leaders of its subsidiary Unknown Worlds over allegations of pressure tactics to delay the release of Subnautica 2, which has been pushed to 2026 [11] - China's rare earth magnet exports in October highlighted the global reliance on China, with Germany, the U.S., South Korea, Vietnam, and India as top destinations [12]

Core Insights - The company is experiencing unprecedented demand for its Blackwell GPUs, with sales described as "off the charts" and a forecast of $500 billion for growth potential [1][2][3] - The supply chain is robust, with strong partnerships with major manufacturers like TSMC and memory partners such as SK Hynix, Micron, and Samsung, ensuring a well-planned supply chain for upcoming products [3][4][5] Product Development - The Vera Rubin chip development is progressing well, with around 20,000 engineers working on bringing it from silicon to systems, indicating a strong commitment to innovation and product readiness [5][6] - The company is on track to deliver Vera Rubin by Q3 of next year, maintaining an annual product release cycle, which is expected to be a significant success [6][8] Market Dynamics - The Chinese market is currently forecasted to contribute zero revenue due to regulatory challenges, but the company remains committed to re-engaging with this important market in the future [10][12][13] - The U.S. Commerce Department has allowed the export of Blackwell chips to specific markets, indicating a cautious but strategic approach to international sales [14][15] Energy and Infrastructure - The company is growing at a rate of 60% annually, which presents challenges in energy sourcing and infrastructure development, necessitating collaboration with energy providers to ensure readiness for market deployment [16][17] - The extensive network of partnerships across various cloud service providers positions the company advantageously to meet diverse energy needs globally [18] AI and Market Demand - There is exponential growth in compute demand driven by AI applications, with significant partnerships with companies like Anthropic, indicating a strong market presence and future growth potential [25][22][23] - The company is focused on disciplined investment and build-out strategies to support the rapid scaling of AI technologies, ensuring alignment with market demand and financing capabilities [21][22]

Goldman Sachs analysts projected that ASML Holdings‘ (NASDAQ:ASML) revenue could more than double its 2030 expectations, driven by the escalating demand for extreme ultraviolet radiation (EUV), a critical component of AI infrastructure.EUV Lead Makes ASML Key To AI ChipsThe analysts said ASML is the sole company capable of producing EUV equipment at scale. This technology is essential for the production of cost-effective advanced memory chips, a vital requirement for the processing and storage of complex AI ...

Core Insights - Nvidia's decision to integrate smartphone-style LPDDR memory chips into its AI servers could lead to a potential doubling of server memory prices by the end of 2026 [1][3]. Market Demand and Supply Chain Impact - The shift to LPDDR memory chips is expected to create a surge in demand that the current supply chain may struggle to accommodate, as noted by Counterpoint Research [2]. - The global shortage of legacy memory chips, coupled with manufacturers prioritizing AI-ready components, could exacerbate supply chain constraints [3]. - Counterpoint Research anticipates that the transition to LPDDR could push server memory chip prices to double by late 2026 [3]. Price Trends and Market Dynamics - A projected 2x increase in DRAM module prices for DDR5 64GB RDIMM is expected from Q1 2025 to the end of 2026 under a highly constrained scenario [4]. - The semiconductor industry is facing significant disruptions due to rising demand for AI-related chips, with Samsung Electronics increasing memory chip prices by up to 60% in September, leading to a global shortage [4]. Supplier Responses and Market Conditions - SK Hynix, a key supplier to Nvidia, has sold out its chip supply for 2026 and is planning to increase investments in response to the AI boom [5]. - The demand for AI-related chips has initiated a "super cycle" in the memory chip industry, resulting in record profits for major suppliers like SK Hynix [5]. Nvidia's Market Position - Nvidia is ranked in the 98th percentile for growth and the 3rd percentile for value, indicating a mixed performance profile [6]. - Nvidia's stock has increased by 31.13% year-to-date, although it experienced a decline of 2.81% to close at $181.36 recently [6].

Asian stocks ended mostly lower on Wednesday, failing to hold onto early gains after a three-day sell-off as investors awaited Nvidia earnings, the release of minutes from the Federal Open Market Committee meeting held on October 28-, and the delayed September jobs report. The dollar index managed to hold ground amid fading hopes of Federal Reserve interest-rate cuts. Gold ticked higher as risk-off mood in financial helped buoy safe-haven demand for the precious metal. Oil prices fell on oversupply worries ...

Market Overview - Wall Street experienced a decline, with the S&P 500 falling 0.3%, the Dow Jones Industrial Average dropping 361 points, and the Nasdaq composite declining 0.6% [6] - The downturn was influenced by a fresh slide in major technology stocks, particularly Nvidia, which has seen its shares fall 8.6% this month [6] Company Performance - Home Depot reported summer-quarter profits below expectations, attributing the shortfall to fewer major storms, anxious consumers, and a slowdown in the housing market, leading to a 3.1% drop in its shares and a cut in its fiscal 2025 adjusted earnings guidance [4][6] - Nvidia's shares slipped another 1.1% ahead of its earnings announcement, following a 1.9% decline on Monday [4][6] - Other chipmakers, including Micron, Intel, and Qualcomm, experienced losses between 1% and 2% [4][6] - Microsoft and Amazon also saw declines of 1.5% and 1.8%, respectively [6] Global Market Impact - European and Asian markets followed Wall Street lower, with major indices in Germany, France, and the UK down 1.4% by midday [5][6] - In Asia, Japan's Nikkei 225 slumped 3.2%, with significant losses in chip-related companies like Tokyo Electron and Advantest [5][6] - The Kospi in Seoul tumbled 3.3%, with Samsung Electronics and SK Hynix losing 2.8% and 5.9%, respectively [5][6] - Taiwan's Taiex fell 2.5%, while Hong Kong's Hang Seng index dropped 1.7% [5][6] Economic Indicators - Investors are preparing for delayed US employment data, which is expected to influence the Federal Reserve's next interest rate move [5][6] - The Fed has indicated that a strong jobs report could delay further rate cuts, while weak numbers may raise concerns about economic momentum [5][6] - Japan's 30-year government bond yield surged to 3.31% amid plans for higher government spending [5][6] Commodity Market - Bitcoin extended its recent declines, slipping another 1% to around $91,360, its lowest level since April [5][6] - Gold eased slightly to $4,039 an ounce, while US benchmark crude held steady just under $60 a barrel [5][6]

Micron ( MU ) is among the top three major DRAM manufacturers in the world, coming next to Samsung Electronics ( OTCPK:SSNLF ) and SK Hynix. The DRAM market is characterized by regular boom and bustI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My investment horizon ranges from a quart ...