$NVDA

Japan's Nikkei index fell 3,318 points, its worst drop in history, as investors sold AI and semiconductor-related stocks. The selloff was driven by concerns over AI companies' debt levels and U.S. inflation data. CoreWeave's bond struggles and potential Fed rate hikes added to market pressure. Key Japanese tech firms like Advantest, SoftBank, and Kioxia saw significant declines.

Microsoft, Alphabet, Amazon, and Meta have increased their capital spending outlooks, with combined plans exceeding $700B for 2026. Nvidia (NVDA), Broadcom (AVGO), and Marvell (MRVL) are key suppliers to these tech giants, with Nvidia reporting strong data center revenue growth and Broadcom seeing significant AI chip revenue increases. Marvell's data center business is also accelerating, but its stock is trading at a higher valuation.

Documents reveal $588M in donations for Trump’s ballroom, with $333M from private donors and $77M from anonymous sources. Nvidia, Amazon, Microsoft, and others contributed. Nvidia’s $25M donation was requested to be anonymous. The funds are routed through a nonprofit, raising concerns about influence and transparency.

Anthropic, an AI company, announced partnerships with nonprofits METR and SecureBio to assess its safety practices. METR, a third-tier evaluator, will have extensive access to Anthropic's resources, while SecureBio, a first-tier evaluator, has limited access. The company also plans to collaborate with Hugging Face and Accenture. Anthropic aims to embed independent evaluators to verify its adherence to safety standards, following a proposal by its CEO, Dario Amodei.

Chip stocks, including Nvidia (NVDA), AMD, Sandisk (SNDK), Micron (MU), SK Hynix (SKHY), and TSMC (TSM), trimmed losses Thursday amid AI financing concerns and broader market sell-offs. CoreWeave (CRWV), backed by Nvidia, erased earlier losses after Nvidia's CEO expressed optimism. Investors rotated into defensive sectors and Treasurys, pushing long-dated yields lower.

Taiwan Semiconductor Manufacturing Co. (TSMC) reported better-than-expected Q3 results with $46.36B revenue, driven by AI and auto chips. Despite this, shares dropped 2% amid a broader AI sector selloff. TSMC's 3nm process accounted for 33% of sales, and it announced progress on its Arizona fab. The company plans to increase capital expenditures to support growth initiatives, including its 2nm and upcoming 1.6nm processes.

U.S. stock indexes showed modest gains on Wednesday, with the Dow Jones up 1.1%, S&P 500 up 0.3%, and Nasdaq up 0.08%. Treasury yields declined despite higher-than-expected PPI data, suggesting inflation may have peaked. Taiwan Semiconductor reported strong earnings and raised guidance. Nike led the Dow with a 5.3% gain, while CoreWeave rallied 5.9% after an analyst reiterated a Buy rating.

Micron (MU) and NVIDIA (NVDA) reported strong earnings driven by AI demand. Micron's Q4 2026 revenue was $54.23B, up from $11.32B YoY, with guidance of $61.5B for Q1 2027. NVIDIA's Q2 2027 revenue was $96B, up 106% YoY, with guidance of $108B for Q3 2027. Both companies show strong margins and growth, but Micron's lower valuation and financial leverage make it more attractive, according to Zacks Investment Research.

NVIDIA's RTX 5090 GPU has reportedly been removed from the company's official Marketplace, fueling speculation of its discontinuation. According to Reddit reports, the RTX 5090 is no longer listed among selectable models, following earlier claims of halted production and retailers pulling stock. NVIDIA has not officially confirmed the discontinuation, but the RTX 5090 remains on the company's product page.

NVIDIA launched RTX Spark for Windows PCs, targeting creators, gamers, and AI users. The system supports local AI workflows, gaming, and creative applications. Third-party reviews highlighted its performance and compatibility. NVIDIA aims to expand its reach into consumer PCs, emphasizing local AI processing. The launch includes global events and a social media campaign. According to reviews, the device excels in AI and creative tasks but may not be the best for gaming.