US Stock Fund Activity List | Micron rises nearly 9%, DDR5 spot prices soar 25% this week

On November 6th (Wednesday), Tesla, the top stock by trading volume in the US market, rose by 4.01%, with a trading volume of $38.818 billion. According to media reports, Tesla's sales in India have been disappointing, and the company is currently adjusting its market strategy. It has now hired Sharad Agarwal, the former head of Lamborghini India, to oversee local operations in India. Agarwal will take office this week, with the task of revitalizing Tesla's market advancement plans in India.

Insiders also stated that hiring Agarwal is part of Tesla's strategy to develop a more localized approach for India. Since launching sales in India in mid-July, Tesla India has received orders for over 600 vehicles, a figure that has not met the company's own expectations.

Additionally, reports indicate that Norway's $2 trillion sovereign wealth fund has voted against Elon Musk's nearly $1 trillion compensation proposal for Tesla ahead of this week's shareholder meeting, citing concerns over its size, potential equity dilution, and key person risk.

NVIDIA, ranked second, fell by 1.75%, with a trading volume of $34.003 billion. The stock has declined on 4 out of the past 5 trading days. Reports state that well-known "short seller" Michael Burry has bet over $1 billion against NVIDIA and other tech companies. According to SEC regulatory filings, Burry has spent approximately $1.1 billion buying put options on NVIDIA and software company Palantir.

AMD, ranked fourth, rose by 2.51%, with a trading volume of $16.98 billion. The company exceeded expectations in its third-quarter results and expects fourth-quarter revenue of about $9.6 billion. However, after a significant rise driven by artificial intelligence, high expectations and concerns over profit margins have put pressure on the stock.

Morgan Stanley published a research report indicating that AMD's third-quarter performance was generally in line with expectations, with exceptionally strong gaming business. Additionally, the server market also performed well, with the company continuing to drive growth in the PC sector and expanding its market share in the server market; the embedded business is also experiencing a cyclical recovery, with management clearly stating that this business will see growth next year. In terms of AI, the company's progress is in line with expectations, recovering year-on-year growth in the third quarter after a setback in the first half of the year, although its performance remains relatively subdued compared to peers, with NVIDIA and Broadcom's ASIC business growth rates far exceeding AMD.

Apple, ranked seventh, rose by 0.04%, with a trading volume of $11.776 billion. Apple is reportedly planning to introduce Google AI technology to support a major upgrade of Siri.

Microsoft, ranked eighth, fell by 1.39%, with a trading volume of $11.70348 billion. On Wednesday, Microsoft announced a deepening strategic partnership with UAE technology company G42 as part of Microsoft's $15.2 billion investment plan in the UAE, aiming to accelerate the digital transformation of the UAE.

The two companies stated that they will expand data center capacity by 200 megawatts in the UAE through Khazna Data Centers, a digital infrastructure provider under G42. The project is expected to go live by the end of next year The 11th-ranked Google Class A shares rose by 2.44%, with a trading volume of $8.775 billion. According to informed sources, Apple plans to use an artificial intelligence model developed by Google, which has 1.2 trillion parameters, to support the comprehensive upgrade of its long-promised Siri voice assistant.

Sources who requested anonymity due to the confidential nature of the discussions stated that after a long evaluation, the two companies are finalizing an agreement in which Apple will pay Google approximately $1 billion annually to use the technology.

Apple hopes to leverage Google's capabilities to rebuild the foundational technology of Siri, laying the groundwork for a series of new features to be launched next year. The 1.2 trillion parameters of Google's model far exceed Apple's current model.

The 13th-ranked Micron Technology rose by 8.93%, with a trading volume of $6.707 billion. According to supply chain news, Samsung Electronics has taken the lead in suspending contract quotes for October DDR5 DRAM, prompting other memory manufacturers such as SK Hynix and Micron to follow suit, which will lead to a "supply chain shortage." The expected time for resuming quotes is likely to be delayed until mid-November. Due to Samsung's reluctance to provide contract quotes and directly informing downstream customers that "there is no stock available," the spot price of DDR5 surged by 25% in just one week.

The 20th-ranked Robinhood Securities rose by 4.15%, with a trading volume of $4.52 billion. The company reported net revenue of $1.27 billion for the third quarter, exceeding analysts' expectations of $1.21 billion; third-quarter revenue from cryptocurrency was $268 million, while analysts expected $287.2 million; adjusted EBITDA for the third quarter was $742 million, compared to analysts' expectations of $726.9 million; the third-quarter ARPU (average revenue per user) was $191, while analysts expected $182.