nvidia

Samsung Electronics will build a second wafer fabrication plant in Taylor, Texas, to produce high bandwidth memory chips for AMD and NVIDIA. The plant is expected to break ground this month, utilizing 2-nanometer process technology, covering approximately 2.7 million square feet, and being 1.5 times the size of the first plant.Equipment installation is expected in February 2029, with mass production starting in 2030.

The spokesperson for the Chinese Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A reporter asked, according to the Financial Times, Nvidia requires some data center partners to provide at least 51% of their services to non-Chinese companies, which may restrict Chinese companies from accessing key artificial intelligence technologies. What is China's response to this?In response, Mao Ning stated that she is not familiar with the specific situation. We have always believed that all parties should cooperate based on the principles of fairness, transparency, and non-discrimination.

According to Bloomberg citing the Financial Times, Nvidia has asked its cloud computing customers to reduce their business exposure to Chinese companies and ensure that at least 51% of service sales are made to companies outside of China.The report cites anonymous sources familiar with the matter stating that Nvidia is a major supplier of chips used to train and run large language models.

Informed sources revealed that Marvell Technology and Lumentum received support from NVIDIA CEO Jensen Huang before finalizing a nearly $103 billion merger deal.The CEOs of Marvell and Lumentum consulted Huang for advice via a call before the announcement of the deal. Helston stated that NVIDIA responded positively, and the acquisition will accelerate the provision of diversified products for them.

Matt Murphy, the CEO of Marvell Technology, stated that this move aims to further increase support for NVIDIA.

According to Gate market data, in pre-market trading of U.S. stocks, some AI concept stocks strengthened, with SpaceX up 3%, NVIDIA up 1.4%, and Micron Technology up 2.6%.

During Halloween, U.S. President Trump stated at a party at Mar-a-Lago in Florida in response to reporters' questions that he is very confident about the midterm elections. He said that America has never been better, having created $25 trillion in wealth since he became president.Regarding the issue with Iran, Trump mentioned that negotiations between the U.S. and Iran are going smoothly, but unfortunately, Iran is not very reliable. He said they always reach an agreement and then backtrack.In addition, Trump also commented on the recent public sentiment surrounding Jensen Huang, the founder of NVIDIA, stating that he believes in Huang and hopes he will be okay. He said that Huang is a great and talented person, and he wants to protect talented individuals, respects him, likes him, and will get to the bottom of it.

According to a report by Financial Associated Press, Apple Inc. will announce its fourth quarter financial report for the fiscal year 2026, ending in September, after the U.S. stock market closes on Monday. Investors will observe the early sales performance of the iPhone 18 Pro based on this report. At the fall launch event on September 10, Apple officially released the iPhone 18 Pro and iPhone 18 Pro Max, with starting prices of 9,999 yuan and 10,999 yuan, respectively. The two models began pre-orders on September 12 and officially went on sale on September 18.Apple's first foldable phone, the iPhone Duo, will start pre-orders on October 16 and officially go on sale on October 23, so it will not be included in the fourth quarter performance. However, the company may still disclose related demand information in the financial report. The conference call following this financial report will also be the first earnings call for the new CEO John Turnas after succeeding Tim Cook.According to a consensus of analysts compiled by the media, Apple's fourth quarter earnings per share are expected to be $2, with revenue expected to be $113.46 billion; in the same period last year, earnings per share were $1.85, and revenue was $102.46 billion. iPhone sales are expected to be $56.48 billion, a year-on-year increase of 15%; service revenue is expected to exceed $31.58 billion, Mac sales are expected to be $9.69 billion, and revenue from wearables and iPads is expected to be $8.99 billion and $6.83 billion, respectively. Last Friday, Apple regained its position as the world's most valuable company, with a market capitalization of $5.03 trillion, while Nvidia's closing market capitalization was $4.93 trillion.

Y Combinator 2026 Fall Batch project RightNow founder Jaber stated on his personal X account on November 2, Beijing time, that last month he was still renting NVIDIA B300 from GPU suppliers at a rate of $7.9 per hour. Currently, suppliers are inviting him to rent at a rate of $4.6 per hour without requiring a usage commitment. He also mentioned that significant changes are coming soon and stated that artificial intelligence previously gave everyone dessert, and now it's time to eat vegetables.

According to crypto journalist Eleanor Terrett, the number of issuers opposing the tokenization of company stocks by OKX in its joint venture project OKXICE with the Intercontinental Exchange (ICE) has increased to 50. The latest companies to join the opposition include Nike, Costco, Micron, Reddit, and Nvidia.It is reported that OKXICE initially planned to tokenize the stocks of 62 listed companies, and currently, 50 companies have expressed opposition, accounting for approximately 80.6% of the total number of companies intended for tokenization.

At SEMICON West 2026 held in San Francisco, USA, NVIDIA showcased the prototype of the next-generation Co-Packaged Optics (CPO) solution, named OOI (Optics-on-Interposer). NVIDIA did not disclose the commercialization timeline for OOI, but industry insiders expect mass production to begin after 2030.

According to Gate market data, Apple's market value reached $5.03 trillion, surpassing Nvidia's $4.93 trillion, becoming the highest-valued publicly traded company in the world. This is the first time Apple has surpassed Nvidia again since the end of July. On that day, Apple's stock price fell by 1.2%, while Nvidia dropped by 4.2%. Since the beginning of this year, Apple's stock price has increased by 27%, while Nvidia has fallen over 10% in the past month.

According to Gate data, on October 30, there was a widespread sell-off in the semiconductor sector during U.S. stock trading. Intel plummeted 30% after the opening, the Philadelphia Semiconductor Index fell 5.7%, AMD dropped about 10%, Arm fell 9.5%, Nvidia decreased by 3.3%, and the total market capitalization fell below $5 trillion. The Nasdaq 100 Index once dropped about 3%, and the S&P 500 Index fell about 1.25%.Intel's fourth-quarter guidance was weaker than expected, with projected revenue of $15 billion to $16 billion, below the market expectation of $17.07 billion; adjusted earnings per share are expected to be $0.25, lower than the expected $0.43. Revenue from the PC chip business in the third quarter declined 5% year-on-year to $8.1 billion. Management expects the PC market slump to last at least until the first half of 2027 and stated that AI demand has driven up memory prices, increasing costs for PC manufacturers.Bank of America downgraded Intel's rating to neutral, lowering the target price to $100, believing that pressure on PCs offsets data center performance and that external foundry attractiveness is insufficient. Bernstein pointed out that the market's optimistic expectations for server and foundry prospects have masked the deterioration in PCs, and the company still faces a mismatch of excess PC capacity and insufficient server capacity. The sell-off spread to storage and equipment stocks, with Micron down 5.5%, Qualcomm down 6.3%, Broadcom down about 4%, Applied Materials down nearly 5%, Lam Research down 5.5%, and Kioxia's American Depositary Shares down about 15%.Amazon's revenue and earnings per share were below expectations, heightening market concerns about the return on AI spending. The company expects capital expenditures to remain at $22 billion this year and still plans to expand next year. Raymond James strategist Matt Orton believes this is not a "reckoning moment" for tech giants, as the underlying fundamentals remain solid, but investors should reassess crowded positions in tech stocks. The S&P 500 energy and healthcare sectors rose about 1.8% and 1.4%, respectively. JPMorgan's trading team stated that concerns about AI monetization are deepening sector rotation, and tech-weighted stocks may continue to drag down the overall market performance in the short term.

On October 30, according to overseas financial news citing regulatory documents, NVIDIA plans to complete a $1 billion investment in the South Korean internet company Naver on November 6, which will make it Naver's third-largest shareholder after the completion. This capital increase occurs after Naver has secured at least $9 billion in investment funds for computing infrastructure. Naver will determine the number of common shares to be allocated to NVIDIA through a rights offering on November 3.In July this year, Naver and NVIDIA announced a strategic partnership aimed at building a large global AI factory. According to Naver's revised third-party rights offering regulatory documents, the payment date for the investment has been adjusted from the original date to November 6, and the new shares are expected to be listed on November 27. After the investment is completed, NVIDIA's shareholding ratio will be approximately 4.54%.As of data from August this year, Naver's largest shareholder is the National Pension Service of Korea, holding 9.49%, and the second-largest shareholder is BlackRock, holding 7.31%. Naver's founder and chairman of the board, Lee Hae-jin, was originally the third-largest shareholder, holding 4.03%, but after the new share issuance, his stake is expected to decrease to about 3.84%. Relevant documents also indicate that NVIDIA's allocated new shares have a one-year sale restriction, with an issue price of 204,500 Korean won per share, and the final number of shares issued will be determined based on the exchange rate on November 3.

According to The Information, NVIDIA is negotiating to provide billions of dollars in credit support to assist a cloud service provider in reaching a $45 billion deal with Anthropic.

NVIDIA CEO Jensen Huang stated that there is nothing unusual about the contact with Megaspeed.

Canadian AI model startup Cohere is undergoing a large-scale financing round, with a valuation reaching 20.5 billion USD.Cohere stated that it has completed the first tranche of this financing round, with the total amount expected to reach up to 5 billion USD. The Canadian government and investors such as Nvidia have committed to funding, with the Canadian government agreeing to invest up to 1.14 billion USD.