Top 20 in US Stock Trading Volume: Super Micro Computer rose nearly 8%, and its stock price has doubled so far this month.
Magical Investor
February 19, 2025
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On Wednesday, Tesla, ranking first in US stock trading volume, closed 1.82% higher, with a trading volume of $24.075 billion. It is reported that Tesla has selected the locations for two showrooms in India and plans to open large showrooms in New Delhi and Mumbai. Previously, Indian Prime Minister Narendra Modi met with Tesla CEO Elon Musk in the United States. The company has also posted various job openings in India, including engineering positions.
US President Donald Trump said in a news interview program aired on Tuesday local time that it would be "unfair" to the United States if Tesla built a factory in India to avoid the country's tariffs. Previously, some Indian media reported that Tesla had selected a site in India to plan the construction of a factory.
During Indian Prime Minister Narendra Modi's visit to the United States last week, Trump criticized India for imposing high tariffs on cars but agreed to strive to reach a trade agreement as soon as possible to resolve the deadlock between the two sides on the tariff issue. "Now, if he builds a factory in India, that's okay, but it's unfair to us. It's very unfair," Trump said in the interview.
Nvidia, ranking second, closed 0.12% lower, with a trading volume of $23.146 billion. There is news that due to the demand for the data center GB200 chip being lower than Nvidia's forecast, Taiwan Semiconductor Manufacturing Company (TSMC) will use its excess 4nm wafer production capacity to produce the RTX 5090 consumer-grade GB202 chip.
Super Micro Computer, ranking third, closed 7.97% higher, with a trading volume of $20.273 billion. The stock has risen by more than 110% so far this month. Currently, there are less than a week left until the deadline for Super Micro Computer to submit its 2024 annual report and the quarterly reports for September and December 2024 on February 25.
A Seeking Alpha analyst said: "The company's management has clearly assured investors that they will complete the delayed report submission before the deadline of February 25, 2025. There have been no changes to the previously announced financial data either. I think this removes the potential pressure on the stock. It seems wise to buy before February 25.
The analyst added: "I am optimistic about the company's future revenue prospects, thanks to the management's revenue guidance of $40 billion for the fiscal year 2026, which means a year-on-year growth of nearly 65% compared to the expected data for the fiscal year 2025."
The market generally expects that if Super Micro Computer can effectively solve its accounting problems, with the growth of demand for artificial intelligence data centers, the company is expected to achieve significant growth.
Palantir, ranking fourth, closed 10.08% lower, with a trading volume of $16.084 billion. Last week, a congressional transaction form submitted by Marjorie Taylor Greene, a member of the US House of Representatives from Georgia, disclosed that she bought stocks of several companies, including Palantir and Apple.
Meta Platforms, ranking fifth, closed 1.76% lower, with a trading volume of $12.257 billion. Local time on Tuesday, Meta Platforms announced that it will hold its first LlamaCon, a developer conference specifically for generative artificial intelligence, on April 29 this year. The name of the conference comes from Meta's open-source AI model series, Llama. The company announced that it will share the latest developments in open-source AI at the conference at the end of April to help developers build "amazing applications and products." In the coming weeks, the company will also release more information related to LlamaCon.
MicroStrategy, ranking ninth, closed 4.58% lower, with a trading volume of $5.319 billion. The company said on Tuesday that as of the end of December 2024, the company had a total of 1,534 employees, a decrease of 400 compared to 2023, a decrease of 20.7%. The company pointed out that the R&D department had the most layoffs, involving a reduction of 144 job positions.
Hims & Hers Health, ranking 11th, closed 17.50% higher, with a trading volume of $4.071 billion. The company announced on Wednesday that it plans to introduce home laboratory testing. Analysts have made positive comments on this news.
Intel, ranking 12th, closed 6.10% lower, with a trading volume of $3.861 billion. It is reported that private equity giant Silver Lake is in in-depth negotiations with Intel about acquiring its programmable chip division, Altera.
Altera is a company specializing in System on a Programmable Chip (SOPC). It was acquired by Intel for a huge sum of $16.7 billion in 2015. This system can integrate different functional electronic components, such as processors, memories, input/output interfaces, etc., on a single chip, and can also be programmed to achieve different functions according to people's needs.
In addition, according to informed sources, both Broadcom and TSMC are paying attention to the potential transaction that may split Intel into two parts. Broadcom's target is Intel's chip design and marketing business. It has informally discussed a potential bid with its advisors but may only make a bid after finding a partner for Intel's manufacturing business. Currently, Broadcom has not submitted any documents to Intel.
TSMC is said to have been studying the possibility of controlling part or all of Intel's chip factories, potentially as part of an investor consortium or other structure. Previously, a report from US financial services firm Baird said that the US government may be involved in a plan involving Intel and TSMC.
Eli Lilly, ranking 16th, closed 1.15% higher, with a trading volume of $2.778 billion.
#$Tesla Inc. Common Stock(TSLA)#$Nvidia Corp(NVDA)#$Super Micro Computer Inc. Common Stock(SMCI)#$Palantir Technologies Inc. Class A Common Stock(PLTR)#$Meta Platforms Inc. Class A Common Stock(META)#$MicroStrategy Inc(MSTR)#$Hims & Hers Health Inc.(HIMS)#$Intel Corp(INTC)#$Eli Lilly & Co.(LLY)#$Arista Networks(ANET)