Top 20 in US stock trading volume: Apple's A20 Chip May Adopt TSMC's 2nm Process
Tesla ranked first, closing 3.55% lower with a trading volume of $32.432 billion. According to data from the China Passenger Car Association, Tesla's sales of made-in-China electric vehicles fell 15% year-on-year in May, totaling 61,662 units.
The statistics cover domestic sales and exports of Model 3 and Model Y produced at the Shanghai Gigafactory. This marks the eighth consecutive month of year-on-year sales decline for Tesla in the world's largest auto market.
However, compared with April, the delivery volume of its domestic Model 3/Y increased by 5.5% month-on-month.
Notably, Tesla's sales slump in most parts of Europe continues.
NVIDIA ranked second, closing 0.50% higher with a trading volume of $23.144 billion. As of Wednesday's close, NVIDIA's market capitalization was $3,462.848 billion, continuing to hold the position of the world's most valuable company.
On Wednesday, it was reported that AI infrastructure provider CoreWeave, in collaboration with NVIDIA and IBM, has just delivered the largest-scale MLPerf Training v5.0 test results in MLPerf history, and also the MLPerf benchmark test results using the most NVIDIA GB200 superchips.
CoreWeave claims that 2,496 NVIDIA GB200 Grace Blackwell superchips were used in this test in collaboration with NVIDIA and IBM, running on CoreWeave's AI-optimized cloud platform, highlighting the scale of CoreWeave's cloud platform and its readiness for today's demanding AI workloads.
CoreWeave said that the test formed the largest NVIDIA GB200 NVL72 cluster in MLPerf benchmark testing to date, a scale 34 times larger than the only previous result submitted by a cloud service provider.
Palantir ranked third, closing 2.37% lower with a trading volume of $12.465 billion.
Meta Platforms ranked fourth, closing 3.16% higher with a trading volume of $9.548 billion. Meta Platforms announced a 20-year power purchase agreement with Constellation Energy, the largest conventional nuclear power operator in the United States. Meta will purchase nuclear power from the Clinton Clean Energy Center in Illinois starting June 2027.
This is Meta's first long-term nuclear energy procurement agreement, aimed at providing clean and stable power support for the development of its AI technologies and the continuous operation of data centers across the United States.
CoreWeave ranked sixth, closing 8.39% higher, hitting a new all-time high in share price, with a trading volume of $8.548 billion. The stock has risen by more than 300% so far this year.
CrowdStrike ranked eighth, closing 5.77% lower with a trading volume of $7.068 billion. The company's quarterly revenue guidance fell short of market expectations. The security software maker expects revenue for the current quarter to be between $1.14 billion and $1.15 billion, below the $1.16 billion expected by analysts surveyed by LSEG.
The company expects adjusted earnings per share of $0.82-0.84, slightly higher than LSEG's forecast of $0.81.
Microsoft ranked ninth, closing 0.19% higher with a trading volume of $6.48 billion. Microsoft announced that it will provide a free cybersecurity program to European governments to strengthen the fight against cyber threats, including those involving artificial intelligence (AI).
Microsoft President Brad Smith said: "If we can bring the protection technologies developed in the United States to Europe, it will help strengthen the cybersecurity protection of more European institutions." He also noted that other measures will be rolled out later this month.
Google Class A shares ranked 11th, closing 1.13% higher with a trading volume of $4.478 billion. Google has temporarily suspended the phased launch of the "Ask Photos" feature driven by the Gemini AI model in the Google Photos app. The feature is designed to solve common-sense problems through natural language queries but has been criticized for delays, quality issues, and subpar user experience.
HIMS ranked 14th, closing 2.05% lower with a trading volume of $3.308 billion. The company recently announced the expansion of its European business through the acquisition of ZAVA, a London-based digital health platform. The specific amount of the all-cash transaction was not disclosed.
Hims & Hers said the acquisition will expand its market presence in the UK and help the company enter the German, French, and Irish markets, "with more European countries expected to be expanded soon." Founder and CEO Andrew Dudum said: "With ZAVA's established European business layout, cutting-edge technology, and deep customer insights, we will revolutionize the way millions of people in Europe access healthcare."
TSMC ranked 18th, closing 2.42% higher with a trading volume of $2.679 billion. It was reported on Wednesday that Apple (202.82, -0.45, -0.22%)'s A20 chip may adopt TSMC's 2nm process, with a yield rate far exceeding expectations.
Industry chain analyst Jeff Pu said in a report that the iPhone 18 Pro series and foldable models (tentatively named iPhone 18 Fold) will be equipped with a significantly upgraded A20 chip, which will not only achieve a breakthrough in process technology but also bring key architectural innovations.
Applied Digital ranked 19th, closing 29.27% higher with a trading volume of $2.623 billion. The stock has risen by more than 90% in the past three trading days. On the news front, the company announced on Monday that it has signed two 15-year lease agreements with CoreWeave, a professional cloud service provider supported by NVIDIA, which will bring approximately $7 billion in revenue to the data center operator during the lease period.
Applied Digital CEO said: "These lease agreements consolidate Applied Digital's position as an emerging provider of critical infrastructure for the next generation of artificial intelligence and high-performance computing. Through the new long-term lease agreements with CoreWeave, we have taken a step in our strategic expansion into advanced computing infrastructure."