Only one of the 30 Philadelphia Semiconductor Index components closed in the green on Monday.
That was $NVDA .
The index rose 6.9% that day, its biggest one-day gain since late July. AMD rose 13.26%, Broadcom 8.78%, and Micron gained more than 6%. Nvidia itself fell 4.27%, closing at 178.67 on volume of 455 million shares—about 3.7 times its average daily volume over the past three months. WC, that’s some volume.
We all saw the reason: the board launched an independent investigation into Jensen Huang. The company says there’s currently no reason to believe any sensitive information was leaked, but the market doesn’t care about that. Huang himself is part of Nvidia’s valuation, and CEO risk is the kind of thing you can’t put into a model. The easiest thing to do is sell first and ask questions later.
So the money was still in AI that day—it just switched vehicles. It moved out of Nvidia and into AMD, Broadcom, and optical communications. Coherent was up 16.8% in a single day.
There was also one name in crypto that got left out in the cold. The Nasdaq rose 2.74%, BTC barely moved, while MSTR actually fell 2.6%, closing at 125.59.
There’s one week left until the 11/17 earnings report. If the investigation still hasn’t been resolved by then, the first question analysts ask on the call probably won’t have much to do with chips.
#英伟达 #美股 #比特币 $NVDA $BTC
That was $NVDA .
The index rose 6.9% that day, its biggest one-day gain since late July. AMD rose 13.26%, Broadcom 8.78%, and Micron gained more than 6%. Nvidia itself fell 4.27%, closing at 178.67 on volume of 455 million shares—about 3.7 times its average daily volume over the past three months. WC, that’s some volume.
We all saw the reason: the board launched an independent investigation into Jensen Huang. The company says there’s currently no reason to believe any sensitive information was leaked, but the market doesn’t care about that. Huang himself is part of Nvidia’s valuation, and CEO risk is the kind of thing you can’t put into a model. The easiest thing to do is sell first and ask questions later.
So the money was still in AI that day—it just switched vehicles. It moved out of Nvidia and into AMD, Broadcom, and optical communications. Coherent was up 16.8% in a single day.
There was also one name in crypto that got left out in the cold. The Nasdaq rose 2.74%, BTC barely moved, while MSTR actually fell 2.6%, closing at 125.59.
There’s one week left until the 11/17 earnings report. If the investigation still hasn’t been resolved by then, the first question analysts ask on the call probably won’t have much to do with chips.
#英伟达 #美股 #比特币 $NVDA $BTC