Top 20 U.S. Stocks by Trading Volume on Dec 6: NVIDIA Highlights Indirect Customer Base Among AI Model Developers

Deep News05:53

1. **NVIDIA** (NVDA) closed down 0.53% with $25.9 billion in trading volume. Earlier this week, CFO Colette Kress noted that most AI model developers remain indirect customers, accessing NVIDIA products via cloud service providers (CSPs). She emphasized that over 50% of NVIDIA’s quarterly revenue consistently comes from major CSPs. Kress added that hyperscalers invest in computing resources for internal use or to transition to accelerated computing, while model developers must assess profitability, funding, and future compute needs. NVIDIA is planning capacity to meet demand through 2026.

2. **Tesla** (TSLA) edged up 0.10% with $25.5 billion in volume. CEO Elon Musk confirmed that its Full Self-Driving (FSD) system now allows texting during autonomous operation, part of a recent update. Musk clarified the feature’s usability depends on traffic conditions.

3. **Meta Platforms** (META) rose 1.80% with $14.1 billion in volume. Analysts reacted positively to reports of potential budget cuts (up to 30%) in its metaverse division, viewing it as a sign of financial discipline. The stock gained 5% on Thursday following the news.

4. **Netflix** (NFLX) fell 2.89% with $13.1 billion in volume. The streaming giant finalized a deal to acquire Warner Bros. Discovery’s (WBD) film/TV studios (including HBO) for $72 billion in equity value ($82.7 billion enterprise value). The transaction, structured as cash and stock ($27.75 per WBD share), awaits WBD’s planned spin-off of its streaming/studio and global networks units by Q3 2026.

7. **Broadcom** (AVGO) climbed 2.42% with $9.1 billion in volume after Oppenheimer raised its target price to $435 from $400.

11. **Palantir** (PLTR) gained 2.16% with $5.7 billion in volume, extending its weekly rally to 7.9%.

13. **Warner Bros. Discovery** (WBD) surged 6.28% with $5.0 billion in volume, marking an eighth consecutive weekly gain (+8.67%).

15. **Micron** (MU) jumped 4.66% with $4.9 billion in volume. The company announced it will phase out its Crucial consumer memory business by February 2026, halting global retail and e-commerce sales thereafter.

17. **Salesforce** (CRM) rose 5.30% with $4.1 billion in volume after declaring a $0.416 quarterly dividend per share.

20. **Taiwan Semiconductor** (TSM) added 0.61% with $3.0 billion in volume. U.S. Commerce Secretary stated TSMC plans to expand U.S. investments, aligning with goals to onshore semiconductor and pharmaceutical supply chains.

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