AMD is back in the spotlight. After a sharp sell-off across AI and semiconductor stocks, Advanced Micro Devices (NASDAQ: AMD) has staged a powerful rebound, raising a question for investors: Is this simply a technical recovery, or the beginning of a broader rotation in the AI chip market? AMD's rebound from its recent low has been particularly impressive. But the distinction between a five-day return and a low-to-close recovery matters when assessing the strength of the move.

The revelation follows an earlier controversy involving Huang's relationship with a businesswoman reportedly under scrutiny over suspected ties to Chinese intelligence. Nvidia's board has already launched an independent investigation into the matter.

The latest data show divergent positioning across markets. Nasdaq 100 put open interest is growing faster in nearby expiries. WTI’s December options show growth in both calls and puts, while gold’s call additions are concentrated in longer-dated contracts. Adjustments across strikes and expiration months define this update.

$NVIDIA(NVDA)$ Stock Performance: During regular trading on November 11, NVIDIA (NVDA) rose 2.87%, closing at $173.73. However, after reports of a potential leadership shake-up emerged, the stock plunged 8.61% in after-hours trading to $158.78.

According to recent ETF flow data, semiconductor funds saw approximately $5.17 billion in outflows, while $Invesco QQQ(QQQ)$ and $iShares Core S&P 500 ETF(IVV)$ attracted a combined $4.58 billion. Fixed-income ETFs also drew nearly $1.8 billion.

$Taiwan Semiconductor Manufacturing(TSM)$reported October revenue of NT$586.89 billion on the same day, up 14.7 per cent month on month and 59.7 per cent year on year. That provides actual revenue evidence for foundry demand, but one month's figures cannot establish AI-related profitability. The companies face different tests: Nvidia needs to resolve governance concerns, while TSMC must show that growth can keep translating into profit.

Nebius reports in the US pre-market on 12 November. The calendar shows expected revenue of approximately $930 million and a loss of $0.70 a share. CoreWeave's results suggest looking beyond contract size to available computing capacity, project delivery, cash consumption and subsequent revenue guidance. A peer's growth offers a comparison, not proof of Nebius's operating performance.

The presence of three power-related companies suggests that investors continue to recognize electricity supply as a critical constraint on AI expansion.

U.S. stocks rebounded on November 9, with QQQ up 3.54% and the S&P 500 up 2.35%. After a stronger-than-expected October jobs report, the next inflation reading was shaping up as a test for the rebound and for tech valuations.

Tesla's decision to extend Cybertruck production until late summer 2027 raises a bigger question for investors: Is Elon Musk prioritizing a struggling vehicle program at the expense of Tesla's AI and autonomous driving ambitions? The short answer: Limited direct impact, but potentially significant strategic implications.

Another Nvidia-backed AI infrastructure company, Nebius is expanding its data center network to meet growing demand for GPU computing power. Bloomberg consensus estimates point to $927.9 million in revenue, up 779.2% year over year, alongside an adjusted loss of $1.06 per share and an adjusted net loss of approximately $274 million.

The company reported GAAP operating income of $207 million, compared with $52 million in the same quarter last year. Adjusted operating income reached $379 million, with an adjusted operating margin of 10%. Adjusted EBITDA came in at $2.256 billion, representing a 62% margin.

The biggest market concern is the Fed's December decision. Following the CPI report and hawkish comments from policymakers, markets began pricing in at least a 25-basis-point rate hike in December, while the probability of a larger 50-basis-point increase also attracted attention.

The US$6.98 billion in orders booked through October was about 55% above the US$4.5 billion full-year target. The US$26.3 billion backlog extends to 2030, and the company has delivered 47 of the 58 ships targeted for 2026. The new orders include large LNG dual-fuel container ships.

Singaporeans are personally all-in on AI, enterprises are still climbing the adoption curve, the government is pouring money into infrastructure, and compute demand is exploding.

Lower oil → less inflation pressure → lower rate anxiety → breathing room for growth stocks. But this is still a fragile relief trade. Shipping activity through the Strait of Hormuz remains subdued, and attacks linked to Yemen’s Houthis continue to threaten Saudi oil infrastructure and traffic through the Bab el-Mandeb strait. The pause in fighting has created room for diplomacy, but it has not yet removed the risk of another oil spike.

$易方達A50(03111)$  

May and June, hands down. Sentiment across the market was running really hot, and I had some standout days — over 10% in a single day at one point. That stretch is a big part of why my return is where it is now, just a few months in.

KOSPI valuations, Korea's macro fundamentals, and how open-source AI models are reshaping memory demand — the flow was layered and packed with substance. Ross doesn't dodge the sharp question of "is the AI thesis broken"; instead he unpacks it piece by piece with data, fund flows and industry cycles.

From the recent pullback in Korean and US memory stocks, to the core question of "is this a top, or just halftime in a longer bull market," all the way to the HBM supply gap, KOSPI valuations, Korea's macro fundamentals, and how open-source AI models are reshaping memory demand — the flow was layered and packed with substance