To The Moon

Last Friday, shares of $Serve Robotics Inc.(SERV)$ , an AI-powered autonomous delivery robot company, soared 187%, and continued to climb 16.2% on Monday, resulting in a whopping 233% surge over two trading days. The rocket fuel? $NVIDIA Corp(NVDA)$ revealed it had acquired a 10% stake (3,727,033 shares) in SERV. The company made its $NASDAQ(.IXIC)$ debut on April 18, 2024, at $4 per share, with 37.1 million shares out standing. Prior to NVIDIA′ s disclosure on Thursday, the stock was trading at $2.63. By Monday's close, it had skyrocketed to $8.77. Before this, SERV traded on the OTCQB Venture Market.What does SERV do?Originally spun off from food delivery gian

$Microsoft(MSFT)$ , while no longer the world's largest company, remains synonymous with success. Over recent years, it's almost always been a great time to buy into this tech giant.Business-wise, Microsoft continues to thrive and expand at an impressive pace. Sounds like a dream come true, right? But there's a catch: Microsoft's stock price is just too darn expensive!Microsoft's Performance "Excel"The company's fiscal Q3 2024 earnings (ending March 31) boasted robust growth across all three business segments. The Intelligent Cloud (Azure cloud services) led the charge with a 21% jump in revenue to $26.7 billion, fueled by the AI hype. The More Personal Computing division (games, hardware), buoyed by the Activision Blizzard acquisition, finally sa

$NXP Semiconductors NV(NXPI)$ suffered a big tumble yesterday after releasing its Q2 earnings, and the auto chip sector took a chill!The chipmaker's shares plunged 7.76% in after-hours trading following the announcement.1.Revenue and ProfitIts Q2 revenue was $31.27 billion, down 5.2% year-on-year, the steepest drop in four years!However, Q2 revenue slightly exceeded management's midpoint guidance and analyst expectations. Profit-wise, the quarter's gross margin stood at 57.3%, also surpassing both management's forecast and analyst expectations.2. Q3 GuidanceHowever, the stock plunged due to weaker-than-expected third-quarter guidance. NXP expects Q3 revenue between $3.15 billion and $3.35 billion, below analysts' $3.35 billion estimate. Projected

US semiconductor stocks tracked by the iShares Semiconductor ETF $iShares Semiconductor ETF(SOXX)$ took a beating last week. But Bank of America's crunching of historical data says buying the dip could be smart before year-end.Vivek Arya, a senior analyst at $Bank of America(BAC)$ Securities, warned investors in a report late Wednesday to focus on fundamentals amidst the doubts.With President Biden considering stricter trade restrictions on semiconductor equipment and former President Trump hinting Taiwan should pay for US protection, geopolitical jitters sent global semiconductor stocks plunging by about 6.8% on Wednesday.Amid earnings season and election uncertainty, BoA noted market volatility might sti

Jim Covello, $Goldman Sachs(GS)$ ' "Best Analyst," recently declared that he's convinced the AI bubble will burst, and the reckoning is inevitable. He said it might not be this year or even next, but it's coming. In his view, corporations splashing billions on AI won't spark the next economic revolution – not even close to what smartphones and the internet did. When that reality sinks in, all those AI-fueled stock rallies will tank. "Most tech transformations, especially game-changers, replace expensive solutions with cheap ones," said Covello, renowned for his tech sector insights at Goldman Sachs. "Replacing jobs with super expensive tech is the opposite."Covello's leading a small but growing chorus of skeptics who reject the notion that big langu

The world is captivated by AI 1.0, exemplified by AI software and chatbots like ChatGPT. These technologies have swept the globe and continue to sizzle, yet the industry's heavyweights are already casting their gaze on AI 2.0—the next frontier of wealth boom: humanoid robots.To strike gold in the stock market, you can't just fixate on today's hottest trends, like AI 1.0. You've got to anticipate the next big thing, such as AI 2.0.Some might dismiss AI-powered humanoid robots as mere concepts from science fiction, but to the world's top AI innovators, they represent the untapped blue ocean of AI. And they're pouring in billions to make it a reality. For example, Musk, CEO of $Tesla Motors(TSLA)$ , believed that AI 2.0 could make the company worth $

Just now, the lithography giant $ASML Holding NV(ASML)$ released its Q2 earnings, a mixed bag indeed!ASML Q3 Guidance MissesLet's dive in: Q2 revenue hit €6.24 billion, down 9.5% YoY but still surpassed management's guidance of €6.2 billion and analysts' forecast of €6 billion.Gross margin was 51.5% in the second quarter, topping both management's 51% guidance and analysts' estimate of 50.6%.And new orders? A whopping €5.57 billion, far exceeding analysts' prediction of €4.41 billion.However, ASML's Q3 guidance fell flat. Expected revenue ranges from €6.7 billion to €7.3 billion, missing analysts' mark of €7.46 billion.As results, ASML's share price plunged 3.48% in the evening trading of Tiger Securities:The takeaway from ASML's Q2 Firstly, the Q

Earlier this year, $NVIDIA Corp(NVDA)$ disclosed in its 13F filing that as of December 31, 2023, it had invested in five AI companies: $SoundHound AI Inc(SOUN)$ $ARM Holdings Ltd(ARM)$ $Recursion Pharmaceuticals, Inc.(RXRX)$ $Nano-X Imaging Ltd.(NNOX)$ $TuSimple Holdings Inc.(TSPH)$.Here's a detailed analysis of these five companies' investment specifics and their stock performance since disclosure: *TuSimple delisted from NASDAQ in January 2024 and moved to over-the-counter tradingDiverse Risks and ReturnsAmong these AI companies, Sound

After a three-month hiatus, $Advanced Micro Devices(AMD)$ is back on the rise, outpacing $NVIDIA Corp(NVDA)$ 's 8.5% gain with a whopping 16.6% surge in the last six trading days. $Intel(INTC)$ , another chip giant, has also been soaring, shaking off its earlier doldrums.AMD, Intel and NVIDIA are the three major GPU giants, but NVIDIA has soared since the AI era dawned, leaving AMD's gains looking modest despite nearing all-time highs.Lagging behind in the competition!So far this year, AMD rose only 24.8%, while Nvidia was as high as 172%, a huge contrast, as an AI backward stock, AMD has no chance to copy the glory of Nvidia?The answer is yes, but the surge won't

$Taiwan Semiconductor Manufacturing(TSM)$ just announced their June sales figures: a whopping NT $207.87 billion, up 32.9% from last year.In the April-June period, TSMC's sales totaled NT $673.5 billion, up 40% from a year earlier and exceeding analyst expectations of NT $651.77 billion:After this bombshell, TSMC's stock shot up nearly 3% in after-hours trading at Tiger Securities.Mark your calendars for July 18th (next Thursday), folks! TSMC will release their Q2 earnings report before the U.S. market opens. When more detailed financial data and performance guidance will be announced, is expected to have a greater impact on TSMC and semiconductor future trends.TSMC, the global largest chip-making giant, practically owns the AI chip market with the