
US Stock Fund Activity List | NVIDIA closed up 5%, market value exceeded $5 trillion; Fiserv plummeted over 40%, company significantly lowered full-year performance guidance

On October 29th (Wednesday) Eastern Time, NVIDIA, the number one in U.S. stock trading volume, rose by 3%, with its stock price reaching a new all-time high. The trading volume was $63.402 billion, and its market capitalization surpassed $5 trillion, making it the first company in the world to reach this milestone. The company's market capitalization exceeded $4 trillion on July 9th of this year. NVIDIA CEO Jensen Huang stated at the GTC conference held in Washington on Tuesday that NVIDIA has released a new system that connects quantum computers with its artificial intelligence chips. This product, named NVQLink, will pave the way for the next generation of supercomputers and help reduce the error rate of quantum bits. Huang also mentioned that NVIDIA has established partnerships with 17 quantum computing companies, all of which can support NVQLink technology. Additionally, he announced that NVIDIA will collaborate with the U.S. Department of Energy to develop seven new generation supercomputers, which will be equipped with NVIDIA AI chips and operated at federal research institutions. Jensen Huang stated, "I don't believe we are in an artificial intelligence bubble." NVIDIA also announced collaborations with several companies, including Stellantis, Lucid Group, Mercedes-Benz, Uber, and Palantir. Tesla, ranked fourth, rose by 0.21%, with a trading volume of $31.159 billion. Tesla will hold its annual shareholder meeting on November 6th to vote on the $1 trillion compensation plan proposed by CEO Elon Musk
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