On December 1, the US stock market opened with a slap in the face, with all three major indices opening lower. The Dow fell by 0.63%, the S&P 500 dropped by 0.6%, and the Nasdaq was even worse, plummeting by 0.85%.
However, there are two highlights in the chip sector. Synopsys surged directly by 6.5%, due to NVIDIA's massive investment of 2 billion USD—this move is quite hardcore. On the other hand, Wolfspeed also did not back down, soaring nearly 8%, as they received almost 700 million USD in cash tax rebates; the arrival of real cash is impressive.
The overall market is weak, but individual stock stories continue to unfold.
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StrawberryIce
· 10h ago
NVIDIA's recent move is really amazing, they just dumped 2 billion into Synopsys and it's directly going to da moon, there's still a story to tell in the chip sector.
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WalletDoomsDay
· 10h ago
NVIDIA is up to something again, this 2 billion investment is great, the chip sector still relies on them to survive.
NVIDIA really is the stabilizing force, even when the market falls sharply, it still relies on the chip stocks to hold up the scene.
Wolfspeed’s 700 million tax rebate is also quite nice, I just love to see such genuine monetary operations.
With NVIDIA and tax rebates, how come these project parties are so good at sucking blood?
Is the chip rotation starting? However, the market's situation is still a bit precarious.
Synopsys directly at 6.5%, forget it, let's just focus on DCA, can't outplay the institutions.
Although the market is struggling, watching this wave of chip momentum is indeed comfortable.
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BlockchainWorker
· 10h ago
NVIDIA's recent investment will indeed have an impact, Synopsys is directly To da moon, the chip industry still has potential.
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ChainComedian
· 10h ago
NVIDIA's investment operation is really amazing, directly pumping Synopsys up. But to be honest, the market is so weak that it makes me a bit anxious.
U.S. stocks opened lower with all three major indices falling, as Nvidia invests $2 billion in Synopsys, igniting chip stocks.
On December 1, the US stock market opened with a slap in the face, with all three major indices opening lower. The Dow fell by 0.63%, the S&P 500 dropped by 0.6%, and the Nasdaq was even worse, plummeting by 0.85%.
However, there are two highlights in the chip sector. Synopsys surged directly by 6.5%, due to NVIDIA's massive investment of 2 billion USD—this move is quite hardcore. On the other hand, Wolfspeed also did not back down, soaring nearly 8%, as they received almost 700 million USD in cash tax rebates; the arrival of real cash is impressive.
The overall market is weak, but individual stock stories continue to unfold.