Baidu, Inc.

China is experiencing an explosive growth of interest in AI chipmakers - after a historic 500% surge in Moore Threads' "Chinese Nvidia" shares, Baidu is preparing Kunlunxin for an IPO in Hong Kong with a valuation of almost $3 billion, intensifying the race for technological autonomy against the backdrop of U.S. export restrictions. U.S. Treasury debt surpassed $30 trillion for the first time. These and other topics are covered in our review of key events for the morning of December 5.

Morning highlights: China's Nvidia rally, India cuts rate, US drowning in debt

NVIDIA Corporation

Advanced Micro Devices, Inc.

Earlier this week, Nvidia achieved a "lobbying victory" by avoiding another bill to tighten the terms of chip shipments to the PRC

Senators determined to stop Trump from easing rules on Nvidia's AI chip exports to China

Alphabet Inc.

Broadcom Inc.

According to DA Davidson, the company could take up to 20% of the AI chip market in a matter of years

Google's AI chips could be its $900 billion 'secret ingredient' - Bloomberg

ASML Holding N.V.

Bank of America reiterated a "buy" recommendation for semiconductor equipment maker ASML and called it its top pick in the chip sector and a key favorite for 2026, CNBC <a href="https://www.cnbc.com/2025/12/03/bank-of-america-says-asml-is-its-top-semiconductor-stock-pick-heading-into-2026.html">writes</a>.

BofA expects ASML stock to rise 20%. Why did he call it a favorite for 2026?

November collapse of AMD quotations is considered unfair by TD Cowen investment bank analysts

Analyst calls rival Nvidia the best bet in the chip sector - after a 16% slump

Marvell Technology, Inc.

Chatbot creator Claude Anthropic is preparing for one of the largest IPOs. Marvell buys Celestial AI startup Silver hit an all-time high on expectations of a Fed rate cut and growing supply shortages. Read more - in our review of key events for the morning of December 3.

Highlights for the morning: Anthropic IPO, Marvell's big deal and silver records

Chimpaker shares are trading at a multiple at the local lows of October 2023 and July 2022

Nvidia's valuation is near the lows. BofA sees this as a growth opportunity

Entergy Corporation

Lattice Semiconductor Corporation

Signet Jewelers Limited

Lincoln Electric Holdings, Inc.

They include a chipmaker, a nuclear-plant operator, a welding-equipment supplier, and a jewelry chain

Jefferies picks four cheap SMID-cap stocks likely to outperform next year

Taiwan Semiconductor Manufacturing Company Limited

Intel Corporation

Leading Chinese companies - Alibaba and ByteDance - are training their artificial intelligence models abroad to gain access to Nvidia chips, Financial Times sources claim. One of China's largest developers, Vanke, has requested a delay in payments, causing its bonds to collapse and alarm across the sector. On these and other topics - in our review of key events by the morning of November 27.

Highlights for the morning: Canada's duties, Intel and TSMC squabble, China finds its way to Nvidia chips

Despite a failed November, no analysts on Wall Street are advising selling AMD stock

Shares of chief rival Nvidia are having their worst month in three years. What's an investor to do?

Alphabet - Google's parent company - promoting its own AI chips could deprive Nvidia of up to 10% of its annual revenue

Nvidia shares fell 7% after news of Meta's plans to buy chips from Google

PTC Therapeutics, Inc.

Strategy Inc

Sandisk Corporation

Quotes of chipmaker SanDisk <a href="https://finance.yahoo.com/quote/SNDK/">jumped</a>&nbsp;in extended trading yesterday, November 24, and early today, November 25. The rally followed <a href="https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20251124-1480959/1480959_ipg-pinc-hbi-56.pdf">news</a>&nbsp;that the company will leave the S&amp;P SmallCap 600 index on Friday, November 28, to join the S&amp;P 500. SanDisk received an independent listing only in February. Since then, its shares have risen more than 500%, with its market capitalization approaching $33.3 billion. This is why investment bank Stephens <a href="https://www.marketwatch.com/story/the-s-p-500s-next-addition-could-be-this-red-hot-tech-stock-e8374457?mod=home_lead">calls</a>&nbsp;it an “elephant” in the small-cap index.

Chips