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

The bank recommended that investors in Chinese securities prioritize protective instruments

"We consider the truce fragile": Morgan Stanley described scenarios for a US trade war with the PRC

Tom Lee, co-founder of research firm Fundstrat Global Advisors and chairman of BitMine Immersion Technologies, known for his optimistic forecasts, <a href="https://www.marketwatch.com/story/wall-streets-biggest-bull-reveals-what-investors-got-wrong-this-year-and-whats-ahead-for-stocks-and-crypto-e7fd79bc?mod=newsviewer_click_seemore">told</a> MarketWatch in an interview where he thinks investors have been wrong this year.

Wall Street's top "bull" named investors' biggest mistake in 2025 

Intel Corporation

Chinese authorities have invested at least $100 billion in data center construction since 2021

China has banned AI chips from overseas in state-supported data centers. Who will suffer?

According to the US president, the entire volume will be reserved for US customers

Trump says Nvidia won't ship top AI chips to other countries

Having levied import duties against each other in April, the U.S. and China then twice postponed escalation in the trade war. After six months of negotiations, the two heads of state, Donald Trump and Xi Jinping, met on October 30 and announced a trade truce for another year. In the case of other countries, Trump managed to secure significant concessions. But Beijing took a tough stance and did not back down from it. It identified the weaknesses of its and the U.S. economies in advance and skillfully exploited them.

Seven long years of preparation: how China has built a defense in its trade war with the U.S. 

MP Materials Corp.

USA Rare Earth, Inc.

Ramaco Resources, Inc.

U.S. President Donald Trump said on October 30 that China agreed to lift restrictions on rare earth metals exports for a year. Because of Washington's trade war with Beijing, shares of some companies mining and producing rare earth metals have risen 300-800% since the beginning of the year. The escalation has made the industry a strategic priority for the U.S., and new projects are receiving political and financial support. How to capitalize on this?

1000% growth: rare earth metals are the new oil

Nvidia's most powerful chips were not discussed at the meeting between the heads of the US and China, contrary to expectations

Trump agreed to cut duties on imports from China from 57% to 47%

Hanwha Ocean Co., Ltd.

Hyundai Motor Company

Kia Corporation

Wall Street analysts recommend buying the securities of these companies

Shares of auto companies and shipbuilders in Korea soared in trading. They were backed by Trump

Alphabet Inc.

Meta Platforms, Inc.

Microsoft Corporation

China and the U.S. have agreed on a trade deal that includes a reduction in some duties. Alphabet reported record revenue of $102.4 billion and Google Cloud division grew 34%, becoming the main beneficiary of the AI boom. The IPO of ChatGPT chatbot developer OpenAI could take place in 2026 and bring its valuation to $1 trillion. These and other topics are covered in our review of key events for the morning of October 30.

Highlights for the morning: Alphabet and Microsoft records, US-China deal, OpenAI IPO

The company's shares jumped by 8.5% in over-the-counter trading 

'It's a super-duper chip': Trump to discuss Nvidia's latest AI chip deliveries with China's head of state

Gold's rise to $5,000 an ounce is more likely than a return to $3,000, analysts say

Trade war