Nvidia CEO: Chip Orders Surge Despite Market Drop

Key Takeaways

• <ul><li>S&P 500 ended a 53-session calm streak, falling 1.1% — the longest stretch without a 1% drop since January 2020.</li><li>South Korea's KOSPI plunged up to 8%, triggering circuit breakers, while Japan's Nikkei 225 fell nearly 5%.</li><li>CoreWeave shares dropped over 15% and its bonds fell below 80 cents amid debt and rate concerns.</li><li>Nvidia CEO Jensen Huang said customers place new chip orders almost daily, though supply is constrained by power and data center limitations.</li><li>TSMC posted record quarterly profit of NT$763 billion, up 69% year over year, with revenue up 50%.</li><li>Anthropic reported 45% quarterly revenue growth to $16.8 billion, though growth rate is slowing.</li><li>Samsung Electronics fell over 9%, and SK Hynix and Kioxia each dropped more than 11%.</li><li>Apple was the only Mag Seven stock to rise, gaining 0.5% during the sell-off.</li><li>Opsin raised $21 million for its AI agent security platform, finding 93% of misaligned tools had unrestricted system access.</li><li>Meta faces a lawsuit from Dutch group Offlimits over its AI glasses and alleged privacy violations.</li></ul>

Nasdaq futures fall over 1% as AI stock selloff spreads

Nasdaq futures dropped more than 1% on Thursday as the AI stock sell-off deepened. Fears grew that higher interest rates will make it harder for companies to fund AI investments. TSMC, the world's largest advanced chip maker, struck a cautious tone for 2027 despite reporting another record quarterly profit. CoreWeave and Oracle saw continued pressure after major losses the day before. Nvidia, Micron and AMD also extended losses.

Tech market sell-off spreads globally on inflation and AI debt fears

A global tech market sell-off deepened after US inflation data came in hotter than expected, sparking fears of Federal Reserve rate hikes. South Korea's Kospi 200 fell 8%, triggering circuit breakers. Chipmakers Samsung and SoftBank plunged sharply. The IMF warned that an AI correction could have global consequences, with Asian markets most exposed. European and US stock futures also pointed to losses.

Asian markets tumble as AI trades crumble after hot US CPI data

Asian stocks sold off on Thursday as faster-than-expected US consumer price inflation raised expectations for Federal Reserve action. MSCI's Asia-Pacific index fell 3.3%, led by an 8% plunge in South Korea's KOSPI. The Nikkei 225 dropped 4.8%. Samsung Electronics fell 9.3%, and memory chipmakers SK Hynix and Kioxia each plummeted over 11%. SoftBank lost 9.4%. However, some strategists noted volumes were light and October is typically volatile.

AI stocks hit again as inflation and rate worries grip markets

AI stocks took another beating on Wall Street amid worries about inflation and potential interest rate hikes. The S&P 500 fell 0.5% and the Nasdaq dropped 1.2%, while Nvidia fell 3.2% and AMD lost 5.4%. South Korea's Kospi sank 7.6%, and Samsung Electronics slid 9.5%. Japan's Nikkei 225 tumbled 4.9%. Higher bond yields have made borrowing more expensive, pressuring companies that need cash for data centers and AI chips.

AI jitters shake markets; Anthropic revenue jump reported

S&P and Nasdaq futures pointed lower as jitters around the AI trade and higher-for-longer interest rates weighed on markets. CoreWeave shares slid over 15% after the Fed rate hike outlook spooked investors. Anthropic reportedly told investors its third-quarter revenue rose 45% to $16.8 billion, though growth was slowing. TSMC posted a record profit of NT$763 billion, up 69% year over year, with revenue up 50%. The US producer price report was expected later.

Wall Street steadies after global AI stock drops

Wall Street rose Thursday as most stocks climbed, even though AI stocks kept swinging sharply. The S&P 500 rose 0.2% and the Dow gained 508 points, but the Nasdaq fell 0.2% due to AI losses. A sell-off that started Wednesday hit South Korea's Kospi down 7.6% and Japan's Nikkei down 4.9%. Worries grew about AI companies carrying heavy debt loads as bond yields hit high levels.

S&P 500 ends longest calm streak since 2020

The S&P 500 fell 1.1%, ending a 53-session streak without a 1% drop, the longest since January 2020. Fears about the AI trade and a report showing fast consumer price growth pushed markets lower. Computer-driven funds that had been buying stocks were caught off guard by the sudden volatility. Semiconductor stocks fell for a sixth straight day, dropping nearly 12%. The Nasdaq 100 plunged 2% in its worst day since July.

US stock futures fall on AI valuation worries

US stock futures moved lower Thursday as concerns about AI valuations and higher interest rates weighed on investors. Dow Jones futures rose slightly while S&P 500 and Nasdaq futures fell. Anthropic reported 45% quarterly revenue growth to about $16.8 billion. TSMC posted record profit as AI chip demand stayed strong. CoreWeave shares dropped over 15% as investors worried about debt-funded expansion in the AI industry.

Asian markets sell off after hot US inflation data

Asian markets fell Thursday after US consumer price inflation rose faster than expected in September. South Korea's KOSPI plunged 5.6% while Japan's Nikkei 225 dropped 1.3%. The S&P 500 fell 1.1% and the Nasdaq Composite tumbled 1.9% on Wednesday. Investors now expect the Federal Reserve may raise interest rates as soon as later this month. AI stocks like Oracle and CoreWeave were hit hard by higher borrowing costs.

S&P 500 calm streak ends as AI trade sinks

The S&P 500 dropped 1.1%, breaking its 53-session streak without a 1% decline, the longest since January 2020. Consumer prices rose 0.6% in September, the fastest since April, fueling expectations for more Fed rate hikes. CoreWeave's bonds fell below 80 cents on the dollar, signaling financial strain, and its shares sank 15%. The Nasdaq 100 plunged 2% and the Magnificent Seven Index lost a similar amount. Apple was the only Mag Seven stock to rise, gaining 0.5%.

Global markets fall as AI stock concerns and rate fears grow

Global equity markets edged lower on Thursday due to worries about AI spending and possible higher US interest rates. South Korea's KOSPI dropped nearly 8% and Japan's Nikkei 225 fell almost 5%. The Nasdaq Composite fell 0.23% and the Philadelphia Semiconductor Index dropped 2%. Investors are questioning whether current AI infrastructure investment levels can be sustained. Higher borrowing costs are making capital-intensive technology projects more expensive to finance.

AI security requires better visibility into SaaS environments

AI agents are now part of everyday SaaS workflows, creating new security challenges for teams. Security teams need visibility into which data agents use, whose permissions they operate under, and what actions they can take. AI agents can operate through non-human identities or delegated user access, expanding the SaaS attack surface. Core security principles like visibility, least privilege, Zero Trust, and continuous monitoring still apply but need additional protections for AI behavior. Organizations should start by inventorying sensitive data and consequential actions taken by AI agents.

Opsin raises $21 million for AI agent security platform

Opsin raised $21 million in funding led by SYN Ventures and Race Capital to expand its AI governance and security platform. The company found that 93% of misaligned tools connected to AI agents had full unrestricted access to systems, while only one in 200 required human approval. Opsin provides centralized visibility over agents across platforms including Microsoft Copilot, Claude, ChatGPT Enterprise, and Gemini. The company serves nearly 20 enterprise customers in healthcare, financial services, manufacturing, and other regulated industries.

Opsin secures $21M to expand AI agent security platform

Opsin raised $21 million led by SYN Ventures and Race Capital to expand its platform for monitoring and securing autonomous AI agents. The company serves nearly 20 enterprise customers including Culligan, Barry-Wehmiller, Wellstar Health System, and UiPath. Opsin's platform helps security teams identify AI agents across corporate systems and detect dangerous behavior before it becomes a security incident. Research from Opsin showed 93% of misaligned tools connected to agents had unrestricted system access and only one in 200 required human approval before taking action. The company was founded by James Pham, Oz Wasserman, and Jeremy Mailen.

Jensen Huang says Nvidia keeps receiving new chip orders

Nvidia CEO Jensen Huang said customers keep ordering more AI chips than the company can supply, with new orders arriving almost daily. Major cloud providers, AI cloud operators, and equipment manufacturers have placed substantial orders, with customers forecasting demand at least a year ahead. However, Nvidia is allocating less capacity than customers want due to electricity shortages, unfinished data centers, and manufacturing component limitations. Nvidia owns approximately 10% of CoreWeave, which reported a $104 billion revenue backlog at the end of June. Huang estimated frontier AI laboratories account for roughly 25% to 30% of Nvidia's computing activity.

Nvidia's Jensen Huang says chip orders keep coming despite stock drop

Nvidia CEO Jensen Huang says customers are placing new chip orders almost daily. Major cloud providers and AI labs have already committed to large purchases. Huang says people misunderstand how much revenue AI companies need to succeed. Nvidia still faces limits from electricity shortages and unfinished data centers.

Meta refuses to stop selling AI glasses as Dutch group plans legal action

A Dutch group called Offlimits is preparing a lawsuit against Meta over its AI glasses. The group says the glasses record people without their consent. Meta's Alex Himmel defends the front-facing light as a warning that the camera is on. Legal arguments focus on privacy law and whether Meta is responsible for how the recordings are used.

Ways to earn money with AI over the next five years

People can use AI to earn money through freelancing, online courses, content creation and consulting. AI tools can help build websites, write articles, create social media content and design products. Experts also suggest making paid courses or helping businesses adopt AI tools. Building skills with tools like ChatGPT and Gemini is recommended before choosing a path.

Derek Yan says AI investment cycle is not slowing down

Derek Yan, Senior Investment Strategist at KraneShares, discusses the future of AI investment. He talks about TSMC's strong earnings and continued demand for AI infrastructure. The discussion also covers chip capacity expansion, market volatility and investment opportunities in the AI sector.

AI stocks lose 80 billion dollars in one day amid demand fears

AI stocks fell sharply, with memory companies like Micron hit hard. Concerns over AI demand, rising interest rates and slower revenue growth from Anthropic drove the selloff. Smaller AI firms and neoclouds face the biggest risks from higher rates. Some analysts see the correction as a chance to buy quality names like TSMC.

SOXX vs SMH ETFs Face Risk from CoreWeave Debt Crisis

CoreWeave's debt problems have caused concern for two semiconductor ETFs. SMH is more exposed because Nvidia makes up about 20.04% of that fund. SOXX is more diversified across chip companies. The worry is that higher borrowing costs could slow AI infrastructure spending and hurt chip stocks. Investors are watching to see if this is an isolated problem or a bigger trend.

New Orleans Committee Discusses AI Use in City Planning

The Municipal Complex Advisory Committee met to discuss how AI could affect planning for a new City Hall and government buildings. Albert Glee from San Jose shared how tools like Claude and ChatGPT help government workers stay efficient and avoid burnout. Committee members raised concerns about remote work, job losses, and office space needs. New Orleans currently uses AI sparingly, such as an Triage tool for 911 calls. No final decisions have been made on how AI will shape building plans.

SAT-RL Framework Trains Language Models for Logical Reasoning

Researchers developed SAT-RL, a reinforcement learning framework that teaches large language models to use symbolic solvers like Z3. The approach combines synthetic data, supervised warm-up, and tool-aware rewards to improve reasoning. It addresses the problem of LLMs struggling with complex logic tasks as difficulty increases. Experiments showed better performance on both in-domain and out-of-domain logic tasks. The code is available publicly.

Sources

• Nasdaq futures dive 1% as AI rout deepens on debt concerns
• Tech market sell-off deepens amid fears over US inflation and AI debt
• Asian markets sell off as AI trades crumble after hot US CPI data
• AI stocks are taking a beating amid inflation, interest rate worries
• AI jitters in focus; Anthropic’s reported revenue jump
• Wall Street steadies following jarring drops for AI stocks worldwide
• S&P 500 ends longest streak of calm since 2020 as AI trade sinks
• US Stock Futures Fall as AI Valuation Concerns Offset Anthropic Revenue Growth and TSMC Record Profit: Dow Jones, S&P, Nasdaq, Wall Street
• Asian markets sell off as AI trades crumble after hot US CPI data
• S&P 500 ends longest streak of calm since 2020 as AI trade sinks
• LIVE : Why are artificial intelligence stocks falling?
• AI Security Starts with Visibility Into Your SaaS Environment
• Opsin Raises $21 Million Led By SYN Ventures And Race Capital For AI Agent Security
• Opsin Raises $21M Led by SYN Ventures and Race Capital to Expand AI Agent Security Platform
• Jensen Huang Says Nvidia Orders Keep Coming ‘Almost Daily’
• AI Stocks Plunge, but Jensen Huang Says Nvidia Gets New Chip Orders Almost Daily
• Meta Refuses to Stop Selling AI Glasses. Dutch Group Is Preparing a Lawsuit.
• How to make money using AI in the next 5 years: See freelancing, online courses, content creation and consulting options
• Derek Yan: The AI investment cycle is far from slowing down
• $80 Billion Gone From AI In A Single Day: Brace Yourself, It's Not Over
• SOXX vs. SMH: Which ETF Is More Exposed to CoreWeave’s Debt Crisis?
• AI discussed as factor in city planning for municipal complex
• SAT-RL: Training Language Models for Logical Reasoning with Symbolic Solvers