NVIDIA, ranked first in Thursday's U.S. stock trading volume, closed down 1.33%, with a turnover of $34.781 billion. The stock has declined for five consecutive trading sessions, accumulating a drop of 10.72%.
NVIDIA has postponed the launch of its new gaming chip due to a chip shortage. According to two informed sources, impacted by the ongoing global shortage of memory chips fueled by the artificial intelligence boom, NVIDIA will not release a new graphics chip for gamers this year.
This marks the first time in three decades that NVIDIA has not launched a new gaming graphics processor.
One of the sources indicated that, affected by the memory chip shortage, NVIDIA is also significantly reducing production of its current-generation gaming chips—the NVIDIA GeForce RTX 50 series graphics cards. Over the past year, supply shortages have led to price increases for NVIDIA's new gaming graphics cards at major retailers and e-commerce platforms.
An NVIDIA spokesperson stated in a declaration: "Demand for GeForce RTX series graphics cards remains strong, but there are constraints on memory chip supply." The spokesperson did not comment on the chip launch delay and added that NVIDIA continues to deliver all GeForce series products and is working closely with suppliers to maximize memory chip supply.
Alphabet, ranked second, closed down 0.54%, with a turnover of $28.189 billion. Google's parent company, Alphabet, reported that its fourth-quarter and full-year revenue and profit for 2025 exceeded expectations, but it forecasted capital expenditures for 2026 to be between $175 billion and $185 billion. This total expenditure surpasses the company's combined spending over the previous three years and is nearly double the $91.4 billion spent in 2025.
The company's management stated during an earnings call that the surge in cloud business is primarily driven by increased demand for enterprise AI infrastructure, enterprise AI solutions, and core Google Cloud Platform products.
Tesla, ranked third, closed down 2.17%, with a turnover of $28.123 billion. The U.S. Senate held a hearing on autonomous driving, during which lawmakers questioned Tesla's Full Self-Driving system for its lack of lidar and geofencing.
Additionally, in response to media reports suggesting a Starlink phone might be in development, Elon Musk posted on X platform on Thursday: "We are not developing a phone." Earlier reports had suggested that SpaceX planned to create a mobile device connected to Starlink, potentially competing with smartphones.
Microsoft, ranked fourth, closed down 4.95%, with a turnover of $26.032 billion. Financial services firm Stifel Financial Corporation lowered Microsoft's target stock price from $540 per share to $392 and downgraded its rating from Buy to Hold.
The institution noted in a research report that supply issues for Azure (Microsoft's cloud service) are evident, and coupled with strong performance from Google Cloud Platform's Gemini and ongoing momentum in Anthropic's business, it is difficult for Azure's business to achieve accelerated growth in the short term.
Amazon.com, ranked fifth, closed down 4.42%, with a turnover of $20.26 billion. Amazon anticipates its capital expenditure for this year will reach $200 billion, far exceeding market expectations.
Like other large tech companies, Amazon is expected to undertake significant capital expenditures in 2026. These latest indications suggest that U.S. tech firms are not slowing their substantial artificial intelligence investments in the near term.
Amazon stated that it expects capital expenditure across the entire Amazon system to be approximately $200 billion in 2026. According to data compiled by LSEG, previous market expectations were $144.67 billion.
Apple, ranked seventh, closed down 0.21%, with a turnover of $14.402 billion. The European Commission stated that Apple Ads and Apple Maps should not fall under the regulatory scope of the Digital Markets Act (DMA). The reasoning given was that Apple Maps has relatively low usage rates in the EU, and Apple Ads holds a limited share of the EU's online advertising market.
The European Commission declared in a statement on Thursday: "The Commission has determined that Apple does not qualify as a 'gatekeeper' for its Apple Ads and Apple Maps businesses. This is because neither platform service constitutes a significant gateway for business users to reach end users."
Broadcom, ranked tenth, closed up 0.80%, with a turnover of $13.392 billion. Google's parent company, Alphabet, expects its capital expenditure for the year to reach as high as $185 billion, significantly above the $119.5 billion analysts had previously forecast.
Substantial capital from Alphabet is expected to flow to several partner companies, bringing developmental benefits, and the market anticipates Broadcom will be one of the beneficiaries.
Palantir, ranked eleventh, closed down 6.83%, with a turnover of $12.028 billion. The stock has fallen nearly 30% year-to-date.
AMD, ranked twelfth, closed down 3.84%, with a turnover of $11.927 billion. The stock continued its sharp decline from Wednesday. Despite exceeding earnings expectations, the company's first-quarter guidance fell short of heightened AI expectations, leading to a 17.3% drop in AMD's share price on Wednesday. The company's CEO, Lisa Su, described 2026 as a "transition year" for the volume ramp-up of next-generation data center GPUs.
Eli Lilly, ranked fourteenth, closed down 7.79%, with a turnover of $7.897 billion. Online telehealth company Hims & Hers announced it will launch a new version of a generic Wegovy, priced at just $49, significantly lower than the $149 price of Novo-Nordisk A/S's branded drug.
Following the announcement, shares of both Novo-Nordisk A/S and its main competitor Eli Lilly fell, while Hims & Hers' stock price surged.
MicroStrategy, ranked fifteenth, closed down 17.12%, with a turnover of $6.348 billion. The cryptocurrency sector saw broad declines in U.S. stocks on Thursday, as Bitcoin fell below $63,000, down 14.19% for the day.
MicroStrategy reported after Thursday's close a net loss of $12.4 billion for Q4 of fiscal year 2025, compared to a net loss of $670.8 million in the same period last year. The company holds 713,502 Bitcoins, with a total value of $54.26 billion.
Coinbase Global, Inc., ranked nineteenth, closed down 13.34%, with a turnover of $4.433 billion.
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