00:00 Speaker A
It’s now time for some of today’s trending tickers. You can scan the QR code, but we’re watching Nvidia, Taiwan Semiconductor, and Capital One. First up, Nvidia, under pressure today as Chinese tech company Huawei, they are reportedly announcing some plans to begin mass shipments of its advanced AI chip to Chinese customers as early as next month. According to the report from Reuters, some shipments have already been made as Chinese AI companies look for domestic alternatives to Nvidia chips that now require an export license.
00:45 Speaker B
And next up, Taiwan Semiconductor, warning of the challenges of export control compliance. The chipmaker saying it has limited visibility into the downstream use of its semiconductors. This coming months after KSMC chip was found in a restricted Huawei Technologies processor.
01:07 Speaker A
Finally, Capital One’s acquisition of Discover getting the green light from bank regulators. The planned $35 billion merger was the first announced in February of last year. And guess what, the deal will create the nation’s biggest credit card issuer by loan volume. It’s expected to close in May.
01:34 Speaker B
You can scan the QR code that was on your screen to check the best and worst performing stocks with Yahoo Finance’s trending tickers page. There it is.