PLUS - Who are Nvidiaâs New Silent Partners? September 01, 2024 | [Read Online]( [Unsubscribe]( Market Week: âï¸ Good morning and happy holiday weekend. Hereâs a peek at the [earnings]( weâre watching this week, and a look ahead at the [economic calendar](. And in case you missed these, here are the top five most-read headlines from last week, according to Market Briefing readers: - Analyst resets Nvidia stock price target before earnings ([more]() - The end of fabulous money market rates is near ([read]() - Warning signs flash in a labor survey as Fed officials watch for weakness ([read]() - Fed minutes show a cut âlikelyâ to come in September ([read]() - Kamala Harris adopts populist economic agenda in effort to beat Trump ([read]() With the market is closed tomorrow, expect your next full briefing on Tuesday, 9/3 at 7:00 AM ET. But first, a message from Weiss Research â â â A message from our sponsor, Weiss Research â Who are Nvidiaâs New Silent Partners? Dear Reader, Nvidia recently became the [most valuable company in the world]([.]( And Goldman Sachs called it: âThe most important stock on planet earth.â Carson Group strategist Ryan Detrick remarked that: âFew things are more certain than death, taxes, and Nvidiaâ¦â You see, Nvidia is one of the only companies capable of making chips powerful enough for the most advanced AI applications. These chips propel ChatGPT, Microsoft, Google, Amazon and pretty much everyone else involved in AI. Without Nvidia, we wouldnât be where we are with AI. Itâs that simple. But Nvidia canât do everything by itself. What most people donât know is that it takes a village to create enough of the most powerful chips in the world. Nvidia must rely on a small handful of publicly traded stocks. What I call Nvidiaâs âSilent Partners.â Nvidia needs these companies throughout the chip production process. These are under the radar companies very few people have heard of. But they have one massive thing working in their favor. In the background, they are critical to Nvidiaâs business. And as Nvidia has emerged as AIâs golden goose⦠These firms have benefited greatly. Some of the companies partnering with Nvidia have already seen big winsâ¦Â Like ASML, whose shares have been up as much as 471% ⦠And Applied Materials, whose stock has soared as much as 452% ⦠Thereâs also Super Micro Computer. Its stock has surged as much as 3,244%. And then thereâs Taiwan Semiconductor ⦠Nvidiaâs longtime partner has seen shares of its stock explode as much as 4,744%. But hereâs the thing ⦠Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry⦠again. And itâs enlisting [a whole]([new set]([of partners]([.]( The names of these companies are not well-known. Even the savviest of investors may not have heard of them. But I have a list of Nvidiaâs new Silent Partners. [Click here to learn more]([.]( Sincerely, Eliza Lasky
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