Nvidia CEO, Qualcomm outlook, Roblox strength: Trending Tickers

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It’s now time for some of today’s trending tickers. This morning, we’re watching Nvidia, Qualcomm, and Roblox. First up, Nvidia shares jumping today. They’re up a little over 4% last time I was able to check. This comes after CEO Jensen Huang urged the Trump administration to reconsider US rules for exporting AI chips worldwide. Speaking yesterday at a meeting of business leaders at the White House, Huang warned that China is right behind us when it comes to developing AI chips. He also touted Nvidia’s pledge to commit $500 billion to produce chips in the United States, calling on President Trump to increase energy supply to meet the increased AI-related electricity demands. Of course, this move, in part, because of the increased capex listed by both Meta and Microsoft off the back of their earnings. Moving on though to Qualcomm. The shares are moving to the downside this morning after the company issued a slightly weaker than expected revenue forecast. The guidance renewing concerns that demand for Qualcomm’s chips, which are used in most smartphones, will be lower due to tariffs. Despite those concerns, Qualcomm’s chief executive saying it has yet to see any direct impact from the tariffs. And Roblox raising its full year booking estimates expecting in-game spending to hold up despite macroeconomic concerns. The company now expecting its annual booking revenue to be between 5.29 billion and 5.36 billion. In the first quarter, the company’s daily active users jumped 26% to an all-time high of 98.7 million. Gaming keeping up even amid economic uncertainty.