Live from the NASDAQ market site in the heart of New York City's Times Square, this is Fast Money.

Here's what's on tap tonight.

America or the mainland, after big moves in U.S. and China Tech, which group is a better bet?

Heading into Q4, would-you-rather battle royale coming up.

Plus, a brokerage boom, shares of Robin Hood hitting fresh record highs and climbing more than 400% over the past year,

where one Wall Street analyst sees that stock heading next.

And later, sofas and streamers have the latest tariff threats are hitting furniture stocks and even Netflix.

Gold's rally keeps shining and the options action on Nike ahead of its results.

I'm Melissa Lee. Come to you live from the studio, be at the NASDAQ on the desk tonight. Steve Grasso, Karen Feinerman, Courtney Garcia, and Guy Adami. We start off with big moves and big tech here at home and halfway around the world. Invidia, Micron and AMD among the biggest winners in the chip space as the AI RIPP tries to get back on track. Data storage names like Sandisk, Western Digital, Seagate surging today, too.

Meanwhile, China's AI stocks have been on quite a tear this year.

The K-Web jumping more than 2% today and nearly 45% since January,

led by Alibaba, Baidu, JD, and more.

Year-to-date, the K-Wb has more than doubled up the triple Q.

So as we start to get ready for the Q4, we want to know it's kind of an unconventional start to the show.

But we will ask, would you rather be in U.S. tech or China Tech over the next six months?

Guy down.

Wow, this is a first on fast money. It's unprecedented. Can you answer the question? You need time. You stall it. You stalling. No, no, I'm thinking, China. Yeah, absolutely. Well, I still think it's undervalued. I think valuations are so compelling. I mean, you mentioned Kweb.. Throw up a K-Web chart over the last six years or so, and you'll see. Yeah, we've had a

bearish to bullish reversal, but we're nowhere near where we were at its peak. Not suggesting we're getting there, but you know, you look at these U.S. tech names, all most of them, at least, we talk about extended valuations. These stocks have been under the, they've been in the penalty

box for quite some time.

They're just getting out now and valuation is still compelling.

So Chinese stocks, Malm's.

We see a Chinese government very supportive of its own tech industry at this point, as

...