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Nvidia CEO Urges US to Lower Barriers to $50 Billion China Arena

Nvidia CEO Urges US to Lower Barriers to $50 Billion China Arena

Bloomberg21-05-2025

Nvidia Corp. chief Jensen Huang called on the US to ease restrictions on the export of AI technology to China, or risk losing out on billions of dollars in revenue to up-and-coming rivals such as Huawei Technologies Co.
Huang echoed warnings from some corners of Washington about the need to propel US AI technology by lowering export barriers intended to curtail the rise of a geopolitical rival. China alone will account for a $50 billion opportunity in 2026, Huang told reporters at Computex in Taipei. If American tech providers like Nvidia aren't allowed in, local customers will just spend that money elsewhere, he said.

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Looking for the perfect Father's Day gift? Leatherman has two perfect products.
Looking for the perfect Father's Day gift? Leatherman has two perfect products.

News24

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  • News24

Looking for the perfect Father's Day gift? Leatherman has two perfect products.

The best tool is something that's small and light enough to be close by when you need it. These two Leathermans will put a sparkle in Dad's eyes. Built tough, sized right The Rebar packs serious capabilities into its slim, 10 cm frame. It weighs less than 190 g but puts 17 essential tools in your pocket, readying you for any task at work or home. That includes: needle-nose pliers, regular pliers, wire cutters, hard-wire cutters, electrical crimper, wire stripper, knife, serrated knife, saw, can opener, bottle opener, wood/metal file, Phillips screwdriver, large and small screwdriver, and a ruler. Its design is classic Leatherman, taking its cues from the original Pocket Survival Tool released in 1983. Rebar features contoured handles for a confident and comfortable grip for security and confidence under demanding conditions. Rebar features all locking tools, so you can apply a lot of pressure, knowing it won't move or fold. Available in Burnt Sienna, and Mossy Slate. Each new Rebar colourway includes a matching nylon sheath. It also has a lanyard ring so that you can take it everywhere with you. The name is Bond . . . Leatherman Bond Inspired by Tim Leatherman's original Pocket Survival Tool, Bond pairs classic design with the tools needed to tackle everyday tasks. At a mere 176 g, this lightweight multi-tool provides 14 essential implements including pliers, a durable 420HC knife blade, and a set of standard screwdrivers. It also has wire cutters, can and bottle opener, and a ruler. All packed into a 10 cm frame (closed length). The Bond's handles are contoured to give you a comfortable grip while using the tools. The colour options add a vibrant Cerakote finish to the handles for increased durability. Cerakote is a thin-film, ceramic-based coating known for its durability, hardness, and scratch resistance. Available in Burnt Sienna, Mossy Slate, and Heathered Cranberry. Each Bond colourway includes a matching nylon sheath. Stainless steel Bond also includes a nylon sheath. For more on these plus other excellent Leatherman products, go to

How SMCI Stock Is Riding Nvidia's Blackwell Wave
How SMCI Stock Is Riding Nvidia's Blackwell Wave

Forbes

time29 minutes ago

  • Forbes

How SMCI Stock Is Riding Nvidia's Blackwell Wave

Super Micro Computer stock (NASDAQ:SMCI) increased by nearly 5% during Friday's trading session and stands approximately 35% higher over the past month. Multiple factors have contributed to the stock's rise in recent weeks, such as significant analyst upgrades and the announcement of a $20 billion partnership with Saudi data center company DataVolt. There has also been speculation regarding a possible short squeeze in SMCI stock. As of May 2025, around 20% of SMCI's outstanding shares were held in short positions. This level of short interest could lead to a short squeeze, compelling short sellers to repurchase shares to cover their positions. Additionally, Nvidia disclosed a solid set of Q1 results last week, which reflects positively on SMCI. Nvidia stated that the rollout of its new Blackwell GPU is progressing well, with these latest products now making up 70% of data center revenue in the previous quarter, indicating that Blackwell sales have roughly doubled from the previous quarter. Super Micro's server solutions are closely linked to Nvidia's GPU ecosystem and roadmap. The company has generally been more agile than its peers in delivering server systems that align with Nvidia's latest products, thanks to its modular system designs, advanced cooling and power systems, and close collaboration with Nvidia regarding software and hardware integration. SMCI is likely to reap substantial rewards as a primary provider of custom, high-density GPU servers for Nvidia's data center customers as the deployment of Blackwell continues to expand. So, is SMCI stock appealing following the recent surge? We consider SMCI stock to be reasonably valued at its current market price of $43, although there are some reservations. We reach this conclusion by comparing the current valuation of SMCI stock to its recent operating performance as well as its existing and historical financial health. Our evaluation of Super Micro Computer across key metrics of Growth, Profitability, Financial Stability, and Resilience During Downturns indicates that the company maintains a strong operating performance and financial status, as outlined below. However, for those looking for potential upside with lower volatility than individual stocks, the Trefis High Quality Portfolio offers an alternative, having outperformed the S&P 500 and achieving returns exceeding 91% since its inception. When considering what you pay per dollar of sales or profit, SMCI stock appears slightly undervalued in comparison to the broader market. • Super Micro Computer holds a price-to-sales (P/S) ratio of 1.2 in contrast to a figure of 3.0 for the S&P 500 • Additionally, the company's price-to-free cash flow (P/FCF) ratio is 174.4 relative to 20.5 for the S&P 500 • Furthermore, it has a price-to-earnings (P/E) ratio of 22.4 compared to the benchmark's 26.4 The revenues of Super Micro Computer have expanded significantly over the past few years. • Super Micro Computer has experienced an average revenue growth rate of 68.1% in the last 3 years (compared to a 5.5% increase for the S&P 500) • Its revenues have increased by 82.5% from $9.3 billion to $21 billion in the past 12 months (relative to a 5.5% growth for the S&P 500) • Moreover, its quarterly revenues rose 19.5% to $5.7 billion in the most recent quarter from $3.7 billion a year prior (compared to a 4.8% improvement for the S&P 500) Super Micro Computer's profit margins are significantly lower than those of most companies within the Trefis coverage universe. • Super Micro Computer's Operating Income over the past four quarters amounted to $1.3 billion, which translates to a low Operating Margin of 6.1% (compared to 13.2% for the S&P 500) • SMCI's Operating Cash Flow (OCF) during this timeframe was $148 million, reflecting a very low OCF Margin of 0.7% (in contrast to 14.9% for the S&P 500) • For the last four quarters, SMCI's Net Income was $1.2 billion — indicating a low Net Income Margin of 5.3% (compared to 11.6% for the S&P 500) Super Micro Computer's balance sheet appears robust. • Super Micro Computer's Debt stood at $2.5 billion at the conclusion of the most recent quarter, with its market capitalization being $25 billion (as of 6/3/2025). This results in a healthy Debt-to-Equity Ratio of 9.7% (in contrast to 19.9% for the S&P 500). [Note: A lower Debt-to-Equity Ratio is preferred] • Cash (inclusive of cash equivalents) constitutes $2.5 billion of Super Micro Computer's total assets, which amount to $11 billion. This leads to a strong Cash-to-Assets Ratio of 23.6% (relative to 13.8% for the S&P 500) SMCI stock has demonstrated more resilience than the benchmark S&P 500 index during a few recent downturns. With investors hoping for a smooth landing for the U.S. economy, how severe could the impact be if another recession occurs? Our dashboard How Low Can Stocks Go During A Market Crash illustrates how key stocks performed during and after the last six market crashes. • SMCI stock declined 34.5% from a peak of $35.33 on 7 August 2023 to $23.15 on 21 September 2023, compared to a peak-to-trough decrease of 25.4% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 19 January 2024 • Since then, the stock has risen to a high of $118.81 on 13 March 2024 and is currently trading at approximately $43 • SMCI stock fell 45.8% from a high of $2.95 on 5 February 2020 to $1.60 on 18 March 2020, versus a peak-to-trough decline of 33.9% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 8 June 2020 • SMCI stock dropped 66.3% from a high of $1.14 on 5 June 2007 to $0.39 on 13 November 2008, compared to a peak-to-trough decline of 56.8% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 22 December 2009 Super Micro Computer displays a mixed fundamental outlook. 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The quarterly rebalanced blend of large-, mid-, and small-cap RV Portfolio stocks offers a reactive approach to capitalizing on favorable market conditions while mitigating losses in declining markets, as detailed in RV Portfolio performance metrics.

Israel-Backed Gaza Aid Group Suspends Operations for Second Day
Israel-Backed Gaza Aid Group Suspends Operations for Second Day

Bloomberg

time40 minutes ago

  • Bloomberg

Israel-Backed Gaza Aid Group Suspends Operations for Second Day

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