Latest news with #BlackwellGPU
Egypt Independent
4 days ago
- Business
- Egypt Independent
An emboldened China eyes more concessions from US at Stockholm trade talks
Hong Kong — For the third time in as many months, US and Chinese officials will meet in Europe for trade talks — and this time, Beijing is arriving at the negotiating table more emboldened than ever. Its firm grip on strategic minerals has compelled the Trump administration to roll back some export curbs on China, including a stunning reversal of the ban on sales of a key Nvidia AI chip. Meanwhile, the Chinese economy has delivered better-than-expected growth months into the trade war, according to government data, posting a record trade surplus that underscores the resilience of its exports as they pivot away from the US market. And just a few days ago, Beijing reinforced its tough posture at a key summit with the European Union, offering little to address the bloc's concerns spanning from trade imbalances to the Ukraine war. When a new round of talks begins in Stockholm on Monday, Chinese negotiators led by Vice Premier He Lifeng are expected to greet their American counterparts with fresh confidence in Beijing's uncompromising, hard-edged approach – and a growing appetite for further US concessions. Treasury Secretary Scott Bessent, who's leading the US delegation, said before the talks in the Swedish capital that the two sides would be working out a 'likely' extension of their trade truce, which currently expires on August 12. The 90-day reprieve, struck at a May meeting in Geneva, held back three-digit tariffs imposed in April that threatened to cut off trade between the world's two biggest economies. The truce was pulled back from the brink of collapse with further talks in London in June, after each side accused the other of reneging on its promises. And now, the Stockholm talks may offer clues as to how much longer that detente can hold – and whether the two countries can further bring down remaining tariffs and address other thorny issues, such as tech restrictions, as they work toward a lasting deal. The latest round of negotiations follows Donald Trump's recent flurry of trade deals with the United Kingdom, Japan, and other trade partners, part of the global tariff war he launched earlier this year. But the US President appears to have dialed down his confrontational approach on China, and has spoken enthusiastically about visiting the country at the invitation of its leader Xi Jinping in the 'not too distant future.' The Nvidia Corp.'s logo on the company's Blackwell GPU chip displayed at the Nvidia AI Summit Japan in Tokyo, Japan, on November 13, 2024. Akio Kon/Bloomberg/Getty Images Josh Lipsky, chair of international economics at the Atlantic Council, said a stopgap agreement was the most likely outcome this week. 'Right now, all signs point to another 90-day continuation where tariffs remain at 30% and negotiations continue – with the likelihood of a Trump-Xi meeting in the fall,' he said, referring to the level of Trump's second-term levies on Chinese goods. 'But just as we learned in the spring, the situation can turn on a dime and whether it's the exit bans or another flash point, this is a fragile ceasefire.' It was recently revealed that a US Commerce Department employee and a Wells Fargo executive have been banned from leaving China by the Chinese authorities, casting a shadow over the talks. US Commerce Secretary Howard Lutnick denounced the ban as 'outrageous.' Nevertheless, Bessent struck a positive tone when announcing the latest round of negotiations, saying 'trade is in a very good place with China.' 'I think we've actually moved to a new level with China, where it's very constructive,' he told Fox Business on Tuesday. Bessent said the two countries would also discuss China's purchase of 'sanctioned' oil from Russia and Iran. On Thursday, Lutnick said the proposed spinoff of popular short-video app TikTok's operation in the US, which is awaiting Beijing's approval, would be part of the discussions as well. For their part, Chinese officials have kept the agenda of the talks vague. In a statement last week, the Commerce Ministry said the two sides will 'continue consultations on economic and trade issues of mutual concern, guided by the principles of mutual respect, peaceful coexistence, and win-win cooperation.' Chinese Vice Premier He Lifeng at the opening ceremony of the third China International Supply Chain Expo in Beijing, China on July 16, 2025. Florence Lo/Reuters Key asks from Beijing For Beijing, a central focus of this week's negotiations are the remaining US tariffs on Chinese imports, according to Chinese experts. At about 55%, the tariff includes a 10% 'reciprocal' tariff the US placed on trade partners in April, 20% levies imposed on China for what Trump said was its role in the flow of illegal fentanyl into the US, and pre-existing duties, according to the White House. Chinese experts say a key priority for Beijing is to seek the removal of the 20% fentanyl-related tariffs. Last month, China announced it would add two more fentanyl precursors to its list of controlled substances, and placed nitazenes – a class of powerful synthetic opioids – on another list of controlled drugs. He Weiwen, a senior fellow at the Center for China and Globalization, a Chinese think tank, told the state-run Global Times that the key focus of this round of talks is to build on agreements reached in previous talks, and push for more 'tangible results.' 'The first priority is resolving the remaining tariff issues, particularly those imposed by the US under the pretext of fentanyl, and the second surrounds how China and the US can further deepen economic and trade cooperation,' said He, who previously served as a diplomat to the US. Beijing may also ask Washington to further roll back technology export controls it has previously imposed on China, including the blacklisting of hundreds of Chinese companies under the Commerce Department's Entity List for trade restrictions, according to Wu Xinbo, director of the Center for American Studies at Fudan University in Shanghai. During his first term, Trump began placing tech restrictions on Chinese firms including national tech champion Huawei. His successor, former President Joe Biden, followed up by broadening the scope of the curbs to a wide swath of categories. 'After this period of US-China rivalry, the US side has come to realize that China holds significant cards – and more importantly, is willing to play them when necessary,' said Wu, who is an adviser to China's foreign ministry. The cards, he explained, refer to America's reliance on China's supply chain, including but not limited to rare earths minerals and magnets – needed for everything from everyday electronics and vehicles to fighter jets. Countless containers stand at the Tollerort container terminal in the port of Hamburg, on July 9, 2025. Marcus Brandt/dpa/Marcus Brandt/picture-alliance/AP At the height of the trade war with the US in April, China leveraged its global dominance in the rare earths supply chain and put new licensing requirements on the exports of seven types of rare earth minerals and several magnets. The significant decline in rare earth exports from China, despite the trade truce reached in May in Geneva, reignited tensions, prompting Trump to take 'countermeasures,' including export controls on chip software, ethane and jet engines. The renewed spat calmed only after the London meeting last month, when Beijing agreed to allow the flow of rare earths and Washington decided to lift its export restrictions. But China has learned the value of its leverage on US. Wu said the country's leverage goes beyond rare earths to – among other things – drone and electric vehicle battery supply chains, where China plays a significant role. The divestment of TikTok US from its Chinese owner ByteDance, which is subject to Beijing's approval, is another card, he said. 'In the past, we didn't consciously use these cards. Now, I believe China will increasingly take the initiative to consider playing them,' he said. On Tuesday, Bessent said he intended to warn Beijing over its continued purchase of sanctioned Russian and Iranian oil, as well as its support for Russia's war against Ukraine. Trump has previously threatened 100% secondary tariffs on goods from countries that continue buying Russian oil, namely China and India, and legislation to that effect has been gaining momentum. Wu said China is unlikely to entertain such a tariff threat and stop importing oil from Russia or Iran, but he said Beijing is aware that the US may leverage the threat, to force its cooperation on issues such as the Russia-Ukraine conflict and talks with Iran.
Business Insider
22-07-2025
- Business
- Business Insider
‘Don't Sleep on It,' Says Investor About Nvidia Stock
Nvidia (NASDAQ:NVDA) stock has staged a powerful comeback in recent months. After sliding earlier in the year, the shares have rebounded sharply – rallying nearly 80% – as shifting economic conditions and improving sentiment in the AI market reignite investor enthusiasm. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Adding to the momentum, the company recently scored another win when the Trump administration cleared it to export its H20 chips to China – a market with massive untapped potential. But after such a hefty bull run, is there more room for growth on the horizon? Investor Kennedy Njagi believes the answer is clear – Nvidia still has plenty of moves left. In his view, the $4 trillion company is the most 'powerful and versatile' force in the AI landscape, likening it to the 'queen' on the chessboard – able to move swiftly and dominate across multiple fronts. 'Nvidia is the 'queen' of the AI ecosystem, dominating hardware, software, and systems and controlling key segments from training to inference and networking,' explains the 5-star investor. Njagi points to several reasons why Nvidia stands apart from the pack, starting with its 'unparalleled' technological edge. The company's new Blackwell GPU architecture is more than just a chip – it's part of a broader industrial simulation platform capable of digitizing entire factories and even cities. That breadth places Nvidia firmly 'at the center of the AI value chain.' The China development, in Njagi's eyes, only strengthens that position. With CEO Jensen Huang pegging the company's total addressable market in China at $50 billion, regaining access to the region could unlock meaningful revenue streams. To be sure, valuation remains a sticking point for some. Nvidia's non-GAAP Forward Price-to-Earnings ratio sits at 40.12x – well above the sector median of 24.30x. But Njagi argues that the company's blistering 60.71% CAGR more than justifies the premium. For Njagi, Nvidia isn't just participating in the AI revolution – it's setting the pace and defining the rules. 'As AI demand continues to increase, Nvidia's dominance also continues to increase,' he concludes, assigning a Buy rating to the stock. (To watch Njagi's track record, click here) You won't find much disagreement on Wall Street. With 34 Buy, 3 Hold, and 1 Sell ratings, NVDA boasts a Strong Buy consensus rating. However, its recent gains seem to have already captured much of the positive expectations for the year ahead, leaving its 12-month average price target of $182.49 with an upside of only ~6%. (See NVDA stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
18-07-2025
- Business
- Yahoo
NVDA vs. TSM: Which Semiconductor Stock Is the Better AI Investment?
NVIDIA Corporation NVDA and Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, are two of the most important companies in the global AI chip supply chain. NVIDIA designs the powerful graphics processing units (GPUs) that run advanced AI models, while Taiwan Semiconductor manufactures those chips using its leading-edge process technologies. Both companies are critical to AI infrastructure, but which one offers the better investment opportunity right now? Let's break it down by looking at their financial performance, challenges and growth outlook. The Case for NVIDIA NVIDIA is at the center of AI computing, with its products widely used across data centers, gaming and autonomous vehicles. The company continues to see strong demand from cloud providers, enterprises and startups building AI systems. In the first quarter of fiscal 2026, NVIDIA's data center revenues rose 73% year over year to $39.1 billion, showing the strength of this part of its business. Its newer Hopper 200 and Blackwell GPU platforms are being adopted quickly as customers work to grow their AI infrastructure. Much of this demand comes from large cloud providers that depend on NVIDIA GPUs for their AI workloads. The Blackwell architecture promises significantly higher performance, and upcoming versions like Blackwell Ultra and Vera Rubin are expected to strengthen NVIDIA's position further as AI demand keeps growing. However, the company faces near-term challenges from export restrictions. New U.S. rules stopped NVIDIA from selling its H20 chips to China, leading to lost sales of $2.5 billion in the first quarter. NVIDIA expects to lose another $8 billion in H20 sales during the second quarter. These restrictions are already slowing NVIDIA's growth. The company's revenue forecast for the second quarter is $45 billion, implying a modest 2% sequential increase, well below the double-digit growth it has posted in the previous nine quarters. While NVIDIA's long-term prospects are still strong, near-term uncertainty has clearly increased. The Case for Taiwan Semiconductor TSM manufactures chips for the world's top tech companies, including NVIDIA, Advanced Micro Devices and Broadcom. Taiwan Semiconductor is known for its advanced production capabilities and has already moved into 3nm production, with 2nm coming soon. Its large scale allows it to handle rising AI chip demand better than most competitors. In the second quarter of 2025, Taiwan Semiconductor Manufacturing reported a 39% increase in revenues and a 61% jump in profit. Its 3nm and 5nm chips accounted for nearly 60% of wafer sales. AI-related revenues tripled in 2024 and are expected to double again in 2025. With AI likely to be a long-term driver, TSMC's future growth potential looks strong. Buoyed by strong demand for its 3nm and 5nm chips, Taiwan Semiconductor raised its revenue growth guidance for full-year 2025 to 30% from mind-20% projected earlier. For the third quarter, TSMC expects revenues in the range of $31.8-$33 billion, calling for a sequential increase of 6%-10%. Taiwan Semiconductor is also investing heavily to stay ahead. It plans to spend up to $42 billion in 2025, mostly on advanced manufacturing. This is up from $29.8 billion in 2024 and shows its commitment to keeping its lead in cutting-edge chip production. NVDA vs. TSM: EPS Estimate Trends The Zacks Consensus Estimate projects NVIDIA's earnings per share (EPS) to rise 42.1% in fiscal 2026 and 32.1% in fiscal 2027. Over the past seven days, earnings estimates have been revised upward, showing strong confidence. Image Source: Zacks Investment Research The consensus mark for Taiwan Semiconductor's earnings also demonstrates strong growth ahead. EPS is expected to grow 34.7% in 2025 and 15.2% in 2026. The EPS estimate trend for TSMC has been moving upward over the last 30 days. Image Source: Zacks Investment Research NVDA vs. TSM: Price Performance & Valuation Check Shares of NVIDIA and Taiwan Semiconductor have performed well so far in 2025 despite severe market volatility due to macro uncertainty and geopolitical tension. NVIDIA shares have risen 28.9% year to date, while Taiwan Semiconductor has soared 24.1%. Image Source: Zacks Investment Research On the valuation front, Taiwan Semiconductor trades at a more reasonable level. Its price-to-earnings (P/E) multiple is 23.93X, far below NVIDIA's 35.57X. This suggests that TSM offers better value relative to its growth potential. Image Source: Zacks Investment Research TSM: A Better Bet Than NVDA While NVIDIA continues to lead in AI chip design and has a powerful product roadmap, it also faces short-term hurdles, especially from export restrictions that limit its access to the massive Chinese market. Its stock is also more expensive, leaving less room for upside if growth slows. Meanwhile, Taiwan Semiconductor sits at the core of the AI chip supply chain with less geopolitical risk and a more reasonable valuation. Its growth outlook is strong, backed by rising AI demand and major investments in future technology. For investors looking for a solid AI play with a better risk-reward balance, Taiwan Semiconductor is the smarter choice today. TSM carries a Zacks Rank #2 (Buy), making it a clear winner over NVDA, which has a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Citi Updates SMCI to $52 PT, Stays Neutral Amid AI Optimism, Margin Concerns
Super Micro Computer, Inc. (NASDAQ:) is a. On July 11, Citi analyst Asiya Merchant raised the price target on the stock to $52.00 (from $37.00) while maintaining a 'Neutral' rating. The firm quoted improving demand for AI servers and the ramp of Nvidia's GB200/300 platforms, which started shipping in May, behind the price target adjustment. The company's management is optimistic about turning current deals into real orders over the next two quarters. With Blackwell GPU supply improving, Merchant believes SMCI will find it easier to deliver products and grow its sales. 'Management sounds constructive on materialization of current commitments over the next two quarters as Blackwell GPU supply constraints ease.' However, she has also cautioned on accelerating competition coming from Dell and HPE. 'We remain concerned on margins given increased momentum and competitive efforts by DELL and HPE, which we believe will temper margin expansion expectations.' This pressure can make it difficult for SMCI to grow its margins regardless of rising sales. The firm also pinpointed focus zones for investors: '1) Global manufacturing footprint amidst tariff implications; 2) Hopper to Blackwell GPU platforms transition; 3) Ability (OTC: ABILF) to deliver on their first-to-market advantage for new GPU platforms amidst increased competitive environment; and 4) DCBBS and DLC 2 emergence and ramp into 2H.' Super Micro Computer, Inc. (NASDAQ:SMCI) designs and manufactures high-performance server and storage solutions for data centers, cloud computing, AI, and edge computing worldwide. While we acknowledge the potential of SMCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
10-07-2025
- Business
- Time of India
Nvidia stock price today: NVDA shares rally near peak as AI chip demand spikes — is this the top or just the start?
Nvidia stock price today July 10 showed a sharp intraday swing as traders kept a close eye on the chipmaker's historic rally and overall tech sector volatility. At midday Thursday, NVDA shares were trading around $162.88, marking a 1.77% gain so far for the day, according to Yahoo Finance data. The move comes after Nvidia (NVDA) briefly touched the $4 trillion market cap mark during Wednesday's session, becoming the first company in history to hit that level, driven by massive demand for its AI chips. Investors are now watching closely to see whether this momentum will hold as broader market conditions remain mixed due to geopolitical tensions and looming trade policies. Why is Nvidia stock up again today? Nvidia's stock price today is gaining support from continued institutional interest and a broader rotation back into mega-cap tech names. On July 9, NVDA closed at a record high of $162.88, fueled by a mix of retail enthusiasm and bullish price targets from Wall Street analysts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cara Membantu Orang Terkasih Menghadapi Limfoma Limfoma Pelajari Undo Earlier Thursday, premarket trading showed NVDA pushing toward $164.42, which briefly lifted the company's valuation above $4 trillion again. Although it pulled back slightly by midday, Nvidia still remains one of the strongest performers in 2025, with its year-to-date gain standing at over 170%. According to analysts at StatMuse and MacroTrends, Nvidia's strong product pipeline—led by its Blackwell GPU chips and data center dominance—continues to fuel optimism among long-term investors. Live Events What's driving Nvidia's stock price movement this week? The biggest force behind Nvidia's latest stock price jump is the relentless global demand for AI infrastructure, particularly from big players like Microsoft, Amazon, and Meta. Nvidia's H200 and B200 chips are at the core of nearly every major AI deployment, and that dominance is keeping the rally alive. In addition to solid fundamentals, sentiment has also been boosted by: Positive analyst upgrades, with price targets reaching up to $190–$204 Nvidia's increasing presence in sovereign AI contracts, including deals with the U.S. government Strong hedge fund flows into the semiconductor sector as a hedge against inflation Nvidia also benefits from its position in the "Magnificent Seven" tech group, which includes Alphabet, Amazon, Apple, Meta, Microsoft, and Tesla. With markets nervous about Donald Trump's fresh tariff threats, investors are leaning on reliable growth names—and Nvidia tops that list. Will Nvidia stock stay above $160 or pull back? There's no clear answer, but traders are watching key support and resistance levels. The $160 zone is seen as a short-term floor, while anything above $164 could spark another breakout. Nvidia has seen increased volume and options activity, a sign that both institutional and retail traders are betting on more volatility ahead. Some are locking in profits, while others are doubling down on long positions. According to Investopedia's July 10 premarket report, the company's trading behavior has been 'remarkably resilient despite macro headwinds,' with Nvidia seen as a safe harbor during political and trade policy shifts. Nvidia's stock price today, July 10, shows why NVDA remains the heartbeat of the AI boom. As shares hold near record highs, the tech giant is navigating market crosscurrents—from Fed interest rate speculation to Trump's trade war 2.0—with surprising strength. While short-term swings are expected, Nvidia's long-term story still looks strong. With AI demand unlikely to fade, and investor appetite intact, NVDA may continue leading the charge well into the second half of 2025. FAQs: Q1: Why is Nvidia stock rising today? Nvidia stock is rising due to strong AI chip demand and investor confidence. Q2: What is NVDA stock price now? As of July 10, NVDA is trading around $162 with high intraday swings.
