Latest news with #GPU
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2 hours ago
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CoreWeave Gets Citi Lift Ahead Of Q2
Nvidia (NASDAQ:NVDA)-backed CoreWeave (NASDAQ:CRWV) shot higher after Citi upgraded it to Buy from Hold, keeping a $160 target and saying the demand picture finally looks healthier ahead of its August 11 Q2 report. Tyler Radke pointed to rising capex from Microsoft (MSFT)which made up 72% of Q1 revenueas the backbone of his stronger fundamental view and closed a 90-day negative catalyst watch after the stock had fallen 45% from its peak. Warning! GuruFocus has detected 5 Warning Signs with NVDA. CoreWeave is the first cloud provider to deploy Nvidia's Blackwell Ultra GPUs, and that tech momentum helped fuel the rally even as the stock has slid 37% over the past month; it's still up about 157% from its $40 IPO price. Wall Street expects a loss per share of $0.23 on $1.08 B revenue for Q2, and Radke thinks the company's noncancellable contracts with roughly 4-year average durations give better near-term revenue visibility, setting the stage for potential beats and guidance raises. He calls CRWV a leader in GPU-as-a-Service with upside from verticalization up the software stack, but flags the flip side: limited trading history and heavy customer concentration make it high risk and prone to volatility. This article first appeared on GuruFocus. 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
7 hours ago
- Business
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AMD Reports August 5—Analyst Sees Q3 Upside and CPU Market Gains
Advanced Micro Devices, Inc. (NASDAQ:) is one of the . On July 29, BofA Securities raised its price target on the stock to $200.00 from $175.00 while maintaining a 'Buy' rating. The rating affirmation comes ahead of AMD's earnings report due on August 5th. According to the firm, China AI shipments will potentially resume in the second half of 2025, adding $0.7-$1 billion to 2025 AI GPU revenue and $1.5-$2 billion to 2026 (calendar years). 'AMD reports Tuesday, August 5 after market close. Read-throughs point to: 1) potential (yet unconfirmed) China AI shipment resumption in 2H, adding ~$0.7–$1 billion to CY25 AI GPU sales and ~$1.5–$2 billion to CY26; 2) stronger than expected pricing for its current-gen MI355X ($20K+ vs. $17K consensus); 3) continued strong demand for AI/GPU driven by rising cloud capex; 4) easier 2H PC unit comps, given AMD's recent PC strength was mostly average selling price (ASP)-driven rather than unit-based; 5) AMD's 2H PC outlook is already well below seasonal by 1300bps/1400bps in Q3/Q4; and 6) healthy enterprise demand (e.g., HPE/TXN)." A close up of the hand of a financial analyst, holding a copy of a report from a rating agency. "Overall, we expect upside to Q2/Q3 results and guidance at $7.5 billion+/$8.5 billion+ in sales (vs. consensus $7.4 billion/$8.3 billion) and CY25 sales/EPS toward $33 billion+/$4.10+ (vs. consensus $32.2 billion/$4.01). Longer-term, we expect AMD to exceed 30% of the overall CPU market by CY26, up from just under 20% in CY23, and potentially reach 4–5% of the AI GPU market. Intel's prioritization of profitability and manufacturing uncertainty offers greater opportunity for AMD to gain CPU share. We reiterate our Buy rating and raise our price objective to $200 from $175, now based on 36x CY26E P/E (from 31x), reflecting a stronger AI CPU/GPU environment, but still within the historical 13x–39x range.' -Vivek Arya Advanced Micro Devices, Inc. (NASDAQ:AMD) develops and sells semiconductors, processors, and GPUs for data centers, gaming, AI, and embedded applications. While we acknowledge the potential of AMD 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: 10 Must-Watch AI Stocks on Wall Street and Disclosure: None.
Yahoo
13 hours ago
- Business
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Nvidia seeks extra 300,000 H20 GPUs to meet China's surging AI demand — places order with TSMC to meet unexpectedly strong interest
When you buy through links on our articles, Future and its syndication partners may earn a commission. Nvidia's China strategy is shifting once again. According to Reuters, the company has placed a fresh order for 300,000 H20 AI GPUs with TSMC, spurred by unexpectedly strong demand from Chinese tech giants. This move comes just weeks after the Trump administration reversed an April ban on the H20, a China-specific chip designed to comply with U.S. export controls but still powerful enough to dominate AI inference workloads. The decision marks a reversal of Nvidia's earlier stance. CEO Jensen Huang, during a recent visit to Beijing, had hinted that H20 production would remain paused unless customer demand justified a restart—something that would take nine months to spin up. But with existing stockpiles of 600,000–700,000 H20 units quickly dwindling, and reports of smuggling and a booming repair market for banned GPUs, Nvidia is clearly seeing enough momentum to justify new orders. For context, the H20 is not a regular flagship GPU. While it lacks the raw power of Nvidia's actual flagship H100 or the newer Blackwell series, industry insiders say it's finely tuned for AI inference tasks, with some experts noting that it can even outperform the H100 in certain workloads. Chinese tech heavyweights like Tencent, ByteDance, and Alibaba had already stockpiled these chips ahead of the April ban, often pairing them with DeepSeek's cost-optimized AI models. Yet the U.S. government has not fully cleared the path. Nvidia still requires export licenses for these shipments, and sources told Reuters that the Commerce Department has yet to approve them. In the meantime, Nvidia is asking Chinese customers to submit detailed order forecasts and documentation, signaling a more tightly controlled distribution pipeline. Financially, the stakes are massive for the Green Team. After the April ban, Nvidia warned of a potential $5.5 billion inventory write-off and an additional $15 billion in lost sales — a hit that would have dented its lead in the AI hardware race. For context, Nvidia sold roughly 1 million H20 chips in 2024, meaning this latest TSMC order represents nearly a third of last year's total volume. The political backlash, however, is intensifying. Twenty U.S. national security experts, including former officials from the Bush and Trump administrations, have urged the Commerce Department to reinstate the H20 ban, warning that the chip is 'a potent accelerator of China's frontier AI capabilities.' Their letter argues that the H20's inference performance could bolster China's military AI efforts and weaken U.S. export control policies, something that Jensen Huang has disagreed with before. Despite this pressure, Nvidia is betting that keeping its software ecosystem entrenched in China is critical to maintaining its dominance. If Chinese developers migrate fully to Huawei's competing solutions, the long-term loss could be far greater than any short-term political fallout. The H20 may not be Nvidia's flagship, but in the high-stakes U.S.-China tech rivalry, it's becoming a chip that symbolizes far more than just performance. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Inicia sesión para acceder a tu cartera de valores
Yahoo
a day ago
- Business
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NVDA's H20 AI Chips Head Back to China
Nvidia (NASDAQ:NVDA) just locked in permission to ship its H20 AI GPUs back into Chinatwo weeks after filing for the license. White House adviser Kevin Hassett says the Trump team decided it made more sense to keep China buying U.S. chips than to risk them building their own. The H20 isn't as powerful as the global version thanks to export curbs, but it's still the most advanced GPU Nvidia can legally send its way. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Of course, some in Washington aren't thrilled. They worry that sending these chips could hand Beijing a playbook for future chip design, even as it helps Nvidia protect roughly 20% of its global GPU market. Analysts note that as Chinese players like Huawei ramp up, Nvidia could face stiffer competition down the road. For Nvidia, though, getting back into China is crucial for revenue and staying ahead in the AI chip race. Now all eyes are on how quickly those licenses get approved and whether the U.S. tightens or loosens the rules again. This article first appeared on GuruFocus. 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
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a day ago
- Business
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NVIDIA's (NVDA) AI Chips in High Demand Despite Export Limits — Jefferies Weighs In
NVIDIA Corporation (NASDAQ:NVDA) is one of the . On July 28, Jefferies noted that Nvidia's H20 AI chip stockpile (600K–900K units) falls short of China's demand. This demand, it noted, could reach 1.8M units now that there has been a temporary relief in U.S. export restrictions. 'We believe as long as the U.S. and China are in a 'truce' state for trade negotiation, NVDA will be allowed to meet reasonable China demand.' It further said that 'NVDA likely has delivered ~300K in 1Q25,' roughly in line with pre-ban levels. Regardless of these supply limits, the firm noted that Chinese firms are still after these Nvidia chips owing to their CUDA ecosystem, superior performance, and limited local alternatives. This strong demand is anticipated to continue even for downgraded future chips like the upcoming B30 (Q4 2025). The firm further anticipated that there is going to be a next-generation chip, the B30, which will likely be revealed in the fourth quarter of 2025. The B30 will have 'reduced memory specs to comply with a likely new criterion for AI chip export control.' The firm has raised China's 2025 AI capex forecast by 40% to $108B. It did note that capital spending by China's internet firms exhibits temporary weakness in the second quarter due to GPU rental supply, but believes that this 'does not represent a slowdown in Internet players' AI efforts.' NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services. While we acknowledge the potential of NVDA 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. Sign in to access your portfolio
