Latest news with #GuruFocus
Yahoo
3 hours ago
- Business
- Yahoo
Nvidia Breaks Through US-China Wall -- AI Chip Exports Back in Play
After months of escalating chip restrictions, Nvidia (NASDAQ:NVDA) said it received assurance from US officials that export licenses for its H20 AI chips will be approved a pivotal shift that could restore billions in revenue once thought lost. The company had initially designed the H20 to comply with earlier US-China tech curbs, only to see those rules tighten under Trump's April order. Now, with approval seemingly back in play, Nvidia may be poised to recover a key growth lever in Asia. AMD (AMD) isn't far behind either it confirmed the Commerce Department signaled support for renewed sales of its MI308 chips to China, pending final licensing. The market didn't wait: Nvidia shares surged as much as nearly 4.8%, while AMD jumped 7.2% as of 10.31am today. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Behind the scenes, this reversal looks like part of a broader geopolitical mosaic. Treasury Secretary Scott Bessent admitted export controls had been a negotiating chip during recent trade talks in Geneva and London, even though officials had previously denied any quid pro quo. The policy shift follows China's decision to ease restrictions on rare-earth exports, a move US negotiators have been angling for over months. CEO Jensen Huang currently in Beijing has long argued that restricting Nvidia chips only fuels rivals like Huawei and weakens US leverage. Nvidia's own estimates suggest up to $15 billion in data center revenue was at risk, including $45 billion from H20 orders originally expected this year. The stakes couldn't be higher. Nvidia recently hit a $4 trillion market cap, becoming the poster child of the post-ChatGPT AI boom. Now, the H20's return could reopen a critical channel to Chinese hyperscalers like Alibaba and DeepSeek, who still prefer Nvidia's hardware for their next-gen models. Even with Washington maintaining that no intent exists to boost China's AI capabilities, the landscape just shifted. And with Huang warning that Nvidia's market share in China has already dropped from 95% to 50%, this development could be the inflection point that brings a chunk of it back. This article first appeared on GuruFocus.
Yahoo
3 hours ago
- Business
- Yahoo
Palo Alto Teams With Okta For AI Security
Palo Alto Networks (NASDAQ:PANW) and Okta (NASDAQ:OKTA) deepen their partnership with AI?driven security integrations to tackle identity attacks. The companies unveiled two new integrations. The first links Okta Workforce Identity with Palo Alto's Prisma Access Browser to enforce conditional SSO access exclusively through a secure browser. The second combines Okta AI?powered Identity Threat Protection with Palo Alto's Cortex SecOps platform, offering organizations a unified view of identity risks across their entire attack surface and serving nearly 2,000 joint customers. Warning! GuruFocus has detected 6 Warning Sign with PANW. Together the solutions automate threat response, secure application access on any device, and eliminate security blind spots. With Palo Alto Networks, Okta is proud to enhance the interoperability of our AI?powered platforms, providing joint customers with context?aware access controls and secure authentication to stay ahead of today's threats, said Stephen Lee, Okta's vice president of Technology Partnerships. Why it matters: As identity attacks rise, AI?based conditional access and unified risk monitoring offer a scalable defense and reduce operational complexity. Investors will watch both companies' next quarterly updates for early signs of revenue growth from these AI security offerings. This article first appeared on GuruFocus.
Yahoo
5 hours ago
- Business
- Yahoo
MP Materials Shares Jump on Apple's $500M Rare Earth Deal
July 15 - MP Materials (NYSE:MP) shares climbed more than 9% in Tuesday's premarket session after Apple (NASDAQ:AAPL) agreed to invest $500 million in the U.S.'s only operating rare earth mine. Warning! GuruFocus has detected 5 Warning Sign with MP. Under the arrangement, Apple will purchase magnets produced at MP's Texas plant. The deal also covers building a magnet facility in Fort Worth and a recycling factory in Mountain Pass, Calif. This collaboration aligns with the Trump administration's push to expand domestic rare earth operations for security purposes. A senior White House official described the pact as good for the country, good for American workers. Just days earlier, the Defense Department revealed a $400 million funding package aimed at strengthening the U.S. supply chain and cutting dependence on China, which supplies roughly 60% of global critical minerals and processes up to 90%. Due to the pact, analysts recommend that it will encourage further tech firms to think about investing in home mineral resources and transform the supply chain in the highstakes rare earth sector. This article first appeared on GuruFocus.
Yahoo
6 hours ago
- Business
- Yahoo
CoreWeave Stock Soars on Massive AI Data Center Plans
July 15 CoreWeave (NASDAQ:CRWV) shares climbed about 6% in Tuesday's premarket trading after the company said it will invest up to $6 billion to build an AI data center in Lancaster, Pa. Warning! GuruFocus has detected 6 Warning Signs with CRWV. The announcement came during a CEO roundtable with former President Donald J. Trump at Senator Dave McCormick's inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh. The first phase of the facility will deliver 100 megawatts (MW) of power for generative AI workloads, with room to expand to 300 MW. It stands as one of the region's earliest large?scale data centers dedicated to high?performance computing and could help position Pennsylvania as a strategic AI hub. Construction is expected to create about 600 skilled jobs during the build-out, with roughly 70 full?time technical and operational roles at launch, scaling to around 175 over time. Since its late?March IPO at $40 per share, CoreWeave's stock has more than tripled, peaking at $183.58 on June 20 before pulling back. Separately, Cisco Systems (NASDAQ:CSCO) recently disclosed a 1.06 million?share stake in the company. Investors will watch whether the new capacity drives revenue growth and strengthens CoreWeave's foothold in the AI infrastructure market. 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
- Yahoo
Roblox Stock Hits 52-Week High After Report of Multi-Million Game Sales
July 15 - Roblox (NYSE:RBLX) shares rose about 5% on Monday afternoon after a Bloomberg report spotlighted rising payouts for developers on the gaming platform. Warning! GuruFocus has detected 6 Warning Signs with RBLX. List of 52-Week Lows List of 3-Year Lows List of 5-Year Lows According to the report, some creators are earning seven- and eight-figure sums from hit games. One title, Blue Lock: Rivals, was said to have sold for over $3 million after generating around $5 million in monthly in-game purchases. The platform's growing developer economy, supported by nearly 100 million daily active users, has become a key part of Roblox's business model. Popular games boost engagement and drive in-app spending, from which the company earns a share. Analysts say such headlines may encourage more developers to join, potentially creating a flywheel effect for user growth and monetization. Roblox shares have seen 16 moves greater than 5% over the past year. The stock hit a new 52-week high at $111.8 and is up nearly 90% year-to-date. Investors are watching to see whether the latest momentum can be sustained amid broader volatility. Based on the one year price targets offered by 31 analysts, the average target price for Roblox Corp is $83.98 with a high estimate of $126.00 and a low estimate of $30.00. The average target implies a downside of -24.90% from the current price of $111.83. Based on GuruFocus estimates, the estimated GF Value for Roblox Corp in one year is $85.20, suggesting a downside of -23.81% from the current price of $111.83. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page. This article first appeared on GuruFocus.
