Latest news with #Humain
Globe and Mail
2 days ago
- Business
- Globe and Mail
Can AMD Stock Turn a $25,000 Investment Into $1 Million by the Time You Retire?
Advanced Micro Devices (NASDAQ: AMD), the popular chipmaker more commonly referred to as AMD, has been off to a sluggish start to 2025. Heading into trading this week, the stock had declined by 9% since January. But with some phenomenal long-term prospects, thanks to its artificial intelligence (AI) chips, could this be a millionaire-making investment? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The launch of new AI chips last year and some improved results could give investors reason to be more optimistic about the potential for the stock to deliver some mammoth returns. Below, I'll look at whether a $25,000 investment in the company could grow to at least $1 million by the time you retire. Plenty of growth opportunities ahead Bearish investors may be skeptical about AMD since it has been lagging behind its larger rival Nvidia, but the reality is that the potential is so massive in AI chips that it may not matter who is ahead today. In the long run, there will be room for many AI chip companies to grab market share and achieve considerable growth. For instance, take projections for the AI chip market. By 2032, analysts at Allied Market Research forecast that the industry will be worth $383.7 billion, which translates into a compound annual growth rate of 38.2% since 2023. AMD recently announced a $10 billion collaboration with Saudi Arabia-based Humain "to build the world's most open, scalable, resilient, and cost-efficient AI infrastructure." Humain, which is a new AI company, also announced a strategic partnership with Nvidia. There's big money to be made in expanding AI capabilities in Saudi Arabia and many other parts of the world. Partnering with two top chipmakers is simply a good strategy for Humain and other businesses. In its most recent quarterly earnings report (for the period ending March 29), AMD reported sales totaling $7.4 billion, an increase of 36% from the prior-year period and an acceleration from the 24% revenue growth it posted a quarter earlier. It's a good sign that the company's new Instinct MI325X chips, which were launched late last year as possible alternatives to Nvidia's Blackwell chips, have been doing well. How a $25,000 investment could grow to $1 million For a $25,000 investment to eventually be worth $1 million, it would need to rise to 40 times its original value. Here's a breakdown of what kind of an annual return you would need to average to achieve that, based on the number of years you have until retirement. Years Until Retirement Average Return Needed 20 20.25% 25 15.90% 30 13.08% 35 11.12% Calculations and table by author. The potential for AI to transform industries and affect the entire world is a massive opportunity for AMD. If the company's AI chips offer customers a real alternative to Nvidia's, then this could indeed be a top growth stock to own for years to come. However, AMD is yet to prove that. Additionally, there is the risk of corrections in the market, recessions, and a possible slowdown in tech and AI spending, and that all could affect AMD's growth. While it may be tempting to assume the stock is going to grow at a high rate because of strong demand in the AI chip market, it's underperforming this year despite all the excitement around AI. And all the above rates would mean that it does better than the S&P 500 's long-run average of 10% -- which is by no means a guarantee. Should you buy AMD stock? As a leader in chip design, AMD stock has the potential to be a 40x investment, but it could take more than 30 years before that happens, and even that is by no means a sure thing. It's evident that investors are still on the fence about its long-term prospects as the business still needs to prove that its AI chips can compete and take significant market share from Nvidia. The company's growth has been improving, and if that trend can continue, that may be what gets the stock rallying. Ultimately, I think the business is on the right path forward, and while its valuation may seem rich right now, trading at more than 80 times its trailing earnings. However, as it scales up its operations, its margins should improve; based on analyst projections, the stock trades at a multiple of just 27 next year's profits. Regardless of how quickly you expect it to rise in value, AMD stock can be a no-brainer buy if you're holding on for the long haul; even if it doesn't end up being a 40 bagger, you're likely to earn some great returns from hanging onto the stock. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025
Arabian Post
3 days ago
- Business
- Arabian Post
PIF Considers SITE IPO Amid Economic Diversification Push
Saudi Arabia's sovereign wealth fund, the Public Investment Fund , is evaluating an initial public offering for its wholly-owned technology arm, Saudi Information Technology Company , as part of broader efforts to bolster the kingdom's economic diversification strategy. According to individuals familiar with the matter, PIF has approached investment banks to submit proposals for roles in a potential share sale of SITE. The discussions are in preliminary stages, with specifics such as the IPO's size and timeline yet to be determined. Established in 2017, SITE operates at the forefront of Saudi Arabia's digital transformation, offering services in cybersecurity, cloud computing, and systems integration. The company has been instrumental in securing critical national infrastructure and supporting various digital initiatives aligned with Vision 2030, the kingdom's blueprint for reducing reliance on oil revenues. ADVERTISEMENT SITE's portfolio includes a range of digital platforms and services, such as SITE Postal, SITE Inform, and SITE Guard, designed to enhance the digital ecosystem within the country. The company has also forged strategic partnerships to advance its technological capabilities. Notably, in collaboration with South Korea's AhnLab, SITE has invested over SAR 500 million to bolster cybersecurity technologies across the Middle East and North Africa region. The potential IPO of SITE reflects PIF's ongoing strategy to monetize its assets and inject liquidity into the national economy. This move aligns with previous initiatives, including the exploration of public listings for other PIF-backed entities such as Nupco, the kingdom's largest medical procurement firm. Saudi Arabia's push into the technology sector has gained momentum, with significant investments aimed at positioning the country as a global tech hub. The launch of Humain, a state-owned artificial intelligence company backed by PIF, underscores this ambition. Humain plans to invest heavily in AI infrastructure and has secured partnerships with major international tech firms to develop data centers and AI models. The kingdom's commitment to technological advancement is further evidenced by initiatives like the LEAP Tech Event, an annual conference that has attracted global attention and investment. These efforts are part of a broader strategy to foster innovation, create high-tech employment opportunities, and diversify the economy away from oil dependency.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Can Nvidia Stock Hit $220 in 2025?
Chip giant Nvidia (NVDA) has built its empire on the back of robust demand for advanced computing and artificial intelligence (AI). As AI continues to shake up the tech world, Nvidia is centrally positioned thanks to its graphics processing units (GPUs). But as global tensions rise, the company is playing a high-stakes game, navigating U.S. export restrictions by crafting customized chips for China while dodging tariffs. Plus, Nvidia's reach is stretching beyond Silicon Valley. The company recently struck a multibillion-dollar deal with Saudi Arabia's Humain to power a 500-megawatt AI data center. Against this backdrop, Wall Street bulls put $220 on the horizon as the Street-high price target, implying potential upside of nearly 60%. What are the odds Nvidia can make that leap in 2025? About Nvidia Stock Founded in 1993 and headquartered in Santa Clara, California, Nvidia (NVDA) is one the world's leading tech giants. With a market cap of $3.3 trillion, Nvidia's chips play a significant role in facilitating AI operations and powering supercomputers and data centers. NVDA stock has had a turbulent time on Wall Street so far. The stock posted a 52-week high of $153.13 in January. But, as the tariffs disoriented the markets, the stock fell from its highs, posting a 52-week low of $86.62 in April. Since then, the stock has risen sharply by 61%. In fact, NVDA rose 22% over the past 52 weeks, and over the past month, it has rallied by 28% as optimistic news has emerged, such as the U.S. and China agreeing to pause most reciprocal tariffs for 90 days. Fiscal first-quarter earnings that beat analyst estimates with revenue of $44.1 billion and earnings per share of $0.81 sent shares up more than 3% on Thursday, May 29. Analysts Issue High Price Targets on NVDA The highest price target on Nvidia is technically $220 from Tigress Financial analyst Ivan Feinseth. However, analysts should note that Feinseth last addressed NVDA at the end of January 2025, when he maintained his 'Outperform' rating and raised his target from $170 to $220. His note came following the DeepSeek-triggered selloff in Nvidia and other AI shares, writing that the the bloodshed created a good opportunity to buy stock. More recent juicy price targets came following the fiscal Q1 earnings release, although none top $220. Truist analyst William Stein just raised his price target from $205 to $210, maintaining a 'Buy' rating. He is bullish on still-increasing demand for Nvidia chips, specifically calling out sovereign deals like the ones reached with Saudi Arabia and the UAE in recent weeks. Melius Research analyst Ben Reitzes maintained his $205 target on shares, commenting that growth outside of China continues to be strong for Nvidia. The Bottom Line on Nvidia Stock Overall, analysts maintain a bullish view on the chip maker's stock, giving the stock a consensus rating of 'Strong Buy.' Out of the 44 analysts covering NVDA, a majority of 36 analysts recommend a 'Strong Buy,' while three suggest 'Moderate Buy,' four advise a 'Hold,' and only one suggests a 'Strong Sell.' The mean price target of $167 represents potential upside of 20% from here.
Time of India
4 days ago
- Business
- Time of India
What is Nvidia CEO Jensen Huang's net worth? Know about this education, career and other details
Jensen Huang is the co-founder and CEO of Nvidia, a company that has become a global leader in AI technology and advanced graphics processing. Known for his visionary leadership, Huang has transformed Nvidia from a gaming-focused chipmaker into a trillion-dollar tech powerhouse. As of May 2025, his net worth stands at approximately 11,830 crore USD or $118.3 billion. This massive fortune places him among the richest people in the world. Huang's wealth recently surged after Nvidia signed a landmark AI chip deal with Saudi Arabia, further cementing his influence in the global AI boom. Jensen Huang's net worth and recent surge As of May 2025, Jensen Huang's net worth is estimated at $118.3 billion. This surge came after Nvidia signed a major AI chip deal with Saudi Arabia. The deal involves supplying thousands of advanced chips to the Saudi startup Humain. Huang owns about 86 million Nvidia shares which is around 3.5 percent of the company, making him the largest individual shareholder. Huang's total compensation in 2025 is nearly $50 million. This includes a base salary of $1.5 million, a $3 million bonus, and equity awards worth up to $27.5 million depending on performance. Most of his wealth comes from the rapid increase in Nvidia's stock price. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Jensen Huang's early life and education Jensen Huang was born in Tainan, Taiwan in 1963. He moved to the United States as a child and grew up in Oregon. Huang earned a bachelor's degree in electrical engineering from Oregon State University and a master's degree from Stanford University. His early interest in technology helped shape his future career in the tech industry. Jensen Huang's career and Nvidia's foundation In 1993, Huang co-founded Nvidia with Chris Malachowsky and Curtis Priem. Originally focused on gaming graphics cards, Nvidia expanded under Huang's leadership into a leader in GPU technology. These chips are now essential for AI, data centers, and autonomous systems. His decision to shift Nvidia's focus to AI during the 2010s transformed the company into a trillion-dollar giant. Personal life and lifestyle of Jensen Huang Huang maintains a low profile despite his wealth. He is known for his trademark black leather jacket and calm demeanor. He is married with two children and lives in the San Francisco Bay Area in a high-value estate. Huang also donates to educational and healthcare causes. Jensen Huang is a transformative leader who turned Nvidia from a gaming chipmaker into a cornerstone of the AI economy. With Nvidia valued at over $3 trillion and demand for AI chips growing, Huang's influence on technology and innovation is set to keep increasing. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
4 days ago
- Business
- Yahoo
Humain taps US tech giants, plans $10bn venture capital fund
Humain, Saudi Arabia's new AI start-up backed by the kingdom's sovereign wealth fund, will launch a $10bn (SR37.5bn) venture capital fund as it taps major US tech companies for investment, the Financial Times (FT) reported. The company's chief executive officer, Tareq Amin, said Humain will launch its fund this summer and will focus on investing in start-ups in the US, Europe and Asia. Humain is now looking for a US tech company to become an equity partner in its data centre business, Amin told the FT. He said the company was in talks with OpenAI, venture capital firm Andreesen Horowitz and Elon Musk's xAI. "We are in discussions with all of them," Amin said, but declined to specify which companies were interested in becoming equity partners. "Some of them, which you will hear about very soon, are massive names in the data centre segment." The government-backed company was unveiled during US President Donald Trump's recent state visit to Riyadh. A major focus of his trip in the Middle East was securing major investment deals. He was accompanied by top executives including Elon Musk, OpenAI CEO Sam Altmer and Nvidia CEO Jensen Huang. Humain has already struck deals with Nvidia, AMD, Amazon Web Services and Qualcomm worth $23bn, according to Amin. The company aims to have 1.9GW of data centre capacity by 2030, increasing to 6.6GW by 2034; for context, the city of San Francisco requires around 1GW of power. The project's cost is estimated at $77bn. There were multiple investment announcements related to Humain during Trump's visit to the Middle East. Nvidia announced it would sell the first batch of its latest Blackwell chips, totalling 18,000, to Humain. US chip company Advanced Micro Devices also announced a $10bn collaboration with the Saudi start-up. The US President's visit to the Middle East reflected a 'pay-to-play' form of politics that Trump has widely advertised. The extent to which this strategy has become entrenched in the US' approach to foreign relations became evident when Trump accepted a $400m luxury aircraft from the Qatari royal family to become part of the Air Force One fleet, the president's official mode of transport. "Humain taps US tech giants, plans $10bn venture capital fund" was originally created and published by Investment Monitor, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
