Latest news with #Nvidia
South China Morning Post
26 minutes ago
- Business
- South China Morning Post
Malaysia imposes trade permits for US-linked AI chip shipments
Malaysia will require trade permits for all high-performance chips meant for artificial intelligence ( AI ) and sourced from the United States , as Kuala Lumpur scrambles to negotiate down punitive American tariffs set to kick in on August 1. Last week, US President Donald Trump slapped a 25 per cent tariff on Malaysia, part of a broader move by the mercurial leader to address what he described as 'unsustainable trade deficits' that the world's largest economy faces with its trade partners. Trump's announcement came just weeks after Malaysia affirmed that it 'stands firm' against attempts to circumvent US export controls on chips to American rival China , following allegations that Chinese engineers had rented data centres packed with high-end Nvidia chips to train their AI model in the Southeast Asian country. On Monday, Malaysia's Ministry of Investment, Trade and Industry (MITI) said all exports, transshipments and transits of high-performance AI chips of US origin would need to come with a Strategic Trade Permit 'effective immediately'. The new regulation will require individuals or companies to notify Malaysian authorities at least 30 days before moving any items not expressly listed in the Strategic Items List (SIL) – which covers items such as goods and technology that could potentially be used for military applications. 'This initiative serves to close regulatory gaps while Malaysia undertakes further review on the inclusion of high performance AI chips of US origin into the SIL,' the ministry said in a statement.
Irish Times
an hour ago
- Business
- Irish Times
Nvidia dethrones Apple as king of market milestones
Nvidia is the world's first $4 trillion company, leaving Apple – long the king of market milestones – in its wake. Apple was the first to hit $1 trillion, $2 trillion and $3 trillion. But while its market capitalisation ($3.15 trillion) has idled since first closing above that landmark in mid-2023, Nvidia's has quadrupled, fuelled by insatiable demand for its AI chips. Even that understates Nvidia's rise: the stock is up more than 1,000 per cent since early 2023. READ MORE [ Nvidia outpaces Microsoft and Apple on path to $4 trillion valuation Opens in new window ] That sounds bubbly, but staggering revenue growth suggests otherwise. Revenues rose 69 per cent last quarter to $44 billion, with another record forecast for this one. Its top customers – Microsoft, Meta, Amazon, Alphabet – are to spend $350 billion on capital expenditure this year, much of it on Nvidia hardware. Valuation remains punchy, but not absurd. Nvidia's price-sales ratio is nearly four times that of Apple's, but the difference between their forward price-earnings ratios is slight. Nvidia bulls will note its growth rate is exponentially higher than Apple's and its PEG ratio (which adjusts for earnings growth) is actually far lower. Apple is stable and cash-rich, but slow growth means it's far from cheap. Nvidia appears riskier, but it keeps growing into its multiple. For now at least, investors are willing to pay up for speed over stability.
News.com.au
an hour ago
- Business
- News.com.au
Lunch Wrap: ASX steadies as DroneShield pops; GENIUS vote puts crypto in spotlight
ASX claws back as mining and energy lift DroneShield soars as it plans to triple Aussie manufacturing Bitcoin in the spotlight as GENIUS Act heads to a vote The ASX opened 0.15% down but by lunch time in the east, the local bourse had pulled off a quiet comeback, inching up toward the flatline. The early wobble came off the back of a soft Wall Street lead, after the Dow dropped 250 points on Friday and the S&P and Nasdaq followed suit. US traders were rattled after Donald Trump slapped a fresh 30% tariff on goods from the EU and Mexico, starting August 1. Not content with rattling Brussels, Trump also lobbed letters at Canada – planning 35% tariffs and calling out PM Mark Carney – and Brazil while promising 15–20% blanket duties. But despite the noise, one stock on Wall Street refused to sit still – Nvidia, which has now hit a US$4 trillion market cap. Over in crypto land, Bitcoin teased a new all-time high, flirting with US$119,000 at time of writing. And with 'Crypto Week' now underway in Washington, attention is turning to the GENIUS Act, set for a vote later tonight. The proposed legislation could mark a major turning point for stablecoins, introducing strict requirements for full cash or equivalent backing and a dual oversight model – federal for the big players, state for the smaller ones. Back home on the ASX, the mining and energy sectors were the best performers this morning. Among the large cap movers was DroneShield (ASX:DRO), which surged 7.5% after announcing a $13 million investment to triple its Aussie manufacturing footprint, with a new $2.6 billion capacity facility planned by the end of 2026. Utility billing software company Hansen Technologies (ASX:HSN) popped 12% after upgrading its FY25 earnings guidance by around 15%. Abacus Storage King (ASX:ASK) added 6% after confirming a juicier $1.65 per share bid from billionaire Nathan Kirsh's Ki Group and Public Storage, up 14.7% on their first offer. And, metals miner South32 (ASX:S32) was under pressure, falling 5% after warning that its FY26 production guidance for the Mozal smelter in Mozambique is under review. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for July 14 : Security Description Last % Volume MktCap ICU Investor Centre Ltd 0.002 100% 186,508 $304,511 OSX Osteopore Limited 0.018 80% 27,665,415 $1,830,431 BM1 Ballardmininglimited 0.350 40% 3,911,512 $45,922,302 ALR Altairminerals 0.004 33% 2,440,000 $12,890,233 CRR Critical Resources 0.004 33% 8,425,500 $8,310,256 SHP South Harz Potash 0.004 33% 1,444,157 $3,849,186 NVQ Noviqtech Limited 0.034 31% 742,795 $6,539,950 SVY Stavely Minerals Ltd 0.018 29% 8,323,856 $7,616,589 AMS Atomos 0.005 25% 532,090 $4,860,074 MRD Mount Ridley Mines 0.003 25% 20,343 $1,556,978 PRX Prodigy Gold NL 0.003 25% 1,019,762 $6,350,111 TMK TMK Energy Limited 0.003 25% 11,732,049 $20,444,766 LOC Locatetechnologies 0.160 23% 1,234,708 $30,440,054 USL Unico Silver Limited 0.405 23% 5,318,142 $144,521,439 PRS Prospech Limited 0.022 22% 107,509 $6,818,866 CMP Compumedics Limited 0.305 22% 88,535 $48,054,474 KNG Kingsland Minerals 0.095 22% 11,354 $5,659,751 IPB IPB Petroleum Ltd 0.006 20% 86,037 $3,532,015 TFL Tasfoods Ltd 0.006 20% 100,021 $2,185,478 TSL Titanium Sands Ltd 0.006 20% 23,739 $11,723,736 ATV Activeportgroupltd 0.013 18% 1,549,687 $7,556,748 LSR Lodestar Minerals 0.013 18% 1,390,378 $4,373,495 CC5 Clever Culture 0.020 18% 2,996,804 $30,032,035 SVL Silver Mines Limited 0.140 17% 9,139,551 $221,353,847 Osteopore (ASX:OSX) has secured market approval in Switzerland for its full range of 3D-printed cranial implants, covering both off-the-shelf and custom-made products. This clears the way for Zimmer to roll out Osteopore's full product suite in Switzerland and more broadly across Europe. Stavely Minerals (ASX:SVY) has struck a thick, high-grade gold hit at Fairview South in western Victoria, with its first RC drill hole (SFSRC001) pulling up 40m at 1.96g/t gold, including a hot 1m at 49.2g/t from just 10 metres down. The discovery looks to sit on a large 10km-plus structure, with soil sampling now underway to guide follow-up drilling in August. The prospect is part of the Stavely project, where SVY has already outlined the copper rich Cayley Lode resource. Unico Silver (ASX:USL) has hit what looks like a game-changer at La Negra, with drill hole JDD017-25 returning a standout 90m at 144g/t silver equivalent from just 10 metres down. The result expands the mineralised footprint more than a kilometre southeast of the old resource and confirms broad, shallow, high-grade oxide mineralisation that's still open in all directions. Clever Culture Systems (ASX:CC5) has landed a fresh order from Novo Nordisk in Europe for its APAS Independence instrument. The deal will allow Novo to run a formal evaluation of the tech across its global manufacturing network, comparing APAS to manual plate-reading methods for environmental monitoring. This marks another win in CCS's push to work with top-tier pharma giants. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for July 14 : Code Name Price % Change Volume Market Cap AOA Ausmon Resorces 0.001 -50% 575,000 $2,622,427 EDE Eden Inv Ltd 0.001 -50% 65,000 $8,219,762 GGE Grand Gulf Energy 0.002 -33% 1,200,109 $8,461,275 BUY Bounty Oil & Gas NL 0.002 -20% 71,211 $3,903,680 ECT Env Clean Tech Ltd. 0.002 -20% 652,256 $10,038,589 TON Triton Min Ltd 0.004 -20% 25,000 $7,841,944 OLY Olympio Metals Ltd 0.097 -19% 174,269 $12,368,076 AUK Aumake Limited 0.003 -17% 50,000 $9,070,076 FBR FBR Ltd 0.005 -17% 1,164,487 $34,136,713 MSG Mcs Services Limited 0.005 -17% 600,000 $1,188,598 PRM Prominence Energy 0.003 -17% 24,999 $1,459,411 IFG Infocusgroup Hldltd 0.016 -16% 2,597,353 $5,546,844 PGY Pilot Energy Ltd 0.011 -15% 12,689,783 $28,062,580 ADY Admiralty Resources. 0.006 -14% 22,640 $18,406,356 BYH Bryah Resources Ltd 0.006 -14% 111,719 $6,789,675 IPT Impact Minerals 0.006 -14% 4,126,321 $27,953,310 TMS Tennant Minerals Ltd 0.006 -14% 561,287 $7,461,233 HWK Hawk Resources. 0.019 -14% 464,694 $5,960,448 PH2 Pure Hydrogen Corp 0.091 -13% 159,898 $39,215,486 ATH Alterity Therap Ltd 0.013 -13% 37,697,177 $136,910,560 AM5 Antares Metals 0.007 -13% 461,088 $4,118,823 IBX Imagion Biosys Ltd 0.014 -13% 5,612,769 $3,221,463 LAST ORDERS Indiana Resources (ASX:IDA) has tapped ex-Alto Metals boss Matthew Bowles as its managing director to lead the charge at its high-grade Minos gold play in the Gawler Craton. With ~$69.35m in the bank and first drill assays due end-July, Indiana says it's well-positioned to deliver on its near-term exploration and growth objectives. Anson Resources (ASX:ASN) has shipped two tonnes of lithium-rich Green River brine to POSCO in South Korea as part of due diligence for a planned demonstration plant. The brine, iron-free and processed using a non-chemical method, will be tested for lithium extraction efficiency to help shape initial engineering and cost estimates. Uvre (ASX:UVA) has completed its acquisition of high-grade NZ gold assets and also welcomed experienced mining execs Norman Seckold and Peter Nightingale to the board. With rock chip hits up to 18.4g/t gold at Waitekauri and $4m fresh in the bank, drilling's about to fire up just 8km from OceanaGold's Waihi mine. West Wits Mining (ASX:WWI) has appointed CEO Rudi Deysel as managing director, following his lead role in advancing Qala Shallows from a gold asset to a producing mine. Keith Middleton also joins the board as the company shifts gear into production. ClearVue Technologies (ASX:CPV) has launched a full-scale expenditure review as it sharpens focus on long-term growth and product innovation. The move follows board reshuffles, including the resignation of executive director Chuck Mowrey, as the solar façade disruptor works to streamline operations and ramp up global momentum. IN CASE YOU MISSED IT Break it Down: DY6 Metals (ASX:DY6) has appointed a new CEO and secured $4.625 million in funding to fast-track the Central Rutile and Douala Basin Projects. At Stockhead, we tell it like it is. While Indiana Resources, Anson Resources, Clever Culture Systems, Uvre, West Wits Mining, ClearVue Technologies, Nordic Resources, DY6 Metals and Verity Resources are Stockhead advertisers, they did not sponsor this article.
The Hindu
an hour ago
- Business
- The Hindu
Nvidia CEO to hold media briefing in Beijing on July 16
Nvidia CEO Jensen Huang will hold a media briefing in Beijing on July 16, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the export of Nvidia's most advanced chips to China, citing concerns over potential military applications. The U.S. also imposed a ban earlier this year on sales of Nvidia's H20 artificial intelligence chips to the country, which had been Nvidia's most powerful AI chip cleared for Chinese sales. Huang's latest visit has been closely-watched in both U.S. and China. A bipartisan pair of U.S. senators on Friday sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies in the People's Republic of China. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units - the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology.
Yahoo
an hour ago
- Business
- Yahoo
Should You Invest $10,000 in Nvidia Stock Right Now?
Data center capital expenditures are reaching record highs. A significant portion of data center spending is allocated to equipping them with Nvidia GPUs. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has been an excellent stock to own over the past few years, as the company has gained the status of having the largest market capitalization in the world. However, given the stock's impressive performance, many investors are likely wondering if there's still room for Nvidia to run. After all, the stock has risen by around 1,000% since the start of 2023. Is investing $10,000 in Nvidia right now a waste of money? Or is it a brilliant investment decision? I think the answer is clear, and there's one long-term trend that guides that conclusion. Nvidia manufactures graphics processing units (GPUs), which are specialized computing devices that can perform multiple calculations in parallel. GPUs were originally designed to process gaming graphics -- some of the most arduous workloads computers saw almost three decades ago. They excelled in this area, but quickly found other uses such as engineering simulations, cryptocurrency mining, and drug discovery. Still, their biggest use case has just emerged: AI training. GPUs can handle a wide range of workloads and process them efficiently, making them ideal for feeding various datasets to train an AI model. Additionally, GPUs can be connected in clusters to amplify computing power, a strategy that AI hyperscalers have taken to the extreme by building AI training clusters with 100,000 or more GPUs. Nvidia dominates the GPU market with a 90% market share. This dominance has enabled it to charge a premium price for its product, resulting in profits that far outpace revenue growth. This combination has enabled Nvidia's stock to soar since the AI revolution began in 2023. But is there more upside? We've yet to scratch the surface of what an AI-first business environment looks like. As a result, the AI hyperscalers are building data centers at an unprecedented rate to meet the demand. Every AI hyperscaler has announced record capital expenditures for 2025, with most of that money being allocated to data centers. Although this spending may be earmarked for 2025, building a data center is a multiyear process, so we can expect record capital expenditures to continue for the next few years. This directly aligns with a third-party market study that Nvidia cited during its 2025 GTC event, which projected global capital expenditures on data centers to rise from $400 billion in 2024 to $1 trillion by 2028. In 2024, Nvidia generated $115 billion in revenue from its data center division, which earns it a healthy slice of the data center capital expenditure pie. If Nvidia can maintain its market share within the data center space, it could generate nearly $300 billion in revenue from data centers alone. Considering that Nvidia's trailing-12-month revenue total is just shy of $150 billion, this indicates a significant amount of upside remains in Nvidia's stock. Although it has been a top performer for multiple years, Nvidia has earned that title. Additionally, there is plenty of growth left in the pipeline to continue fueling Nvidia's rise. While it is unlikely to return another 1,000% from here, I believe there is still sufficient growth potential in the data center space, allowing for market-beating returns to be achieved. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia 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 $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keithen Drury has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Should You Invest $10,000 in Nvidia Stock Right Now? was originally published by The Motley Fool 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
