Latest news with #export
Yahoo
2 hours ago
- Business
- Yahoo
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
Yahoo
7 hours ago
- Business
- Yahoo
AMD Q2 Earnings Preview: What to Expect From Upcoming Report
July 28 - Advanced Micro Devices will unveil its Q2 FY2025 earnings on August 5, after markets close. Investors look for fresh guidance on revenue, margins and export?license impacts as AMD's data?center unit captures growing hyperscaler demand. Analysts forecast that AMD will post Q2 2025 earnings of $0.48 per share, about 30% lower than a year ago, while revenue is projected to rise 27% to $7.41 billion. Warning! GuruFocus has detected 5 Warning Signs with AMD. In Q1, AMD posted $7.44 billion in sales, up 36% year?over?year, and non?GAAP EPS of $0.96, a 55% increase that beat consensus by nearly 4.5% and 2.8%, respectively. Adjusted gross margin reached 54%, while EBIT margin held at 24%, underscoring significant operational leverage. The Data?Center segment led growth, generating $3.7 billion, up 57%, driven by strong adoption of fifth?gen EPYC Turin processors and Instinct GPU accelerators. AMD notes over 30 new cloud instances from Alibaba, Amazon Web Services, Google Cloud, Oracle and Tencent. Client & Gaming revenue climbed 28% to $2.9 billion, supported by high?end Ryzen CPUs, while Embedded sales edged down 3% to $823 million. Looking ahead, management likely will address export?license delays. AMD previously warned of a $1.5 billion hit to full?year sales due to export restrictions; pending approvals could restore up to $700 million in near?term revenue. CEO Lisa Su told Reuters that AI infrastructure ranks as the company's top priority, a view reinforced by the recent ZT Systems acquisition to bolster rack?scale solutions. Several analysts also remain bullish in spite of certain doubts on margin pressure. They cite AMD's success in beating their revenue targets and anticipate top-line beat, even as EPS growth may moderate. As the demand for data centers and AI continues to climb, AMD seems to put its foot firmly into its server-CPU share gains next week. 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
National Post
8 hours ago
- Business
- National Post
Australia lifts 22-year ban on Canadian beef after herds declared free of 'mad cow disease'
Article content The Australian market for Canadian beef has reopened after that country lifted a 22-year-old ban on Canada's beef products, according to the Canadian Food Inspection Agency (CFIA). Article content Article content Regaining access to the Australian market offers economic potential for Canadian farmers and processors, says the CFIA. 'By opening access to premium markets like Australia, Canadian producers can increase exports, generating new revenue streams.' Article content The door to the Australian market was closed in 2003, due to the discovery of bovine spongiform encephalopathy (BSE) in Canada. Commonly known as 'mad cow disease,' BSE is fatal among beef herds and has been linked to Variant Creutzfeldt-Jakob disease in humans, when consumed. That disease is also fatal, according to the U.S. Centres for Disease Control. Article content Article content The Canadian Cattle Association celebrated the news. In a press release issued on Tuesday, the association said it 'is pleased to see Australia, one of the last remaining countries to have maintained bovine spongiform encephalopathy (BSE) restrictions, complete their risk assessment and open their market for Canadian beef.' Article content Article content CCA President Tyler Fulton was quoted as saying: 'Canadian beef farmers and ranchers are proud to produce the highest quality and safest beef in the world. As the demand for Canadian beef around the world continues to grow, we look forward to every new market opportunity.' Article content Article content 'Canada is known around the world for producing top-quality beef,' says Heath MacDonald, Minister of Agriculture and Agri-Food. 'Strengthening our trade ties with Australia—one of our key partners in the Indo-Pacific — means more opportunities for Canadian farmers and processors to grow their businesses, create good jobs, and build up our economy.' Article content Article content
Yahoo
9 hours ago
- Business
- Yahoo
Breaking: Nvidia H20 Chips Gain U.S. Approval for China Deployment
July 30 - Nvidia (NASDAQ:NVDA) got the major breakthrough on Wednesday after White House adviser Kevin Hassett said the Trump administration let the H20 AI chips ship to China. Hassett noted that allowing exports helps maintain America's lead in advanced chip development. He warned that blocking sales could push China to develop its own high?end processors. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Two weeks ago, Nvidia said it filed for licenses to resume H20 GPU shipments and expects approvals soon. The H20 remains its most powerful China?bound chip, though it carries lower performance than versions sold elsewhere under earlier export curbs. Some analysts view the move as a tactical trade?off to protect U.S. market share and technical know?how. Domestic rivals like Huawei have ramped up their own designs and could leapfrog if U.S. firms lose access. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Jordan Times
10 hours ago
- Business
- Jordan Times
Turkey to begin supplying Azeri gas to Syria from Saturday — minister
ISTANBUL — Turkey will start exporting natural gas from Azerbaijan to Syria from Saturday, the energy minister said on Wednesday. Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the country's infrastructure and economy after almost 14 years of civil war. The conflict badly damaged Syria's power infrastructure, leading to cuts that can last for more than 20 hours a day. "We will start exporting natural gas from Azerbaijan to Aleppo via Kilis", a province in southernmost Turkey near the Syrian border, Energy Minister AlparslanBayraktar said. In May, Syrian Energy Minister Mohammad al-Bashir said Damascus and Ankara had reached a deal for Turkey to supply natural gas to the war-torn country via a pipeline in the north. Gas-rich Azerbaijan is a historic ally of Turkey which maintains close ties with the Syrian transitional government.
