Latest news with #semiconductors
Bloomberg
4 hours ago
- Business
- Bloomberg
China Chip Curb Revisions Could Preview More Rare Earths Trade
Anna Ashton, a former China analyst with the Defense Department, says the administration's reversal on sales of some semiconductors to China and other rollbacks of export controls may indicate an increase in willingness to deal in rare earth minerals between the US and China. (Source: Bloomberg)
The Guardian
7 hours ago
- Automotive
- The Guardian
Trump permits Nvidia to sell advanced chips in China, CEO says
Nvidia's CEO, Jensen Huang, says the chipmaker has won approval from the Trump administration to sell its advanced computer chips used to develop artificial intelligence to China. 'Today, I'm announcing that the US government has approved for us filing licenses to start shipping H20s,' Huang told reporters in Beijing. The news came in a company blog post late on Monday. 'The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,' the post said. Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. Chinese buyers have lined up to buy the semiconductors in response to the news, according to early reports. 'It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market,' he said. He noted that half of the world's AI researchers are in China. Huang recently met with Donald Trump and other US policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed the executive meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4tn last week. However, the trade rivalry between the US and China has been weighing heavily on the company and the industry writ large. Sign up to TechScape A weekly dive in to how technology is shaping our lives after newsletter promotion Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that knowhow meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities that would compete with those from the US. In January, before Trump began his second term in office, the Biden administration launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. Then in April, Trump's White House announced that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5bn, and Huang and other technology leaders have been lobbying Trump to reverse the restrictions. They argue that such limits hinder US competition in a leading-edge sector in one of the world's largest markets for technology. They've also warned that US export controls could end up pushing other countries toward China's AI technology.
The Guardian
8 hours ago
- Automotive
- The Guardian
Trump permits Nvidia to sell advanced chips in China, CEO says
Nvidia's CEO, Jensen Huang, says the chipmaker has won approval from the Trump administration to sell its advanced computer chips used to develop artificial intelligence to China. 'Today, I'm announcing that the US government has approved for us filing licenses to start shipping H20s,' Huang told reporters in Beijing. The news came in a company blog post late on Monday. 'The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,' the post said. Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. Chinese buyers have lined up to buy the semiconductors in response to the news, according to early reports. 'It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market,' he said. He noted that half of the world's AI researchers are in China. Huang recently met with Donald Trump and other US policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed the executive meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4tn last week. However, the trade rivalry between the US and China has been weighing heavily on the company and the industry writ large. Sign up to TechScape A weekly dive in to how technology is shaping our lives after newsletter promotion Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that knowhow meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities that would compete with those from the US. In January, before Trump began his second term in office, the Biden administration launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. Then in April, Trump's White House announced that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5bn, and Huang and other technology leaders have been lobbying Trump to reverse the restrictions. They argue that such limits hinder US competition in a leading-edge sector in one of the world's largest markets for technology. They've also warned that US export controls could end up pushing other countries toward China's AI technology.
Malay Mail
11 hours ago
- Automotive
- Malay Mail
Nvidia says it will resume sales of ‘H20' AI chips to China
BEIJING, July 15 — US tech giant Nvidia said today it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing to concerns that Beijing could use them to boost its military capabilities. It developed the H20 -- a less powerful version of its AI processing units—specifically for export to China, although that plan hit the skids when the Trump administration firmed up export licence requirements in April. The company said in a statement today that it was 'filing applications to sell the Nvidia H20 GPU again'. 'The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon,' the statement said. Nvidia CEO Jensen Huang said in a video published by Chinese state broadcaster CCTV today that 'the US government has approved for us (to file) licences to start shipping H20s, and so we will start to sell H20s to the Chinese market'. 'I'm looking forward to shipping H20s very soon, and so I'm very happy with that very, very good news,' Huang, wearing his trademark black leather jacket, told a group of reporters. Zhang Guobin, founder of the Chinese specialist website said the resumption would 'bring (Nvidia) substantial revenue growth, making up for the losses caused by the previous ban'. It would also ease the impact of trade frictions on the global supply chain for semiconductors, he told AFP. But he said Chinese firms would remain focused on domestic chip development, adding that 'the Trump administration has been... prone to abrupt policy shifts, making it difficult to gauge how long such an opening might endure'. Huang will attend a major supply chain gathering tomorrow, the event organiser confirmed to AFP. It will be his third trip to China this year, according to CCTV. 'Positive role' China is a crucial market for Nvidia but in recent years the US export squeeze has left it battling tougher competition from local players such as homegrown champion Huawei. Beijing has decried Washington's curbs as unfair and designed to hinder its development. Huang, an electrical engineer, told Chinese Vice Premier He Lifeng on a visit to Beijing in April that he 'looked favourably upon the potential of the Chinese economy', according to state news agency Xinhua. He said he was 'willing to continue to plough deeply into the Chinese market and play a positive role in promoting US-China trade cooperation', Xinhua reported. The tightened US export curbs have come as China's economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for China to become more self-reliant as uncertainty in the external environment increases. The Financial Times reported in May that Nvidia was planning to build a research and development centre in Shanghai. Neither Nvidia nor the city's authorities confirmed the project to AFP at the time. China's economy grew 5.2 per cent in the second quarter of the year, official data showed today, after analysts predicted strong exports despite trade war pressures. — AFP
Yahoo
12 hours ago
- Business
- Yahoo
3 Tech Stocks You Can Buy and Hold for the Next Decade
ASML is a tech stock with a wide moat, as it's the only company that manufactures EUV lithography systems. Taiwan Semiconductor Manufacturing expects revenue to increase at a 20% CAGR, and the chipmaker is building new production facilities around the world. The Trade Desk helps advertisers get more bang from their buck with its AI-powered Kokai platform. 10 stocks we like better than ASML › The tech sector has bounced back from the stock market chaos in April. The Nasdaq Composite is up 7% on the year, and many of the biggest tech companies are at or near all-time highs, including market leader Nvidia, as well as Microsoft and Meta Platforms. Those are all quality companies, but they're far from the only good long-term investments in this market sector. Let's check out a few other tech stocks that should excel over the next decade. Semiconductor companies are a crucial part of the artificial intelligence (AI) boom. ASML (NASDAQ: ASML) supports the industry with the lithography equipment needed to manufacture semiconductors. This equipment uses light to transfer patterns onto a semiconductor's silicone wafer. The company's most advanced products are its extreme ultraviolet (EUV) lithography systems that are used for AI chips. ASML is also the only company to manufacture EUV lithography systems right now, and because of how complex these machines are, it's not a market a competitor could enter overnight. The biggest threat to ASML in this regard is China, which is investing in its own domestic EUV lithography machines. It's a valid concern, but making a commercially viable machine that matches the quality ASML offers could take several years or longer. ASML stock has fallen 25% over the past year as its earnings reports have been hit or miss. That's not unusual for its business model, though. The company sells extremely expensive products (EUV lithography machines start at $220 million) and doesn't move a high volume. Trading at a forward price-to-earnings (P/E) ratio of 29, ASML isn't overly expensive, and leadership is expecting 2025 and 2026 to be growth years based on conversations with its customers. The current dip gives new investors the chance to buy a wide-moat business at a fair price. Speaking of semiconductor companies, Taiwan Semiconductor Manufacturing (NYSE: TSM), or TSMC, is another business with a dominant market position. TSMC is the world's top semiconductor foundry, with a nearly 68% market share. Many leading tech companies, including Nvidia, Apple, and Advanced Micro Devices, rely on TSMC to make their chips. There's no shortage of reasons to be bullish on TSMC. Revenue and net income have both grown considerably -- up 134% and 110% over the past five years, respectively. Management projections are for revenue to increase at a 20% compound annual growth rate through 2029. TSMC's growth prospects also look promising because of its ambitious expansion plans. It's working on nine new production facilities this year in Taiwan, the U.S., Japan, and Germany. You don't need to pay a premium for this semiconductor stock, either. It's trading at a forward P/E ratio of 24, less than the Nasdaq-100. Given that semiconductors are an essential component of all kinds of technology, as well as the excellent revenue projections for TSMC, I'd say the current price is a bargain. The Trade Desk (NASDAQ: TTD) is a different type of AI stock than the first two companies on this list. Its business is advertising, and specifically, it's a demand-side platform (DSP). A DSP is a software that connects advertisers with digital companies that have ad space. Advertisers upload their ads and set a budget, companies with ad space put in their bid requests, and The Trade Desk's software acts as the middleman between the two. In 2023, The Trade Desk launched Kokai, a platform with AI tools to help advertisers with budget allocation, bid strategy, and audience targeting. According to the company's data analysis, campaigns on Kokai have delivered a 43% lower cost per unique household, 24% lower cost per click, and 27% lower cost per action on average. The Trade Desk's share price plummeted after it missed revenue expectations for the fourth quarter of last year. It's currently down 36% on the year, but that's arguably an overreaction. This was the first time The Trade Desk missed guidance in eight years, and it returned to form in the first quarter of 2025. Revenue grew 25% to $616 million and net income grew 8% to $51 million. Shares have never been cheap, and even after the recent downturn, The Trade Desk is trading at a forward P/E ratio of 41. But advertising is a rapidly growing industry, especially digital ads. Precedence Research forecasts that global digital ad spend will grow from $650 billion in 2025 to about $1.5 trillion in 2034. If you're looking for high-growth stocks, consider buying some shares. Before you buy stock in ASML, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and ASML 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 14, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Lyle Daly has positions in ASML, Nvidia, and The Trade Desk. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, Apple, Meta Platforms, Microsoft, Nvidia, Taiwan Semiconductor Manufacturing, and The Trade Desk. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 3 Tech Stocks You Can Buy and Hold for the Next Decade was originally published by The Motley Fool
