Investors zero in on NVIDIA results
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NVIDIA Readies New China Chip
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The annual HotChips conference starts this Sunday, Aug. 24, in San Francisco. Nvidia is scheduled to present six sessions covering topics of interest to AI data center users and operators and will make several key announcements I’ll cover in this article. (Like most AI semiconductor-related companies, Nvidia is a client of Cambrian-AI Research.)
19hon MSN
Nvidia halts H20 chip production as China clamps down on orders, citing alleged security risks
Nvidia shares slipped 1.1% in early trading as Wall Street digested the latest blow to its China business, which pulled in $17 billion last year.
CNBC’s Kristina Partsinevelos joins 'Money Movers' to discuss Nvidia's revenue decline from China as the company is squeezed by the U.S. and China.
Nvidia ( NVDA) bulls are stampeding over themselves heading into the chip darling’s Aug. 27 earnings report. At least nine analysts have hiked their Nvidia price targets this week. The average Street price target on Nvidia now stands at $191, according to Yahoo Finance data, about 10% above current share price.
Nvidia Corp. ordenó a sus proveedores de componentes, entre los que se incluyen Samsung Electronics Co. y Amkor Technology Inc., que detengan la producción relacionada con el chip H20 AI, según informó The Information citando fuentes no identificadas.
Just because it's already the biggest company in the world by market cap doesn't mean the GPU leader doesn't have a lot of room to grow.
The nuance here is that the dot-com bubble was defined by abundance — too many companies, too much capital, and too many competing investment ideas. Meanwhile AI, at least so far, offers a story of scarcity built almost entirely on a single company.
Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.