WealthBuilder personal page - To The Moon

WealthBuilder

WealthBuilder

No personal profile

1Follow

6Followers

0Topic

0Badge

07-04

Not very smart. I would sell Tesla and all into Nvidia and TSM

Sorry, the original content has been removed

06-27

500

Can Broadcom Stock Hit $400 in 2025?

06-17

People usually talk shit after selling . He sold all Nvidia and TSM in Q1, then Q2 we see both rallied, smart Hedge Fund Manager ?

Hedge Fund Up 42% Last Year Offloads Its Biggest Winner Nvidia

06-13

Don't need a Pro to know it is overpriced

Sorry, the original content has been removed

06-11

All in . Buy Buy Buy Nvidia

Sorry, the original content has been removed

05-29

Could have been much better. Why shoot your own foot restricting sales thinking you are the only country capable of producing AI Chip . Maybe for now but not forever

Nvidia Shares Rise 5.6% As Sales Hit From China Export Curbs Not As Bad As Feared

05-29

He will fire all Judges

US Court Blocks Trump's "Liberation Day" Tariffs; Nasdaq Futures up 1.5%; Nvidia Soars 5%; Tesla, AMD up 2%

05-29

Musk needs to continue to be politician . I enjoyed watching him on stage with chainsa, would be nice to see him on stage again with Bulldozer or something bigger

Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End

05-27

As I said few weeks ago ... All in

Markets Have About $7 Trillion in Firepower Into Nvidia Earnings

05-27

Good Article

The Shift Inside AMD No One Sees

05-26

Rubbish

Sorry, the original content has been removed

05-25

Why would customers want to buy a more inferior product

Nvidia To Launch Cheaper Blackwell AI Chip For China After US Export Curbs, Sources Say

05-25

I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price

Nvidia CEO Calls Trump Re-Industrialisation Policies "Visionary"

05-21

Nvidia is the King AI Winner. Full Stop

05-20

American think only they know how to make Chip

Sorry, the original content has been removed

05-18

Good choice . Singapore is a friendly country

Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War

05-16

Going to the Moon

Nvidia Shares Roar Back as Clouds Hanging Over Chipmaker Fade

05-14

Suddenly Trump has become my Hero

Sorry, the original content has been removed

05-14

Above 100 MA price now, going to the Moon

History Says Now Is the Time to Buy Nvidia Stock

05-12

All in !

Should You Buy Nvidia Before May 19?

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4171803256903022","uuid":"4171803256903022","gmtCreate":1709134816513,"gmtModify":1734256139981,"name":"WealthBuilder","pinyin":"wealthbuilder","introduction":"","introductionEn":"","signature":"","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":6,"headSize":1,"tweetSize":134,"questionSize":0,"limitLevel":999,"accountStatus":1,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.07.17","exceedPercentage":"93.71%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.07.13","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.06.10","exceedPercentage":"93.80%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.23","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":6,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":453032153378904,"gmtCreate":1751625646535,"gmtModify":1751625651434,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Not very smart. I would sell Tesla and all into Nvidia and TSM","listText":"Not very smart. I would sell Tesla and all into Nvidia and TSM","text":"Not very smart. I would sell Tesla and all into Nvidia and TSM","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/453032153378904","repostId":"2548015098","repostType":2,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":450517040185576,"gmtCreate":1751014940129,"gmtModify":1751014943368,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"500","listText":"500","text":"500","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/450517040185576","repostId":"1119534186","repostType":2,"repost":{"id":"1119534186","kind":"news","pubTimestamp":1751002064,"share":"https://ttm.financial/m/news/1119534186?lang=&edition=full_marsco","pubTime":"2025-06-27 13:27","market":"us","language":"en","title":"Can Broadcom Stock Hit $400 in 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=1119534186","media":"Barchart","summary":"Chip giant $Broadcom$ doesn’t always make the front page when the artificial intelligence  conversation kicks off. Instead, companies like Nvidia  tend to dominate the headlines. But Broadcom has quietly and steadily become a key player behind the curtain. As AI reshapes everything from cloud infrastructure to autonomous vehicles, Broadcom’s influence is proving to be anything but background noise.Now sitting comfortably in the trillion-dollar club, Broadcom’s strength lies in its highly special","content":"<html><head></head><body><p>Chip giant <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> doesn’t always make the front page when the artificial intelligence (AI) conversation kicks off. Instead, companies like Nvidia (NVDA) tend to dominate the headlines. But Broadcom has quietly and steadily become a key player behind the curtain. As AI reshapes everything from cloud infrastructure to autonomous vehicles, Broadcom’s influence is proving to be anything but background noise.</p><p style=\"text-align: start;\">Now sitting comfortably in the trillion-dollar club, Broadcom’s strength lies in its highly specialized application-specific integrated circuits (ASICs), which power the custom AI chips used by tech leaders like Alphabet and Meta. These ASICs form the backbone of modern data centers, enabling the intense computational workloads required for cutting-edge AI models.</p><p>In fact, Broadcom has recently stepped into the spotlight. This time, it&#39;s thanks to a bold new Street-high price target of $400 from HSBC, signaling strong conviction in the company’s long-term growth. Could Broadcom actually hit that mark before year-end?</p><h2 id=\"id_2835905202\" style=\"text-align: start;\">About Broadcom Stock</h2><p style=\"text-align: start;\">Based in Palo Alto, California, Broadcom spans semiconductors, enterprise software, and cybersecurity, offering a broad portfolio that supports critical technology infrastructure. Its solutions are found across cloud platforms, data centers, wireless networks, and connected devices, playing a behind-the-scenes role in keeping digital systems up and running.</p><p style=\"text-align: start;\">With a market capitalization hovering around $1.2 trillion, Broadcom has shown impressive strength in 2025, managing to outperform despite broader market choppiness. While the S&amp;P 500 Index has gained a modest 3.5% year-to-date (YTD), AVGO stock has surged with a 14% YTD climb.</p><p style=\"text-align: start;\">The real momentum, however, has come in recent months. Shares have surged 40% over the past three months alone, fueled by rising demand for AI infrastructure and investor optimism. Looking over the past year, Broadcom’s 67% return dwarfs the S&amp;P 500’s 11% gain, highlighting just how sharply the chip giant has broken away from the pack.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3276e3addc57d5e5fecb8f3c039ea4ff\" alt=\"www.barchart.com\" title=\"www.barchart.com\" tg-width=\"940\" tg-height=\"624\"/><span>www.barchart.com</span></p><h2 id=\"id_4152983537\" style=\"text-align: start;\">Inside Broadcom’s Q2 Earnings Report</h2><p style=\"text-align: start;\">In its fiscal 2025 second-quarter earnings report released on June 5, Broadcom delivered a standout performance. The firm posted revenue of $15 billion, narrowly beating estimates of $14.95 billion and marking a strong 20% year-over-year (YOY) increase. The growth was fueled by soaring demand for AI semiconductors, while contributions from VMware added an extra boost to the top line, reinforcing Broadcom’s expanding footprint across both hardware and software.</p><p style=\"text-align: start;\">Broadcom’s semiconductor segment pulled in $8.4 billion in the quarter, up 17% from the same period last year. AI semiconductor revenue alone reached $4.4 billion, marking a sharp 46% YOY increase. Broadcom’s software segment, which includes VMware, also delivered a strong performance with sales climbing 25% YOY to $6.6 billion.</p><p style=\"text-align: start;\">On the profitability front, Broadcom reported adjusted EPS of $1.58, up more than 43% YOY and slightly ahead of the $1.57 per share expected by analysts. Adjusted EBITDA also surged 35% YOY, reaching $10 billion. At the close of the fiscal quarter, Broadcom held $9.47 billion in cash and cash equivalents, ticking up from $9.31 billion in the prior quarter and signaling steady liquidity levels.</p><p style=\"text-align: start;\">While reflecting on the Q2 performance, CEO Hock Tan noted that Broadcom is targeting $5.1 billion in AI chip sales for the third quarter, with strong support from its hyperscale partners who are continuing to invest heavily. Tan also signaled that the company’s AI momentum is expected to carry well into fiscal 2026.</p><p style=\"text-align: start;\">Looking ahead to Q3, the company is guiding for revenue of approximately $15.8 billion, signaling continued strength across both its semiconductor and software segments. On the profitability side, Broadcom projects adjusted EBITDA to be at least 66% of the forecast revenue figure. </p><h2 id=\"id_513457280\" style=\"text-align: start;\">What Do Analysts Think About Broadcom Stock?</h2><p style=\"text-align: start;\">Broadcom shares popped nearly 4% on June 24 after HSBC took a bullish stance, upgrading AVGO stock to “Buy” from “Hold” and setting a new price target of $400. The investment firm sees Broadcom as a major beneficiary of rising investment from hyperscalers in custom AI chips, with demand expected to grow over the next few years. HSBC believes Broadcom’s potential in this space is still underappreciated and could drive significant upside as the market shifts toward more advanced, higher-value ASIC projects.</p><p style=\"text-align: start;\">Broadcom continues to enjoy strong backing on Wall Street, with analysts firmly united behind a “Strong Buy” consensus rating. Of the 35 analysts offering recommendations, 31 analysts give it a solid “Strong Buy&#34; rating, one suggests a “Moderate Buy,” and the remaining three advocate for “Hold.” </p><p style=\"text-align: start;\">AVGO stock’s average analyst price target of $288 indicates only 9% potential upside from current price levels. However, HSBC’s ambitious target of $400 suggests that the stock can rally as much as 51% from here.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ebdd16e0b2fcfc4a9f8e9246be6e1f76\" alt=\"www.barchart.com\" title=\"www.barchart.com\" tg-width=\"940\" tg-height=\"562\"/><span>www.barchart.com</span></p><p></p></body></html>","source":"barchart_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Broadcom Stock Hit $400 in 2025?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Broadcom Stock Hit $400 in 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-27 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barchart.com/story/news/33068839/can-broadcom-stock-hit-400-in-2025><strong>Barchart</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chip giant Broadcom doesn’t always make the front page when the artificial intelligence (AI) conversation kicks off. Instead, companies like Nvidia (NVDA) tend to dominate the headlines. But Broadcom ...</p>\n\n<a href=\"https://www.barchart.com/story/news/33068839/can-broadcom-stock-hit-400-in-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barchart.com/story/news/33068839/can-broadcom-stock-hit-400-in-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119534186","content_text":"Chip giant Broadcom doesn’t always make the front page when the artificial intelligence (AI) conversation kicks off. Instead, companies like Nvidia (NVDA) tend to dominate the headlines. But Broadcom has quietly and steadily become a key player behind the curtain. As AI reshapes everything from cloud infrastructure to autonomous vehicles, Broadcom’s influence is proving to be anything but background noise.Now sitting comfortably in the trillion-dollar club, Broadcom’s strength lies in its highly specialized application-specific integrated circuits (ASICs), which power the custom AI chips used by tech leaders like Alphabet and Meta. These ASICs form the backbone of modern data centers, enabling the intense computational workloads required for cutting-edge AI models.In fact, Broadcom has recently stepped into the spotlight. This time, it's thanks to a bold new Street-high price target of $400 from HSBC, signaling strong conviction in the company’s long-term growth. Could Broadcom actually hit that mark before year-end?About Broadcom StockBased in Palo Alto, California, Broadcom spans semiconductors, enterprise software, and cybersecurity, offering a broad portfolio that supports critical technology infrastructure. Its solutions are found across cloud platforms, data centers, wireless networks, and connected devices, playing a behind-the-scenes role in keeping digital systems up and running.With a market capitalization hovering around $1.2 trillion, Broadcom has shown impressive strength in 2025, managing to outperform despite broader market choppiness. While the S&P 500 Index has gained a modest 3.5% year-to-date (YTD), AVGO stock has surged with a 14% YTD climb.The real momentum, however, has come in recent months. Shares have surged 40% over the past three months alone, fueled by rising demand for AI infrastructure and investor optimism. Looking over the past year, Broadcom’s 67% return dwarfs the S&P 500’s 11% gain, highlighting just how sharply the chip giant has broken away from the pack.www.barchart.comInside Broadcom’s Q2 Earnings ReportIn its fiscal 2025 second-quarter earnings report released on June 5, Broadcom delivered a standout performance. The firm posted revenue of $15 billion, narrowly beating estimates of $14.95 billion and marking a strong 20% year-over-year (YOY) increase. The growth was fueled by soaring demand for AI semiconductors, while contributions from VMware added an extra boost to the top line, reinforcing Broadcom’s expanding footprint across both hardware and software.Broadcom’s semiconductor segment pulled in $8.4 billion in the quarter, up 17% from the same period last year. AI semiconductor revenue alone reached $4.4 billion, marking a sharp 46% YOY increase. Broadcom’s software segment, which includes VMware, also delivered a strong performance with sales climbing 25% YOY to $6.6 billion.On the profitability front, Broadcom reported adjusted EPS of $1.58, up more than 43% YOY and slightly ahead of the $1.57 per share expected by analysts. Adjusted EBITDA also surged 35% YOY, reaching $10 billion. At the close of the fiscal quarter, Broadcom held $9.47 billion in cash and cash equivalents, ticking up from $9.31 billion in the prior quarter and signaling steady liquidity levels.While reflecting on the Q2 performance, CEO Hock Tan noted that Broadcom is targeting $5.1 billion in AI chip sales for the third quarter, with strong support from its hyperscale partners who are continuing to invest heavily. Tan also signaled that the company’s AI momentum is expected to carry well into fiscal 2026.Looking ahead to Q3, the company is guiding for revenue of approximately $15.8 billion, signaling continued strength across both its semiconductor and software segments. On the profitability side, Broadcom projects adjusted EBITDA to be at least 66% of the forecast revenue figure. What Do Analysts Think About Broadcom Stock?Broadcom shares popped nearly 4% on June 24 after HSBC took a bullish stance, upgrading AVGO stock to “Buy” from “Hold” and setting a new price target of $400. The investment firm sees Broadcom as a major beneficiary of rising investment from hyperscalers in custom AI chips, with demand expected to grow over the next few years. HSBC believes Broadcom’s potential in this space is still underappreciated and could drive significant upside as the market shifts toward more advanced, higher-value ASIC projects.Broadcom continues to enjoy strong backing on Wall Street, with analysts firmly united behind a “Strong Buy” consensus rating. Of the 35 analysts offering recommendations, 31 analysts give it a solid “Strong Buy\" rating, one suggests a “Moderate Buy,” and the remaining three advocate for “Hold.” AVGO stock’s average analyst price target of $288 indicates only 9% potential upside from current price levels. However, HSBC’s ambitious target of $400 suggests that the stock can rally as much as 51% from here.www.barchart.com","news_type":1,"symbols_score_info":{"AVGO":1.1}},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":446937485635632,"gmtCreate":1750136838861,"gmtModify":1750137460386,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"People usually talk shit after selling . He sold all Nvidia&nbsp;and TSM in Q1, then Q2 we see both rallied, smart Hedge Fund Manager ?","listText":"People usually talk shit after selling . He sold all Nvidia&nbsp;and TSM in Q1, then Q2 we see both rallied, smart Hedge Fund Manager ?","text":"People usually talk shit after selling . He sold all Nvidia and TSM in Q1, then Q2 we see both rallied, smart Hedge Fund Manager ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/446937485635632","repostId":"1173317982","repostType":2,"repost":{"id":"1173317982","kind":"news","pubTimestamp":1750131709,"share":"https://ttm.financial/m/news/1173317982?lang=&edition=full_marsco","pubTime":"2025-06-17 11:41","market":"us","language":"en","title":"Hedge Fund Up 42% Last Year Offloads Its Biggest Winner Nvidia","url":"https://stock-news.laohu8.com/highlight/detail?id=1173317982","media":"Bloomberg","summary":"Hedge fund founder Jonah Cheng calls $Nvidia Corp.(NVDA)$ the best pick of his career. But he has now sold the last of his shares in the company, expressing doubts about the outlook for the $3.5 trill","content":"<html><head></head><body><p>Hedge fund founder Jonah Cheng calls <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp.</a> the best pick of his career. But he has now sold the last of his shares in the company, expressing doubts about the outlook for the $3.5 trillion chipmaker.</p><p style=\"text-align: start;\">The former UBS Group AG analyst, whose tech-focused fund generated returns of 42% last year, was among the investors who rode Nvidia’s breakneck rise over the past decade. It was one of the first stocks he bought when he set up the Captain Global Fund in 2016, and he has reinvested multiple times since then.</p><p style=\"text-align: start;\">Now, he’s not so sure.</p><p style=\"text-align: start;\">Cheng sold his Nvidia shares in the first quarter, based on worries about delays connected to its GB200 racks. He points to inventory risks, a lack of upward revisions to earnings forecasts, competition from custom-designed chips and wider questions about the pace of spending from cloud computing companies as reasons he is avoiding the stock.</p><p style=\"text-align: start;\">“I really like Nvidia, which is the stock that helped me make the most money in my life,” said Cheng, whose fund has around $100 million of assets under management. “But when I need to sell, I need to sell. You can’t fall in love with a stock.”</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c39512547905a852a9e0afc60fbde273\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p style=\"text-align: start;\">Nvidia’s shares have jumped more than 1,400% over the past five years, and it remains overwhelmingly favored by analysts. But a few skeptics are emerging. Seaport Global Securities gave the stock a rare sell rating on April 30, pointing to the odds of slowing AI budgets in 2026. Michael Burry, famous for his ‘big short’ against the US housing market, loaded up on bearish options on Nvidia earlier this year, although that may have been a hedge.</p><p style=\"text-align: start;\">Still, the Santa Clara, California-based chipmaker is a hard stock to bet against. Although Nvidia tumbled in the first quarter as surprising progress from China’s DeepSeek roiled tech stocks, it has now recouped all of its losses to trade up around 6% this year, based on Friday’s close. Signs of a detente between China and the US have helped, easing one of the biggest headaches for global chipmakers.</p><p style=\"text-align: start;\">Cheng, a star chip sector analyst at UBS before he became a hedge fund manager, said he hasn’t become a long-term bear on Nvidia. He would still buy the stock if the company revised its earnings outlook higher, and says he hasn’t taken a short position on Nvidia.</p><p style=\"text-align: start;\">Cheng also sold his shares in <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing Co.</a>, the world’s largest contract chipmaker, in late 2024. He cited geopolitical risks, as well as the lack of visibility about spending plans from cloud service providers.</p><p style=\"text-align: start;\">He currently favors smaller companies that supply to the tech giants. Among his top picks: AI server makers Celestica Inc. and Wiwynn Corp., cooling product manufacturer Asia Vital Components Co. and cable maker Credo Technology Group Holding Ltd.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge Fund Up 42% Last Year Offloads Its Biggest Winner Nvidia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHedge Fund Up 42% Last Year Offloads Its Biggest Winner Nvidia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-17 11:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-06-16/hedge-fund-up-42-last-year-offloads-its-biggest-winner-nvidia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund founder Jonah Cheng calls Nvidia Corp. the best pick of his career. But he has now sold the last of his shares in the company, expressing doubts about the outlook for the $3.5 trillion ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-06-16/hedge-fund-up-42-last-year-offloads-its-biggest-winner-nvidia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","TSM":"台积电"},"source_url":"https://www.bloomberg.com/news/articles/2025-06-16/hedge-fund-up-42-last-year-offloads-its-biggest-winner-nvidia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173317982","content_text":"Hedge fund founder Jonah Cheng calls Nvidia Corp. the best pick of his career. But he has now sold the last of his shares in the company, expressing doubts about the outlook for the $3.5 trillion chipmaker.The former UBS Group AG analyst, whose tech-focused fund generated returns of 42% last year, was among the investors who rode Nvidia’s breakneck rise over the past decade. It was one of the first stocks he bought when he set up the Captain Global Fund in 2016, and he has reinvested multiple times since then.Now, he’s not so sure.Cheng sold his Nvidia shares in the first quarter, based on worries about delays connected to its GB200 racks. He points to inventory risks, a lack of upward revisions to earnings forecasts, competition from custom-designed chips and wider questions about the pace of spending from cloud computing companies as reasons he is avoiding the stock.“I really like Nvidia, which is the stock that helped me make the most money in my life,” said Cheng, whose fund has around $100 million of assets under management. “But when I need to sell, I need to sell. You can’t fall in love with a stock.”Nvidia’s shares have jumped more than 1,400% over the past five years, and it remains overwhelmingly favored by analysts. But a few skeptics are emerging. Seaport Global Securities gave the stock a rare sell rating on April 30, pointing to the odds of slowing AI budgets in 2026. Michael Burry, famous for his ‘big short’ against the US housing market, loaded up on bearish options on Nvidia earlier this year, although that may have been a hedge.Still, the Santa Clara, California-based chipmaker is a hard stock to bet against. Although Nvidia tumbled in the first quarter as surprising progress from China’s DeepSeek roiled tech stocks, it has now recouped all of its losses to trade up around 6% this year, based on Friday’s close. Signs of a detente between China and the US have helped, easing one of the biggest headaches for global chipmakers.Cheng, a star chip sector analyst at UBS before he became a hedge fund manager, said he hasn’t become a long-term bear on Nvidia. He would still buy the stock if the company revised its earnings outlook higher, and says he hasn’t taken a short position on Nvidia.Cheng also sold his shares in Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, in late 2024. He cited geopolitical risks, as well as the lack of visibility about spending plans from cloud service providers.He currently favors smaller companies that supply to the tech giants. Among his top picks: AI server makers Celestica Inc. and Wiwynn Corp., cooling product manufacturer Asia Vital Components Co. and cable maker Credo Technology Group Holding Ltd.","news_type":1,"symbols_score_info":{"NVDA":1.1,"TSM":1.1}},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":445670086037552,"gmtCreate":1749830398292,"gmtModify":1749830402463,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Don't need a Pro to know it is overpriced","listText":"Don't need a Pro to know it is overpriced","text":"Don't need a Pro to know it is overpriced","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/445670086037552","repostId":"2543687908","repostType":2,"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":444901854298128,"gmtCreate":1749636389525,"gmtModify":1749636393282,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"All in . Buy Buy Buy Nvidia","listText":"All in . Buy Buy Buy Nvidia","text":"All in . Buy Buy Buy Nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/444901854298128","repostId":"1150933699","repostType":2,"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":440187767251704,"gmtCreate":1748505906174,"gmtModify":1748505909337,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Could have been much better. Why shoot your own foot restricting sales thinking you are the only country capable of producing AI Chip . Maybe for now but not forever&nbsp;","listText":"Could have been much better. Why shoot your own foot restricting sales thinking you are the only country capable of producing AI Chip . Maybe for now but not forever&nbsp;","text":"Could have been much better. Why shoot your own foot restricting sales thinking you are the only country capable of producing AI Chip . Maybe for now but not forever","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/440187767251704","repostId":"2539171409","repostType":2,"repost":{"id":"2539171409","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748505760,"share":"https://ttm.financial/m/news/2539171409?lang=&edition=full_marsco","pubTime":"2025-05-29 16:02","market":"nz","language":"en","title":"Nvidia Shares Rise 5.6% As Sales Hit From China Export Curbs Not As Bad As Feared","url":"https://stock-news.laohu8.com/highlight/detail?id=2539171409","media":"Reuters","summary":"May 28 (Reuters) - Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs on China exports took effect, but the same restrictions will slice off $8 billi","content":"<html><head></head><body><p>May 28 (Reuters) - Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs on China exports took effect, but the same restrictions will slice off $8 billion in sales from the company&#39;s current quarter, forcing the company to offer a forecast below Wall Street estimates on Wednesday.</p><p>Shares of the world&#39;s most valuable semiconductor firm still rose 5.6% in premarket trading as investors digested news that the hit in the current fiscal second quarter was not as bad as feared, and Nvidia talked up demand for its new Blackwell chips from customers including Microsoft MSFT.O. The stock is relatively flat so far this year, compared with 2024 when the shares nearly tripled in value. Nvidia now faces trade restrictions on what it can sell, and the AI data center market is also maturing.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/22c042d86d5485f57d4fbd5a3762eb59\" tg-width=\"780\" tg-height=\"832\"/></p><p>Washington&#39;s years-long efforts to thwart Beijing&#39;s access to top-of-the-line U.S. technology have resulted in stricter restrictions on the export of Nvidia&#39;s AI chips - stifling the company&#39;s access to one of the largest markets for semiconductors.</p><p>Midway through a conference call with analysts, CEO Jensen Huang made impassioned remarks about U.S.-China policy, saying that Nvidia was at risk of being cut off from China&#39;s massive AI developer base and arguing that China&#39;s chip industry was sophisticated and closing in on the United States&#39; dominance. But he praised U.S. President Donald Trump&#39;s recent move to rescind a so-called AI diffusion rule that would have regulated global flows of U.S. AI chips.</p><p>&#34;President Trump wants America to win. And he also realizes that we&#39;re not the only country in the race,&#34; Huang said.</p><p>Huang told analysts that Nvidia&#39;s Hopper chips could no longer be modified for the Chinese market but did not comment on its Blackwell chips. Reuters has reported that Nvidia is preparing a Blackwell variant for the Chinese market.</p><p>Though unlikely to make up for the loss in Chinese revenue, a spate of new deals that Nvidia signed earlier this month in the Middle East could offer fresh avenues of growth - including the first phases of a 10-square-mile data center site in the United Arab Emirates that could eventually use 5 gigawatts&#39; worth of AI infrastructure. The company has also announced similar deals in Saudi Arabia and Taiwan.</p><p>&#34;We have a line of sight to projects requiring tens of gigawatts of Nvidia AI infrastructure in the not-too-distant future,&#34; Nvidia Chief Financial Officer Colette Kress said on the conference call.</p><p>But in the shorter term, restrictions on China exports will hurt. Kress said data center revenue in that country declined.</p><p>U.S. restrictions on the sale of Nvidia&#39;s H20 chips to China, the only AI processors it could legally export to the country, prompted Nvidia to disclose in April that it expected a $5.5 billion charge, while Huang had in May pegged the revenue impact related to the restrictions at about $15 billion. On Wednesday, Nvidia said the actual first-quarter charge due to the H20 restrictions was $1 billion less than expected because it was able to reuse some materials. It said it lost $2.5 billion in H20 sales in the first quarter and expected to miss $8 billion in the second quarter.</p><p>However, Nvidia also said the H20 brought in $4.6 billion in sales in the first quarter and that China accounted for 12.5% of overall revenue in the first quarter.</p><p>Gil Luria, an analyst with D.A. Davidson, said the overall impact of the H20 restrictions was less than feared.</p><p>&#34;There was a removal of some China revenue from the July quarter guides, but there was also China revenue that was pulled into the first quarter. Chinese buyers were stocking up on H20 ahead of the restrictions, which is what propped up the April quarter,&#34; Luria said.</p><p>Though major cloud companies such as Microsoft MSFT.O and Alphabet GOOGL.O have stood their ground on the billions they have earmarked this year for spending on expanding infrastructure for AI data centers, worries about such spending persist amid rapidly changing global trade policies.</p><p>On an adjusted basis, Nvidia earned 81 cents per share in the first quarter. Analyst estimates varied widely as Wall Street tried to assess the impact of restrictions on some of Nvidia&#39;s chip sales to China.</p><p>Excluding the charges, first-quarter adjusted earnings per share would have been 96 cents.</p><p>According to data compiled by LSEG, the estimate for the company&#39;s adjusted quarterly earnings was 93 cents per share, with 17 analysts providing estimates after April 15 when Nvidia said H20 shipments would require additional licenses.</p><p>Nvidia&#39;s data center segment revenue was $39.1 billion in the first quarter, compared with analyst estimates of $39.3 billion, according to LSEG data.</p><p>The company said it has $29.8 billion in commitments to have its products manufactured, an increase from the year before but down quarter-over-quarter.</p><p>Nvidia, a bellwether of the artificial-intelligence market, expects revenue of $45 billion, plus or minus 2%, in the second quarter, compared with analysts&#39; average estimate of $45.90 billion, according to data compiled by LSEG.</p><p>The forecast includes a loss in H20 revenue of about $8 billion due to the recent export limitations.</p><p>&#34;The broader concern is that trade tensions and potential tariff impacts on data center expansion could create headwinds for AI chip demand in upcoming quarters,&#34; said Emarketer analyst Jacob Bourne. &#34;This doesn&#39;t signal an end to Nvidia&#39;s dominance, but highlights that sustaining it will require navigating an increasingly complex landscape of geopolitical, competitive, and economic challenges.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Shares Rise 5.6% As Sales Hit From China Export Curbs Not As Bad As Feared</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Shares Rise 5.6% As Sales Hit From China Export Curbs Not As Bad As Feared\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-29 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 28 (Reuters) - Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs on China exports took effect, but the same restrictions will slice off $8 billion in sales from the company&#39;s current quarter, forcing the company to offer a forecast below Wall Street estimates on Wednesday.</p><p>Shares of the world&#39;s most valuable semiconductor firm still rose 5.6% in premarket trading as investors digested news that the hit in the current fiscal second quarter was not as bad as feared, and Nvidia talked up demand for its new Blackwell chips from customers including Microsoft MSFT.O. The stock is relatively flat so far this year, compared with 2024 when the shares nearly tripled in value. Nvidia now faces trade restrictions on what it can sell, and the AI data center market is also maturing.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/22c042d86d5485f57d4fbd5a3762eb59\" tg-width=\"780\" tg-height=\"832\"/></p><p>Washington&#39;s years-long efforts to thwart Beijing&#39;s access to top-of-the-line U.S. technology have resulted in stricter restrictions on the export of Nvidia&#39;s AI chips - stifling the company&#39;s access to one of the largest markets for semiconductors.</p><p>Midway through a conference call with analysts, CEO Jensen Huang made impassioned remarks about U.S.-China policy, saying that Nvidia was at risk of being cut off from China&#39;s massive AI developer base and arguing that China&#39;s chip industry was sophisticated and closing in on the United States&#39; dominance. But he praised U.S. President Donald Trump&#39;s recent move to rescind a so-called AI diffusion rule that would have regulated global flows of U.S. AI chips.</p><p>&#34;President Trump wants America to win. And he also realizes that we&#39;re not the only country in the race,&#34; Huang said.</p><p>Huang told analysts that Nvidia&#39;s Hopper chips could no longer be modified for the Chinese market but did not comment on its Blackwell chips. Reuters has reported that Nvidia is preparing a Blackwell variant for the Chinese market.</p><p>Though unlikely to make up for the loss in Chinese revenue, a spate of new deals that Nvidia signed earlier this month in the Middle East could offer fresh avenues of growth - including the first phases of a 10-square-mile data center site in the United Arab Emirates that could eventually use 5 gigawatts&#39; worth of AI infrastructure. The company has also announced similar deals in Saudi Arabia and Taiwan.</p><p>&#34;We have a line of sight to projects requiring tens of gigawatts of Nvidia AI infrastructure in the not-too-distant future,&#34; Nvidia Chief Financial Officer Colette Kress said on the conference call.</p><p>But in the shorter term, restrictions on China exports will hurt. Kress said data center revenue in that country declined.</p><p>U.S. restrictions on the sale of Nvidia&#39;s H20 chips to China, the only AI processors it could legally export to the country, prompted Nvidia to disclose in April that it expected a $5.5 billion charge, while Huang had in May pegged the revenue impact related to the restrictions at about $15 billion. On Wednesday, Nvidia said the actual first-quarter charge due to the H20 restrictions was $1 billion less than expected because it was able to reuse some materials. It said it lost $2.5 billion in H20 sales in the first quarter and expected to miss $8 billion in the second quarter.</p><p>However, Nvidia also said the H20 brought in $4.6 billion in sales in the first quarter and that China accounted for 12.5% of overall revenue in the first quarter.</p><p>Gil Luria, an analyst with D.A. Davidson, said the overall impact of the H20 restrictions was less than feared.</p><p>&#34;There was a removal of some China revenue from the July quarter guides, but there was also China revenue that was pulled into the first quarter. Chinese buyers were stocking up on H20 ahead of the restrictions, which is what propped up the April quarter,&#34; Luria said.</p><p>Though major cloud companies such as Microsoft MSFT.O and Alphabet GOOGL.O have stood their ground on the billions they have earmarked this year for spending on expanding infrastructure for AI data centers, worries about such spending persist amid rapidly changing global trade policies.</p><p>On an adjusted basis, Nvidia earned 81 cents per share in the first quarter. Analyst estimates varied widely as Wall Street tried to assess the impact of restrictions on some of Nvidia&#39;s chip sales to China.</p><p>Excluding the charges, first-quarter adjusted earnings per share would have been 96 cents.</p><p>According to data compiled by LSEG, the estimate for the company&#39;s adjusted quarterly earnings was 93 cents per share, with 17 analysts providing estimates after April 15 when Nvidia said H20 shipments would require additional licenses.</p><p>Nvidia&#39;s data center segment revenue was $39.1 billion in the first quarter, compared with analyst estimates of $39.3 billion, according to LSEG data.</p><p>The company said it has $29.8 billion in commitments to have its products manufactured, an increase from the year before but down quarter-over-quarter.</p><p>Nvidia, a bellwether of the artificial-intelligence market, expects revenue of $45 billion, plus or minus 2%, in the second quarter, compared with analysts&#39; average estimate of $45.90 billion, according to data compiled by LSEG.</p><p>The forecast includes a loss in H20 revenue of about $8 billion due to the recent export limitations.</p><p>&#34;The broader concern is that trade tensions and potential tariff impacts on data center expansion could create headwinds for AI chip demand in upcoming quarters,&#34; said Emarketer analyst Jacob Bourne. &#34;This doesn&#39;t signal an end to Nvidia&#39;s dominance, but highlights that sustaining it will require navigating an increasingly complex landscape of geopolitical, competitive, and economic challenges.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nL3N3S01HU:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2539171409","content_text":"May 28 (Reuters) - Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs on China exports took effect, but the same restrictions will slice off $8 billion in sales from the company's current quarter, forcing the company to offer a forecast below Wall Street estimates on Wednesday.Shares of the world's most valuable semiconductor firm still rose 5.6% in premarket trading as investors digested news that the hit in the current fiscal second quarter was not as bad as feared, and Nvidia talked up demand for its new Blackwell chips from customers including Microsoft MSFT.O. The stock is relatively flat so far this year, compared with 2024 when the shares nearly tripled in value. Nvidia now faces trade restrictions on what it can sell, and the AI data center market is also maturing.Washington's years-long efforts to thwart Beijing's access to top-of-the-line U.S. technology have resulted in stricter restrictions on the export of Nvidia's AI chips - stifling the company's access to one of the largest markets for semiconductors.Midway through a conference call with analysts, CEO Jensen Huang made impassioned remarks about U.S.-China policy, saying that Nvidia was at risk of being cut off from China's massive AI developer base and arguing that China's chip industry was sophisticated and closing in on the United States' dominance. But he praised U.S. President Donald Trump's recent move to rescind a so-called AI diffusion rule that would have regulated global flows of U.S. AI chips.\"President Trump wants America to win. And he also realizes that we're not the only country in the race,\" Huang said.Huang told analysts that Nvidia's Hopper chips could no longer be modified for the Chinese market but did not comment on its Blackwell chips. Reuters has reported that Nvidia is preparing a Blackwell variant for the Chinese market.Though unlikely to make up for the loss in Chinese revenue, a spate of new deals that Nvidia signed earlier this month in the Middle East could offer fresh avenues of growth - including the first phases of a 10-square-mile data center site in the United Arab Emirates that could eventually use 5 gigawatts' worth of AI infrastructure. The company has also announced similar deals in Saudi Arabia and Taiwan.\"We have a line of sight to projects requiring tens of gigawatts of Nvidia AI infrastructure in the not-too-distant future,\" Nvidia Chief Financial Officer Colette Kress said on the conference call.But in the shorter term, restrictions on China exports will hurt. Kress said data center revenue in that country declined.U.S. restrictions on the sale of Nvidia's H20 chips to China, the only AI processors it could legally export to the country, prompted Nvidia to disclose in April that it expected a $5.5 billion charge, while Huang had in May pegged the revenue impact related to the restrictions at about $15 billion. On Wednesday, Nvidia said the actual first-quarter charge due to the H20 restrictions was $1 billion less than expected because it was able to reuse some materials. It said it lost $2.5 billion in H20 sales in the first quarter and expected to miss $8 billion in the second quarter.However, Nvidia also said the H20 brought in $4.6 billion in sales in the first quarter and that China accounted for 12.5% of overall revenue in the first quarter.Gil Luria, an analyst with D.A. Davidson, said the overall impact of the H20 restrictions was less than feared.\"There was a removal of some China revenue from the July quarter guides, but there was also China revenue that was pulled into the first quarter. Chinese buyers were stocking up on H20 ahead of the restrictions, which is what propped up the April quarter,\" Luria said.Though major cloud companies such as Microsoft MSFT.O and Alphabet GOOGL.O have stood their ground on the billions they have earmarked this year for spending on expanding infrastructure for AI data centers, worries about such spending persist amid rapidly changing global trade policies.On an adjusted basis, Nvidia earned 81 cents per share in the first quarter. Analyst estimates varied widely as Wall Street tried to assess the impact of restrictions on some of Nvidia's chip sales to China.Excluding the charges, first-quarter adjusted earnings per share would have been 96 cents.According to data compiled by LSEG, the estimate for the company's adjusted quarterly earnings was 93 cents per share, with 17 analysts providing estimates after April 15 when Nvidia said H20 shipments would require additional licenses.Nvidia's data center segment revenue was $39.1 billion in the first quarter, compared with analyst estimates of $39.3 billion, according to LSEG data.The company said it has $29.8 billion in commitments to have its products manufactured, an increase from the year before but down quarter-over-quarter.Nvidia, a bellwether of the artificial-intelligence market, expects revenue of $45 billion, plus or minus 2%, in the second quarter, compared with analysts' average estimate of $45.90 billion, according to data compiled by LSEG.The forecast includes a loss in H20 revenue of about $8 billion due to the recent export limitations.\"The broader concern is that trade tensions and potential tariff impacts on data center expansion could create headwinds for AI chip demand in upcoming quarters,\" said Emarketer analyst Jacob Bourne. \"This doesn't signal an end to Nvidia's dominance, but highlights that sustaining it will require navigating an increasingly complex landscape of geopolitical, competitive, and economic challenges.\"","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":440104468701320,"gmtCreate":1748485676298,"gmtModify":1748485679265,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"He will fire all Judges","listText":"He will fire all Judges","text":"He will fire all Judges","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/440104468701320","repostId":"2539040797","repostType":2,"repost":{"id":"2539040797","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748475074,"share":"https://ttm.financial/m/news/2539040797?lang=&edition=full_marsco","pubTime":"2025-05-29 07:31","market":"nz","language":"en","title":"US Court Blocks Trump's \"Liberation Day\" Tariffs; Nasdaq Futures up 1.5%; Nvidia Soars 5%; Tesla, AMD up 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=2539040797","media":"Reuters","summary":"UPDATE 1-US court blocks Trump's 'Liberation Day' tariffsCourt blocks Trump's tariffs, citing overreach of authorityConstitution grants Congress power to regulate international commerceLiberty Justice","content":"<html><head></head><body><p>US stock futures extended gains. Nasdaq futures up 1.5%, S&amp;P 500 futures up 1% and Dow futures up 0.8%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/999850c1c4d670ae7059d68f989a0c1e\" tg-width=\"347\" tg-height=\"163\"/></p><p>Big tech stocks rose in extended trading. Nvidia rose 5%; Micron, Amazon, SMCI up 3%; Tesla, AMD, TSMC, Apple rose 2%; Meta, Alphabet rose 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/10979b6f84db9021e73fcfe481e6e5c0\" tg-width=\"379\" tg-height=\"369\"/></p><p>A U.S. federal court on Wednesday blocked President Donald Trump&#39;s &#34;Liberation Day&#34; tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.</p><p>The Manhattan-based Court of International Trade said the U.S. Constitution gives the U.S. Congress exclusive powers to regulate commerce with other countries that are not trumped by the president&#39;s emergency powers to safeguard the U.S. economy.</p><p>The lawsuit, filed by the nonpartisan Liberty Justice Center on behalf of five small U.S. businesses that import goods from countries targeted by the duties, was the first major legal challenge to Trump&#39;s tariffs.</p><p>The companies - which range from a New York wine and spirits importer to a Virginia-based maker of educational kits and musical instruments - have said the tariffs will hurt their ability to do business.</p><p>The lawsuit is one of seven court challenges to Trump&#39;s tariff policies, along with challenges from 13 U.S. states and other groups of small businesses.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Court Blocks Trump's \"Liberation Day\" Tariffs; Nasdaq Futures up 1.5%; Nvidia Soars 5%; Tesla, AMD up 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Court Blocks Trump's \"Liberation Day\" Tariffs; Nasdaq Futures up 1.5%; Nvidia Soars 5%; Tesla, AMD up 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-29 07:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US stock futures extended gains. Nasdaq futures up 1.5%, S&amp;P 500 futures up 1% and Dow futures up 0.8%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/999850c1c4d670ae7059d68f989a0c1e\" tg-width=\"347\" tg-height=\"163\"/></p><p>Big tech stocks rose in extended trading. Nvidia rose 5%; Micron, Amazon, SMCI up 3%; Tesla, AMD, TSMC, Apple rose 2%; Meta, Alphabet rose 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/10979b6f84db9021e73fcfe481e6e5c0\" tg-width=\"379\" tg-height=\"369\"/></p><p>A U.S. federal court on Wednesday blocked President Donald Trump&#39;s &#34;Liberation Day&#34; tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.</p><p>The Manhattan-based Court of International Trade said the U.S. Constitution gives the U.S. Congress exclusive powers to regulate commerce with other countries that are not trumped by the president&#39;s emergency powers to safeguard the U.S. economy.</p><p>The lawsuit, filed by the nonpartisan Liberty Justice Center on behalf of five small U.S. businesses that import goods from countries targeted by the duties, was the first major legal challenge to Trump&#39;s tariffs.</p><p>The companies - which range from a New York wine and spirits importer to a Virginia-based maker of educational kits and musical instruments - have said the tariffs will hurt their ability to do business.</p><p>The lawsuit is one of seven court challenges to Trump&#39;s tariff policies, along with challenges from 13 U.S. states and other groups of small businesses.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","MSFT":"微软","GOOG":"谷歌","AMZN":"亚马逊","AAPL":"苹果","META":"Meta Platforms, Inc.","TSLA":"特斯拉"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nL2N3S0195:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2539040797","content_text":"US stock futures extended gains. Nasdaq futures up 1.5%, S&P 500 futures up 1% and Dow futures up 0.8%.Big tech stocks rose in extended trading. Nvidia rose 5%; Micron, Amazon, SMCI up 3%; Tesla, AMD, TSMC, Apple rose 2%; Meta, Alphabet rose 1%.A U.S. federal court on Wednesday blocked President Donald Trump's \"Liberation Day\" tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.The Manhattan-based Court of International Trade said the U.S. Constitution gives the U.S. Congress exclusive powers to regulate commerce with other countries that are not trumped by the president's emergency powers to safeguard the U.S. economy.The lawsuit, filed by the nonpartisan Liberty Justice Center on behalf of five small U.S. businesses that import goods from countries targeted by the duties, was the first major legal challenge to Trump's tariffs.The companies - which range from a New York wine and spirits importer to a Virginia-based maker of educational kits and musical instruments - have said the tariffs will hurt their ability to do business.The lawsuit is one of seven court challenges to Trump's tariff policies, along with challenges from 13 U.S. states and other groups of small businesses.","news_type":1,"symbols_score_info":{"AAPL":1.1,"AMZN":1.1,"ESmain":1.1,"GOOG":1.1,"META":1.1,"MSFT":1.1,"NQmain":1.1,"NVDA":1.1,"TSLA":1.1,"YMmain":1.1}},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":440103858717312,"gmtCreate":1748485599166,"gmtModify":1748486472196,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Musk needs to continue to be politician . I enjoyed watching him on stage with chainsa, would be nice to see him on stage again with Bulldozer or something bigger","listText":"Musk needs to continue to be politician . I enjoyed watching him on stage with chainsa, would be nice to see him on stage again with Bulldozer or something bigger","text":"Musk needs to continue to be politician . I enjoyed watching him on stage with chainsa, would be nice to see him on stage again with Bulldozer or something bigger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/440103858717312","repostId":"2539400240","repostType":2,"repost":{"id":"2539400240","kind":"live","pubTimestamp":1748477603,"share":"https://ttm.financial/m/news/2539400240?lang=&edition=full_marsco","pubTime":"2025-05-29 08:13","market":"nz","language":"en","title":"Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End","url":"https://stock-news.laohu8.com/highlight/detail?id=2539400240","media":"THOMSON REUTERS","summary":"Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End","content":"<html><head></head><body><p>Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/467cc803846ddd6a693a8ff7e7063828\" tg-width=\"601\" tg-height=\"263\"/></p><p></p></body></html>","source":"reuters_en_live","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Says His Scheduled Time as a Special Government Employee Is Coming to an End\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-29 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nS0N3R105C:1><strong>THOMSON REUTERS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End</p>\n\n<a href=\"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nS0N3R105C:1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","TSLA":"特斯拉","LU0823411888.USD":"法巴消费创新基金 Cap","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4551":"寇图资本持仓","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0823414478.USD":"法巴经典能源转换基金","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","BK4581":"高盛持仓","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","BK4527":"明星科技股","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4511":"特斯拉概念","BK4585":"ETF&股票定投概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","TSYW.SI":"TESLA 3xLongSG261006","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","BK4592":"伊斯兰概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4588":"碎股","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","BK4548":"巴美列捷福持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nS0N3R105C:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2539400240","content_text":"Musk Says His Scheduled Time as a Special Government Employee Is Coming to an End","news_type":1,"symbols_score_info":{"TSLA":0.9,"TSYW.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":439539957760752,"gmtCreate":1748337764647,"gmtModify":1748337768442,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"As I said few weeks ago ... All in","listText":"As I said few weeks ago ... All in","text":"As I said few weeks ago ... All in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/439539957760752","repostId":"1181100259","repostType":2,"repost":{"id":"1181100259","kind":"news","pubTimestamp":1748336400,"share":"https://ttm.financial/m/news/1181100259?lang=&edition=full_marsco","pubTime":"2025-05-27 17:00","market":"us","language":"en","title":"Markets Have About $7 Trillion in Firepower Into Nvidia Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1181100259","media":"Bloomberg","summary":"An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.Institutional positioning i","content":"<html><head></head><body><p>An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.</p><p style=\"text-align: start;\">Institutional positioning in the US technology sector is “undemanding” with hedge funds and mutual funds still substantially underweight, strategist Michalis Onisiforou said. Exposure of trend-following Commodity Trading Advisors (CTA) to the broader stock market is also neutral, while volatility control funds have plenty of room to add to risk, he said.</p><p style=\"text-align: start;\">“With the institutional length in equities far from exuberance levels,” Onisiforou said the setup favors higher exposure to stocks.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d076f0abdf48d4de5085f501ea61ae1b\" tg-width=\"1200\" tg-height=\"675\"/></p><p>The S&amp;P 500 had rallied since an April low on optimism around easing trade tensions, but the gauge fell last week on worries about the fiscal deficit and a resurgence in tariff tensions. Focus is now on Nvidia’s first-quarter earnings report, due Wednesday, as the $3.2 trillion stock is considered a bellwether for artificial intelligence demand.</p><p>While Nvidia’s shares have also rebounded about 40% in the past seven weeks, the stock is still about 14% below its January record high. With a price-to-earnings ratio of about 28, it trades well below its five-year average valuation of 40, according to data compiled by Bloomberg.</p><p style=\"text-align: start;\">Still, Onisiforou warned the recent rally had left the stock near overbought levels, suggesting “a challenging backdrop for the earnings report.”</p><p style=\"text-align: start;\">Demand from retail buyers — who consistently bought dips in US stocks this year — also briefly weakened before being revived by the debt downgrade by Moody’s Ratings, the strategist said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Markets Have About $7 Trillion in Firepower Into Nvidia Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarkets Have About $7 Trillion in Firepower Into Nvidia Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-27 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-05-27/nvda-markets-have-about-7-trillion-in-firepower-into-nvidia-earnings?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.Institutional positioning ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-05-27/nvda-markets-have-about-7-trillion-in-firepower-into-nvidia-earnings?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2025-05-27/nvda-markets-have-about-7-trillion-in-firepower-into-nvidia-earnings?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181100259","content_text":"An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.Institutional positioning in the US technology sector is “undemanding” with hedge funds and mutual funds still substantially underweight, strategist Michalis Onisiforou said. Exposure of trend-following Commodity Trading Advisors (CTA) to the broader stock market is also neutral, while volatility control funds have plenty of room to add to risk, he said.“With the institutional length in equities far from exuberance levels,” Onisiforou said the setup favors higher exposure to stocks.The S&P 500 had rallied since an April low on optimism around easing trade tensions, but the gauge fell last week on worries about the fiscal deficit and a resurgence in tariff tensions. Focus is now on Nvidia’s first-quarter earnings report, due Wednesday, as the $3.2 trillion stock is considered a bellwether for artificial intelligence demand.While Nvidia’s shares have also rebounded about 40% in the past seven weeks, the stock is still about 14% below its January record high. With a price-to-earnings ratio of about 28, it trades well below its five-year average valuation of 40, according to data compiled by Bloomberg.Still, Onisiforou warned the recent rally had left the stock near overbought levels, suggesting “a challenging backdrop for the earnings report.”Demand from retail buyers — who consistently bought dips in US stocks this year — also briefly weakened before being revived by the debt downgrade by Moody’s Ratings, the strategist said.","news_type":1,"symbols_score_info":{"NVDA":1.1}},"isVote":1,"tweetType":1,"viewCount":758,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":439327131841232,"gmtCreate":1748276377642,"gmtModify":1748276381244,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Good Article","listText":"Good Article","text":"Good Article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/439327131841232","repostId":"2537138402","repostType":2,"repost":{"id":"2537138402","kind":"highlight","weMediaInfo":{"introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"media_name":"TradingKey","id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"pubTimestamp":1748251536,"share":"https://ttm.financial/m/news/2537138402?lang=&edition=full_marsco","pubTime":"2025-05-26 17:25","market":"sh","language":"en","title":"The Shift Inside AMD No One Sees","url":"https://stock-news.laohu8.com/highlight/detail?id=2537138402","media":"TradingKey","summary":"Tradingkey - The general story in the case of AMD (AMD) today is one of decent growth, careful optimism, and competitive catch-up.","content":"<html><head></head><body><ul style=\"\"><li><p>AMD’s Q1 2025 revenue hit $7.4B with 36% YoY growth, driven by EPYC CPUs and MI300 GPUs.</p></li><li><p>The ZT Systems acquisition enables rack-scale integration, expanding AMD’s addressable market and lifting Data Center margins to 25%.</p></li><li><p>ROCm 6.4 and AI container updates deepen developer stickiness, positioning AMD as a CUDA alternative with open-source appeal.</p></li><li><p>With a 2.5% FCF yield and PEG ratio of 0.87, AMD remains undervalued relative to AI growth and peers.</p></li></ul><p>Tradingkey - The general story in the case of <a href=\"https://laohu8.com/S/AMD\">AMD</a> today is one of decent growth, careful optimism, and competitive catch-up. That&#39;s short-sighted. Behind the beat on top-line earnings and cyclical bounce in the PC and gaming verticals, AMD is experiencing a deeper structural transformation with significant consequences. The $7.4 billion Q1 2025 revenue beat and 36% YoY growth merely suggests as much.</p><p>The actual thesis is in the intersection of rack-scale AI infrastructure, re-architected software ecosystem (ROCm), and the ZT Systems acquisition, as it makes AMD a full-stack challenger in the $500 billion AI accelerator TAM. The thesis of the article is that AMD is not just a second-string chipmaker in the shadow of Nvidia but a misunderstood platform company at an inflection point. The current valuation multiples of the market for 29x forward P/E, 2.5% FCF yield and PEG under 0.9 do not factor in AMD&#39;s embedded operating leverage, under-valued data center business, and systems-level differentiation.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e6de8d62b9e981b9266acd034503bc9a\" alt=\"Source: IoT Analytics\" title=\"Source: IoT Analytics\" tg-width=\"1600\" tg-height=\"1600\"/><span>Source: IoT Analytics</span></p><h2 id=\"id_3739800583\">The Full-Stack Ascent: From Component Supplier to Platform Orchestrator</h2><p>AMD&#39;s Q1 numbers shed light on its changing persona. Data Center revenue grew 57% YoY to $3.7 billion on the strength of EPYC CPU and MI300 Instinct GPU. But the important shift isn&#39;t in unit quantity, it&#39;s in integration. The completion of the ZT Systems merge on March 31, 2025 gave AMD end-to-end design competence for rack-scale systems, in effect bringing itself from silicon vendor to systems integrator. </p><p>That opens AMD&#39;s addressable market and margin profile exponentially. Rack-level design implies higher ASPs, improved power/performance optimization, and closer customer lock-in, typically the domain of Nvidia or vertically integrated hyperscalers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f3d548a4e8aa4564906318f23a0b9f6\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>In the meantime, AMD is using ROCm 6.4 and AI software container deployments to enhance stickiness. Inference and training container bi-weekly updates mark the shift towards developer-driven platform economics rather than hardware share. Collaborations with Oracle, Core42, and Siemens support cross-industry affirmation. AI software integration with MI300-class GPUs replicates Nvidia&#39;s CUDA moat in open-source guise. The ramped-up Ryzen AI PC product line powered by Ryzen AI Max+ and 300 series processors supports the architecture by sowing an edge-to-cloud AI continuum, a play aimed at enabling end-to-end data observability and compute utility.</p><h2 id=\"id_484905983\">The Competitive Landscape: Catching Nvidia with Infrastructure-Led Playbooks</h2><p>Nvidia leads the story and market capitalization, yet AMD&#39;s go-to-market differentiation deserves closer examination. Nvidia has a software moat through CUDA and deep hyperscaler pipelines while AMD is strategically outflanking in a systems play. How the addition of ZT Systems enables it to do rack-level customized deployments tailored to customers&#39; workloads is something Nvidia, which frequently outsources integration, can&#39;t effectively match.</p><p>In addition, AMD&#39;s alliances are not public relations vanity. Oracle&#39;s implementation of MI355X accelerators in hyperscale environments and Core42&#39;s AI deployment in the flagship AI facility for France are real-world indicators of demand elasticity for something other than Nvidia. At the same time, the Open Telecom AI Platform with Jio, Cisco, and Nokia is an example of horizontal alliance strategy as opposed to vertical integration such that the company can scale without controlling every node in the stack. Conversely, Intel is stuck in delays and uneven execution, and Arm-based AI chip vendors do not have the software maturity or ecosystem depth that AMD currently has.</p><p>On an in-per-watt and in-per-TFLOP basis, critically, AMD is pricing aggressively. And with ROCm&#39;s increasing compatibility with top frontier models such as Meta&#39;s Llama 4 and Google&#39;s Gemma 3, the difference between Nvidia&#39;s premium pricing and AMD&#39;s value play becomes a material competitive factor.</p><h2 id=\"id_2517522599\">Strategic &amp; Financial Deep Dive: Where AI Meets Margin Expansion</h2><p>The company&#39;s $0.96 Q1 2025 non-GAAP diluted earnings per share was 55% higher year-over-year on $1.6 billion of net income. Gross margin widened to 54% non-GAAP from 52% in the previous year on richer Ryzen processor mix and strong EPYC pull-through.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e6234df038be656b1a2e96f4b2966b5\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>The company&#39;s free cash flow jumped to $727 million representing a 10% FCF margin amidst high CapEx ($212M) related to integration as well as ramping MI300 production. The Data Center segment by itself generated $932 million of operating income on $3.7 billion of sales, representing a 25% margin.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b79ee8f5e67cf5c0832fd7e07c7dcd31\" alt=\"Source: Finbold\" title=\"Source: Finbold\" tg-width=\"1600\" tg-height=\"900\"/><span>Source: Finbold</span></p><p>The client segment was typically cyclical but produced a surprise 109% YoY growth in operating income on the back of adoption of 16-core Ryzen 9950X3D processors and notebook refresh cycles. Gaming revenue declined YoY on the back of semi-custom softness but remained flat sequentially, suggesting potential troughing.</p><p>AMD&#39;s OpEx leverage is also strengthening. Even after swallowing up ZT Systems, non-GAAP OpEx only grew 5% QoQ as R&amp;D intensity continues at ~$1.7B, an indication of AMD investing all through the cycle. Of particular note was adjusted EBITDA of $1.95 billion, 50% margin versus $1.295 billion last year, reflecting platform convergence scale benefits.</p><p>On the balance sheet at the end of Q1, AMD had $7.3 billion in short-term investments and cash on hand, up 42% from the previous quarter, financed in part by $950 million commercial paper and $1.5 billion of new debt to finance the ZT transaction. Debt was at $4.16B but still low compared to equity ($58B) and the FCF path.</p><h2 id=\"id_1478399397\">Valuation Recalibrated: Pricing Power Meets Market Skepticism</h2><p>With a trailing non-GAAP diluted EPS of $0.96 during Q1 2025, AMD&#39;s run-rate on an annualized basis implies forward non-GAAP diluted EPS of approximately $3.84. Applying this to AMD&#39;s trading range of ~$111/share currently, the stock has a price to earnings ratio of ~29x forward non-GAAP earnings. The multiple tightens upon adjusting for AMD&#39;s Q1 gross margin increase, extended operating leverage, and potential gross margin normalization back to 56–58% following the one-time $800M export surcharge in Q2.</p><p>Consensus analysts project AMD&#39;s target price at $197.85 in 12 months, representing ~78% upside from here, and put AMD&#39;s PEG ratio at 0.87, significantly lower than Nvidia&#39;s &gt;1.7 and the ~1.2 peer-group average. That divergence highlights potential mispricing. Although Nvidia is trading on 36x forward earnings with higher growth, AMD&#39;s valuation factors in substantial doubt on it being able to drive MI300X take-up and capture the $500B AI accelerator TAM it now has in its sights with integration of ZT Systems.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9daa604aa4aba45536ebf0a45d9b7e59\" alt=\"Source: market.us\" title=\"Source: market.us\" tg-width=\"916\" tg-height=\"534\"/><span>Source: market.us</span></p><p>Free cash flows also underpin the rerating case. AMD produced $727 million of Q1 FCF (+92% YoY), which translates into an implied ~$2.8 billion FCF annualized, or 2.5% FCF yield. Adjusted for the one-time reserve charge on inventory in Q2, AMD&#39;s normalized FCF yield would be close to 3.2%, which positions it favorably relative to large-cap tech comps at comparable stages of growth.</p><h2 id=\"id_342170036\">Risks: Supply Chains, Export Controls, and Execution Timelines</h2><p>Although the structural thesis stands, AMD has material near-term concerns. The $800M write-off in inventory in Q2, attributed to U.S. export controls for high-end GPUs, is indicative of regulatory vulnerability in AI supply chains. Although management assures these are one-time charges, their effect on quarterly performance and sentiment can be a negative drag on multiple expansion. Second, integration of ZT Systems is in its early innings. Divestiture of manufacturing is in progress, though slippage in realizing rack-level synergies or margin gains has the potential to reset expectations. </p><p>Moreover, AMD&#39;s ROCm ecosystem, although maturing, lingers behind CUDA in terms of community usage, and software compatibility gaps may slow onboarding for risk-averse enterprise customers. In conclusion, there are also wider macro risks at play. A deceleration in hyperscaler CapEx or wider technology multiple compression on the back of rates or geopolitics would put pressure on valuation despite strong fundamentals. Therefore, the bull case is still dependent on timely execution.</p><h2 id=\"id_117697686\">Conclusion: A Misunderstood Compounder at an Inflection Point</h2><p>AMD is quietly transforming from being a component supplier to being an AI-native platform orchestrator. Deep operating leverage in conjunction with aggressive system-level integrations and underappreciated developer traction is causing the market to misprice its equity profile. At present prices, AMD presents one of the most skewed setups in the semis: platform economics in a compounder being priced at cyclical levels. As execution reinforces the rack-scale thesis and ROCm scales, the re-rating is not just possible, it&#39;s likely.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Shift Inside AMD No One Sees</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Shift Inside AMD No One Sees\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-05-26 17:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>AMD’s Q1 2025 revenue hit $7.4B with 36% YoY growth, driven by EPYC CPUs and MI300 GPUs.</p></li><li><p>The ZT Systems acquisition enables rack-scale integration, expanding AMD’s addressable market and lifting Data Center margins to 25%.</p></li><li><p>ROCm 6.4 and AI container updates deepen developer stickiness, positioning AMD as a CUDA alternative with open-source appeal.</p></li><li><p>With a 2.5% FCF yield and PEG ratio of 0.87, AMD remains undervalued relative to AI growth and peers.</p></li></ul><p>Tradingkey - The general story in the case of <a href=\"https://laohu8.com/S/AMD\">AMD</a> today is one of decent growth, careful optimism, and competitive catch-up. That&#39;s short-sighted. Behind the beat on top-line earnings and cyclical bounce in the PC and gaming verticals, AMD is experiencing a deeper structural transformation with significant consequences. The $7.4 billion Q1 2025 revenue beat and 36% YoY growth merely suggests as much.</p><p>The actual thesis is in the intersection of rack-scale AI infrastructure, re-architected software ecosystem (ROCm), and the ZT Systems acquisition, as it makes AMD a full-stack challenger in the $500 billion AI accelerator TAM. The thesis of the article is that AMD is not just a second-string chipmaker in the shadow of Nvidia but a misunderstood platform company at an inflection point. The current valuation multiples of the market for 29x forward P/E, 2.5% FCF yield and PEG under 0.9 do not factor in AMD&#39;s embedded operating leverage, under-valued data center business, and systems-level differentiation.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e6de8d62b9e981b9266acd034503bc9a\" alt=\"Source: IoT Analytics\" title=\"Source: IoT Analytics\" tg-width=\"1600\" tg-height=\"1600\"/><span>Source: IoT Analytics</span></p><h2 id=\"id_3739800583\">The Full-Stack Ascent: From Component Supplier to Platform Orchestrator</h2><p>AMD&#39;s Q1 numbers shed light on its changing persona. Data Center revenue grew 57% YoY to $3.7 billion on the strength of EPYC CPU and MI300 Instinct GPU. But the important shift isn&#39;t in unit quantity, it&#39;s in integration. The completion of the ZT Systems merge on March 31, 2025 gave AMD end-to-end design competence for rack-scale systems, in effect bringing itself from silicon vendor to systems integrator. </p><p>That opens AMD&#39;s addressable market and margin profile exponentially. Rack-level design implies higher ASPs, improved power/performance optimization, and closer customer lock-in, typically the domain of Nvidia or vertically integrated hyperscalers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f3d548a4e8aa4564906318f23a0b9f6\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>In the meantime, AMD is using ROCm 6.4 and AI software container deployments to enhance stickiness. Inference and training container bi-weekly updates mark the shift towards developer-driven platform economics rather than hardware share. Collaborations with Oracle, Core42, and Siemens support cross-industry affirmation. AI software integration with MI300-class GPUs replicates Nvidia&#39;s CUDA moat in open-source guise. The ramped-up Ryzen AI PC product line powered by Ryzen AI Max+ and 300 series processors supports the architecture by sowing an edge-to-cloud AI continuum, a play aimed at enabling end-to-end data observability and compute utility.</p><h2 id=\"id_484905983\">The Competitive Landscape: Catching Nvidia with Infrastructure-Led Playbooks</h2><p>Nvidia leads the story and market capitalization, yet AMD&#39;s go-to-market differentiation deserves closer examination. Nvidia has a software moat through CUDA and deep hyperscaler pipelines while AMD is strategically outflanking in a systems play. How the addition of ZT Systems enables it to do rack-level customized deployments tailored to customers&#39; workloads is something Nvidia, which frequently outsources integration, can&#39;t effectively match.</p><p>In addition, AMD&#39;s alliances are not public relations vanity. Oracle&#39;s implementation of MI355X accelerators in hyperscale environments and Core42&#39;s AI deployment in the flagship AI facility for France are real-world indicators of demand elasticity for something other than Nvidia. At the same time, the Open Telecom AI Platform with Jio, Cisco, and Nokia is an example of horizontal alliance strategy as opposed to vertical integration such that the company can scale without controlling every node in the stack. Conversely, Intel is stuck in delays and uneven execution, and Arm-based AI chip vendors do not have the software maturity or ecosystem depth that AMD currently has.</p><p>On an in-per-watt and in-per-TFLOP basis, critically, AMD is pricing aggressively. And with ROCm&#39;s increasing compatibility with top frontier models such as Meta&#39;s Llama 4 and Google&#39;s Gemma 3, the difference between Nvidia&#39;s premium pricing and AMD&#39;s value play becomes a material competitive factor.</p><h2 id=\"id_2517522599\">Strategic &amp; Financial Deep Dive: Where AI Meets Margin Expansion</h2><p>The company&#39;s $0.96 Q1 2025 non-GAAP diluted earnings per share was 55% higher year-over-year on $1.6 billion of net income. Gross margin widened to 54% non-GAAP from 52% in the previous year on richer Ryzen processor mix and strong EPYC pull-through.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e6234df038be656b1a2e96f4b2966b5\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>The company&#39;s free cash flow jumped to $727 million representing a 10% FCF margin amidst high CapEx ($212M) related to integration as well as ramping MI300 production. The Data Center segment by itself generated $932 million of operating income on $3.7 billion of sales, representing a 25% margin.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b79ee8f5e67cf5c0832fd7e07c7dcd31\" alt=\"Source: Finbold\" title=\"Source: Finbold\" tg-width=\"1600\" tg-height=\"900\"/><span>Source: Finbold</span></p><p>The client segment was typically cyclical but produced a surprise 109% YoY growth in operating income on the back of adoption of 16-core Ryzen 9950X3D processors and notebook refresh cycles. Gaming revenue declined YoY on the back of semi-custom softness but remained flat sequentially, suggesting potential troughing.</p><p>AMD&#39;s OpEx leverage is also strengthening. Even after swallowing up ZT Systems, non-GAAP OpEx only grew 5% QoQ as R&amp;D intensity continues at ~$1.7B, an indication of AMD investing all through the cycle. Of particular note was adjusted EBITDA of $1.95 billion, 50% margin versus $1.295 billion last year, reflecting platform convergence scale benefits.</p><p>On the balance sheet at the end of Q1, AMD had $7.3 billion in short-term investments and cash on hand, up 42% from the previous quarter, financed in part by $950 million commercial paper and $1.5 billion of new debt to finance the ZT transaction. Debt was at $4.16B but still low compared to equity ($58B) and the FCF path.</p><h2 id=\"id_1478399397\">Valuation Recalibrated: Pricing Power Meets Market Skepticism</h2><p>With a trailing non-GAAP diluted EPS of $0.96 during Q1 2025, AMD&#39;s run-rate on an annualized basis implies forward non-GAAP diluted EPS of approximately $3.84. Applying this to AMD&#39;s trading range of ~$111/share currently, the stock has a price to earnings ratio of ~29x forward non-GAAP earnings. The multiple tightens upon adjusting for AMD&#39;s Q1 gross margin increase, extended operating leverage, and potential gross margin normalization back to 56–58% following the one-time $800M export surcharge in Q2.</p><p>Consensus analysts project AMD&#39;s target price at $197.85 in 12 months, representing ~78% upside from here, and put AMD&#39;s PEG ratio at 0.87, significantly lower than Nvidia&#39;s &gt;1.7 and the ~1.2 peer-group average. That divergence highlights potential mispricing. Although Nvidia is trading on 36x forward earnings with higher growth, AMD&#39;s valuation factors in substantial doubt on it being able to drive MI300X take-up and capture the $500B AI accelerator TAM it now has in its sights with integration of ZT Systems.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9daa604aa4aba45536ebf0a45d9b7e59\" alt=\"Source: market.us\" title=\"Source: market.us\" tg-width=\"916\" tg-height=\"534\"/><span>Source: market.us</span></p><p>Free cash flows also underpin the rerating case. AMD produced $727 million of Q1 FCF (+92% YoY), which translates into an implied ~$2.8 billion FCF annualized, or 2.5% FCF yield. Adjusted for the one-time reserve charge on inventory in Q2, AMD&#39;s normalized FCF yield would be close to 3.2%, which positions it favorably relative to large-cap tech comps at comparable stages of growth.</p><h2 id=\"id_342170036\">Risks: Supply Chains, Export Controls, and Execution Timelines</h2><p>Although the structural thesis stands, AMD has material near-term concerns. The $800M write-off in inventory in Q2, attributed to U.S. export controls for high-end GPUs, is indicative of regulatory vulnerability in AI supply chains. Although management assures these are one-time charges, their effect on quarterly performance and sentiment can be a negative drag on multiple expansion. Second, integration of ZT Systems is in its early innings. Divestiture of manufacturing is in progress, though slippage in realizing rack-level synergies or margin gains has the potential to reset expectations. </p><p>Moreover, AMD&#39;s ROCm ecosystem, although maturing, lingers behind CUDA in terms of community usage, and software compatibility gaps may slow onboarding for risk-averse enterprise customers. In conclusion, there are also wider macro risks at play. A deceleration in hyperscaler CapEx or wider technology multiple compression on the back of rates or geopolitics would put pressure on valuation despite strong fundamentals. Therefore, the bull case is still dependent on timely execution.</p><h2 id=\"id_117697686\">Conclusion: A Misunderstood Compounder at an Inflection Point</h2><p>AMD is quietly transforming from being a component supplier to being an AI-native platform orchestrator. Deep operating leverage in conjunction with aggressive system-level integrations and underappreciated developer traction is causing the market to misprice its equity profile. At present prices, AMD presents one of the most skewed setups in the semis: platform economics in a compounder being priced at cyclical levels. As execution reinforces the rack-scale thesis and ROCm scales, the re-rating is not just possible, it&#39;s likely.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.tradingkey.com/analysis/stocks/us-stocks/250722452-shift-inside-amd-no-one-sees-tradingkey-yiannis-zourmpanos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2537138402","content_text":"AMD’s Q1 2025 revenue hit $7.4B with 36% YoY growth, driven by EPYC CPUs and MI300 GPUs.The ZT Systems acquisition enables rack-scale integration, expanding AMD’s addressable market and lifting Data Center margins to 25%.ROCm 6.4 and AI container updates deepen developer stickiness, positioning AMD as a CUDA alternative with open-source appeal.With a 2.5% FCF yield and PEG ratio of 0.87, AMD remains undervalued relative to AI growth and peers.Tradingkey - The general story in the case of AMD today is one of decent growth, careful optimism, and competitive catch-up. That's short-sighted. Behind the beat on top-line earnings and cyclical bounce in the PC and gaming verticals, AMD is experiencing a deeper structural transformation with significant consequences. The $7.4 billion Q1 2025 revenue beat and 36% YoY growth merely suggests as much.The actual thesis is in the intersection of rack-scale AI infrastructure, re-architected software ecosystem (ROCm), and the ZT Systems acquisition, as it makes AMD a full-stack challenger in the $500 billion AI accelerator TAM. The thesis of the article is that AMD is not just a second-string chipmaker in the shadow of Nvidia but a misunderstood platform company at an inflection point. The current valuation multiples of the market for 29x forward P/E, 2.5% FCF yield and PEG under 0.9 do not factor in AMD's embedded operating leverage, under-valued data center business, and systems-level differentiation.Source: IoT AnalyticsThe Full-Stack Ascent: From Component Supplier to Platform OrchestratorAMD's Q1 numbers shed light on its changing persona. Data Center revenue grew 57% YoY to $3.7 billion on the strength of EPYC CPU and MI300 Instinct GPU. But the important shift isn't in unit quantity, it's in integration. The completion of the ZT Systems merge on March 31, 2025 gave AMD end-to-end design competence for rack-scale systems, in effect bringing itself from silicon vendor to systems integrator. That opens AMD's addressable market and margin profile exponentially. Rack-level design implies higher ASPs, improved power/performance optimization, and closer customer lock-in, typically the domain of Nvidia or vertically integrated hyperscalers.Source: AMD’s First Quarter 2025 Financial ResultsIn the meantime, AMD is using ROCm 6.4 and AI software container deployments to enhance stickiness. Inference and training container bi-weekly updates mark the shift towards developer-driven platform economics rather than hardware share. Collaborations with Oracle, Core42, and Siemens support cross-industry affirmation. AI software integration with MI300-class GPUs replicates Nvidia's CUDA moat in open-source guise. The ramped-up Ryzen AI PC product line powered by Ryzen AI Max+ and 300 series processors supports the architecture by sowing an edge-to-cloud AI continuum, a play aimed at enabling end-to-end data observability and compute utility.The Competitive Landscape: Catching Nvidia with Infrastructure-Led PlaybooksNvidia leads the story and market capitalization, yet AMD's go-to-market differentiation deserves closer examination. Nvidia has a software moat through CUDA and deep hyperscaler pipelines while AMD is strategically outflanking in a systems play. How the addition of ZT Systems enables it to do rack-level customized deployments tailored to customers' workloads is something Nvidia, which frequently outsources integration, can't effectively match.In addition, AMD's alliances are not public relations vanity. Oracle's implementation of MI355X accelerators in hyperscale environments and Core42's AI deployment in the flagship AI facility for France are real-world indicators of demand elasticity for something other than Nvidia. At the same time, the Open Telecom AI Platform with Jio, Cisco, and Nokia is an example of horizontal alliance strategy as opposed to vertical integration such that the company can scale without controlling every node in the stack. Conversely, Intel is stuck in delays and uneven execution, and Arm-based AI chip vendors do not have the software maturity or ecosystem depth that AMD currently has.On an in-per-watt and in-per-TFLOP basis, critically, AMD is pricing aggressively. And with ROCm's increasing compatibility with top frontier models such as Meta's Llama 4 and Google's Gemma 3, the difference between Nvidia's premium pricing and AMD's value play becomes a material competitive factor.Strategic & Financial Deep Dive: Where AI Meets Margin ExpansionThe company's $0.96 Q1 2025 non-GAAP diluted earnings per share was 55% higher year-over-year on $1.6 billion of net income. Gross margin widened to 54% non-GAAP from 52% in the previous year on richer Ryzen processor mix and strong EPYC pull-through.Source: AMD’s First Quarter 2025 Financial ResultsThe company's free cash flow jumped to $727 million representing a 10% FCF margin amidst high CapEx ($212M) related to integration as well as ramping MI300 production. The Data Center segment by itself generated $932 million of operating income on $3.7 billion of sales, representing a 25% margin.Source: FinboldThe client segment was typically cyclical but produced a surprise 109% YoY growth in operating income on the back of adoption of 16-core Ryzen 9950X3D processors and notebook refresh cycles. Gaming revenue declined YoY on the back of semi-custom softness but remained flat sequentially, suggesting potential troughing.AMD's OpEx leverage is also strengthening. Even after swallowing up ZT Systems, non-GAAP OpEx only grew 5% QoQ as R&D intensity continues at ~$1.7B, an indication of AMD investing all through the cycle. Of particular note was adjusted EBITDA of $1.95 billion, 50% margin versus $1.295 billion last year, reflecting platform convergence scale benefits.On the balance sheet at the end of Q1, AMD had $7.3 billion in short-term investments and cash on hand, up 42% from the previous quarter, financed in part by $950 million commercial paper and $1.5 billion of new debt to finance the ZT transaction. Debt was at $4.16B but still low compared to equity ($58B) and the FCF path.Valuation Recalibrated: Pricing Power Meets Market SkepticismWith a trailing non-GAAP diluted EPS of $0.96 during Q1 2025, AMD's run-rate on an annualized basis implies forward non-GAAP diluted EPS of approximately $3.84. Applying this to AMD's trading range of ~$111/share currently, the stock has a price to earnings ratio of ~29x forward non-GAAP earnings. The multiple tightens upon adjusting for AMD's Q1 gross margin increase, extended operating leverage, and potential gross margin normalization back to 56–58% following the one-time $800M export surcharge in Q2.Consensus analysts project AMD's target price at $197.85 in 12 months, representing ~78% upside from here, and put AMD's PEG ratio at 0.87, significantly lower than Nvidia's >1.7 and the ~1.2 peer-group average. That divergence highlights potential mispricing. Although Nvidia is trading on 36x forward earnings with higher growth, AMD's valuation factors in substantial doubt on it being able to drive MI300X take-up and capture the $500B AI accelerator TAM it now has in its sights with integration of ZT Systems.Source: market.usFree cash flows also underpin the rerating case. AMD produced $727 million of Q1 FCF (+92% YoY), which translates into an implied ~$2.8 billion FCF annualized, or 2.5% FCF yield. Adjusted for the one-time reserve charge on inventory in Q2, AMD's normalized FCF yield would be close to 3.2%, which positions it favorably relative to large-cap tech comps at comparable stages of growth.Risks: Supply Chains, Export Controls, and Execution TimelinesAlthough the structural thesis stands, AMD has material near-term concerns. The $800M write-off in inventory in Q2, attributed to U.S. export controls for high-end GPUs, is indicative of regulatory vulnerability in AI supply chains. Although management assures these are one-time charges, their effect on quarterly performance and sentiment can be a negative drag on multiple expansion. Second, integration of ZT Systems is in its early innings. Divestiture of manufacturing is in progress, though slippage in realizing rack-level synergies or margin gains has the potential to reset expectations. Moreover, AMD's ROCm ecosystem, although maturing, lingers behind CUDA in terms of community usage, and software compatibility gaps may slow onboarding for risk-averse enterprise customers. In conclusion, there are also wider macro risks at play. A deceleration in hyperscaler CapEx or wider technology multiple compression on the back of rates or geopolitics would put pressure on valuation despite strong fundamentals. Therefore, the bull case is still dependent on timely execution.Conclusion: A Misunderstood Compounder at an Inflection PointAMD is quietly transforming from being a component supplier to being an AI-native platform orchestrator. Deep operating leverage in conjunction with aggressive system-level integrations and underappreciated developer traction is causing the market to misprice its equity profile. At present prices, AMD presents one of the most skewed setups in the semis: platform economics in a compounder being priced at cyclical levels. As execution reinforces the rack-scale thesis and ROCm scales, the re-rating is not just possible, it's likely.","news_type":1,"symbols_score_info":{"AMD":1.1}},"isVote":1,"tweetType":1,"viewCount":792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":439066074661056,"gmtCreate":1748232368157,"gmtModify":1748233622239,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Rubbish","listText":"Rubbish","text":"Rubbish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/439066074661056","repostId":"2538143754","repostType":2,"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":438733659983976,"gmtCreate":1748157579688,"gmtModify":1748157582579,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Why would customers want to buy a more inferior product","listText":"Why would customers want to buy a more inferior product","text":"Why would customers want to buy a more inferior product","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/438733659983976","repostId":"2537195727","repostType":4,"repost":{"id":"2537195727","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748129010,"share":"https://ttm.financial/m/news/2537195727?lang=&edition=full_marsco","pubTime":"2025-05-25 07:23","market":"us","language":"en","title":"Nvidia To Launch Cheaper Blackwell AI Chip For China After US Export Curbs, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2537195727","media":"Reuters","summary":"New GPU with Blackwell architecture to cost $6,500-$8,000, sources sayPrevious H20 model for China cost $10,000-$12,000It will use conventional memory and not need TSMC's advanced packaging, sources s","content":"<html><head></head><body><ul style=\"\"><li><p>New GPU with Blackwell architecture to cost $6,500-$8,000, sources say</p></li><li><p>Previous H20 model for China cost $10,000-$12,000</p></li><li><p>It will use conventional memory and not need TSMC&#39;s advanced packaging, sources say</p></li></ul><p>BEIJING/TAIPEI, May 24 (Reuters) - Nvidia NVDA.O will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.</p><p>The GPU or graphics processing unit will be part of Nvidia&#39;s latest generation Blackwell-architecture AI processors and is expected to be priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, according to two of the sources.</p><p>The lower price reflects its weaker specifications and simpler manufacturing requirements.</p><p>It will be based on Nvidia&#39;s RTX Pro 6000D, a server-class graphics processor and will use conventional GDDR7 memory instead of more advanced high bandwidth memory, the two sources said.</p><p>They added it would not use Taiwan Semiconductor Manufacturing Co&#39;s 2330.TW advanced Chip-on-Wafer-on-Substrate (CoWoS) packaging technology.</p><p>The new chip&#39;s price, specifications and production timing have not previously been reported.</p><p>The three sources Reuters spoke to for this article declined to be identified as they were not authorised to speak to media.</p><p>An Nvidia spokesperson said the company was still evaluating its &#34;limited&#34; options. &#34;Until we settle on a new product design and receive approval from the U.S. government, we are effectively foreclosed from China&#39;s $50 billion data center market.&#34;</p><p>TSMC declined to comment.</p><h2 id=\"id_4149161339\">MARKET SHARE PLUNGE</h2><p>China remains a huge market for Nvidia, accounting for 13% of its sales in the past financial year. It&#39;s the third time that Nvidia has had to tailor a GPU for the world&#39;s second-largest economy after restrictions from U.S. authorities who are keen to stymie Chinese technological development.</p><p>After the U.S. effectively banned the H20 in April, Nvidia initially considered developing a downgraded version of the H20 for China, sources have said, but that plan didn&#39;t work out.</p><p>Nvidia CEO Jensen Huang said last week the company&#39;s older Hopper architecture - which the H20 uses - can no longer accommodate further modifications under current U.S. export restrictions.</p><p>Reuters was unable to determine the product&#39;s final name.</p><p>Chinese brokerage GF Securities said in a note published on Tuesday that the new GPU would likely be called the 6000D or the B40, though it did not disclose pricing or cite sources for the information.</p><p>According to two of the sources, Nvidia is also developing another Blackwell-architecture chip for China that is set to begin production as early as September. Reuters was not immediately able to confirm specifications of that variant.</p><p>Nvidia&#39;s market share in China has plummeted from 95% before 2022, when U.S. export curbs that impacted its products began, to 50% currently, Huang told reporters in Taipei this week. Its main competitor is Huawei HWT.UL which produces the Ascend 910B chip.</p><p>Huang also warned that if U.S. export curbs continue, more Chinese customers will buy Huawei&#39;s chips.</p><p>The H20 ban forced Nvidia to write off $5.5 billion in inventory and Huang told the Stratechery podcast on Monday that the company also had to walk away from $15 billion in sales.</p><p>The latest export restrictions introduced new limits on GPU memory bandwidth - a crucial metric measuring data transmission speeds between the main processor and memory chips. This capability is particularly important for AI workloads that require extensive data processing.</p><p>Investment bank Jefferies estimates that the new regulations cap memory bandwidth at 1.7-1.8 terabytes per second. That compares with the 4 terabytes per second that the H20 is capable of.</p><p>GF Securities forecast the new GPU will achieve approximately 1.7 terabytes per second using GDDR7 memory technology, just within the export control limits.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia To Launch Cheaper Blackwell AI Chip For China After US Export Curbs, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia To Launch Cheaper Blackwell AI Chip For China After US Export Curbs, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-25 07:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>New GPU with Blackwell architecture to cost $6,500-$8,000, sources say</p></li><li><p>Previous H20 model for China cost $10,000-$12,000</p></li><li><p>It will use conventional memory and not need TSMC&#39;s advanced packaging, sources say</p></li></ul><p>BEIJING/TAIPEI, May 24 (Reuters) - Nvidia NVDA.O will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.</p><p>The GPU or graphics processing unit will be part of Nvidia&#39;s latest generation Blackwell-architecture AI processors and is expected to be priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, according to two of the sources.</p><p>The lower price reflects its weaker specifications and simpler manufacturing requirements.</p><p>It will be based on Nvidia&#39;s RTX Pro 6000D, a server-class graphics processor and will use conventional GDDR7 memory instead of more advanced high bandwidth memory, the two sources said.</p><p>They added it would not use Taiwan Semiconductor Manufacturing Co&#39;s 2330.TW advanced Chip-on-Wafer-on-Substrate (CoWoS) packaging technology.</p><p>The new chip&#39;s price, specifications and production timing have not previously been reported.</p><p>The three sources Reuters spoke to for this article declined to be identified as they were not authorised to speak to media.</p><p>An Nvidia spokesperson said the company was still evaluating its &#34;limited&#34; options. &#34;Until we settle on a new product design and receive approval from the U.S. government, we are effectively foreclosed from China&#39;s $50 billion data center market.&#34;</p><p>TSMC declined to comment.</p><h2 id=\"id_4149161339\">MARKET SHARE PLUNGE</h2><p>China remains a huge market for Nvidia, accounting for 13% of its sales in the past financial year. It&#39;s the third time that Nvidia has had to tailor a GPU for the world&#39;s second-largest economy after restrictions from U.S. authorities who are keen to stymie Chinese technological development.</p><p>After the U.S. effectively banned the H20 in April, Nvidia initially considered developing a downgraded version of the H20 for China, sources have said, but that plan didn&#39;t work out.</p><p>Nvidia CEO Jensen Huang said last week the company&#39;s older Hopper architecture - which the H20 uses - can no longer accommodate further modifications under current U.S. export restrictions.</p><p>Reuters was unable to determine the product&#39;s final name.</p><p>Chinese brokerage GF Securities said in a note published on Tuesday that the new GPU would likely be called the 6000D or the B40, though it did not disclose pricing or cite sources for the information.</p><p>According to two of the sources, Nvidia is also developing another Blackwell-architecture chip for China that is set to begin production as early as September. Reuters was not immediately able to confirm specifications of that variant.</p><p>Nvidia&#39;s market share in China has plummeted from 95% before 2022, when U.S. export curbs that impacted its products began, to 50% currently, Huang told reporters in Taipei this week. Its main competitor is Huawei HWT.UL which produces the Ascend 910B chip.</p><p>Huang also warned that if U.S. export curbs continue, more Chinese customers will buy Huawei&#39;s chips.</p><p>The H20 ban forced Nvidia to write off $5.5 billion in inventory and Huang told the Stratechery podcast on Monday that the company also had to walk away from $15 billion in sales.</p><p>The latest export restrictions introduced new limits on GPU memory bandwidth - a crucial metric measuring data transmission speeds between the main processor and memory chips. This capability is particularly important for AI workloads that require extensive data processing.</p><p>Investment bank Jefferies estimates that the new regulations cap memory bandwidth at 1.7-1.8 terabytes per second. That compares with the 4 terabytes per second that the H20 is capable of.</p><p>GF Securities forecast the new GPU will achieve approximately 1.7 terabytes per second using GDDR7 memory technology, just within the export control limits.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250524:nL1N3RU045:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2537195727","content_text":"New GPU with Blackwell architecture to cost $6,500-$8,000, sources sayPrevious H20 model for China cost $10,000-$12,000It will use conventional memory and not need TSMC's advanced packaging, sources sayBEIJING/TAIPEI, May 24 (Reuters) - Nvidia NVDA.O will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.The GPU or graphics processing unit will be part of Nvidia's latest generation Blackwell-architecture AI processors and is expected to be priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, according to two of the sources.The lower price reflects its weaker specifications and simpler manufacturing requirements.It will be based on Nvidia's RTX Pro 6000D, a server-class graphics processor and will use conventional GDDR7 memory instead of more advanced high bandwidth memory, the two sources said.They added it would not use Taiwan Semiconductor Manufacturing Co's 2330.TW advanced Chip-on-Wafer-on-Substrate (CoWoS) packaging technology.The new chip's price, specifications and production timing have not previously been reported.The three sources Reuters spoke to for this article declined to be identified as they were not authorised to speak to media.An Nvidia spokesperson said the company was still evaluating its \"limited\" options. \"Until we settle on a new product design and receive approval from the U.S. government, we are effectively foreclosed from China's $50 billion data center market.\"TSMC declined to comment.MARKET SHARE PLUNGEChina remains a huge market for Nvidia, accounting for 13% of its sales in the past financial year. It's the third time that Nvidia has had to tailor a GPU for the world's second-largest economy after restrictions from U.S. authorities who are keen to stymie Chinese technological development.After the U.S. effectively banned the H20 in April, Nvidia initially considered developing a downgraded version of the H20 for China, sources have said, but that plan didn't work out.Nvidia CEO Jensen Huang said last week the company's older Hopper architecture - which the H20 uses - can no longer accommodate further modifications under current U.S. export restrictions.Reuters was unable to determine the product's final name.Chinese brokerage GF Securities said in a note published on Tuesday that the new GPU would likely be called the 6000D or the B40, though it did not disclose pricing or cite sources for the information.According to two of the sources, Nvidia is also developing another Blackwell-architecture chip for China that is set to begin production as early as September. Reuters was not immediately able to confirm specifications of that variant.Nvidia's market share in China has plummeted from 95% before 2022, when U.S. export curbs that impacted its products began, to 50% currently, Huang told reporters in Taipei this week. Its main competitor is Huawei HWT.UL which produces the Ascend 910B chip.Huang also warned that if U.S. export curbs continue, more Chinese customers will buy Huawei's chips.The H20 ban forced Nvidia to write off $5.5 billion in inventory and Huang told the Stratechery podcast on Monday that the company also had to walk away from $15 billion in sales.The latest export restrictions introduced new limits on GPU memory bandwidth - a crucial metric measuring data transmission speeds between the main processor and memory chips. This capability is particularly important for AI workloads that require extensive data processing.Investment bank Jefferies estimates that the new regulations cap memory bandwidth at 1.7-1.8 terabytes per second. That compares with the 4 terabytes per second that the H20 is capable of.GF Securities forecast the new GPU will achieve approximately 1.7 terabytes per second using GDDR7 memory technology, just within the export control limits.","news_type":1,"symbols_score_info":{"2NVD.UK":0.6,"3NVD.UK":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDA":0.9,"NVDD":0.6,"NVDL":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":438770558324744,"gmtCreate":1748155919716,"gmtModify":1748160504704,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price&nbsp;","listText":"I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price&nbsp;","text":"I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/438770558324744","repostId":"2537195617","repostType":2,"repost":{"id":"2537195617","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748129152,"share":"https://ttm.financial/m/news/2537195617?lang=&edition=full_marsco","pubTime":"2025-05-25 07:25","market":"nz","language":"en","title":"Nvidia CEO Calls Trump Re-Industrialisation Policies \"Visionary\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2537195617","media":"Reuters","summary":"Nvidia CEO calls Trump re-industrialisation policies 'visionary'By Supantha Mukherjee","content":"<html><head></head><body><p>NORRKOPING, Sweden, May 24 (Reuters) - Nvidia NVDA.O CEO Jensen Huang on Saturday praised U.S. President Donald Trump&#39;s efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.</p><p>Nvidia will provide its latest generation AI data centre platform to a group of Swedish companies, including telecoms gear maker Ericsson ERICb.ST and drug developer AstraZeneca AZN.L.</p><p>Nvidia has announced a number of similar partnerships in recent weeks in Saudi Arabia and the UAE after the Trump administration rescinded a rule put in place by previous President Joe Biden that would have restricted exports of AI chips.</p><p>Huang, who had earlier called controls &#34;a failure,&#34; said President Donald Trump wanted U.S. firms to &#34;win&#34;.</p><p>&#34;American technology companies were very successful in China four years ago, we have lost about 50% of the market share and competitors have grown,&#34; he said on Saturday in Norrkoping, where he was due to receive an honorary doctorate from Linkoping University.</p><p>&#34;The President would like American technology to win with Nvidia and American companies to sell chips all over the world and to generate revenues, tax revenues, invest and build in the United States,&#34; he said.</p><p>The Trump administration has introduced sweeping tariffs saying they would stimulate growth, bring home manufacturing jobs and raise tax revenues.</p><p>Many businesses and economists, though, have warned tariffs could have the opposite effect and lead to a recession in the United States and a global downturn by pushing up costs, upending supply chains and hurting consumer and business confidence.</p><p>Huang said many policies related to re-industrialisation were &#34;very visionary&#34;.</p><p>&#34;Manufacturing in the United States, securing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain - all of that is excellent,&#34; he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia CEO Calls Trump Re-Industrialisation Policies \"Visionary\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia CEO Calls Trump Re-Industrialisation Policies \"Visionary\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-25 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NORRKOPING, Sweden, May 24 (Reuters) - Nvidia NVDA.O CEO Jensen Huang on Saturday praised U.S. President Donald Trump&#39;s efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.</p><p>Nvidia will provide its latest generation AI data centre platform to a group of Swedish companies, including telecoms gear maker Ericsson ERICb.ST and drug developer AstraZeneca AZN.L.</p><p>Nvidia has announced a number of similar partnerships in recent weeks in Saudi Arabia and the UAE after the Trump administration rescinded a rule put in place by previous President Joe Biden that would have restricted exports of AI chips.</p><p>Huang, who had earlier called controls &#34;a failure,&#34; said President Donald Trump wanted U.S. firms to &#34;win&#34;.</p><p>&#34;American technology companies were very successful in China four years ago, we have lost about 50% of the market share and competitors have grown,&#34; he said on Saturday in Norrkoping, where he was due to receive an honorary doctorate from Linkoping University.</p><p>&#34;The President would like American technology to win with Nvidia and American companies to sell chips all over the world and to generate revenues, tax revenues, invest and build in the United States,&#34; he said.</p><p>The Trump administration has introduced sweeping tariffs saying they would stimulate growth, bring home manufacturing jobs and raise tax revenues.</p><p>Many businesses and economists, though, have warned tariffs could have the opposite effect and lead to a recession in the United States and a global downturn by pushing up costs, upending supply chains and hurting consumer and business confidence.</p><p>Huang said many policies related to re-industrialisation were &#34;very visionary&#34;.</p><p>&#34;Manufacturing in the United States, securing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain - all of that is excellent,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","NVIW.SI":"NVDA 3xLongSG261006","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","3NVD.UK":"LS 3X NVIDIA","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1061106388.HKD":"BGF WORLD HEALTHSCIENCE \"A2\" (HKDHDG) ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","03165":"华夏欧优股对冲","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","NVD":"GraniteShares 2x Short NVDA Daily ETF","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1880407132.USD":"AMUNDI FUNDS NET ZERO AMBITION TOP EUROPEAN PLAYERS \"A2\" (USD) ACC","NVDD":"Direxion Daily NVDA Bear 1X Shares","AZN.UK":"阿斯利康制药","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","NVDA":"英伟达","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","NVD2.UK":"2X NVIDIA ETP","LU0997586432.USD":"FIDELITY SUSTAINABLE EUROPE EQUITY \"A\" (USDHDG) ACC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","NVD3.UK":"LS 3X NVIDIA","NVDS":"Tradr 1.5X Short NVDA Daily ETF","NVDS.UK":"LS -1X NVIDIA","NVDU":"Direxion Daily NVDA Bull 2X Shares","IE00BJT1NW94.SGD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"A2\" (SGDHDG) ACC","LU0757432116.USD":"THREADNEEDLE (LUX) PAN EUROPEAN ESG EQUITIES \"AE\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","SNVD.UK":"LS -1X NVIDIA","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","2NVD.UK":"2X NVIDIA ETP","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4614":"Manus概念股","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250524:nL5N3RW01A:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2537195617","content_text":"NORRKOPING, Sweden, May 24 (Reuters) - Nvidia NVDA.O CEO Jensen Huang on Saturday praised U.S. President Donald Trump's efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.Nvidia will provide its latest generation AI data centre platform to a group of Swedish companies, including telecoms gear maker Ericsson ERICb.ST and drug developer AstraZeneca AZN.L.Nvidia has announced a number of similar partnerships in recent weeks in Saudi Arabia and the UAE after the Trump administration rescinded a rule put in place by previous President Joe Biden that would have restricted exports of AI chips.Huang, who had earlier called controls \"a failure,\" said President Donald Trump wanted U.S. firms to \"win\".\"American technology companies were very successful in China four years ago, we have lost about 50% of the market share and competitors have grown,\" he said on Saturday in Norrkoping, where he was due to receive an honorary doctorate from Linkoping University.\"The President would like American technology to win with Nvidia and American companies to sell chips all over the world and to generate revenues, tax revenues, invest and build in the United States,\" he said.The Trump administration has introduced sweeping tariffs saying they would stimulate growth, bring home manufacturing jobs and raise tax revenues.Many businesses and economists, though, have warned tariffs could have the opposite effect and lead to a recession in the United States and a global downturn by pushing up costs, upending supply chains and hurting consumer and business confidence.Huang said many policies related to re-industrialisation were \"very visionary\".\"Manufacturing in the United States, securing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain - all of that is excellent,\" he said.","news_type":1,"symbols_score_info":{"03165":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"AZN.UK":0.9,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDA":0.9,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":437493076402944,"gmtCreate":1747840448572,"gmtModify":1747840452402,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Nvidia is the King AI Winner. Full Stop","listText":"Nvidia is the King AI Winner. Full Stop","text":"Nvidia is the King AI Winner. Full Stop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/437493076402944","isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":436889005138040,"gmtCreate":1747713672870,"gmtModify":1747714656472,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"American think only they know how to make Chip","listText":"American think only they know how to make Chip","text":"American think only they know how to make Chip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/436889005138040","repostId":"1150369462","repostType":2,"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":436333252928032,"gmtCreate":1747562488059,"gmtModify":1747562491671,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Good choice . Singapore is a friendly country","listText":"Good choice . Singapore is a friendly country","text":"Good choice . Singapore is a friendly country","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/436333252928032","repostId":"2536853289","repostType":2,"repost":{"id":"2536853289","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1747561037,"share":"https://ttm.financial/m/news/2536853289?lang=&edition=full_marsco","pubTime":"2025-05-18 17:37","market":"sg","language":"en","title":"Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War","url":"https://stock-news.laohu8.com/highlight/detail?id=2536853289","media":"Reuters","summary":"At least five Chinese and Hong Kong firms eye listings on SGXChinese firms eye Singapore listings to expand in Southeast AsiaSingapore bourse hosted 4 IPOs in 2024, versus 71 in Hong KongSGX says list","content":"<html><head></head><body><ul style=\"\"><li><p>At least five Chinese and Hong Kong firms eye listings on SGX</p></li><li><p>Chinese firms eye Singapore listings to expand in Southeast Asia</p></li><li><p>Singapore bourse hosted 4 IPOs in 2024, versus 71 in Hong Kong</p></li><li><p>SGX says listings to provide Chinese firms &#39;gateway&#39; to world</p></li></ul><p>(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.</p><p>The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.</p><p>The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.</p><p>SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.</p><p>Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.</p><p>U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration&#39;s unpredictability.</p><p>Enquiries about listings on SGX &#34;shot through the roof&#34; after Trump ramped up his trade actions against China, Saw said.</p><p>&#34;For the next years and decades, gateways from China to the world are going to be more important,&#34; said Pol de Win, senior managing director and head of global sales and origination at SGX.</p><p>&#34;Singapore is an important gateway, whether it&#39;s trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.&#34; De Win did not mention the listing plans of the Chinese and Hong Kong firms.</p><p>&#39;GROWING INTEREST&#39;</p><p>CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.</p><p>Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.</p><p>SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing&#39;s support and a large pool of institutional and retail investors more familiar with Chinese brands.</p><p>Beijing&#39;s efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.</p><p>The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.</p><p>The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY&#39;s Asia Pacific IPO Leader, adding that Singapore&#39;s &#34;political stability and neutral stance&#34; on geopolitical matters should appeal to companies.</p><p>Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore&#39;s relatively conservative investors and stricter listing requirements.</p><p>&#34;You need to make it easier for companies, especially technology companies, to list,&#34; said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.</p><p>&#34;Most of the startups in the region are headquartered in Singapore, so this should be the place they list.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSome Chinese Companies Eye Singapore Listings to Expand Markets Amid Trade War\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-18 17:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>At least five Chinese and Hong Kong firms eye listings on SGX</p></li><li><p>Chinese firms eye Singapore listings to expand in Southeast Asia</p></li><li><p>Singapore bourse hosted 4 IPOs in 2024, versus 71 in Hong Kong</p></li><li><p>SGX says listings to provide Chinese firms &#39;gateway&#39; to world</p></li></ul><p>(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.</p><p>The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.</p><p>The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.</p><p>SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.</p><p>Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.</p><p>U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration&#39;s unpredictability.</p><p>Enquiries about listings on SGX &#34;shot through the roof&#34; after Trump ramped up his trade actions against China, Saw said.</p><p>&#34;For the next years and decades, gateways from China to the world are going to be more important,&#34; said Pol de Win, senior managing director and head of global sales and origination at SGX.</p><p>&#34;Singapore is an important gateway, whether it&#39;s trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.&#34; De Win did not mention the listing plans of the Chinese and Hong Kong firms.</p><p>&#39;GROWING INTEREST&#39;</p><p>CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.</p><p>Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.</p><p>SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing&#39;s support and a large pool of institutional and retail investors more familiar with Chinese brands.</p><p>Beijing&#39;s efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.</p><p>The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.</p><p>The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY&#39;s Asia Pacific IPO Leader, adding that Singapore&#39;s &#34;political stability and neutral stance&#34; on geopolitical matters should appeal to companies.</p><p>Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore&#39;s relatively conservative investors and stricter listing requirements.</p><p>&#34;You need to make it easier for companies, especially technology companies, to list,&#34; said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.</p><p>&#34;Most of the startups in the region are headquartered in Singapore, so this should be the place they list.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"80388":"香港交易所-R","601881":"中国银河","LU1504937902.USD":"CT (LUX) I ASIAN EQUITY INCOME \"DUP\" (EUR) INC","S68.SI":"新加坡交易所","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","03145":"华夏亚洲高息股","STI.SI":"富时新加坡海峡指数","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","LU0048597586.USD":"富达亚洲焦点A","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0577902538.SGD":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","00003":"香港中华煤气","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0648948544.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AM\" (HKD) INC","LU2242652126.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) INC","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","HKXCY":"香港交易所ADR","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","LU2242646235.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) ACC","BK1131":"金融交易所和数据","FSTM.SI":"富时海峡中盘指数","LU1734074674.USD":"NINETY ONE GSF ASIA PACIFIC FRANCHISE \"A\"(USD) ACC","LU0261947096.USD":"FIDELITY FUNDS  SUSTAINABLE ASIA EQUITY \"A\" (USD) ACC","LU1044875133.USD":"天利亚洲反向股票 AU Acc","LU0188438112.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","IE00B3T34201.USD":"BNY MELLON GLOBAL EQUITY INCOME \"B\" (USD) INC","ES3.SI":"STI ETF","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","09869":"海伦司","LU0762542818.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM\" (HKD) INC","LU1807302812.USD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (USD) ACC","FSTAS.SI":"富时海峡全股指数","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","00388":"香港交易所","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","00182":"协合新能源","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","LU1366334578.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"A\" (USD) INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250517:nL4N3R718G:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2536853289","content_text":"At least five Chinese and Hong Kong firms eye listings on SGXChinese firms eye Singapore listings to expand in Southeast AsiaSingapore bourse hosted 4 IPOs in 2024, versus 71 in Hong KongSGX says listings to provide Chinese firms 'gateway' to world(Reuters) - At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions.The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group, said the sources, who have direct knowledge of the matter, but declined to be named or to name the firms as the plans are not finalised.The listings would give a boost to Singapore Exchange Ltd (SGX), which, despite being a popular venue for yield plays such as real estate investment trusts, has been struggling to attract mega listings and bolster trading volumes.SGX hosted just four initial public offerings in 2024, according to its website. That compares with 71 new company listings recorded by its rival regional bourse Hong Kong Exchanges and Clearing Ltd 0388.HK.Chinese companies are looking to tap the Singaporean bourse as they look to enter, or expand business in, Southeast Asia amid a trade war with the United States, Jason Saw, investment banking group head at CGS International Securities, said.U.S. President Donald Trump imposed tariffs of 145% on imports of Chinese goods, and China in turn raised tariffs on U.S. goods to 125%, before the two sides agreed a 90-day pause last weekend. But uncertainty remains, given the time limit and the Trump administration's unpredictability.Enquiries about listings on SGX \"shot through the roof\" after Trump ramped up his trade actions against China, Saw said.\"For the next years and decades, gateways from China to the world are going to be more important,\" said Pol de Win, senior managing director and head of global sales and origination at SGX.\"Singapore is an important gateway, whether it's trade (or) business activity from China to the outside world, and a listing in Singapore is an important component of that.\" De Win did not mention the listing plans of the Chinese and Hong Kong firms.'GROWING INTEREST'CGS International, a unit of state-owned brokerage China Galaxy Securities 601881.SS, is working with at least two China-based companies to list on the SGX as early as this year, according to Saw. He declined to name the companies.Some of the mainland Chinese and Hong Kong companies could raise around $100 million via primary listings in Singapore, said one of the sources.SGX is usually not the first choice for Chinese companies eyeing an offshore market debut. Most of them prefer Hong Kong due to Beijing's support and a large pool of institutional and retail investors more familiar with Chinese brands.Beijing's efforts to boost ties with Southeast Asia, amid escalating tension with Washington, have, however, encouraged some Chinese companies to increase their presence in the region, capital market advisers said.The listing plans in Singapore come after the city-state in February announced measures to strengthen its equities market, which included a 20% tax rebate for primary listings, and vowed to unveil a next set of measures in the second half of 2025.The initiatives are set to boost interest in the local IPO market, said Ringo Choi, EY's Asia Pacific IPO Leader, adding that Singapore's \"political stability and neutral stance\" on geopolitical matters should appeal to companies.Not many, however, see Singapore closing its gap with Hong Kong in equity listings in the near future, due to factors including Singapore's relatively conservative investors and stricter listing requirements.\"You need to make it easier for companies, especially technology companies, to list,\" said the managing director of a Singapore-based multinational software company, who declined to be named as he was not authorised to speak to the media.\"Most of the startups in the region are headquartered in Singapore, so this should be the place they list.\"","news_type":1,"symbols_score_info":{"80388":0.6,"601881":0.9,"00003":0.9,"00182":0.9,"00388":0.9,"03145":0.6,"09869":0.9,"ES3.SI":0.6,"FSTAS.SI":0.6,"FSTM.SI":0.6,"HEXmain":0.6,"HKXCY":0.6,"S68.SI":0.9,"STI.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":435710754009568,"gmtCreate":1747410426851,"gmtModify":1747410429957,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Going to the Moon","listText":"Going to the Moon","text":"Going to the Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/435710754009568","repostId":"1141557771","repostType":2,"repost":{"id":"1141557771","kind":"news","pubTimestamp":1747408216,"share":"https://ttm.financial/m/news/1141557771?lang=&edition=full_marsco","pubTime":"2025-05-16 23:10","market":"us","language":"en","title":"Nvidia Shares Roar Back as Clouds Hanging Over Chipmaker Fade","url":"https://stock-news.laohu8.com/highlight/detail?id=1141557771","media":"Bloomberg","summary":"After several months in the wilderness,  $NVIDIA(NVDA)$  shares have found their way again as doubts about Big Tech spending subside, trade tensions with China ease, and new chip buyers emerge.The sto","content":"<html><head></head><body><p>After several months in the wilderness, <a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a> shares have found their way again as doubts about Big Tech spending subside, trade tensions with China ease, and new chip buyers emerge.</p><p style=\"text-align: start;\">The stock rallied this week and is on track for the best month in a year after a series of long-term sales agreements during President Donald Trump’s trip to the Middle East. That followed a tariff detente between the US and China and an earnings season that showed Nvidia’s biggest customers remain full-steam ahead on capital spending related to artificial intelligence infrastructure, where the chipmaker dominates.</p><p style=\"text-align: start;\">The stock has now advanced around 44% from an April low and is less than 6% from where it closed on Jan. 24, the day before the emergence of DeepSeek’s R1 model sparked fears that cheaper AI development would hurt sales, sending Nvidia and other technology stocks tumbling. </p><p style=\"text-align: start;\">“This season showed that the hyperscalers continue to increase their estimates for what they’re going to spend, and Nvidia remains the primary beneficiary of that capex,” said Robert Ruggirello, chief investment officer at Brave Eagle Wealth Management. “Everyone wants off the train before the party stops, but I don’t know why they expect it to stop.” With respect to spending on AI, “I think we’re in the second inning of a nine-inning game.”</p><p style=\"text-align: start;\">Since the start of the month, Nvidia has blown through both its 50-day and 200-day moving averages, positive technical signals for both its near- and long-term momentum. The rally has added about $1 trillion in market capitalization since its April low, pushing it ahead of Apple Inc. in market capitalization. At $3.29 trillion, Nvidia is now second only to Microsoft Corp.’s $3.37 trillion among the world’s biggest stocks.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1270011dc5908aa948d49b6d19f188ee\" title=\"\" tg-width=\"511\" tg-height=\"308\"/></p><p>Nvidia’s latest rally marks a stark turnaround from the biggest drawdown in the stock since 2022. At its low last month, the chipmaker’s shares had fallen 37% from a January all-time high amid concerns that Big Tech’s chip-buying binge was set to cool and trade hostilities between the US and China threatened a key market.</p><p>Instead of pulling back, tech giants upped the ante. Microsoft Corp. and Alphabet Inc. pledged to spend even more next year, while Meta Platforms Inc. raised its <u>forecast</u> for capital expenditures on the back of AI-related demand tailwinds. Along with Amazon.com Inc., capital expenditures for the four companies are projected to reach nearly $330 billion in 2026, up 6% from estimated spending this year, according to the average of analyst estimates compiled by Bloomberg.</p><p style=\"text-align: start;\">While risks of a negative shift in US trade policies with regard to China remain, Wall Street has been encouraged by new business opportunities in the Middle East.</p><p style=\"text-align: start;\">Bank of America on Wednesday raised its price target on Nvidia to $160 from $150 and reiterated its buy rating on the stock. Analyst Vivek Arya estimated commitments for an infrastructure project in Saudi Arabia reported this week could generate as much as $5 billion annually for Nvidia and competitor Advanced Micro Devices Inc. and help offset lost sales as a result of chip export restrictions on China.</p><p style=\"text-align: start;\">Wall Street remains almost uniformly positive on the stock, as 87% of the analysts tracked by Bloomberg recommend buying, and it trades about 20% below the average analyst price target, making for the second-highest implied return among Magnificent Seven stocks, behind Alphabet Inc.</p><h3 id=\"id_1606589083\" style=\"text-align: start;\">‘Attractive’ Profile</h3><p style=\"text-align: start;\">Meanwhile, the valuation on Nvidia shares has staged a comeback from the cheapest relative to anticipated profits since 2019, but it remains below the long-term average. After the shares briefly traded under 20 times earnings estimated over the next 12 months, they are now priced at 28 times, compared with an average of almost 35 times over the past decade, according to data compiled by Bloomberg. The S&amp;P 500 Index carries a multiple of 21.6.</p><p style=\"text-align: start;\">Nvidia is expected to grow revenue 54% in its 2026 fiscal year, which finishes at the end of January. The company is due to report it’s next batch of earnings after the market close on May 28. Revenue growth in the S&amp;P 500 is expected to be 4.4% this year, according to Bloomberg Intelligence.</p><p style=\"text-align: start;\">“There’s usually a cost for owning the kind of growth Nvidia offers, but the valuation isn’t far from multi-year lows or the overall market, which is a testament to how attractive the investment profile is,” said Andre Bakhos, president of Ingenium Analytics.</p><p style=\"text-align: start;\">“Right now all the metrics are playing out in Nvidia’s favor: the technical strength in the stock, the valuation, and the growth profile, especially with new markets in the Middle East. That just shows you how hard it is to break a trend when the fundamentals are so sound.”</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Shares Roar Back as Clouds Hanging Over Chipmaker Fade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Shares Roar Back as Clouds Hanging Over Chipmaker Fade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-16 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-05-16/nvidia-shares-roar-back-as-clouds-hanging-over-chipmaker-fade?srnd=phx-technology><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After several months in the wilderness, NVIDIA shares have found their way again as doubts about Big Tech spending subside, trade tensions with China ease, and new chip buyers emerge.The stock rallied...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-05-16/nvidia-shares-roar-back-as-clouds-hanging-over-chipmaker-fade?srnd=phx-technology\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2025-05-16/nvidia-shares-roar-back-as-clouds-hanging-over-chipmaker-fade?srnd=phx-technology","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141557771","content_text":"After several months in the wilderness, NVIDIA shares have found their way again as doubts about Big Tech spending subside, trade tensions with China ease, and new chip buyers emerge.The stock rallied this week and is on track for the best month in a year after a series of long-term sales agreements during President Donald Trump’s trip to the Middle East. That followed a tariff detente between the US and China and an earnings season that showed Nvidia’s biggest customers remain full-steam ahead on capital spending related to artificial intelligence infrastructure, where the chipmaker dominates.The stock has now advanced around 44% from an April low and is less than 6% from where it closed on Jan. 24, the day before the emergence of DeepSeek’s R1 model sparked fears that cheaper AI development would hurt sales, sending Nvidia and other technology stocks tumbling. “This season showed that the hyperscalers continue to increase their estimates for what they’re going to spend, and Nvidia remains the primary beneficiary of that capex,” said Robert Ruggirello, chief investment officer at Brave Eagle Wealth Management. “Everyone wants off the train before the party stops, but I don’t know why they expect it to stop.” With respect to spending on AI, “I think we’re in the second inning of a nine-inning game.”Since the start of the month, Nvidia has blown through both its 50-day and 200-day moving averages, positive technical signals for both its near- and long-term momentum. The rally has added about $1 trillion in market capitalization since its April low, pushing it ahead of Apple Inc. in market capitalization. At $3.29 trillion, Nvidia is now second only to Microsoft Corp.’s $3.37 trillion among the world’s biggest stocks.Nvidia’s latest rally marks a stark turnaround from the biggest drawdown in the stock since 2022. At its low last month, the chipmaker’s shares had fallen 37% from a January all-time high amid concerns that Big Tech’s chip-buying binge was set to cool and trade hostilities between the US and China threatened a key market.Instead of pulling back, tech giants upped the ante. Microsoft Corp. and Alphabet Inc. pledged to spend even more next year, while Meta Platforms Inc. raised its forecast for capital expenditures on the back of AI-related demand tailwinds. Along with Amazon.com Inc., capital expenditures for the four companies are projected to reach nearly $330 billion in 2026, up 6% from estimated spending this year, according to the average of analyst estimates compiled by Bloomberg.While risks of a negative shift in US trade policies with regard to China remain, Wall Street has been encouraged by new business opportunities in the Middle East.Bank of America on Wednesday raised its price target on Nvidia to $160 from $150 and reiterated its buy rating on the stock. Analyst Vivek Arya estimated commitments for an infrastructure project in Saudi Arabia reported this week could generate as much as $5 billion annually for Nvidia and competitor Advanced Micro Devices Inc. and help offset lost sales as a result of chip export restrictions on China.Wall Street remains almost uniformly positive on the stock, as 87% of the analysts tracked by Bloomberg recommend buying, and it trades about 20% below the average analyst price target, making for the second-highest implied return among Magnificent Seven stocks, behind Alphabet Inc.‘Attractive’ ProfileMeanwhile, the valuation on Nvidia shares has staged a comeback from the cheapest relative to anticipated profits since 2019, but it remains below the long-term average. After the shares briefly traded under 20 times earnings estimated over the next 12 months, they are now priced at 28 times, compared with an average of almost 35 times over the past decade, according to data compiled by Bloomberg. The S&P 500 Index carries a multiple of 21.6.Nvidia is expected to grow revenue 54% in its 2026 fiscal year, which finishes at the end of January. The company is due to report it’s next batch of earnings after the market close on May 28. Revenue growth in the S&P 500 is expected to be 4.4% this year, according to Bloomberg Intelligence.“There’s usually a cost for owning the kind of growth Nvidia offers, but the valuation isn’t far from multi-year lows or the overall market, which is a testament to how attractive the investment profile is,” said Andre Bakhos, president of Ingenium Analytics.“Right now all the metrics are playing out in Nvidia’s favor: the technical strength in the stock, the valuation, and the growth profile, especially with new markets in the Middle East. That just shows you how hard it is to break a trend when the fundamentals are so sound.”","news_type":1,"symbols_score_info":{"NVDA":1.1}},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":435012843343880,"gmtCreate":1747223047587,"gmtModify":1747229172018,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Suddenly Trump has become my Hero","listText":"Suddenly Trump has become my Hero","text":"Suddenly Trump has become my Hero","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/435012843343880","repostId":"1117148600","repostType":2,"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":434844429615336,"gmtCreate":1747154114464,"gmtModify":1747154118072,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Above 100 MA price now, going to the Moon","listText":"Above 100 MA price now, going to the Moon","text":"Above 100 MA price now, going to the Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/434844429615336","repostId":"2534949226","repostType":2,"repost":{"id":"2534949226","kind":"highlight","pubTimestamp":1747136372,"share":"https://ttm.financial/m/news/2534949226?lang=&edition=full_marsco","pubTime":"2025-05-13 19:39","market":"us","language":"en","title":"History Says Now Is the Time to Buy Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2534949226","media":"Motley Fool","summary":"After each of its first-quarter earnings reports of the past few years, Nvidia's stock has popped.The stock is valued now at almost the exact forward P/E levels as it was in May 2024 and May 2023.Nvidia's largest customers have indicated that their AI infrastructure spending plans are still on track.","content":"<html><head></head><body><ul style=\"\"><li><p>After each of its first-quarter earnings reports of the past few years, Nvidia&#39;s stock has popped.</p></li><li><p>The stock is valued now at almost the exact forward P/E levels as it was in May 2024 and May 2023.</p></li><li><p>Nvidia&#39;s largest customers have indicated that their AI infrastructure spending plans are still on track.</p></li></ul><p>History doesn&#39;t normally repeat itself, but it often rhymes. So investors can take what has happened in the past as an indicator of what might happen in the future.</p><p>With that in mind, a pattern seems to be developing with <strong>Nvidia</strong> stock: It has made large price gains in May in each of the past two years, and the way the stock is set up right now is reminiscent of how it looked before both of those jumps. That could be a sign for investors to buy it now.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bffecb900f6a708261cd215d4bc0c57d\" tg-width=\"700\" tg-height=\"393\"/></p><h2 id=\"id_207278331\">New year, same valuation</h2><p>Nvidia makes graphics processing units (GPUs), which are fantastic tools for anyone looking to perform the types of computing tasks that can benefit from a lot of parallel processing power -- applications like displaying high-resolution video game graphics (the task they were originally designed for) and artificial intelligence (AI) model training.</p><p>Demand for GPUs exploded in early 2023 as the race to build out data centers to support AI software kicked off. This led to a big jump in Nvidia&#39;s stock price in late May of that year after it reported solid first-quarter fiscal 2024 results and offered impressive guidance for fiscal Q2.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4b849b0f630b19cf997aeff2b99fa3a\" tg-width=\"720\" tg-height=\"456\"/></p><p>Fast-forward to May 2024. After Nvidia had already posted incredible results for an entire year, the market wasn&#39;t sure whether it could keep its growth rates up. However, it turned in another impressive fiscal Q1 report that sent the stock higher.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9c5714cba33d9227e36eb848245e230e\" tg-width=\"720\" tg-height=\"456\"/></p><p>In May 2025, we&#39;re seeing a similar setup. Investors are worried that Nvidia won&#39;t be able to deliver the pace of growth they&#39;ve become accustomed to -- though this time, their concerns are driven by factors such as President Donald Trump&#39;s tariffs and fears that a U.S. economic slowdown is imminent. As a result, it&#39;s heading toward that quarterly report well off its all-time high and trading at a forward price-to-earnings ratio in the neighborhood of 26.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1e290c4513abdc49023547083412c885\" tg-width=\"720\" tg-height=\"456\"/></p><p>That&#39;s almost exactly the forward PE that Nvidia was trading at during the past two Mays. However, after reporting solid Q1 growth and giving an upbeat outlook for the rest of the year, the stock often starts to trade in the mid-30s to mid-40s range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b25232f24d2bc06977a99d195ea02828\" alt=\"NVDA PE Ratio (Forward) data by YCharts. PE Ratio = price-to-earnings ratio.\" title=\"NVDA PE Ratio (Forward) data by YCharts. PE Ratio = price-to-earnings ratio.\" tg-width=\"720\" tg-height=\"441\"/><span>NVDA PE Ratio (Forward) data by YCharts. PE Ratio = price-to-earnings ratio.</span></p><p>Because the current setup is nearly identical to the last two years, I&#39;m fairly confident that Nvidia will experience a big share price jump following its fiscal Q1 report on May 28, as long as there are no unexpected announcements or revelations regarding new challenges.</p><h2 id=\"id_2771961333\">Q1 will feature a $5.5 billion write-off</h2><p>One headwind for Nvidia that appeared during this year&#39;s Q1 was the U.S. government&#39;s decision to limit which high-end chips can be exported to China. Because the export rules changed, Nvidia had to take a $5.5 billion writedown this quarter, which will affect its Q1 earnings. Those export restrictions could also drag on future demand.</p><p>However, the statements by AI hyperscalers in their own recent Q1 reports indicated that they haven&#39;t changed their massive capital expenditure plans for data centers, mostly geared toward AI, despite the increasing macroeconomic headwinds generated by Trump&#39;s tariffs. The tens of billions of dollars they plan to spend on cloud infrastructure build-outs should give Nvidia the growth necessary to justify its current valuation and then some.</p><p><img src=\"data:image/png;base64,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\" alt=\"\"/>Nvidia believes data center capital expenditures will reach $1 trillion annually by 2028, up from around $400 billion in 2024. If that turns out to be true, then there should still be a ton of long-term upside left in Nvidia&#39;s stock.</p><p>But in the near term, Nvidia&#39;s stock may be primed for a big move after it reports earnings on May 28. With that in mind, picking up shares at their current fairly cheap valuation looks like it would be a lucrative move.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says Now Is the Time to Buy Nvidia Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory Says Now Is the Time to Buy Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-13 19:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2025/05/12/history-says-now-is-the-time-to-buy-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After each of its first-quarter earnings reports of the past few years, Nvidia's stock has popped.The stock is valued now at almost the exact forward P/E levels as it was in May 2024 and May 2023....</p>\n\n<a href=\"https://www.fool.com/investing/2025/05/12/history-says-now-is-the-time-to-buy-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2025/05/12/history-says-now-is-the-time-to-buy-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2534949226","content_text":"After each of its first-quarter earnings reports of the past few years, Nvidia's stock has popped.The stock is valued now at almost the exact forward P/E levels as it was in May 2024 and May 2023.Nvidia's largest customers have indicated that their AI infrastructure spending plans are still on track.History doesn't normally repeat itself, but it often rhymes. So investors can take what has happened in the past as an indicator of what might happen in the future.With that in mind, a pattern seems to be developing with Nvidia stock: It has made large price gains in May in each of the past two years, and the way the stock is set up right now is reminiscent of how it looked before both of those jumps. That could be a sign for investors to buy it now.New year, same valuationNvidia makes graphics processing units (GPUs), which are fantastic tools for anyone looking to perform the types of computing tasks that can benefit from a lot of parallel processing power -- applications like displaying high-resolution video game graphics (the task they were originally designed for) and artificial intelligence (AI) model training.Demand for GPUs exploded in early 2023 as the race to build out data centers to support AI software kicked off. This led to a big jump in Nvidia's stock price in late May of that year after it reported solid first-quarter fiscal 2024 results and offered impressive guidance for fiscal Q2.Fast-forward to May 2024. After Nvidia had already posted incredible results for an entire year, the market wasn't sure whether it could keep its growth rates up. However, it turned in another impressive fiscal Q1 report that sent the stock higher.In May 2025, we're seeing a similar setup. Investors are worried that Nvidia won't be able to deliver the pace of growth they've become accustomed to -- though this time, their concerns are driven by factors such as President Donald Trump's tariffs and fears that a U.S. economic slowdown is imminent. As a result, it's heading toward that quarterly report well off its all-time high and trading at a forward price-to-earnings ratio in the neighborhood of 26.That's almost exactly the forward PE that Nvidia was trading at during the past two Mays. However, after reporting solid Q1 growth and giving an upbeat outlook for the rest of the year, the stock often starts to trade in the mid-30s to mid-40s range.NVDA PE Ratio (Forward) data by YCharts. PE Ratio = price-to-earnings ratio.Because the current setup is nearly identical to the last two years, I'm fairly confident that Nvidia will experience a big share price jump following its fiscal Q1 report on May 28, as long as there are no unexpected announcements or revelations regarding new challenges.Q1 will feature a $5.5 billion write-offOne headwind for Nvidia that appeared during this year's Q1 was the U.S. government's decision to limit which high-end chips can be exported to China. Because the export rules changed, Nvidia had to take a $5.5 billion writedown this quarter, which will affect its Q1 earnings. Those export restrictions could also drag on future demand.However, the statements by AI hyperscalers in their own recent Q1 reports indicated that they haven't changed their massive capital expenditure plans for data centers, mostly geared toward AI, despite the increasing macroeconomic headwinds generated by Trump's tariffs. The tens of billions of dollars they plan to spend on cloud infrastructure build-outs should give Nvidia the growth necessary to justify its current valuation and then some.Nvidia believes data center capital expenditures will reach $1 trillion annually by 2028, up from around $400 billion in 2024. If that turns out to be true, then there should still be a ton of long-term upside left in Nvidia's stock.But in the near term, Nvidia's stock may be primed for a big move after it reports earnings on May 28. With that in mind, picking up shares at their current fairly cheap valuation looks like it would be a lucrative move.","news_type":1,"symbols_score_info":{"2NVD.UK":0.6,"3NVD.UK":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDA":1,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":434311234478752,"gmtCreate":1747024304657,"gmtModify":1747024308398,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"All in !","listText":"All in !","text":"All in !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/434311234478752","repostId":"2534523114","repostType":2,"repost":{"id":"2534523114","kind":"highlight","pubTimestamp":1747019162,"share":"https://ttm.financial/m/news/2534523114?lang=&edition=full_marsco","pubTime":"2025-05-12 11:06","market":"us","language":"en","title":"Should You Buy Nvidia Before May 19?","url":"https://stock-news.laohu8.com/highlight/detail?id=2534523114","media":"Motley Fool","summary":"Nvidia is a favorite among customers building artificial intelligence platforms, which has helped the stock soar.In recent weeks, though, Nvidia shares have slipped amid import tariffs and economic worries.Investors will be on the lookout for Nvidia news on May 19.Let's find out.Image source: Getty Images.Jensen Huang's upcoming keynoteSo, what exactly is happening on this particular day later in the month?","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia is a favorite among customers building artificial intelligence platforms, which has helped the stock soar.</p></li><li><p>In recent weeks, though, Nvidia shares have slipped amid import tariffs and economic worries.</p></li><li><p>Investors will be on the lookout for Nvidia news on May 19.</p></li></ul><p><strong>Nvidia</strong> skyrocketed last year as demand for its artificial intelligence (AI) products and services took off, led by some of the world&#39;s biggest tech companies. These players aim to win the AI race and, to do so, need the very best tools to supercharge their platforms. For this, they&#39;ve turned -- and continue to turn -- to Nvidia.</p><p>But in recent times, despite record earnings and demand for Nvidia products, the stock price has stumbled. This isn&#39;t specific to Nvidia. It&#39;s happening throughout the market amid concerns about President Donald Trump&#39;s move to tax imports. The president announced an initial tariff plan last month, then paused it to negotiate deals with various countries.</p><p>Meanwhile, Trump exempted electronics products such as AI chips from the tariffs, but this status is temporary. Investors have worried that tariffs may lead to higher prices and therefore hurt companies in two ways: (1) Demand for their products could drop, and (2) their expenses may rise. Nvidia may be well positioned to handle potential tariffs, though. The company recently made a big move to increase production in the U.S., and its $43 billion in cash gives it the financial strength it needs to face potential headwinds.</p><p>Nvidia has been firing on all cylinders, and we may have a chance to hear more about this top AI company&#39;s progress very soon, specifically on May 19. Should you buy the stock before then? Let&#39;s find out.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f606ab085d92ed866fdbfd795a06defc\" alt=\"Image source: Getty Images.\" title=\"Image source: Getty Images.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Getty Images.</span></p><h2 id=\"id_3925745370\">Jensen Huang&#39;s upcoming keynote</h2><p>So, what exactly is happening on this particular day later in the month? Nvidia CEO Jensen Huang will be giving the keynote at Computex, a major AI conference in Taiwan, on May 19 (the event continues through May 23). The technology showcase will focus on the theme of &#34;AI Next,&#34; featuring the categories AI and robotics, next-generation technology, and future mobility. Sessions involving Nvidia and its partners will span the areas of manufacturing, life sciences, and other industries.</p><p>But investors will particularly have their eyes on Huang&#39;s keynote and hope for some updates on the company&#39;s latest innovations and upcoming releases. Huang is known for giving exciting presentations packed with company news. For example, during his keynote at GTC in March, he announced the roadmap for upcoming launches, including the Blackwell Ultra chip and the Vera Rubin architecture. Huang said Blackwell Ultra should come later this year, and Rubin will follow in the second half of 2026. It&#39;s possible he will offer additional details on these upcoming products at Computex.</p><p>According to a report in ComputerBase, Nvidia and partner <strong>MediaTek</strong> may announce their <strong>Arm Holdings</strong>-based processors for PCs. This would represent a big step for Nvidia in the area of Windows operating systems running on Arm processor-powered computers.</p><h2 id=\"id_2415652015\">The Blackwell rollout</h2><p>It&#39;s also possible Huang will talk about the ongoing Blackwell rollout -- the Blackwell architecture just launched a few months ago -- and the potential for full production of such AI infrastructure in the U.S. As I mentioned, Nvidia recently announced an investment to boost the manufacturing of its products at home.</p><p>Any details on what&#39;s ahead could spur excitement about Nvidia&#39;s next chapter of AI growth and result in gains for the stock. Considering this, should you buy Nvidia before Huang&#39;s keynote on May 19? Yes and no. Here&#39;s what I mean. You don&#39;t absolutely have to rush to get in on Nvidia before that moment if you aim to hold on to the shares for the long term.</p><p>It&#39;s impossible to time the market to get in on a stock at its very lowest and sell at the highest, so it&#39;s a waste of time to focus on that sort of strategy. Instead, you&#39;re better off buying a stock when it&#39;s reasonably priced and holding on for the long term as the company progresses through its growth story. Today, trading at 26x forward earnings estimates, Nvidia is reasonably priced. Even if the stock climbs after a Computex announcement, I wouldn&#39;t expect it to land in overvalued territory overnight.</p><p>All this means it&#39;s a great idea to buy Nvidia now -- or after the big AI event later this month.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy Nvidia Before May 19?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy Nvidia Before May 19?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-12 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2025/05/11/should-you-buy-nvidia-before-may-19/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia is a favorite among customers building artificial intelligence platforms, which has helped the stock soar.In recent weeks, though, Nvidia shares have slipped amid import tariffs and economic ...</p>\n\n<a href=\"https://www.fool.com/investing/2025/05/11/should-you-buy-nvidia-before-may-19/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","NVDS":"Tradr 1.5X Short NVDA Daily ETF","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","NVD2.UK":"2X NVIDIA ETP","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","NVDU":"Direxion Daily NVDA Bull 2X Shares","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","3NVD.UK":"LS 3X NVIDIA","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","2NVD.UK":"2X NVIDIA ETP","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","LU0823414478.USD":"法巴经典能源转换基金","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","NVD3.UK":"LS 3X NVIDIA","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","NVD":"GraniteShares 2x Short NVDA Daily ETF","NVIW.SI":"NVDA 3xLongSG261006","SNVD.UK":"LS -1X NVIDIA","NVDD":"Direxion Daily NVDA Bear 1X Shares","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","NVDS.UK":"LS -1X NVIDIA","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2025/05/11/should-you-buy-nvidia-before-may-19/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2534523114","content_text":"Nvidia is a favorite among customers building artificial intelligence platforms, which has helped the stock soar.In recent weeks, though, Nvidia shares have slipped amid import tariffs and economic worries.Investors will be on the lookout for Nvidia news on May 19.Nvidia skyrocketed last year as demand for its artificial intelligence (AI) products and services took off, led by some of the world's biggest tech companies. These players aim to win the AI race and, to do so, need the very best tools to supercharge their platforms. For this, they've turned -- and continue to turn -- to Nvidia.But in recent times, despite record earnings and demand for Nvidia products, the stock price has stumbled. This isn't specific to Nvidia. It's happening throughout the market amid concerns about President Donald Trump's move to tax imports. The president announced an initial tariff plan last month, then paused it to negotiate deals with various countries.Meanwhile, Trump exempted electronics products such as AI chips from the tariffs, but this status is temporary. Investors have worried that tariffs may lead to higher prices and therefore hurt companies in two ways: (1) Demand for their products could drop, and (2) their expenses may rise. Nvidia may be well positioned to handle potential tariffs, though. The company recently made a big move to increase production in the U.S., and its $43 billion in cash gives it the financial strength it needs to face potential headwinds.Nvidia has been firing on all cylinders, and we may have a chance to hear more about this top AI company's progress very soon, specifically on May 19. Should you buy the stock before then? Let's find out.Image source: Getty Images.Jensen Huang's upcoming keynoteSo, what exactly is happening on this particular day later in the month? Nvidia CEO Jensen Huang will be giving the keynote at Computex, a major AI conference in Taiwan, on May 19 (the event continues through May 23). The technology showcase will focus on the theme of \"AI Next,\" featuring the categories AI and robotics, next-generation technology, and future mobility. Sessions involving Nvidia and its partners will span the areas of manufacturing, life sciences, and other industries.But investors will particularly have their eyes on Huang's keynote and hope for some updates on the company's latest innovations and upcoming releases. Huang is known for giving exciting presentations packed with company news. For example, during his keynote at GTC in March, he announced the roadmap for upcoming launches, including the Blackwell Ultra chip and the Vera Rubin architecture. Huang said Blackwell Ultra should come later this year, and Rubin will follow in the second half of 2026. It's possible he will offer additional details on these upcoming products at Computex.According to a report in ComputerBase, Nvidia and partner MediaTek may announce their Arm Holdings-based processors for PCs. This would represent a big step for Nvidia in the area of Windows operating systems running on Arm processor-powered computers.The Blackwell rolloutIt's also possible Huang will talk about the ongoing Blackwell rollout -- the Blackwell architecture just launched a few months ago -- and the potential for full production of such AI infrastructure in the U.S. As I mentioned, Nvidia recently announced an investment to boost the manufacturing of its products at home.Any details on what's ahead could spur excitement about Nvidia's next chapter of AI growth and result in gains for the stock. Considering this, should you buy Nvidia before Huang's keynote on May 19? Yes and no. Here's what I mean. You don't absolutely have to rush to get in on Nvidia before that moment if you aim to hold on to the shares for the long term.It's impossible to time the market to get in on a stock at its very lowest and sell at the highest, so it's a waste of time to focus on that sort of strategy. Instead, you're better off buying a stock when it's reasonably priced and holding on for the long term as the company progresses through its growth story. Today, trading at 26x forward earnings estimates, Nvidia is reasonably priced. Even if the stock climbs after a Computex announcement, I wouldn't expect it to land in overvalued territory overnight.All this means it's a great idea to buy Nvidia now -- or after the big AI event later this month.","news_type":1,"symbols_score_info":{"2NVD.UK":0.6,"3NVD.UK":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDA":1,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":408567535985128,"gmtCreate":1740764660754,"gmtModify":1741329955400,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"last 4 quarters , actual result is always around 2 Billion more than forecast given. Latestquarter seems like revenue decelerating, growth of 12% QoQ compared to 17% of last quarter . Management gave forecast of 43B in coming quarter result and if trend of 2 Billion actual more than forecast. It means we are looking at 45B actual and will also translate to 15% QoQ growth,&nbsp;acceleration . Remember Blackwell is in full Production Ramp now.","listText":"last 4 quarters , actual result is always around 2 Billion more than forecast given. Latestquarter seems like revenue decelerating, growth of 12% QoQ compared to 17% of last quarter . Management gave forecast of 43B in coming quarter result and if trend of 2 Billion actual more than forecast. It means we are looking at 45B actual and will also translate to 15% QoQ growth,&nbsp;acceleration . Remember Blackwell is in full Production Ramp now.","text":"last 4 quarters , actual result is always around 2 Billion more than forecast given. Latestquarter seems like revenue decelerating, growth of 12% QoQ compared to 17% of last quarter . Management gave forecast of 43B in coming quarter result and if trend of 2 Billion actual more than forecast. It means we are looking at 45B actual and will also translate to 15% QoQ growth, acceleration . Remember Blackwell is in full Production Ramp now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/408567535985128","repostId":"2514756329","repostType":4,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365633565065384,"gmtCreate":1730266578566,"gmtModify":1730266642276,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"You are stupid to sell TSM if bullish about semicon . I believe the writer is also stupid","listText":"You are stupid to sell TSM if bullish about semicon . I believe the writer is also stupid","text":"You are stupid to sell TSM if bullish about semicon . I believe the writer is also stupid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365633565065384","repostId":"2479426721","repostType":2,"isVote":1,"tweetType":1,"viewCount":974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333373247242496,"gmtCreate":1722434968731,"gmtModify":1722434973822,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Surge 11% not because of Morgan Stanley . It is because AMD reported good result yesterday and everyone is buying Nvidia now","listText":"Surge 11% not because of Morgan Stanley . It is because AMD reported good result yesterday and everyone is buying Nvidia now","text":"Surge 11% not because of Morgan Stanley . It is because AMD reported good result yesterday and everyone is buying Nvidia now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/333373247242496","repostId":"1196438594","repostType":2,"isVote":1,"tweetType":1,"viewCount":952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":438770558324744,"gmtCreate":1748155919716,"gmtModify":1748160504704,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price&nbsp;","listText":"I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price&nbsp;","text":"I would say Trump looks handsome and intelligent if he promise not to do stir any shit that will bring down Nvidia price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/438770558324744","repostId":"2537195617","repostType":2,"repost":{"id":"2537195617","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748129152,"share":"https://ttm.financial/m/news/2537195617?lang=&edition=full_marsco","pubTime":"2025-05-25 07:25","market":"nz","language":"en","title":"Nvidia CEO Calls Trump Re-Industrialisation Policies \"Visionary\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2537195617","media":"Reuters","summary":"Nvidia CEO calls Trump re-industrialisation policies 'visionary'By Supantha Mukherjee","content":"<html><head></head><body><p>NORRKOPING, Sweden, May 24 (Reuters) - Nvidia NVDA.O CEO Jensen Huang on Saturday praised U.S. President Donald Trump&#39;s efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.</p><p>Nvidia will provide its latest generation AI data centre platform to a group of Swedish companies, including telecoms gear maker Ericsson ERICb.ST and drug developer AstraZeneca AZN.L.</p><p>Nvidia has announced a number of similar partnerships in recent weeks in Saudi Arabia and the UAE after the Trump administration rescinded a rule put in place by previous President Joe Biden that would have restricted exports of AI chips.</p><p>Huang, who had earlier called controls &#34;a failure,&#34; said President Donald Trump wanted U.S. firms to &#34;win&#34;.</p><p>&#34;American technology companies were very successful in China four years ago, we have lost about 50% of the market share and competitors have grown,&#34; he said on Saturday in Norrkoping, where he was due to receive an honorary doctorate from Linkoping University.</p><p>&#34;The President would like American technology to win with Nvidia and American companies to sell chips all over the world and to generate revenues, tax revenues, invest and build in the United States,&#34; he said.</p><p>The Trump administration has introduced sweeping tariffs saying they would stimulate growth, bring home manufacturing jobs and raise tax revenues.</p><p>Many businesses and economists, though, have warned tariffs could have the opposite effect and lead to a recession in the United States and a global downturn by pushing up costs, upending supply chains and hurting consumer and business confidence.</p><p>Huang said many policies related to re-industrialisation were &#34;very visionary&#34;.</p><p>&#34;Manufacturing in the United States, securing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain - all of that is excellent,&#34; he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia CEO Calls Trump Re-Industrialisation Policies \"Visionary\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia CEO Calls Trump Re-Industrialisation Policies \"Visionary\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-25 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NORRKOPING, Sweden, May 24 (Reuters) - Nvidia NVDA.O CEO Jensen Huang on Saturday praised U.S. President Donald Trump&#39;s efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.</p><p>Nvidia will provide its latest generation AI data centre platform to a group of Swedish companies, including telecoms gear maker Ericsson ERICb.ST and drug developer AstraZeneca AZN.L.</p><p>Nvidia has announced a number of similar partnerships in recent weeks in Saudi Arabia and the UAE after the Trump administration rescinded a rule put in place by previous President Joe Biden that would have restricted exports of AI chips.</p><p>Huang, who had earlier called controls &#34;a failure,&#34; said President Donald Trump wanted U.S. firms to &#34;win&#34;.</p><p>&#34;American technology companies were very successful in China four years ago, we have lost about 50% of the market share and competitors have grown,&#34; he said on Saturday in Norrkoping, where he was due to receive an honorary doctorate from Linkoping University.</p><p>&#34;The President would like American technology to win with Nvidia and American companies to sell chips all over the world and to generate revenues, tax revenues, invest and build in the United States,&#34; he said.</p><p>The Trump administration has introduced sweeping tariffs saying they would stimulate growth, bring home manufacturing jobs and raise tax revenues.</p><p>Many businesses and economists, though, have warned tariffs could have the opposite effect and lead to a recession in the United States and a global downturn by pushing up costs, upending supply chains and hurting consumer and business confidence.</p><p>Huang said many policies related to re-industrialisation were &#34;very visionary&#34;.</p><p>&#34;Manufacturing in the United States, securing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain - all of that is excellent,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","NVIW.SI":"NVDA 3xLongSG261006","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","3NVD.UK":"LS 3X NVIDIA","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1061106388.HKD":"BGF WORLD HEALTHSCIENCE \"A2\" (HKDHDG) ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","03165":"华夏欧优股对冲","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","NVD":"GraniteShares 2x Short NVDA Daily ETF","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1880407132.USD":"AMUNDI FUNDS NET ZERO AMBITION TOP EUROPEAN PLAYERS \"A2\" (USD) ACC","NVDD":"Direxion Daily NVDA Bear 1X Shares","AZN.UK":"阿斯利康制药","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","NVDA":"英伟达","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","NVD2.UK":"2X NVIDIA ETP","LU0997586432.USD":"FIDELITY SUSTAINABLE EUROPE EQUITY \"A\" (USDHDG) ACC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","NVD3.UK":"LS 3X NVIDIA","NVDS":"Tradr 1.5X Short NVDA Daily ETF","NVDS.UK":"LS -1X NVIDIA","NVDU":"Direxion Daily NVDA Bull 2X Shares","IE00BJT1NW94.SGD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"A2\" (SGDHDG) ACC","LU0757432116.USD":"THREADNEEDLE (LUX) PAN EUROPEAN ESG EQUITIES \"AE\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","SNVD.UK":"LS -1X NVIDIA","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","2NVD.UK":"2X NVIDIA ETP","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4614":"Manus概念股","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250524:nL5N3RW01A:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2537195617","content_text":"NORRKOPING, Sweden, May 24 (Reuters) - Nvidia NVDA.O CEO Jensen Huang on Saturday praised U.S. President Donald Trump's efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.Nvidia will provide its latest generation AI data centre platform to a group of Swedish companies, including telecoms gear maker Ericsson ERICb.ST and drug developer AstraZeneca AZN.L.Nvidia has announced a number of similar partnerships in recent weeks in Saudi Arabia and the UAE after the Trump administration rescinded a rule put in place by previous President Joe Biden that would have restricted exports of AI chips.Huang, who had earlier called controls \"a failure,\" said President Donald Trump wanted U.S. firms to \"win\".\"American technology companies were very successful in China four years ago, we have lost about 50% of the market share and competitors have grown,\" he said on Saturday in Norrkoping, where he was due to receive an honorary doctorate from Linkoping University.\"The President would like American technology to win with Nvidia and American companies to sell chips all over the world and to generate revenues, tax revenues, invest and build in the United States,\" he said.The Trump administration has introduced sweeping tariffs saying they would stimulate growth, bring home manufacturing jobs and raise tax revenues.Many businesses and economists, though, have warned tariffs could have the opposite effect and lead to a recession in the United States and a global downturn by pushing up costs, upending supply chains and hurting consumer and business confidence.Huang said many policies related to re-industrialisation were \"very visionary\".\"Manufacturing in the United States, securing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain - all of that is excellent,\" he said.","news_type":1,"symbols_score_info":{"03165":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"AZN.UK":0.9,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDA":0.9,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357210608128416,"gmtCreate":1728213031045,"gmtModify":1728218160717,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Analysts can all go eat shit . I know what I want to buy , I don't need to listen to them . I buy only Nvidia . Full stop","listText":"Analysts can all go eat shit . I know what I want to buy , I don't need to listen to them . I buy only Nvidia . Full stop","text":"Analysts can all go eat shit . I know what I want to buy , I don't need to listen to them . I buy only Nvidia . Full stop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357210608128416","repostId":"2472939287","repostType":2,"repost":{"id":"2472939287","kind":"highlight","pubTimestamp":1728181800,"share":"https://ttm.financial/m/news/2472939287?lang=&edition=full_marsco","pubTime":"2024-10-06 10:30","market":"us","language":"en","title":"Why Is Wall Street Much More Bullish About Nvidia Than Palantir?","url":"https://stock-news.laohu8.com/highlight/detail?id=2472939287","media":"Motley Fool","summary":"Palantir's hot right now. But Wall Street thinks Nvidia is still the better pick.","content":"<html><head></head><body><ul style=\"\"><li><p>Wall Street analysts view Nvidia much more favorably than Palantir based on their stock ratings and price targets.</p></li><li><p>They seem to prefer Nvidia&#39;s growth prospects and financial strength.</p></li><li><p>Analysts likely think Nvidia&#39;s valuation is also more attractive than Palantir&#39;s.</p></li></ul><p>What a year it&#39;s been for <strong>Palantir Technologies</strong>. Shares of the data analytics software company have soared 112%. Palantir was added to the <strong>S&amp;P 500</strong> in September. The company has announced major deals and partnerships with big names including <strong>BP</strong>, <strong>Microsoft</strong>, and <strong>Wendy&#39;s</strong>.</p><p><strong>Nvidia</strong> has been an even bigger winner, with its stock skyrocketing 136% year to date. However, the giant chipmaker&#39;s shares are close to 14% below the peak set this summer. Investors have fretted about Nvidia&#39;s delayed launch of its new Blackwell GPU platform.</p><p>Despite these concerns, Wall Street is much more bullish about Nvidia than Palantir. That begs the question: Why?</p><h2 id=\"id_54078553\">What Wall Street thinks about Nvidia and Palantir</h2><p>Global financial markets data provider <strong>LSEG</strong> surveyed 60 analysts in September who cover Nvidia. Eighteen rated the stock as a &#34;strong buy&#34; (or equivalent rating). A whopping 37 analysts recommended Nvidia as a &#34;buy.&#34; The remaining five analysts viewed the stock as a &#34;hold.&#34;</p><p>The picture wasn&#39;t quite as rosy for Palantir. Of the 18 analysts surveyed by LSEG last month, only three recommended the stock as a &#34;strong buy.&#34; Another three analysts rated Palantir as a &#34;buy.&#34; Six analysts recommended holding the stock. Four rated the software stock as &#34;underperform&#34; while two others recommended selling Palantir&#39;s shares.</p><p>Wall Street&#39;s 12-month price targets for these two stocks further highlight the gap between them. The consensus price target for Nvidia reflects an upside potential of nearly 27%. The most optimistic analyst surveyed by LSEG thinks Nvidia&#39;s shares could soar another 73% over the next 12 months.</p><p>It&#39;s a much different story for Palantir. The average 12-month price target among the analysts surveyed by LSEG is roughly 25% <em>below</em> the current share price. The most optimistic analyst predicts Palantir could rise 37%.</p><h2 id=\"id_4106512475\">Why Nvidia enjoys much more support from analysts</h2><p>Wall Street likes Nvidia more than Palantir for several reasons. The most important factor is the different perceptions about the two companies&#39; growth prospects. To be sure, analysts believe both Nvidia and Palantir can deliver strong growth. However, Nvidia dominates its market in a more powerful way than Palantir does.</p><p>Although Nvidia&#39;s Blackwell GPUs won&#39;t begin shipping as quickly as analysts would have preferred, they still expect Blackwell to be a huge commercial winner. I suspect some on Wall Street agree with Nvidia CEO Jensen Huang that Blackwell will be the most successful product in the company&#39;s history.</p><p>Analysts also see Nvidia as having a broader market opportunity. Organizations in pretty much every industry and of all sizes are scrambling to develop artificial intelligence (AI) capabilities, driving the demand for Nvidia&#39;s GPUs. Palantir arguably has a more limited opportunity, with more than half of its total revenue stemming from government contracts.</p><p>Nvidia&#39;s financial metrics are much stronger than Palantir&#39;s as well. In the second quarter of 2024, the company&#39;s revenue soared 122% year over year to $30 billion. By comparison, Palantir&#39;s Q2 revenue rose 27% year over year to $678 million.</p><p>Wall Street no doubt prefers Nvidia&#39;s valuation, too. The stock might seem expensive with a forward earnings multiple of 30.8. However, Nvidia&#39;s price-to-earnings-to-growth (PEG) ratio based on five-year growth projections is an attractive 0.93. Palantir&#39;s forward earnings multiple is a sky-high 87 with a PEG ratio of 1.88.</p><h2 id=\"id_285544397\">Is Wall Street right about Nvidia and Palantir?</h2><p>I&#39;m not sure if Nvidia&#39;s shares will jump another 27% and Palantir&#39;s shares will fall 25% over the next 12 months as the average analysts&#39; price targets project. My hunch is analysts aren&#39;t super-confident about those price targets, either.</p><p>However, I do agree with the Wall Street consensus that Nvidia is a better stock to buy right now than Palantir. If the demand for AI chips slows, Nvidia could be in trouble with its premium valuation. That doesn&#39;t seem likely at this point, though. With Blackwell on the way, I expect Nvidia will keep up its winning ways.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Wall Street Much More Bullish About Nvidia Than Palantir?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Wall Street Much More Bullish About Nvidia Than Palantir?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-06 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/10/04/why-wall-street-more-bullish-nvidia-palantir/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street analysts view Nvidia much more favorably than Palantir based on their stock ratings and price targets.They seem to prefer Nvidia's growth prospects and financial strength.Analysts likely ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/10/04/why-wall-street-more-bullish-nvidia-palantir/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2024/10/04/why-wall-street-more-bullish-nvidia-palantir/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2472939287","content_text":"Wall Street analysts view Nvidia much more favorably than Palantir based on their stock ratings and price targets.They seem to prefer Nvidia's growth prospects and financial strength.Analysts likely think Nvidia's valuation is also more attractive than Palantir's.What a year it's been for Palantir Technologies. Shares of the data analytics software company have soared 112%. Palantir was added to the S&P 500 in September. The company has announced major deals and partnerships with big names including BP, Microsoft, and Wendy's.Nvidia has been an even bigger winner, with its stock skyrocketing 136% year to date. However, the giant chipmaker's shares are close to 14% below the peak set this summer. Investors have fretted about Nvidia's delayed launch of its new Blackwell GPU platform.Despite these concerns, Wall Street is much more bullish about Nvidia than Palantir. That begs the question: Why?What Wall Street thinks about Nvidia and PalantirGlobal financial markets data provider LSEG surveyed 60 analysts in September who cover Nvidia. Eighteen rated the stock as a \"strong buy\" (or equivalent rating). A whopping 37 analysts recommended Nvidia as a \"buy.\" The remaining five analysts viewed the stock as a \"hold.\"The picture wasn't quite as rosy for Palantir. Of the 18 analysts surveyed by LSEG last month, only three recommended the stock as a \"strong buy.\" Another three analysts rated Palantir as a \"buy.\" Six analysts recommended holding the stock. Four rated the software stock as \"underperform\" while two others recommended selling Palantir's shares.Wall Street's 12-month price targets for these two stocks further highlight the gap between them. The consensus price target for Nvidia reflects an upside potential of nearly 27%. The most optimistic analyst surveyed by LSEG thinks Nvidia's shares could soar another 73% over the next 12 months.It's a much different story for Palantir. The average 12-month price target among the analysts surveyed by LSEG is roughly 25% below the current share price. The most optimistic analyst predicts Palantir could rise 37%.Why Nvidia enjoys much more support from analystsWall Street likes Nvidia more than Palantir for several reasons. The most important factor is the different perceptions about the two companies' growth prospects. To be sure, analysts believe both Nvidia and Palantir can deliver strong growth. However, Nvidia dominates its market in a more powerful way than Palantir does.Although Nvidia's Blackwell GPUs won't begin shipping as quickly as analysts would have preferred, they still expect Blackwell to be a huge commercial winner. I suspect some on Wall Street agree with Nvidia CEO Jensen Huang that Blackwell will be the most successful product in the company's history.Analysts also see Nvidia as having a broader market opportunity. Organizations in pretty much every industry and of all sizes are scrambling to develop artificial intelligence (AI) capabilities, driving the demand for Nvidia's GPUs. Palantir arguably has a more limited opportunity, with more than half of its total revenue stemming from government contracts.Nvidia's financial metrics are much stronger than Palantir's as well. In the second quarter of 2024, the company's revenue soared 122% year over year to $30 billion. By comparison, Palantir's Q2 revenue rose 27% year over year to $678 million.Wall Street no doubt prefers Nvidia's valuation, too. The stock might seem expensive with a forward earnings multiple of 30.8. However, Nvidia's price-to-earnings-to-growth (PEG) ratio based on five-year growth projections is an attractive 0.93. Palantir's forward earnings multiple is a sky-high 87 with a PEG ratio of 1.88.Is Wall Street right about Nvidia and Palantir?I'm not sure if Nvidia's shares will jump another 27% and Palantir's shares will fall 25% over the next 12 months as the average analysts' price targets project. My hunch is analysts aren't super-confident about those price targets, either.However, I do agree with the Wall Street consensus that Nvidia is a better stock to buy right now than Palantir. If the demand for AI chips slows, Nvidia could be in trouble with its premium valuation. That doesn't seem likely at this point, though. With Blackwell on the way, I expect Nvidia will keep up its winning ways.","news_type":1,"symbols_score_info":{"NVDA":1,"PLTR":1}},"isVote":1,"tweetType":1,"viewCount":1205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377908085366928,"gmtCreate":1733292241335,"gmtModify":1733292907482,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"He has lost his underwear shorting SMCI , writing article to try recovering what he has lost","listText":"He has lost his underwear shorting SMCI , writing article to try recovering what he has lost","text":"He has lost his underwear shorting SMCI , writing article to try recovering what he has lost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/377908085366928","repostId":"1199304506","repostType":4,"isVote":1,"tweetType":1,"viewCount":1236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309390670422088,"gmtCreate":1716564512705,"gmtModify":1716564920240,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"She sold Nvidia right before price rocket","listText":"She sold Nvidia right before price rocket","text":"She sold Nvidia right before price rocket","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309390670422088","repostId":"2437082356","repostType":2,"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":421498699551184,"gmtCreate":1743935703428,"gmtModify":1743936504304,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Warten Buffet the Greatest Of&nbsp;All Time. Bill Ackman said Berkshire will be more efficiently run once it's 94-year-old chairman and CEO exits the scene. I would say Bill , you arealso Billionaires but your skills are nowhere near Warren Buffet and in no position to make&nbsp;that comment .","listText":"Warten Buffet the Greatest Of&nbsp;All Time. Bill Ackman said Berkshire will be more efficiently run once it's 94-year-old chairman and CEO exits the scene. I would say Bill , you arealso Billionaires but your skills are nowhere near Warren Buffet and in no position to make&nbsp;that comment .","text":"Warten Buffet the Greatest Of All Time. Bill Ackman said Berkshire will be more efficiently run once it's 94-year-old chairman and CEO exits the scene. I would say Bill , you arealso Billionaires but your skills are nowhere near Warren Buffet and in no position to make that comment .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/421498699551184","repostId":"2525974833","repostType":2,"repost":{"id":"2525974833","kind":"highlight","pubTimestamp":1743908400,"share":"https://ttm.financial/m/news/2525974833?lang=&edition=full_marsco","pubTime":"2025-04-06 11:00","market":"us","language":"en","title":"Warren Buffett Keeps Taking Investors to School as Stock Meltdown Reveals the Uncanny Wisdom of His Recent Moves","url":"https://stock-news.laohu8.com/highlight/detail?id=2525974833","media":"Fortune","summary":"The stock market crash triggered by President Donald Trump’s global tariffs brought Warren Buffett’s investment moves over the past year into a fresh light, underscoring his prudence amid the once-rag","content":"<html><head></head><body><ul style=\"list-style-type: revert;\"><li><p><strong>The stock market crash</strong> triggered by President Donald Trump’s global tariffs brought Warren Buffett’s investment moves over the past year into a fresh light, underscoring his prudence amid the once-raging bull market. His decision last year to shed most of Berkshire Hathaway’s Apple stock now looks especially well timed.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6dab90766aa96b8637ee65165585a733\" alt=\"Warren Buffett at the 2019 Berkshire shareholders meeting in Omaha, Nebraska.\" title=\"Warren Buffett at the 2019 Berkshire shareholders meeting in Omaha, Nebraska.\" tg-width=\"1440\" tg-height=\"948\"/><span>Warren Buffett at the 2019 Berkshire shareholders meeting in Omaha, Nebraska.</span></p><p style=\"text-align: start;\">Berkshire Hathaway Chairman and CEO Warren Buffett’s investment moves over the past year now seem uncannily well timed in the wake of the stock market meltdown caused by President Donald Trump’s global tariffs.</p><p>In the last two trading sessions alone, the S&amp;P 500 crashed 10%, and the broad market index is down 17% from its mid-February peak. Meanwhile, the tech-heavy Nasdaq and the small-cap Russell 2000 are in bear market territory, having tumbled more than 20% from their recent highs.</p><p>Since Trump’s “Liberation Day” announcement on Wednesday, US stocks have lost more than $6 trillion in market cap in the worst selloff since the early days of the COVID-19 pandemic in 2020, as Wall Street prices in a tariff-induced US recession.</p><p>But Buffett appeared to anticipate a market downturn coming. Berkshire sold $134 billion in equities in 2024—when the bull market was still raging—and was sitting on a record $334 billion cash pile at year’s end. That’s nearly double from a year earlier and more than its shrinking stock portfolio of $272 billion.</p><p>The famously value-oriented investor has also been complaining for years that valuations were too high and has held off on using his cash on major acquisitions due to a lack of bargains.</p><p>Most of Berkshire’s cash is in short-term Treasury bills, which not only offer shelter from the storm but also provide the conglomerate a tidy gain that Buffett noted in his most recent letter to shareholders.</p><p>“We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these highly-liquid short-term securities,” he wrote in February.</p><p>In addition to what he bought, what he sold also stands out, given the market crash.</p><p>Last year, Berkshire slashed its Apple stake by about two-thirds, representing the bulk of the company’s equity sales, though the iPhone maker remains its largest stock holding.</p><p>Those stock sales, which came in the first three quarters of the year, also occurred while Apple was still on the rise, with shares peaking in late December.</p><p>But since that peak, Apple has collapsed 28% as US tariffs on China are expected to hit especially hard. That’s because Apple, like many tech companies, relies on China for parts and manufacturing.</p><p>With Trump’s latest round of tariffs, imports from China now face a 54% duty. And if the administration follows through on its threat to impost a “secondary tariff” on countries that buy oil from Venezuela, the rate could hit 79%.</p><p>Meanwhile, Berkshire has also been offloading shares of Bank of America and Citigroup. Shares of both banking giants are down about 22% so far this year.</p><p>By contrast, Berkshire’s class B shares are up 9% this year, though they have taken a modest hit this past week. The wide array of its businesses, such as insurance, rail, and energy, are mostly focused on the US and less exposed to imports.</p><p style=\"text-align: start;\">As a result, Buffett’s personal fortune has grown this year, unlike those of his peers. According to the Bloomberg Billionaires Index, his net worth has expanded by $12.7 billion this year to give him a total of $155 billion, putting him at No. 6 on the list and essentially tying him with Bill Gates, whose own fortune shrank by $3.38 billion.</p><p style=\"text-align: start;\">Elon Musk remains No. 1 with $302 billion, though that’s down by $130 billion in 2025, followed by Jeff Bezos with $193 billion, down by $45.2 billion.</p><p style=\"text-align: start;\">As Buffett watchers wait to see if the recent market crash will finally induce him to make a big acquisition or stock purchase, his February letter may offer a clue.</p><p style=\"text-align: start;\">“Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities—mostly American equities although many of these will have international operations of significance,” he wrote. “Berkshire will <em>never </em>prefer ownership of cash-equivalent assets over the ownership of good businesses, whether controlled or only partially owned.”</p></body></html>","source":"lsy1618285953446","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett Keeps Taking Investors to School as Stock Meltdown Reveals the Uncanny Wisdom of His Recent Moves </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett Keeps Taking Investors to School as Stock Meltdown Reveals the Uncanny Wisdom of His Recent Moves \n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-06 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://fortune.com/2025/04/05/warren-buffett-investing-cash-treasury-bills-apple-stock-sale-market-crash/><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market crash triggered by President Donald Trump’s global tariffs brought Warren Buffett’s investment moves over the past year into a fresh light, underscoring his prudence amid the once-...</p>\n\n<a href=\"https://fortune.com/2025/04/05/warren-buffett-investing-cash-treasury-bills-apple-stock-sale-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://fortune.com/2025/04/05/warren-buffett-investing-cash-treasury-bills-apple-stock-sale-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2525974833","content_text":"The stock market crash triggered by President Donald Trump’s global tariffs brought Warren Buffett’s investment moves over the past year into a fresh light, underscoring his prudence amid the once-raging bull market. His decision last year to shed most of Berkshire Hathaway’s Apple stock now looks especially well timed.Warren Buffett at the 2019 Berkshire shareholders meeting in Omaha, Nebraska.Berkshire Hathaway Chairman and CEO Warren Buffett’s investment moves over the past year now seem uncannily well timed in the wake of the stock market meltdown caused by President Donald Trump’s global tariffs.In the last two trading sessions alone, the S&P 500 crashed 10%, and the broad market index is down 17% from its mid-February peak. Meanwhile, the tech-heavy Nasdaq and the small-cap Russell 2000 are in bear market territory, having tumbled more than 20% from their recent highs.Since Trump’s “Liberation Day” announcement on Wednesday, US stocks have lost more than $6 trillion in market cap in the worst selloff since the early days of the COVID-19 pandemic in 2020, as Wall Street prices in a tariff-induced US recession.But Buffett appeared to anticipate a market downturn coming. Berkshire sold $134 billion in equities in 2024—when the bull market was still raging—and was sitting on a record $334 billion cash pile at year’s end. That’s nearly double from a year earlier and more than its shrinking stock portfolio of $272 billion.The famously value-oriented investor has also been complaining for years that valuations were too high and has held off on using his cash on major acquisitions due to a lack of bargains.Most of Berkshire’s cash is in short-term Treasury bills, which not only offer shelter from the storm but also provide the conglomerate a tidy gain that Buffett noted in his most recent letter to shareholders.“We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these highly-liquid short-term securities,” he wrote in February.In addition to what he bought, what he sold also stands out, given the market crash.Last year, Berkshire slashed its Apple stake by about two-thirds, representing the bulk of the company’s equity sales, though the iPhone maker remains its largest stock holding.Those stock sales, which came in the first three quarters of the year, also occurred while Apple was still on the rise, with shares peaking in late December.But since that peak, Apple has collapsed 28% as US tariffs on China are expected to hit especially hard. That’s because Apple, like many tech companies, relies on China for parts and manufacturing.With Trump’s latest round of tariffs, imports from China now face a 54% duty. And if the administration follows through on its threat to impost a “secondary tariff” on countries that buy oil from Venezuela, the rate could hit 79%.Meanwhile, Berkshire has also been offloading shares of Bank of America and Citigroup. Shares of both banking giants are down about 22% so far this year.By contrast, Berkshire’s class B shares are up 9% this year, though they have taken a modest hit this past week. The wide array of its businesses, such as insurance, rail, and energy, are mostly focused on the US and less exposed to imports.As a result, Buffett’s personal fortune has grown this year, unlike those of his peers. According to the Bloomberg Billionaires Index, his net worth has expanded by $12.7 billion this year to give him a total of $155 billion, putting him at No. 6 on the list and essentially tying him with Bill Gates, whose own fortune shrank by $3.38 billion.Elon Musk remains No. 1 with $302 billion, though that’s down by $130 billion in 2025, followed by Jeff Bezos with $193 billion, down by $45.2 billion.As Buffett watchers wait to see if the recent market crash will finally induce him to make a big acquisition or stock purchase, his February letter may offer a clue.“Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities—mostly American equities although many of these will have international operations of significance,” he wrote. “Berkshire will never prefer ownership of cash-equivalent assets over the ownership of good businesses, whether controlled or only partially owned.”","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":1.1,".SPX":1.1,"BRK.A":1.1,"BRK.B":1}},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":439327131841232,"gmtCreate":1748276377642,"gmtModify":1748276381244,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Good Article","listText":"Good Article","text":"Good Article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/439327131841232","repostId":"2537138402","repostType":2,"repost":{"id":"2537138402","kind":"highlight","weMediaInfo":{"introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"media_name":"TradingKey","id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"pubTimestamp":1748251536,"share":"https://ttm.financial/m/news/2537138402?lang=&edition=full_marsco","pubTime":"2025-05-26 17:25","market":"sh","language":"en","title":"The Shift Inside AMD No One Sees","url":"https://stock-news.laohu8.com/highlight/detail?id=2537138402","media":"TradingKey","summary":"Tradingkey - The general story in the case of AMD (AMD) today is one of decent growth, careful optimism, and competitive catch-up.","content":"<html><head></head><body><ul style=\"\"><li><p>AMD’s Q1 2025 revenue hit $7.4B with 36% YoY growth, driven by EPYC CPUs and MI300 GPUs.</p></li><li><p>The ZT Systems acquisition enables rack-scale integration, expanding AMD’s addressable market and lifting Data Center margins to 25%.</p></li><li><p>ROCm 6.4 and AI container updates deepen developer stickiness, positioning AMD as a CUDA alternative with open-source appeal.</p></li><li><p>With a 2.5% FCF yield and PEG ratio of 0.87, AMD remains undervalued relative to AI growth and peers.</p></li></ul><p>Tradingkey - The general story in the case of <a href=\"https://laohu8.com/S/AMD\">AMD</a> today is one of decent growth, careful optimism, and competitive catch-up. That&#39;s short-sighted. Behind the beat on top-line earnings and cyclical bounce in the PC and gaming verticals, AMD is experiencing a deeper structural transformation with significant consequences. The $7.4 billion Q1 2025 revenue beat and 36% YoY growth merely suggests as much.</p><p>The actual thesis is in the intersection of rack-scale AI infrastructure, re-architected software ecosystem (ROCm), and the ZT Systems acquisition, as it makes AMD a full-stack challenger in the $500 billion AI accelerator TAM. The thesis of the article is that AMD is not just a second-string chipmaker in the shadow of Nvidia but a misunderstood platform company at an inflection point. The current valuation multiples of the market for 29x forward P/E, 2.5% FCF yield and PEG under 0.9 do not factor in AMD&#39;s embedded operating leverage, under-valued data center business, and systems-level differentiation.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e6de8d62b9e981b9266acd034503bc9a\" alt=\"Source: IoT Analytics\" title=\"Source: IoT Analytics\" tg-width=\"1600\" tg-height=\"1600\"/><span>Source: IoT Analytics</span></p><h2 id=\"id_3739800583\">The Full-Stack Ascent: From Component Supplier to Platform Orchestrator</h2><p>AMD&#39;s Q1 numbers shed light on its changing persona. Data Center revenue grew 57% YoY to $3.7 billion on the strength of EPYC CPU and MI300 Instinct GPU. But the important shift isn&#39;t in unit quantity, it&#39;s in integration. The completion of the ZT Systems merge on March 31, 2025 gave AMD end-to-end design competence for rack-scale systems, in effect bringing itself from silicon vendor to systems integrator. </p><p>That opens AMD&#39;s addressable market and margin profile exponentially. Rack-level design implies higher ASPs, improved power/performance optimization, and closer customer lock-in, typically the domain of Nvidia or vertically integrated hyperscalers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f3d548a4e8aa4564906318f23a0b9f6\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>In the meantime, AMD is using ROCm 6.4 and AI software container deployments to enhance stickiness. Inference and training container bi-weekly updates mark the shift towards developer-driven platform economics rather than hardware share. Collaborations with Oracle, Core42, and Siemens support cross-industry affirmation. AI software integration with MI300-class GPUs replicates Nvidia&#39;s CUDA moat in open-source guise. The ramped-up Ryzen AI PC product line powered by Ryzen AI Max+ and 300 series processors supports the architecture by sowing an edge-to-cloud AI continuum, a play aimed at enabling end-to-end data observability and compute utility.</p><h2 id=\"id_484905983\">The Competitive Landscape: Catching Nvidia with Infrastructure-Led Playbooks</h2><p>Nvidia leads the story and market capitalization, yet AMD&#39;s go-to-market differentiation deserves closer examination. Nvidia has a software moat through CUDA and deep hyperscaler pipelines while AMD is strategically outflanking in a systems play. How the addition of ZT Systems enables it to do rack-level customized deployments tailored to customers&#39; workloads is something Nvidia, which frequently outsources integration, can&#39;t effectively match.</p><p>In addition, AMD&#39;s alliances are not public relations vanity. Oracle&#39;s implementation of MI355X accelerators in hyperscale environments and Core42&#39;s AI deployment in the flagship AI facility for France are real-world indicators of demand elasticity for something other than Nvidia. At the same time, the Open Telecom AI Platform with Jio, Cisco, and Nokia is an example of horizontal alliance strategy as opposed to vertical integration such that the company can scale without controlling every node in the stack. Conversely, Intel is stuck in delays and uneven execution, and Arm-based AI chip vendors do not have the software maturity or ecosystem depth that AMD currently has.</p><p>On an in-per-watt and in-per-TFLOP basis, critically, AMD is pricing aggressively. And with ROCm&#39;s increasing compatibility with top frontier models such as Meta&#39;s Llama 4 and Google&#39;s Gemma 3, the difference between Nvidia&#39;s premium pricing and AMD&#39;s value play becomes a material competitive factor.</p><h2 id=\"id_2517522599\">Strategic &amp; Financial Deep Dive: Where AI Meets Margin Expansion</h2><p>The company&#39;s $0.96 Q1 2025 non-GAAP diluted earnings per share was 55% higher year-over-year on $1.6 billion of net income. Gross margin widened to 54% non-GAAP from 52% in the previous year on richer Ryzen processor mix and strong EPYC pull-through.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e6234df038be656b1a2e96f4b2966b5\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>The company&#39;s free cash flow jumped to $727 million representing a 10% FCF margin amidst high CapEx ($212M) related to integration as well as ramping MI300 production. The Data Center segment by itself generated $932 million of operating income on $3.7 billion of sales, representing a 25% margin.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b79ee8f5e67cf5c0832fd7e07c7dcd31\" alt=\"Source: Finbold\" title=\"Source: Finbold\" tg-width=\"1600\" tg-height=\"900\"/><span>Source: Finbold</span></p><p>The client segment was typically cyclical but produced a surprise 109% YoY growth in operating income on the back of adoption of 16-core Ryzen 9950X3D processors and notebook refresh cycles. Gaming revenue declined YoY on the back of semi-custom softness but remained flat sequentially, suggesting potential troughing.</p><p>AMD&#39;s OpEx leverage is also strengthening. Even after swallowing up ZT Systems, non-GAAP OpEx only grew 5% QoQ as R&amp;D intensity continues at ~$1.7B, an indication of AMD investing all through the cycle. Of particular note was adjusted EBITDA of $1.95 billion, 50% margin versus $1.295 billion last year, reflecting platform convergence scale benefits.</p><p>On the balance sheet at the end of Q1, AMD had $7.3 billion in short-term investments and cash on hand, up 42% from the previous quarter, financed in part by $950 million commercial paper and $1.5 billion of new debt to finance the ZT transaction. Debt was at $4.16B but still low compared to equity ($58B) and the FCF path.</p><h2 id=\"id_1478399397\">Valuation Recalibrated: Pricing Power Meets Market Skepticism</h2><p>With a trailing non-GAAP diluted EPS of $0.96 during Q1 2025, AMD&#39;s run-rate on an annualized basis implies forward non-GAAP diluted EPS of approximately $3.84. Applying this to AMD&#39;s trading range of ~$111/share currently, the stock has a price to earnings ratio of ~29x forward non-GAAP earnings. The multiple tightens upon adjusting for AMD&#39;s Q1 gross margin increase, extended operating leverage, and potential gross margin normalization back to 56–58% following the one-time $800M export surcharge in Q2.</p><p>Consensus analysts project AMD&#39;s target price at $197.85 in 12 months, representing ~78% upside from here, and put AMD&#39;s PEG ratio at 0.87, significantly lower than Nvidia&#39;s &gt;1.7 and the ~1.2 peer-group average. That divergence highlights potential mispricing. Although Nvidia is trading on 36x forward earnings with higher growth, AMD&#39;s valuation factors in substantial doubt on it being able to drive MI300X take-up and capture the $500B AI accelerator TAM it now has in its sights with integration of ZT Systems.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9daa604aa4aba45536ebf0a45d9b7e59\" alt=\"Source: market.us\" title=\"Source: market.us\" tg-width=\"916\" tg-height=\"534\"/><span>Source: market.us</span></p><p>Free cash flows also underpin the rerating case. AMD produced $727 million of Q1 FCF (+92% YoY), which translates into an implied ~$2.8 billion FCF annualized, or 2.5% FCF yield. Adjusted for the one-time reserve charge on inventory in Q2, AMD&#39;s normalized FCF yield would be close to 3.2%, which positions it favorably relative to large-cap tech comps at comparable stages of growth.</p><h2 id=\"id_342170036\">Risks: Supply Chains, Export Controls, and Execution Timelines</h2><p>Although the structural thesis stands, AMD has material near-term concerns. The $800M write-off in inventory in Q2, attributed to U.S. export controls for high-end GPUs, is indicative of regulatory vulnerability in AI supply chains. Although management assures these are one-time charges, their effect on quarterly performance and sentiment can be a negative drag on multiple expansion. Second, integration of ZT Systems is in its early innings. Divestiture of manufacturing is in progress, though slippage in realizing rack-level synergies or margin gains has the potential to reset expectations. </p><p>Moreover, AMD&#39;s ROCm ecosystem, although maturing, lingers behind CUDA in terms of community usage, and software compatibility gaps may slow onboarding for risk-averse enterprise customers. In conclusion, there are also wider macro risks at play. A deceleration in hyperscaler CapEx or wider technology multiple compression on the back of rates or geopolitics would put pressure on valuation despite strong fundamentals. Therefore, the bull case is still dependent on timely execution.</p><h2 id=\"id_117697686\">Conclusion: A Misunderstood Compounder at an Inflection Point</h2><p>AMD is quietly transforming from being a component supplier to being an AI-native platform orchestrator. Deep operating leverage in conjunction with aggressive system-level integrations and underappreciated developer traction is causing the market to misprice its equity profile. At present prices, AMD presents one of the most skewed setups in the semis: platform economics in a compounder being priced at cyclical levels. As execution reinforces the rack-scale thesis and ROCm scales, the re-rating is not just possible, it&#39;s likely.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Shift Inside AMD No One Sees</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Shift Inside AMD No One Sees\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-05-26 17:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>AMD’s Q1 2025 revenue hit $7.4B with 36% YoY growth, driven by EPYC CPUs and MI300 GPUs.</p></li><li><p>The ZT Systems acquisition enables rack-scale integration, expanding AMD’s addressable market and lifting Data Center margins to 25%.</p></li><li><p>ROCm 6.4 and AI container updates deepen developer stickiness, positioning AMD as a CUDA alternative with open-source appeal.</p></li><li><p>With a 2.5% FCF yield and PEG ratio of 0.87, AMD remains undervalued relative to AI growth and peers.</p></li></ul><p>Tradingkey - The general story in the case of <a href=\"https://laohu8.com/S/AMD\">AMD</a> today is one of decent growth, careful optimism, and competitive catch-up. That&#39;s short-sighted. Behind the beat on top-line earnings and cyclical bounce in the PC and gaming verticals, AMD is experiencing a deeper structural transformation with significant consequences. The $7.4 billion Q1 2025 revenue beat and 36% YoY growth merely suggests as much.</p><p>The actual thesis is in the intersection of rack-scale AI infrastructure, re-architected software ecosystem (ROCm), and the ZT Systems acquisition, as it makes AMD a full-stack challenger in the $500 billion AI accelerator TAM. The thesis of the article is that AMD is not just a second-string chipmaker in the shadow of Nvidia but a misunderstood platform company at an inflection point. The current valuation multiples of the market for 29x forward P/E, 2.5% FCF yield and PEG under 0.9 do not factor in AMD&#39;s embedded operating leverage, under-valued data center business, and systems-level differentiation.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e6de8d62b9e981b9266acd034503bc9a\" alt=\"Source: IoT Analytics\" title=\"Source: IoT Analytics\" tg-width=\"1600\" tg-height=\"1600\"/><span>Source: IoT Analytics</span></p><h2 id=\"id_3739800583\">The Full-Stack Ascent: From Component Supplier to Platform Orchestrator</h2><p>AMD&#39;s Q1 numbers shed light on its changing persona. Data Center revenue grew 57% YoY to $3.7 billion on the strength of EPYC CPU and MI300 Instinct GPU. But the important shift isn&#39;t in unit quantity, it&#39;s in integration. The completion of the ZT Systems merge on March 31, 2025 gave AMD end-to-end design competence for rack-scale systems, in effect bringing itself from silicon vendor to systems integrator. </p><p>That opens AMD&#39;s addressable market and margin profile exponentially. Rack-level design implies higher ASPs, improved power/performance optimization, and closer customer lock-in, typically the domain of Nvidia or vertically integrated hyperscalers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f3d548a4e8aa4564906318f23a0b9f6\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>In the meantime, AMD is using ROCm 6.4 and AI software container deployments to enhance stickiness. Inference and training container bi-weekly updates mark the shift towards developer-driven platform economics rather than hardware share. Collaborations with Oracle, Core42, and Siemens support cross-industry affirmation. AI software integration with MI300-class GPUs replicates Nvidia&#39;s CUDA moat in open-source guise. The ramped-up Ryzen AI PC product line powered by Ryzen AI Max+ and 300 series processors supports the architecture by sowing an edge-to-cloud AI continuum, a play aimed at enabling end-to-end data observability and compute utility.</p><h2 id=\"id_484905983\">The Competitive Landscape: Catching Nvidia with Infrastructure-Led Playbooks</h2><p>Nvidia leads the story and market capitalization, yet AMD&#39;s go-to-market differentiation deserves closer examination. Nvidia has a software moat through CUDA and deep hyperscaler pipelines while AMD is strategically outflanking in a systems play. How the addition of ZT Systems enables it to do rack-level customized deployments tailored to customers&#39; workloads is something Nvidia, which frequently outsources integration, can&#39;t effectively match.</p><p>In addition, AMD&#39;s alliances are not public relations vanity. Oracle&#39;s implementation of MI355X accelerators in hyperscale environments and Core42&#39;s AI deployment in the flagship AI facility for France are real-world indicators of demand elasticity for something other than Nvidia. At the same time, the Open Telecom AI Platform with Jio, Cisco, and Nokia is an example of horizontal alliance strategy as opposed to vertical integration such that the company can scale without controlling every node in the stack. Conversely, Intel is stuck in delays and uneven execution, and Arm-based AI chip vendors do not have the software maturity or ecosystem depth that AMD currently has.</p><p>On an in-per-watt and in-per-TFLOP basis, critically, AMD is pricing aggressively. And with ROCm&#39;s increasing compatibility with top frontier models such as Meta&#39;s Llama 4 and Google&#39;s Gemma 3, the difference between Nvidia&#39;s premium pricing and AMD&#39;s value play becomes a material competitive factor.</p><h2 id=\"id_2517522599\">Strategic &amp; Financial Deep Dive: Where AI Meets Margin Expansion</h2><p>The company&#39;s $0.96 Q1 2025 non-GAAP diluted earnings per share was 55% higher year-over-year on $1.6 billion of net income. Gross margin widened to 54% non-GAAP from 52% in the previous year on richer Ryzen processor mix and strong EPYC pull-through.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e6234df038be656b1a2e96f4b2966b5\" alt=\"Source: AMD’s First Quarter 2025 Financial Results\" title=\"Source: AMD’s First Quarter 2025 Financial Results\" tg-width=\"1000\" tg-height=\"685\"/><span>Source: AMD’s First Quarter 2025 Financial Results</span></p><p>The company&#39;s free cash flow jumped to $727 million representing a 10% FCF margin amidst high CapEx ($212M) related to integration as well as ramping MI300 production. The Data Center segment by itself generated $932 million of operating income on $3.7 billion of sales, representing a 25% margin.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b79ee8f5e67cf5c0832fd7e07c7dcd31\" alt=\"Source: Finbold\" title=\"Source: Finbold\" tg-width=\"1600\" tg-height=\"900\"/><span>Source: Finbold</span></p><p>The client segment was typically cyclical but produced a surprise 109% YoY growth in operating income on the back of adoption of 16-core Ryzen 9950X3D processors and notebook refresh cycles. Gaming revenue declined YoY on the back of semi-custom softness but remained flat sequentially, suggesting potential troughing.</p><p>AMD&#39;s OpEx leverage is also strengthening. Even after swallowing up ZT Systems, non-GAAP OpEx only grew 5% QoQ as R&amp;D intensity continues at ~$1.7B, an indication of AMD investing all through the cycle. Of particular note was adjusted EBITDA of $1.95 billion, 50% margin versus $1.295 billion last year, reflecting platform convergence scale benefits.</p><p>On the balance sheet at the end of Q1, AMD had $7.3 billion in short-term investments and cash on hand, up 42% from the previous quarter, financed in part by $950 million commercial paper and $1.5 billion of new debt to finance the ZT transaction. Debt was at $4.16B but still low compared to equity ($58B) and the FCF path.</p><h2 id=\"id_1478399397\">Valuation Recalibrated: Pricing Power Meets Market Skepticism</h2><p>With a trailing non-GAAP diluted EPS of $0.96 during Q1 2025, AMD&#39;s run-rate on an annualized basis implies forward non-GAAP diluted EPS of approximately $3.84. Applying this to AMD&#39;s trading range of ~$111/share currently, the stock has a price to earnings ratio of ~29x forward non-GAAP earnings. The multiple tightens upon adjusting for AMD&#39;s Q1 gross margin increase, extended operating leverage, and potential gross margin normalization back to 56–58% following the one-time $800M export surcharge in Q2.</p><p>Consensus analysts project AMD&#39;s target price at $197.85 in 12 months, representing ~78% upside from here, and put AMD&#39;s PEG ratio at 0.87, significantly lower than Nvidia&#39;s &gt;1.7 and the ~1.2 peer-group average. That divergence highlights potential mispricing. Although Nvidia is trading on 36x forward earnings with higher growth, AMD&#39;s valuation factors in substantial doubt on it being able to drive MI300X take-up and capture the $500B AI accelerator TAM it now has in its sights with integration of ZT Systems.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9daa604aa4aba45536ebf0a45d9b7e59\" alt=\"Source: market.us\" title=\"Source: market.us\" tg-width=\"916\" tg-height=\"534\"/><span>Source: market.us</span></p><p>Free cash flows also underpin the rerating case. AMD produced $727 million of Q1 FCF (+92% YoY), which translates into an implied ~$2.8 billion FCF annualized, or 2.5% FCF yield. Adjusted for the one-time reserve charge on inventory in Q2, AMD&#39;s normalized FCF yield would be close to 3.2%, which positions it favorably relative to large-cap tech comps at comparable stages of growth.</p><h2 id=\"id_342170036\">Risks: Supply Chains, Export Controls, and Execution Timelines</h2><p>Although the structural thesis stands, AMD has material near-term concerns. The $800M write-off in inventory in Q2, attributed to U.S. export controls for high-end GPUs, is indicative of regulatory vulnerability in AI supply chains. Although management assures these are one-time charges, their effect on quarterly performance and sentiment can be a negative drag on multiple expansion. Second, integration of ZT Systems is in its early innings. Divestiture of manufacturing is in progress, though slippage in realizing rack-level synergies or margin gains has the potential to reset expectations. </p><p>Moreover, AMD&#39;s ROCm ecosystem, although maturing, lingers behind CUDA in terms of community usage, and software compatibility gaps may slow onboarding for risk-averse enterprise customers. In conclusion, there are also wider macro risks at play. A deceleration in hyperscaler CapEx or wider technology multiple compression on the back of rates or geopolitics would put pressure on valuation despite strong fundamentals. Therefore, the bull case is still dependent on timely execution.</p><h2 id=\"id_117697686\">Conclusion: A Misunderstood Compounder at an Inflection Point</h2><p>AMD is quietly transforming from being a component supplier to being an AI-native platform orchestrator. Deep operating leverage in conjunction with aggressive system-level integrations and underappreciated developer traction is causing the market to misprice its equity profile. At present prices, AMD presents one of the most skewed setups in the semis: platform economics in a compounder being priced at cyclical levels. As execution reinforces the rack-scale thesis and ROCm scales, the re-rating is not just possible, it&#39;s likely.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.tradingkey.com/analysis/stocks/us-stocks/250722452-shift-inside-amd-no-one-sees-tradingkey-yiannis-zourmpanos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2537138402","content_text":"AMD’s Q1 2025 revenue hit $7.4B with 36% YoY growth, driven by EPYC CPUs and MI300 GPUs.The ZT Systems acquisition enables rack-scale integration, expanding AMD’s addressable market and lifting Data Center margins to 25%.ROCm 6.4 and AI container updates deepen developer stickiness, positioning AMD as a CUDA alternative with open-source appeal.With a 2.5% FCF yield and PEG ratio of 0.87, AMD remains undervalued relative to AI growth and peers.Tradingkey - The general story in the case of AMD today is one of decent growth, careful optimism, and competitive catch-up. That's short-sighted. Behind the beat on top-line earnings and cyclical bounce in the PC and gaming verticals, AMD is experiencing a deeper structural transformation with significant consequences. The $7.4 billion Q1 2025 revenue beat and 36% YoY growth merely suggests as much.The actual thesis is in the intersection of rack-scale AI infrastructure, re-architected software ecosystem (ROCm), and the ZT Systems acquisition, as it makes AMD a full-stack challenger in the $500 billion AI accelerator TAM. The thesis of the article is that AMD is not just a second-string chipmaker in the shadow of Nvidia but a misunderstood platform company at an inflection point. The current valuation multiples of the market for 29x forward P/E, 2.5% FCF yield and PEG under 0.9 do not factor in AMD's embedded operating leverage, under-valued data center business, and systems-level differentiation.Source: IoT AnalyticsThe Full-Stack Ascent: From Component Supplier to Platform OrchestratorAMD's Q1 numbers shed light on its changing persona. Data Center revenue grew 57% YoY to $3.7 billion on the strength of EPYC CPU and MI300 Instinct GPU. But the important shift isn't in unit quantity, it's in integration. The completion of the ZT Systems merge on March 31, 2025 gave AMD end-to-end design competence for rack-scale systems, in effect bringing itself from silicon vendor to systems integrator. That opens AMD's addressable market and margin profile exponentially. Rack-level design implies higher ASPs, improved power/performance optimization, and closer customer lock-in, typically the domain of Nvidia or vertically integrated hyperscalers.Source: AMD’s First Quarter 2025 Financial ResultsIn the meantime, AMD is using ROCm 6.4 and AI software container deployments to enhance stickiness. Inference and training container bi-weekly updates mark the shift towards developer-driven platform economics rather than hardware share. Collaborations with Oracle, Core42, and Siemens support cross-industry affirmation. AI software integration with MI300-class GPUs replicates Nvidia's CUDA moat in open-source guise. The ramped-up Ryzen AI PC product line powered by Ryzen AI Max+ and 300 series processors supports the architecture by sowing an edge-to-cloud AI continuum, a play aimed at enabling end-to-end data observability and compute utility.The Competitive Landscape: Catching Nvidia with Infrastructure-Led PlaybooksNvidia leads the story and market capitalization, yet AMD's go-to-market differentiation deserves closer examination. Nvidia has a software moat through CUDA and deep hyperscaler pipelines while AMD is strategically outflanking in a systems play. How the addition of ZT Systems enables it to do rack-level customized deployments tailored to customers' workloads is something Nvidia, which frequently outsources integration, can't effectively match.In addition, AMD's alliances are not public relations vanity. Oracle's implementation of MI355X accelerators in hyperscale environments and Core42's AI deployment in the flagship AI facility for France are real-world indicators of demand elasticity for something other than Nvidia. At the same time, the Open Telecom AI Platform with Jio, Cisco, and Nokia is an example of horizontal alliance strategy as opposed to vertical integration such that the company can scale without controlling every node in the stack. Conversely, Intel is stuck in delays and uneven execution, and Arm-based AI chip vendors do not have the software maturity or ecosystem depth that AMD currently has.On an in-per-watt and in-per-TFLOP basis, critically, AMD is pricing aggressively. And with ROCm's increasing compatibility with top frontier models such as Meta's Llama 4 and Google's Gemma 3, the difference between Nvidia's premium pricing and AMD's value play becomes a material competitive factor.Strategic & Financial Deep Dive: Where AI Meets Margin ExpansionThe company's $0.96 Q1 2025 non-GAAP diluted earnings per share was 55% higher year-over-year on $1.6 billion of net income. Gross margin widened to 54% non-GAAP from 52% in the previous year on richer Ryzen processor mix and strong EPYC pull-through.Source: AMD’s First Quarter 2025 Financial ResultsThe company's free cash flow jumped to $727 million representing a 10% FCF margin amidst high CapEx ($212M) related to integration as well as ramping MI300 production. The Data Center segment by itself generated $932 million of operating income on $3.7 billion of sales, representing a 25% margin.Source: FinboldThe client segment was typically cyclical but produced a surprise 109% YoY growth in operating income on the back of adoption of 16-core Ryzen 9950X3D processors and notebook refresh cycles. Gaming revenue declined YoY on the back of semi-custom softness but remained flat sequentially, suggesting potential troughing.AMD's OpEx leverage is also strengthening. Even after swallowing up ZT Systems, non-GAAP OpEx only grew 5% QoQ as R&D intensity continues at ~$1.7B, an indication of AMD investing all through the cycle. Of particular note was adjusted EBITDA of $1.95 billion, 50% margin versus $1.295 billion last year, reflecting platform convergence scale benefits.On the balance sheet at the end of Q1, AMD had $7.3 billion in short-term investments and cash on hand, up 42% from the previous quarter, financed in part by $950 million commercial paper and $1.5 billion of new debt to finance the ZT transaction. Debt was at $4.16B but still low compared to equity ($58B) and the FCF path.Valuation Recalibrated: Pricing Power Meets Market SkepticismWith a trailing non-GAAP diluted EPS of $0.96 during Q1 2025, AMD's run-rate on an annualized basis implies forward non-GAAP diluted EPS of approximately $3.84. Applying this to AMD's trading range of ~$111/share currently, the stock has a price to earnings ratio of ~29x forward non-GAAP earnings. The multiple tightens upon adjusting for AMD's Q1 gross margin increase, extended operating leverage, and potential gross margin normalization back to 56–58% following the one-time $800M export surcharge in Q2.Consensus analysts project AMD's target price at $197.85 in 12 months, representing ~78% upside from here, and put AMD's PEG ratio at 0.87, significantly lower than Nvidia's >1.7 and the ~1.2 peer-group average. That divergence highlights potential mispricing. Although Nvidia is trading on 36x forward earnings with higher growth, AMD's valuation factors in substantial doubt on it being able to drive MI300X take-up and capture the $500B AI accelerator TAM it now has in its sights with integration of ZT Systems.Source: market.usFree cash flows also underpin the rerating case. AMD produced $727 million of Q1 FCF (+92% YoY), which translates into an implied ~$2.8 billion FCF annualized, or 2.5% FCF yield. Adjusted for the one-time reserve charge on inventory in Q2, AMD's normalized FCF yield would be close to 3.2%, which positions it favorably relative to large-cap tech comps at comparable stages of growth.Risks: Supply Chains, Export Controls, and Execution TimelinesAlthough the structural thesis stands, AMD has material near-term concerns. The $800M write-off in inventory in Q2, attributed to U.S. export controls for high-end GPUs, is indicative of regulatory vulnerability in AI supply chains. Although management assures these are one-time charges, their effect on quarterly performance and sentiment can be a negative drag on multiple expansion. Second, integration of ZT Systems is in its early innings. Divestiture of manufacturing is in progress, though slippage in realizing rack-level synergies or margin gains has the potential to reset expectations. Moreover, AMD's ROCm ecosystem, although maturing, lingers behind CUDA in terms of community usage, and software compatibility gaps may slow onboarding for risk-averse enterprise customers. In conclusion, there are also wider macro risks at play. A deceleration in hyperscaler CapEx or wider technology multiple compression on the back of rates or geopolitics would put pressure on valuation despite strong fundamentals. Therefore, the bull case is still dependent on timely execution.Conclusion: A Misunderstood Compounder at an Inflection PointAMD is quietly transforming from being a component supplier to being an AI-native platform orchestrator. Deep operating leverage in conjunction with aggressive system-level integrations and underappreciated developer traction is causing the market to misprice its equity profile. At present prices, AMD presents one of the most skewed setups in the semis: platform economics in a compounder being priced at cyclical levels. As execution reinforces the rack-scale thesis and ROCm scales, the re-rating is not just possible, it's likely.","news_type":1,"symbols_score_info":{"AMD":1.1}},"isVote":1,"tweetType":1,"viewCount":792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330711007666208,"gmtCreate":1721745776437,"gmtModify":1721745780244,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Crash to how much ? And which day it will crash ? Tell me and I will sell before that date","listText":"Crash to how much ? And which day it will crash ? Tell me and I will sell before that date","text":"Crash to how much ? And which day it will crash ? Tell me and I will sell before that date","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330711007666208","repostId":"2453076978","repostType":2,"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321420201947144,"gmtCreate":1719501960850,"gmtModify":1719501964702,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"It was a good QR, analysts have unrealistic expectation. It is a buy now to harvest 6-12 months from now","listText":"It was a good QR, analysts have unrealistic expectation. It is a buy now to harvest 6-12 months from now","text":"It was a good QR, analysts have unrealistic expectation. It is a buy now to harvest 6-12 months from now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321420201947144","repostId":"1122760151","repostType":2,"isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":435710754009568,"gmtCreate":1747410426851,"gmtModify":1747410429957,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Going to the Moon","listText":"Going to the Moon","text":"Going to the Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/435710754009568","repostId":"1141557771","repostType":2,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":431201970778392,"gmtCreate":1746266886675,"gmtModify":1746266890563,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Pay $4 Billion more to manufacture in India instead of China. Sounds like a good idea ?","listText":"Pay $4 Billion more to manufacture in India instead of China. Sounds like a good idea ?","text":"Pay $4 Billion more to manufacture in India instead of China. Sounds like a good idea ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/431201970778392","repostId":"2532817915","repostType":2,"isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":430810396705088,"gmtCreate":1746201619851,"gmtModify":1746201623383,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Warren Buffet is a legend, GOAT","listText":"Warren Buffet is a legend, GOAT","text":"Warren Buffet is a legend, GOAT","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/430810396705088","repostId":"2532849484","repostType":2,"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":430094585254512,"gmtCreate":1746027045807,"gmtModify":1746031985856,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Restrict here and there , end result will be America businesses buy Nvidia. The rest of the world buy AI Chip from China. It is foolish to think only America capable of producing cutting edge technologies&nbsp;","listText":"Restrict here and there , end result will be America businesses buy Nvidia. The rest of the world buy AI Chip from China. It is foolish to think only America capable of producing cutting edge technologies&nbsp;","text":"Restrict here and there , end result will be America businesses buy Nvidia. The rest of the world buy AI Chip from China. It is foolish to think only America capable of producing cutting edge technologies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/430094585254512","repostId":"2531512880","repostType":2,"repost":{"id":"2531512880","kind":"live","pubTimestamp":1746025200,"share":"https://ttm.financial/m/news/2531512880?lang=&edition=full_marsco","pubTime":"2025-04-30 23:00","market":"us","language":"en","title":"Nvidia CEO Says Trump Should Revise Rules for AI Chip Exports","url":"https://stock-news.laohu8.com/highlight/detail?id=2531512880","media":"Bloomberg","summary":"Nvidia Corp. Chief Executive Officer Jensen Huang said he’d like the Trump administration to change ","content":"<html><head></head><body><p style=\"text-align: start;\">Nvidia Corp. Chief Executive Officer Jensen Huang said he’d like the Trump administration to change regulations for exporting artificial intelligence technology from the US to the rest of the world so American businesses can better capitalize on the opportunities in the future.</p><p style=\"text-align: start;\">“We need to accelerate the diffusion of American AI technology around the world,” Huang said in a brief meeting with the media. “The policies and encouragement from the administration really need to support that.”</p><p style=\"text-align: start;\">Nvidia sells the leading AI chips for training artificial-intelligence models, including for OpenAI, but it’s been banned from selling its most-advanced products to customers in China. The Biden administration had sketched out an additional policy for AI diffusion, or limiting the sale of AI technology to countries around the world based on three bands of qualification.</p><p style=\"text-align: start;\">“I’m not sure what the new diffusion rule is going to be, but whatever it turns out to be, it really has to recognize that the world has changed fundamentally since the previous diffusion rule was released,” Huang said.</p><p>He also cautioned that China is growing into a formidable rival in technology, and he singled out Huawei Technologies Co., the Chinese telecom giant that has expanded into designing its own AI chips.</p><p>“China is not behind,” he said. “Are they ahead of us? China is right behind us. We’re very, very close.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia CEO Says Trump Should Revise Rules for AI Chip Exports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia CEO Says Trump Should Revise Rules for AI Chip Exports\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-30 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-04-30/nvidia-ceo-says-trump-should-revise-rules-for-ai-chip-exports?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp. Chief Executive Officer Jensen Huang said he’d like the Trump administration to change regulations for exporting artificial intelligence technology from the US to the rest of the world so...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-04-30/nvidia-ceo-says-trump-should-revise-rules-for-ai-chip-exports?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","BK4581":"高盛持仓","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","NVDA":"英伟达","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","LU0109392836.USD":"富兰克林科技股A","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC"},"source_url":"https://www.bloomberg.com/news/articles/2025-04-30/nvidia-ceo-says-trump-should-revise-rules-for-ai-chip-exports?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2531512880","content_text":"Nvidia Corp. Chief Executive Officer Jensen Huang said he’d like the Trump administration to change regulations for exporting artificial intelligence technology from the US to the rest of the world so American businesses can better capitalize on the opportunities in the future.“We need to accelerate the diffusion of American AI technology around the world,” Huang said in a brief meeting with the media. “The policies and encouragement from the administration really need to support that.”Nvidia sells the leading AI chips for training artificial-intelligence models, including for OpenAI, but it’s been banned from selling its most-advanced products to customers in China. The Biden administration had sketched out an additional policy for AI diffusion, or limiting the sale of AI technology to countries around the world based on three bands of qualification.“I’m not sure what the new diffusion rule is going to be, but whatever it turns out to be, it really has to recognize that the world has changed fundamentally since the previous diffusion rule was released,” Huang said.He also cautioned that China is growing into a formidable rival in technology, and he singled out Huawei Technologies Co., the Chinese telecom giant that has expanded into designing its own AI chips.“China is not behind,” he said. “Are they ahead of us? China is right behind us. We’re very, very close.”","news_type":1,"symbols_score_info":{"NVDA":1.1}},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":426854243709288,"gmtCreate":1745232744591,"gmtModify":1745241009835,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Stupid to restrict sale","listText":"Stupid to restrict sale","text":"Stupid to restrict sale","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/426854243709288","repostId":"1170713136","repostType":2,"repost":{"id":"1170713136","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1745230447,"share":"https://ttm.financial/m/news/1170713136?lang=&edition=full_marsco","pubTime":"2025-04-21 18:14","market":"us","language":"en","title":"Huawei Readies New AI Chip for Mass Shipment as China Seeks Nvidia Alternatives, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1170713136","media":"Reuters","summary":"SINGAPORE/BEIJING, April 21 (Reuters) - Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people fami","content":"<html><head></head><body><p>SINGAPORE/BEIJING, April 21 (Reuters) - Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.</p><p>Some shipments have already been made, they added.</p><p>Nvidia shares sank 3% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1b2901fe78877eebda2518f1eea04a56\" title=\"\" tg-width=\"845\" tg-height=\"625\"/></p><p>The timing is fortuitous for Chinese AI companies which have been left scrambling for domestic alternatives to the H20, the primary AI chip that Nvidia had until recently been allowed to sell freely in the Chinese market.</p><p>This month, U.S. President Donald Trump&#39;s administration told Nvidia that sales of the H20 would require an export licence.</p><p>Huawei&#39;s 910C, a graphics processing unit (GPU), represents an architectural evolution rather than a technological breakthrough, according to one of the two people and a third source familiar with its design.</p><p>It achieves performance comparable to Nvidia&#39;s H100 chip by combining two 910B processors into a single package through advanced integration techniques, they said.</p><p>That means it has double the computing power and memory capacity of the 910B and it also has incremental improvements, including enhanced support for diverse AI workload data, they added.</p><p>All sources were not authorised to speak to media and declined to be identified. Huawei did not immediately respond to a request for comment.</p><p>Seeking to limit China&#39;s technological development, particularly advances for its military, Washington has cut China off from Nvidia&#39;s most advanced AI products including its flagship B200 chip.</p><p>The H100 chip, for example, was banned from sale in China in 2022 by U.S. authorities before it was even launched.</p><p>This has allowed Huawei and Chinese GPU startups such as Moore Threads and Iluvatar CoreX to go after what has primarily been a market dominated by Nvidia.</p><p>The U.S. Commerce Department&#39;s latest export curbs on Nvidia&#39;s H20 &#34;will mean that Huawei&#39;s Ascend 910C GPU will now become the hardware of choice for (Chinese) AI model developers and for deploying inference capacity,&#34; said Paul Triolo, a partner at consulting firm Albright Stonebridge Group.</p><p>Late last year, Huawei distributed samples of the 910C to several technology firms and started accepting orders, sources have said.</p><p>Reuters was not able to ascertain which companies would be primarily producing the 910C.</p><p>China&#39;s SMIC 0981.HK is manufacturing some main components of the GPUs using its N+2 7nm process technology although its chip yield rates are low, a source has previously said.</p><p>At least some of Huawei&#39;s 910Cs use chips that were made by Taiwanese contract chip manufacturing giant TSMC for China-based Sophgo, according to one of the sources and a fourth person.</p><p>The Commerce Department has been investigating TSMC&#39;s work for Sophgo after one of its TSMC-made chips was found in a 910B processor.</p><p>TSMC made nearly three million chips in recent years that matched the design ordered by Sophgo, according to Lennart Heim, a researcher at RAND&#39;s Technology and Security and Policy Center in Arlington, Virginia, who is tracking Chinese developments in AI.</p><p>Sophgo did not immediately respond to a request for comment.</p><p>TSMC said it complies with regulatory requirements and it has not supplied Huawei since mid-September 2020.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Huawei Readies New AI Chip for Mass Shipment as China Seeks Nvidia Alternatives, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHuawei Readies New AI Chip for Mass Shipment as China Seeks Nvidia Alternatives, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-04-21 18:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE/BEIJING, April 21 (Reuters) - Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.</p><p>Some shipments have already been made, they added.</p><p>Nvidia shares sank 3% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1b2901fe78877eebda2518f1eea04a56\" title=\"\" tg-width=\"845\" tg-height=\"625\"/></p><p>The timing is fortuitous for Chinese AI companies which have been left scrambling for domestic alternatives to the H20, the primary AI chip that Nvidia had until recently been allowed to sell freely in the Chinese market.</p><p>This month, U.S. President Donald Trump&#39;s administration told Nvidia that sales of the H20 would require an export licence.</p><p>Huawei&#39;s 910C, a graphics processing unit (GPU), represents an architectural evolution rather than a technological breakthrough, according to one of the two people and a third source familiar with its design.</p><p>It achieves performance comparable to Nvidia&#39;s H100 chip by combining two 910B processors into a single package through advanced integration techniques, they said.</p><p>That means it has double the computing power and memory capacity of the 910B and it also has incremental improvements, including enhanced support for diverse AI workload data, they added.</p><p>All sources were not authorised to speak to media and declined to be identified. Huawei did not immediately respond to a request for comment.</p><p>Seeking to limit China&#39;s technological development, particularly advances for its military, Washington has cut China off from Nvidia&#39;s most advanced AI products including its flagship B200 chip.</p><p>The H100 chip, for example, was banned from sale in China in 2022 by U.S. authorities before it was even launched.</p><p>This has allowed Huawei and Chinese GPU startups such as Moore Threads and Iluvatar CoreX to go after what has primarily been a market dominated by Nvidia.</p><p>The U.S. Commerce Department&#39;s latest export curbs on Nvidia&#39;s H20 &#34;will mean that Huawei&#39;s Ascend 910C GPU will now become the hardware of choice for (Chinese) AI model developers and for deploying inference capacity,&#34; said Paul Triolo, a partner at consulting firm Albright Stonebridge Group.</p><p>Late last year, Huawei distributed samples of the 910C to several technology firms and started accepting orders, sources have said.</p><p>Reuters was not able to ascertain which companies would be primarily producing the 910C.</p><p>China&#39;s SMIC 0981.HK is manufacturing some main components of the GPUs using its N+2 7nm process technology although its chip yield rates are low, a source has previously said.</p><p>At least some of Huawei&#39;s 910Cs use chips that were made by Taiwanese contract chip manufacturing giant TSMC for China-based Sophgo, according to one of the sources and a fourth person.</p><p>The Commerce Department has been investigating TSMC&#39;s work for Sophgo after one of its TSMC-made chips was found in a 910B processor.</p><p>TSMC made nearly three million chips in recent years that matched the design ordered by Sophgo, according to Lennart Heim, a researcher at RAND&#39;s Technology and Security and Policy Center in Arlington, Virginia, who is tracking Chinese developments in AI.</p><p>Sophgo did not immediately respond to a request for comment.</p><p>TSMC said it complies with regulatory requirements and it has not supplied Huawei since mid-September 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达","TSM":"台积电"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170713136","content_text":"SINGAPORE/BEIJING, April 21 (Reuters) - Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.Some shipments have already been made, they added.Nvidia shares sank 3% in premarket trading.The timing is fortuitous for Chinese AI companies which have been left scrambling for domestic alternatives to the H20, the primary AI chip that Nvidia had until recently been allowed to sell freely in the Chinese market.This month, U.S. President Donald Trump's administration told Nvidia that sales of the H20 would require an export licence.Huawei's 910C, a graphics processing unit (GPU), represents an architectural evolution rather than a technological breakthrough, according to one of the two people and a third source familiar with its design.It achieves performance comparable to Nvidia's H100 chip by combining two 910B processors into a single package through advanced integration techniques, they said.That means it has double the computing power and memory capacity of the 910B and it also has incremental improvements, including enhanced support for diverse AI workload data, they added.All sources were not authorised to speak to media and declined to be identified. Huawei did not immediately respond to a request for comment.Seeking to limit China's technological development, particularly advances for its military, Washington has cut China off from Nvidia's most advanced AI products including its flagship B200 chip.The H100 chip, for example, was banned from sale in China in 2022 by U.S. authorities before it was even launched.This has allowed Huawei and Chinese GPU startups such as Moore Threads and Iluvatar CoreX to go after what has primarily been a market dominated by Nvidia.The U.S. Commerce Department's latest export curbs on Nvidia's H20 \"will mean that Huawei's Ascend 910C GPU will now become the hardware of choice for (Chinese) AI model developers and for deploying inference capacity,\" said Paul Triolo, a partner at consulting firm Albright Stonebridge Group.Late last year, Huawei distributed samples of the 910C to several technology firms and started accepting orders, sources have said.Reuters was not able to ascertain which companies would be primarily producing the 910C.China's SMIC 0981.HK is manufacturing some main components of the GPUs using its N+2 7nm process technology although its chip yield rates are low, a source has previously said.At least some of Huawei's 910Cs use chips that were made by Taiwanese contract chip manufacturing giant TSMC for China-based Sophgo, according to one of the sources and a fourth person.The Commerce Department has been investigating TSMC's work for Sophgo after one of its TSMC-made chips was found in a 910B processor.TSMC made nearly three million chips in recent years that matched the design ordered by Sophgo, according to Lennart Heim, a researcher at RAND's Technology and Security and Policy Center in Arlington, Virginia, who is tracking Chinese developments in AI.Sophgo did not immediately respond to a request for comment.TSMC said it complies with regulatory requirements and it has not supplied Huawei since mid-September 2020.","news_type":1,"symbols_score_info":{"AMD":1.1,"NVDA":1.1,"TSM":1.1}},"isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":415861214544400,"gmtCreate":1742536577690,"gmtModify":1742536581746,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Sell Tesla Car and Tesla stock if you have , before it is too late","listText":"Sell Tesla Car and Tesla stock if you have , before it is too late","text":"Sell Tesla Car and Tesla stock if you have , before it is too late","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/415861214544400","repostId":"1195887511","repostType":2,"repost":{"id":"1195887511","kind":"news","pubTimestamp":1742522761,"share":"https://ttm.financial/m/news/1195887511?lang=&edition=full_marsco","pubTime":"2025-03-21 10:06","market":"us","language":"en","title":"Tesla Springs Last-Minute Public All Hands on Staffers, Confusion Ensues","url":"https://stock-news.laohu8.com/highlight/detail?id=1195887511","media":"Business Insider","summary":"Tesla announced an all-hands meeting with short notice, causing some employee confusion.Tesla said the meeting aims to discuss Tesla's recent achievements.Tesla's unusual timing and deleted livestream","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla announced an all-hands meeting with short notice, causing some employee confusion.</p></li><li><p>Tesla said the meeting aims to discuss Tesla&#39;s recent achievements.</p></li><li><p>Tesla&#39;s unusual timing and deleted livestream link added to employee confusion.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f7b7d0f602a84abfc14d9c750961d531\" title=\"Tesla announced an all-hands meeting with short notice, causing employee confusion.\" tg-width=\"700\" tg-height=\"442\"/><span>Tesla announced an all-hands meeting with short notice, causing employee confusion.</span></p><p>Tesla notified employees of an all-hands shortly before the event, according to a memo viewed by Business Insider.</p><p>The company sent employees a link to a Teams chat and an X livestream on Thursday night with the message &#34;Join the Company All Hands to hear about Tesla&#39;s recent achievements and how we&#39;re making the impossible possible.&#34;</p><p style=\"text-align: left;\">The event was set to kick off at 9:30 p.m. ET.</p><p style=\"text-align: left;\">Some workers expressed confusion about the event and the short notice for the company meeting, according to Teams messages viewed by BI. Typically, Tesla hosts all-hands during regular work hours.</p><p style=\"text-align: left;\">&#34;It feels a bit hasty. No one was expecting this tonight and we&#39;re all just trying to catch up,&#34; a Tesla engineer told BI.</p><p>Tesla investors also appeared to become confused after the carmaker posted a livestream link before the event began, only to end the livestream and delete it about 30 minutes later. During the livestream, a man&#39;s voice could be heard saying several seemingly random things including &#34;Dylan on stage&#34; and &#34;Stock parts. Joe. That&#39;s the best I can do.&#34;<br/><br/>Some workers said they tried to access the livestream but the link on X didn&#39;t work, as Tesla sent a link to a livestream that had been deleted.</p><p style=\"text-align: left;\">Tesla restarted a new livestream shortly before 9:30 p.m. ET, but the live stream remained silent for nearly 30 minutes.</p><p>Elon Musk tweeted a link to the event at 9:45 p.m ET.</p><p style=\"text-align: left;\">Three minutes later the live stream was still silent and Musk had responded to a tweet claiming to show a generational shift in political attitudes among white men with &#34;Wow.&#34;<br/><br/>The event began streaming at 9:58 p.m. ET.</p><p>A spokesperson for Tesla did not respond to a request for comment.</p><p style=\"text-align: left;\">The carmaker has been facing headwinds in recent month. Tesla&#39;s stock is down more than 37% year-to-date and a series of protests have erupted across Tesla sales and service centers over the past few weeks.</p></body></html>","source":"businsider_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Springs Last-Minute Public All Hands on Staffers, Confusion Ensues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Springs Last-Minute Public All Hands on Staffers, Confusion Ensues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-21 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businessinsider.com/tesla-springs-last-minute-public-all-hands-on-staffers-2025-3><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla announced an all-hands meeting with short notice, causing some employee confusion.Tesla said the meeting aims to discuss Tesla's recent achievements.Tesla's unusual timing and deleted livestream...</p>\n\n<a href=\"https://www.businessinsider.com/tesla-springs-last-minute-public-all-hands-on-staffers-2025-3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.businessinsider.com/tesla-springs-last-minute-public-all-hands-on-staffers-2025-3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195887511","content_text":"Tesla announced an all-hands meeting with short notice, causing some employee confusion.Tesla said the meeting aims to discuss Tesla's recent achievements.Tesla's unusual timing and deleted livestream link added to employee confusion.Tesla announced an all-hands meeting with short notice, causing employee confusion.Tesla notified employees of an all-hands shortly before the event, according to a memo viewed by Business Insider.The company sent employees a link to a Teams chat and an X livestream on Thursday night with the message \"Join the Company All Hands to hear about Tesla's recent achievements and how we're making the impossible possible.\"The event was set to kick off at 9:30 p.m. ET.Some workers expressed confusion about the event and the short notice for the company meeting, according to Teams messages viewed by BI. Typically, Tesla hosts all-hands during regular work hours.\"It feels a bit hasty. No one was expecting this tonight and we're all just trying to catch up,\" a Tesla engineer told BI.Tesla investors also appeared to become confused after the carmaker posted a livestream link before the event began, only to end the livestream and delete it about 30 minutes later. During the livestream, a man's voice could be heard saying several seemingly random things including \"Dylan on stage\" and \"Stock parts. Joe. That's the best I can do.\"Some workers said they tried to access the livestream but the link on X didn't work, as Tesla sent a link to a livestream that had been deleted.Tesla restarted a new livestream shortly before 9:30 p.m. ET, but the live stream remained silent for nearly 30 minutes.Elon Musk tweeted a link to the event at 9:45 p.m ET.Three minutes later the live stream was still silent and Musk had responded to a tweet claiming to show a generational shift in political attitudes among white men with \"Wow.\"The event began streaming at 9:58 p.m. ET.A spokesperson for Tesla did not respond to a request for comment.The carmaker has been facing headwinds in recent month. Tesla's stock is down more than 37% year-to-date and a series of protests have erupted across Tesla sales and service centers over the past few weeks.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":410573975441888,"gmtCreate":1741263665305,"gmtModify":1741266113599,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Dumb this loser as fast as you can.","listText":"Dumb this loser as fast as you can.","text":"Dumb this loser as fast as you can.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/410573975441888","repostId":"1175847649","repostType":2,"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":400335355633760,"gmtCreate":1738764747008,"gmtModify":1738764749018,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Good News","listText":"Good News","text":"Good News","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/400335355633760","repostId":"2509890682","repostType":2,"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":400332618977376,"gmtCreate":1738764078880,"gmtModify":1738764083644,"author":{"id":"4171803256903022","authorId":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/c38f4668f8134a2f2f17efffb35d19b4","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171803256903022","authorIdStr":"4171803256903022"},"themes":[],"htmlText":"Good News","listText":"Good News","text":"Good News","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/400332618977376","repostId":"2509200400","repostType":2,"repost":{"id":"2509200400","kind":"highlight","pubTimestamp":1738766879,"share":"https://ttm.financial/m/news/2509200400?lang=&edition=full_marsco","pubTime":"2025-02-05 22:47","market":"hk","language":"en","title":"Tesla Stock Falls 2% as Sales Plunge 59% in Germany, Its Worst Showing in Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2509200400","media":"Bloomberg","summary":"\\","content":"<html><head></head><body><p>Tesla Inc.’s sales plummeted 59% last month in Germany, where Chief Executive Officer Elon Musk asserted himself in national politics like never before.</p><p>Shares of Tesla fell 2% on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e912850d9e6638c0d17262a6422694ae\" tg-width=\"789\" tg-height=\"636\"/></p><p style=\"text-align: start;\">The US manufacturer registered only 1,277 new cars in January, its lowest monthly total since July 2021, according to the German Federal Motor Transport Authority. Tesla lost substantial ground in an electric vehicle market that was up 54% for the month, suggesting Musk’s vocal support for the far-right Alternative for Germany party likely dragged on demand.</p><p>Tesla stock <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> fell 1.2% in premarket trade. The stock has slipped 3% this year but doubled over the last 52 weeks.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0f58223e6f363023c03309c14e28d7e5\" title=\"\" tg-width=\"642\" tg-height=\"381\"/></p><p>Tesla also posted declines in the UK and France last month, meaning sales fell in Europe’s three largest EV markets as its CEO vouched for AfD leader Alice Weidel and took on Prime Minister Keir Starmer and his Labour government. All the while, Musk was cementing his position in the administration of US President Donald Trump, who’s threatened to hit the European Union with tariffs.</p><p>Musk, 53, hosted a live discussion with Weidel on his social media site X ahead of Germany’s federal election this month. During a virtual appearance at a party rally later in January, the Tesla CEO urged Germans to be proud of their culture and, in an apparent reference to wartime atrocities under the Nazis, discouraged “too much focus on past guilt.”</p><p>The remarks — made just before the 80th anniversary of the liberation of the Auschwitz death camp — sparked outrage in a country where reckoning with the past is central to its postwar identity.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/007e7178019092e25a82cc285111651d\" title=\"\" tg-width=\"655\" tg-height=\"385\"/></p><p>Tesla’s sales plunged 63% last month in France, the EU’s second-biggest EV market, and dropped 12% in the UK.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Falls 2% as Sales Plunge 59% in Germany, Its Worst Showing in Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Falls 2% as Sales Plunge 59% in Germany, Its Worst Showing in Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-05 22:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-05/tesla-sales-plunge-59-in-germany-its-worst-showing-in-years><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc.’s sales plummeted 59% last month in Germany, where Chief Executive Officer Elon Musk asserted himself in national politics like never before.Shares of Tesla fell 2% on Wednesday.The US ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-05/tesla-sales-plunge-59-in-germany-its-worst-showing-in-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2025-02-05/tesla-sales-plunge-59-in-germany-its-worst-showing-in-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2509200400","content_text":"Tesla Inc.’s sales plummeted 59% last month in Germany, where Chief Executive Officer Elon Musk asserted himself in national politics like never before.Shares of Tesla fell 2% on Wednesday.The US manufacturer registered only 1,277 new cars in January, its lowest monthly total since July 2021, according to the German Federal Motor Transport Authority. Tesla lost substantial ground in an electric vehicle market that was up 54% for the month, suggesting Musk’s vocal support for the far-right Alternative for Germany party likely dragged on demand.Tesla stock $(TSLA)$ fell 1.2% in premarket trade. The stock has slipped 3% this year but doubled over the last 52 weeks.Tesla also posted declines in the UK and France last month, meaning sales fell in Europe’s three largest EV markets as its CEO vouched for AfD leader Alice Weidel and took on Prime Minister Keir Starmer and his Labour government. All the while, Musk was cementing his position in the administration of US President Donald Trump, who’s threatened to hit the European Union with tariffs.Musk, 53, hosted a live discussion with Weidel on his social media site X ahead of Germany’s federal election this month. During a virtual appearance at a party rally later in January, the Tesla CEO urged Germans to be proud of their culture and, in an apparent reference to wartime atrocities under the Nazis, discouraged “too much focus on past guilt.”The remarks — made just before the 80th anniversary of the liberation of the Auschwitz death camp — sparked outrage in a country where reckoning with the past is central to its postwar identity.Tesla’s sales plunged 63% last month in France, the EU’s second-biggest EV market, and dropped 12% in the UK.","news_type":1,"symbols_score_info":{"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}