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CHIP Wars: Semiconductor mayhem

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Dona Ferentes said:
And ...

The Chinese government earlier this year banned US chipmaker Micron Technology’s products from some of its critical sectors after saying it found “relatively serious” risks in a cybersecurity review.

The Dutch government on Friday announced measures that will prevent ASML Holding – a company with a near-monopoly on the machines needed to make the most advanced semiconductors – from selling some of its machines to China.
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Well we id say a few years ago the tension over Taiwan, was that China wanted to capture the high level chip manufacturing technology and manufacturing, somewhat like when China inherited Hong Kong back from the U.K, it inherited the best automated port handling technology in the world at that time
 
Nvidia, which has become a standout in the tech industry’s race towards artificial intelligence computing, gave another stunningly strong quarterly revenue forecast, fuelled by surging demand for its AI processors in data centres.

The shares surged more than 7 per cent in extended trading after Nvidia said sales would be about $US16 billion ($24.69 billion) in the three months ending in October. Analyst had estimated just $US12.5 billion, according to data compiled by Bloomberg. Nvidia also approved an additional $US25 billion in stock buybacks.

The outlook underscores Nvidia’s role as the key beneficiary of the AI computing boom. Faced with a surge in demand for chatbots and other tools, data centre operators are stocking up on the company’s processors, which are adept at handling the heavy workloads required by artificial intelligence. That’s helped Nvidia quickly pull out of an industry wide chip slump and accelerate sales growth to its fastest rate in years.

The shares closed at $471.16 in New York trading, already up more than threefold this year.

In the fiscal second quarter, which ended July 30, revenue doubled to $US13.5 billion. Profit was $US2.70 a share, minus certain items. Analysts had predicted sales of about $US11 billion and profit of $US2.07.

...
 
Maybe an Nvidia thread is needed...

Screenshot_20230828-084527_Outlook.jpg
Wall Street equity analysts fell over themselves to upgrade their 12-month price targets.
  • 55 buy recommendations
  • 4 hold
  • Zero sell recommendations.
With a 12-month consensus price target of $633.94. For the record Rosenblatt Securities raised their 12-month price target to $1,100
.
Screenshot_20230828-084546_Outlook.jpg
 
If anyone's interested in Elon , google You tube " Is Nvidia the the new Tesla ? / What are your thoughts ? "
It's from our Compound friends , 8 days ago . I hour in length.
So maybe our cantankerous Capt. Chaza could put it up on his thread .
 
dyna said:
If anyone's interested in Elon , google You tube " Is Nvidia the the new Tesla ? / What are your thoughts ? "
It's from our Compound friends , 8 days ago . I hour in length.
So maybe our cantankerous Capt. Chaza could put it up on his thread .
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El capitana has me on ignore, so she won't see this thread. :beaver:

www.youtube.com

Is Nvidia the New Tesla? | What Are Your Thoughts?

Join Downtown Josh Brown (CEO, Ritholtz Wealth Management) and Michael Batnick (Managing Partner, Ritholtz Wealth Management) for another episode of What Are...
www.youtube.com www.youtube.com
 
No idea where to put this ;
You tube , again . From our Compound friends. "It's time to buy value stocks now / what are your thoughts ? " 58 minutes.
 
Nvidia 's stunning revenue chart worth a look ,though ( at 27min. mark )
$ 10 Billion ( in just 3months )
10 billion big ones from a company that came from.... nowhere .
Market cap.....a $ Trillion ?
and some folks here think the American empire and its mighty dollar , is on slide ?
maybe not , huh ?
 
The Biden administration has announced new restrictions on exports of advanced chips to China, including two made-for-China chips from Nvidia.

US chip stocks fell as the curbs also hit Advanced Micro Devices and Intel.
The curbs are aimed at closing loopholes that became apparent after the US announced export curbs on chips last October.

They are designed to prevent China's military from importing advanced semiconductors or equipment.

Nvidia has said in a filing that the new export restrictions will block sales of two high-end artificial intelligence chips it created for the Chinese market - A800 and H800. It said that one of its gaming chips will also be blocked.
 
China has over one billion brains ( according to Jack Ma ) , the West are too busy working on delaying tactics instead of improving their own tech

fixating on 'the other guy ' instead of running your own race is a tour towards defeat
 
TimeISmoney said:
Wow! Makes me wonder how much instutional push there's behind it.

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Two of NVIDIA's biggest customers are the biggest buyers of NVIDIA's hottest chip, the H100 , which at 30kUSD is not cheap.
Which kinda explains why both companies are putting in a few billion to develop their own chips for AI.
Whether they succeed or not is another question, but if either of them do, it is going to punch a big hole in NVIDIA's future earnings.
And its the future earnings that it is priced at, given it has a P/E of close to 90.
Mick
 
mullokintyre said:
The real money has made and taken with NVIDIA.
Its now only the FOMOS and suckers who are left holding the bag.
mick
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The way I see it:
For established companies, the PE are so absurd that we invest only on hope a bigger sucker will buy for higher, just speculative, nothing to do with ROI, with growth , dividends returns etc
So AI or not IMHO is irrelevant, they could do purple unicorns by gene splicing for all we care.
We can despair or winge, or even pretend the next (insert fad) explains these Ponzi scheme but realistically, we buy these stocks cause we expect to sell them higher...and nothing wrong with that, no real link to future industrial strength, or market share, or revolutionary tech.
 
qldfrog said:
The way I see it:
For established companies, the PE are so absurd that we invest only on hope a bigger sucker will buy for higher, just speculative, nothing to do with ROI, with growth , dividends returns etc
.
Click to expand...
That's 95% of the stock market these days, it's like it's going to be the biggest pump and dump in history.
 
more generally...

"On the one hand, full-year revenue performance in our more consumer-oriented segments of industrial and IoT and mobile was underwhelming. However, following our tight channel management, these businesses trough already back in Quarter 1, 2023 after experiencing a dramatic post-COVID reset. Ever since, we have seen a gradual improvement. And we do think these growth trends should continue throughout 2024"
- Kurt Sievers, CEO, NXP Semiconductors
 
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