Nvidia stock is experiencing strong selling pressure following its earnings release.In today's video, I discuss recent updates impacting Nvidia (NVDA -0.24%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Aug. 29, 2025. The video was published on Aug. 29, 2025. ...

Are expectations too high for Nvidia?In today's video, I discuss recent updates impacting Nvidia (NVDA -0.24%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Aug. 27, 2025. The video was published on Aug. 27, 2025. ...

Core Insights - Cohesity plans to initiate a potential IPO in 2026, aiming for a valuation comparable to its publicly traded peer Rubrik, which currently has a market capitalization of $17 billion [1] - The CEO Sanjay Poonen indicated that this IPO would mark a significant milestone for Cohesity, especially following its merger with Veritas' data protection division, which is expected to be completed by December 2024 [1] - The merger will position Cohesity as the largest data protection software provider globally, with a post-merger valuation exceeding $7 billion [1] - The company is preparing for the IPO once it can present a full fiscal year's performance data to public market investors, potentially as early as "next year" [1] - Cohesity's fiscal year ends in August, suggesting a possible IPO launch in the fall of 2026 [1] - Poonen expressed optimism that if business performance continues positively, 2026 would be an appropriate time for the IPO [1]

Group 1: AI Investment Trends - Major tech companies, including Meta and Alphabet, have raised their capital spending forecasts, driven by ongoing investments in AI infrastructure [1][3] - The AI boom is expected to generate significant revenue gains and cost savings across various industries, with predictions of the AI buildout being valued at $3 trillion to $4 trillion by the end of the decade [2][3] Group 2: Nvidia's Position - Nvidia is the leading designer of graphics processing units (GPUs) essential for AI tasks and has developed a comprehensive range of AI products and services [6] - A substantial portion of Nvidia's sales comes from major tech companies like Meta, Alphabet, and Microsoft, all of which are heavily investing in AI [7] - Nvidia reported double-digit revenue growth and noted extraordinary demand for its latest chip, indicating strong market interest in its offerings [9] Group 3: Taiwan Semiconductor Manufacturing's Role - Taiwan Semiconductor Manufacturing Company (TSMC) produces approximately 90% of advanced chips, benefiting from the growth of various chip designers during the AI boom [10] - TSMC announced a $165 billion investment in U.S.-based chip manufacturing, which includes the establishment of multiple advanced production facilities [11] - TSMC has a strong earnings track record with expectations of continued demand for AI-related chips, making it a favorable investment during the AI revolution [12]

与此同时，谷歌也正在加快TPU的部署脚步。 据科技媒体9月3日消息，谷歌近期已接洽一些以租赁英伟达芯片为主的小型云服务商，希望他们的数据中心也能部署谷歌AI芯片。此外，谷歌也曾尝试与 其他专注英伟达芯片的云服务商达成类似协议，比如正为OpenAI打造一个部署大量英伟达芯片数据中心的Crusoe，以及向微软和OpenAI租赁英伟达芯片的 CoreWeave。 在此之前，谷歌基本不对外出售自研TPU。Capvision此前数据显示，谷歌TPU70%-80%的算力用于内部业务场景使用，剩余20%-30%以自建租赁方式供外使 用。 美股七姐妹的"悲欢"并不相通。英伟达、微软、Meta、亚马逊几家股价近日连续震荡的同时，谷歌稳步走强，更在当地时间周三（9月3日）跳空高开，收盘 涨幅超9%，股价刷新历史新高。 股价飙升背后，除了谷歌无需剥离Chrome和安卓业务的裁决落地之外，其AI芯片业务的价值，开始得到市场更广泛的认可。 当地时间9月3日，D.A. Davidson分析师Gil Luria在最新报告中指出，过去一年以来谷歌母公司Alphabet大幅缩小与英伟达的差距，如今已成为"最好的英伟 达替代方案"。 谷歌TPU ...

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **Chinese semiconductor industry**, particularly the development of **domestic AI GPUs** and the localization efforts in semiconductor manufacturing. Core Insights and Arguments 1. **Driving Factors for Domestic GPU Shipments**: - Four key factors are identified as driving the growth of China's domestic GPU shipments: - SMIC's 7nm process capacity and yield [1] - Chinese CSPs' AI chip sourcing strategies [1] - Nvidia's B40 chip performance and pricing [1] - Expansion of China's AI capital expenditures [1] - Morgan Stanley has an **Overweight (OW)** rating on TSMC and an **Equal Weight (EW)** rating on SMIC, indicating a positive outlook on these foundries [1] 2. **DeepSeek's New Model**: - The new V3.1 model of **DeepSeek** supports next-generation local AI chips, utilizing a new precision parameter, **UE8M0 FP8**, which enhances compatibility with various Chinese-made chips [2][3] - CAICT has released a list of local AI chips compatible with DeepSeek, including products from **Huawei, Cambricon, Kunlun, Hygon, and MetaX** [2] 3. **Alibaba's AI Chip Development**: - **Alibaba** has developed a new AI chip manufactured by a Chinese foundry, aiming for broader AI inference tasks, contrasting with previous chips made by TSMC [4] - Major municipalities in China, such as **Shanghai**, are targeting 70% domestic design or production of data center chips by 2027 [4] 4. **Self-Sufficiency in Semiconductors**: - China's semiconductor self-sufficiency ratio is projected to rise from **24% in 2024** to **30% by 2027**, driven by advancements in local chip production and demand stability [34][36] - Significant improvements in production capabilities for **CPUs and GPUs** are noted, particularly with Huawei's Ascend chips [37] 5. **Market Trends and Performance**: - **Cambricon** has announced a full-year sales guidance of **Rmb5-7 billion**, which is below market expectations [9] - **Dosilicon** experienced a stock suspension due to volatility, with a notable increase of **216%** since the announcement of its G100 series GPU [9] - Smaller Chinese AI developers still prefer Nvidia's H20 over local GPUs for training due to better software support [9] Additional Important Insights - **China's Semiconductor Equipment Imports**: - In July 2025, China's semiconductor equipment imports reached **US$3.4 billion**, marking a **14% year-over-year increase** [15] - The growth in imports is expected to continue, with a forecasted improvement in equipment spending in the second half of 2025 [15] - **Performance of Key Stocks**: - Notable outperformers include **Espressif (+34.1%)**, **GigaDevice (+32.2%)**, and **Hua Hong (+27.0%)**, while underperformers include **ACMR (-10.9%)** and **ASMPT (+1.7%)** [22][23] - **Future Events**: - Upcoming semiconductor exhibitions in China are scheduled for September 2025, which may serve as platforms for showcasing advancements in the industry [33] This summary encapsulates the critical points discussed in the conference call, highlighting the advancements and challenges within the Chinese semiconductor industry, particularly in the context of AI chip development and localization efforts.

格隆汇9月4日｜英伟达总裁兼首席执行官黄仁勋向美国证券交易委员会报告了一系列内幕股票交易。英 伟达股价过去一个月下跌1.8%。 ...

Core Insights - The AI server manufacturing industry is experiencing significant revenue growth but facing shrinking profit margins due to high costs of NVIDIA chips and intense market competition [1][4][6] - Major companies like HPE, Dell, and Supermicro are reporting a troubling trend of "increased revenue without increased profit" [4][6] Group 1: Company Performance - HPE reported a Q3 revenue increase of 18% to $9.14 billion, with earnings per share of $0.44, but its server division's operating margin fell from 10.8% to 6.4% year-over-year [1][4] - Supermicro's revenue surged by 46.59% year-over-year in Q4 2025, yet its gross margin declined to 9.7% [4][5] - Dell's gross margin decreased from 22% to 18.7% year-over-year in Q2 2026, attributed to pricing pressures in the AI server market [4][5] Group 2: Market Dynamics - The AI server market is characterized by a significant reliance on NVIDIA's high-performance GPU chips, which dominate the cost structure and limit OEMs' pricing power [3][6] - NVIDIA holds a commanding 98% market share in the data center GPU market, allowing it to maintain a non-GAAP gross margin of 72.7%, vastly outperforming server manufacturers [4][5] Group 3: Structural Challenges - High component costs, particularly for NVIDIA GPUs, are a primary factor pressuring server manufacturers' profits, with reports indicating a loss of $1 for every $7.9 in AI hardware revenue [6] - Intense competition among server manufacturers has led to aggressive pricing strategies, further eroding already thin profit margins [6] - Complex supply chain management and additional logistics costs to meet urgent AI component delivery demands are increasing operational costs for manufacturers [6]

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Crane America.Other people make friends. I'm just trying to help you make some money. My job is not just to entertain, but to do some serious explaining here.So, call me 1 800743 CNBC or tweet me at Jim Kramer. It's starting up again. You know the litany.The market's too concentrated. Gain just in a handful of stocks. The whole thing's a house of a card.So, sell. >> That was the story yesterday and we heard it again this very morning. Even as the averages op ...

Core Viewpoint - Qualcomm Inc. has shown recent outperformance compared to NVIDIA, despite a history of underperformance and missed opportunities, indicating a potential shift in investor sentiment and market dynamics [1][2][5]. Performance Analysis - Qualcomm shares have gained approximately 8% since early August, while NVIDIA has declined by about 5% during the same period, marking a notable shift in performance [2][3]. - The stock has experienced bullish momentum, with shares rising more than 10% since early August, and buyers have consistently stepped in during market dips [3][4]. Valuation and Analyst Sentiment - Analysts from Mizuho and Rosenblatt have reiterated their Buy ratings, emphasizing Qualcomm's growth prospects and valuation discount, suggesting the stock trades as if it is in distress despite healthy fundamentals [6][8]. - Arete Research upgraded Qualcomm's rating from Hold to Strong Buy, setting a price target of $200, indicating a potential upside of about 25% from recent closing prices [7]. Strategic Diversification - Qualcomm is diversifying its revenue streams beyond handsets, with significant growth in the Automotive sector and demand for its Advanced Driver Assistance Systems (ADAS) and in-car compute platforms [9][10]. - The company's industrial and IoT businesses are also scaling steadily, with management expressing confidence in the progress and future contributions of these segments [10]. Market Outlook - Qualcomm's immediate challenge is to maintain its recent performance and consolidate above $160, which could pave the way for further gains [12]. - The overall semiconductor market's health, particularly NVIDIA's performance, will be crucial in determining Qualcomm's ability to sustain its outperformance [12][13].