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Graphjet's new machinery and laboratory completed, company is now hopeful to secure more collaborations and offtake agreements from its customers
Globenewswire· 2025-08-20 12:30
New York, United States, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or “the Company”) has completed the testing and commissioning of its new machinery and equipment. This has increased the Company’s production capacity by 7 times and with the enhanced functions of the new machinery and equipment, the Company is now also able to produce types of graphite and graphene for other industries, including the semiconductor industry. With this, the Company is now hopeful for more collaboration ...
X @Bloomberg
Bloomberg· 2025-08-15 09:59
China is urging firms to avoid Nvidia’s H20 chips even after President Donald Trump reversed an effective US ban on such sales.So how does China’s own AI chips compare and are those viable alternatives? @EdLudlow explains https://t.co/qbH88MCQxQ https://t.co/XQBZp9XVZD ...
X @Bloomberg
Bloomberg· 2025-08-14 10:00
Geopolitical Strategy - The White House aims to leverage Nvidia to counter President Xi Jinping's global ambitions [1] - The US government previously attempted to restrict Nvidia's AI chip sales to China [1] Company Significance - Nvidia is considered key to thwarting China's global ambitions [1] - Nvidia is recognized as the world's most valuable company [1]
X @外汇交易员
外汇交易员· 2025-08-13 02:10
路透:中国政府已约谈多家国内企业,其中包括腾信和字节跳动,要求解释其采购英伟达H20芯片的原因,并对信息风险表达了担忧。消息人士称,最近几周网信办协同其他机构也与百度以及几家规模相对较小的中国科技企业召开了会议。🗒️另外The Information也报道称,字节跳动、阿里巴巴和腾讯在过去两周接到了网信办的指令,以数据安全为由,要求全面暂停采购英伟达芯片。外汇交易员 (@myfxtrader):#突发 彭博:中国已敦促当地企业避免使用英伟达公司的H20处理器,特别是用于与政府相关的目的。一名知情人士称,AMD的AI芯片也受影响。知情人士透露,部分企业所收到的信件列出了一系列问题,其中包括,企业为何选择英伟达H20芯片而非国产芯片?考虑到国内市场有众多选择,这是否是必要的选择? https://t.co/vVCWZIZuCl ...
Nvidia, AMD may sell high-end AI chips to China if they pay US a cut
TechCrunch· 2025-08-11 13:09
Core Viewpoint - The narrative surrounding the AI chip race has shifted from U.S. national security concerns to tariff implications, as Nvidia and AMD agree to pay 15% of their revenue from high-end AI chip sales to China in exchange for sales licenses [1][2]. Group 1: Company Agreements and Revenue Sharing - Nvidia will share revenues from its H20 AI chip sales in China, while AMD will share a portion of its MI308 chip sales [2]. - The U.S. government has begun issuing licenses for the sale of these chips by Nvidia and AMD [2]. Group 2: Historical Context and Policy Changes - The Trump administration initially restricted sales of certain high-performance AI inference chips to China in April but paused the ban after Nvidia committed to $500 billion in domestic data center investments [3]. - Nvidia announced in July that it would resume sales of its H20 AI chips to China, which were specifically designed for that market following earlier restrictions by the Biden administration [3]. Group 3: Trade Discussions and Criticism - Nvidia's decision to change its sales strategy is linked to trade discussions with China regarding rare-earth elements, essential for manufacturing components like electric vehicle batteries [4]. - The approval of Nvidia's H20 chip sales has faced criticism from national security experts and former officials, who have urged the government to reconsider its stance [4].
Nvidia, AMD to give U.S. government 15% of revenue from two AI chips exported to China: Report
CNBC Television· 2025-08-11 11:18
story though, because I'm still working through it. Today's top corporate story. Reports say Nvidia and AMD have agreed to give the US government 15% of the revenue that they generate from exporting AI chips to China.In return, the companies will receive export licenses to sell chips in China. The news followed follows a report that meeting between Nvidia CEO Jensen Huang and President Trump at the white House last week, 15% of Nvidia's revenue from selling H20 chips to China could amount to billions of dol ...
Nvidia And AMD Slip In Premarket As Reports Say U.S. Will Take 15% Cut Of China AI Chip Sales
Forbes· 2025-08-11 09:30
Core Viewpoint - Nvidia and AMD have agreed to pay 15% of their revenue from AI chip sales to China to the U.S. government as part of a deal to secure export licenses, leading to a decline in their stock prices [1][2][3] Group 1: Company Agreements - Nvidia will pay 15% of the revenue generated from H20 AI chip sales to China, which is a modified version of its H100 chip to comply with export regulations [1] - AMD has also agreed to a similar 15% cut on sales of its MI308 chip designed for the Chinese market [2] Group 2: Financial Implications - The U.S. government could potentially earn $2.25 billion from Nvidia based on projected sales, with Nvidia estimating $15 billion in revenue from H20 chip sales to China [3] - AMD reported an $800 million write-off due to export restrictions on its MI308 chips, suggesting that the U.S. government could earn an additional $120 million from AMD if sales projections are accurate [3] Group 3: Market Reaction - In premarket trading, Nvidia's shares fell by 1.16% to $180.61, while AMD's shares decreased by 2.3% to $168.79 following the news [3]
固定收益部市场日报-20250801
Zhao Yin Guo Ji· 2025-08-01 07:23
Report Industry Investment Rating - Not provided in the given content Core Viewpoints - LGFVs continued to consolidate, and investors turned to USD issues for higher absolute yields as lower-yielding CNH issues lacked catalysts to tighten further [2] - China's PMI indicates waning economic momentum, and the policy easing window may not open until Q4 2025. China may have stronger motivation to advance economic rebalancing after a potential trade deal with the US [3][11] - Moody's changed the rating outlook of SK Hynix to positive from stable and affirmed its Baa2 rating, and SK Hynix is favored for its strong global market position and solid operating cash flow [7][9] Summary by Relevant Catalogs Trading Desk Comments - VNKRLE obtained up to RMB869mn loans from SZ Metro, and YLLGSP further bought back YLLGSP 5 1/8 05/20/26. VNKRLE 27 - 29 were 0.4 - 0.5pts lower, and YLLGSP 26 was 0.1pt higher [1] - In China IG, MEITUA/WB/XIAOMI 30s ended with 1 bp tighter to 1bp wider. New CB 3 - tranche CNH issues dropped 0.2 - 0.375pts from RO, and there was better buying on the 30yr papers [1] - In HK, HYSAN/NANFUN were unchanged to 0.5pt higher, whilst MTRC perps remained unchanged [1] - For TW lifers, CATLIF 34/39 were 1bp tighter to 2bps wider amid PB selling, NSINTW was unchanged, and SHIKON widened 1bp amid two - way flows [1] - For Thailand banks, BBLTB sub curve tightened 2 - 4bps and KBANK tightened 2bps [1] - In KR, DAESEC 26/29 widened 1bp and NHSECS 28 - 30 was 2bps tighter to 1bp wider. LGENSO curve retraced 2 - 4bps while HYNMTR/HYUELE tightened 1 - 4bps amid PB/AM buying [1] - FRN space is in good demand across Asia and EU bank papers. Investors in the region remained better buyers of Japanese and Yankee AT1s while there were selling flows from London [1] Morning Market Update - The new UBS 6.6 Perp was unchanged from RO at par, the new UBS 7 Perp was 0.1pt higher from RO at par. HAOHUA widened 1 - 2bps. DAESEC tightened 1 - 2bps. STANLN/MIZUHO/SUMIBK FRNs tightened 1 - 2bps. ANZ/CBAAU T2 widened 1 - 2bps [3] Macro News Recap - S&P (-0.37%), Dow (-0.74%) and Nasdaq (-0.03%) were lower on Thursday. US latest initial jobless claims was +218k, lower than the market expectation of +222k. US Jun'25 Core PCE price index was +2.8% yoy, higher than the market expectation of +2.7%. UST yield was largely unchanged on Thursday, 2/5/10/30 yield at 3.94%/3.96%/4.37%/4.89% [6] Desk Analyst Comments - Moody's changed the rating outlook of SK Hynix to positive from stable and affirmed its Baa2 rating, expecting its adjusted EBITDA to increase and adjusted debt/EBITDA to improve in FY25 - 26 [7] - SK Hynix overtook Samsung to become the world's leading memory chipmaker by revenue in Q2 2025, driven by higher demand for AI chips [8] China Economy Analysis - Manufacturing PMI further contracted with fading export front - loading. New order and export order indexes dropped, production moderated, and deflation pressure eased [11][12] - Non - manufacturing PMI softened as both service and construction activities moderated. Service PMI edged down, and construction PMI dipped [11][13] Offshore Asia New Issues - Offshore Asia New Issues (Priced): Chengdu & Europe Industrial Zone issued 156 USD mn in 3 - year bonds with a 6.95% coupon and unrated [17] - Offshore Asia New Issues (Pipeline): No new issues pipeline today [18] News and Market Color - There were 66 credit bonds issued onshore yesterday with an amount of RMB35bn. Month - to - date, 2,097 credit bonds were issued with a total amount of RMB2,143bn raised, representing a 12.7% yoy increase [19] - China new home sales fell 24% yoy in Jul'25 as stimulus impact faded [19] - Various company financial results and events were reported, such as Adani Enterprises' 1QFY26 EBITDA fall, MGM China's 2Q25 net revenue rise, etc. [19]
This Nvidia competitor just received a Wall Street price increase
Finbold· 2025-07-29 11:03
Core Viewpoint - Advanced Micro Devices (AMD) has received a positive endorsement from BofA Securities, maintaining a 'Buy' rating and raising its price target from $175 to $200, indicating a potential increase of about 15% from its last closing price of $173 [1][4]. Group 1: Price Target and Stock Performance - The new price target of $200 represents a 15% increase from AMD's last closing price of $173 [1]. - AMD's stock has rallied 11% over the past week and ended the previous session up over 4% [1]. Group 2: Earnings Expectations and Revenue Projections - BofA expects AMD to exceed consensus in both Q2 and Q3 earnings, forecasting revenues of $7.5 billion and $8.5 billion, respectively [7]. - For the full year 2025, BofA projects AMD's revenue to reach $33 billion and earnings per share of $4.10, both surpassing current Wall Street estimates [7]. Group 3: Market Opportunities and Drivers - Potential resumption of AI chip shipments to China in the second half of the year could contribute up to $1 billion in sales in 2025 and as much as $2 billion by 2026 [4]. - AMD is benefiting from stronger-than-expected pricing for its MI355X chips, with units selling for over $20,000, exceeding the consensus estimate of $17,000 [5]. - Strong demand for cloud-related GPUs, improving year-over-year comparisons in the PC segment, and steady enterprise interest from companies like Hewlett Packard Enterprise and Texas Instruments are also positive drivers [5]. Group 4: Market Share Projections - AMD is projected to capture more than 30% of the global CPU market by 2026, up from just under 20% in 2023 [8]. - Its share of the competitive AI GPU space could grow to 4% to 5%, supported by strategic shifts and manufacturing uncertainties at Intel [8]. Group 5: Analyst Ratings - Wall Street remains bullish on AMD stock, with Goldman Sachs reiterating a 'Buy' rating with a $140 target, while HSBC upgraded AMD to 'Buy' with a $200 target [8][9]. - Citi maintained a 'Hold' but raised its target from $120 to $145, indicating improved expectations [9].