Market Movements - US stock index futures are all up ahead of the market opening, with Dow futures up 0.02%, S&P 500 futures up 0.18%, and Nasdaq futures up 0.22% [1] - European indices are down, with Germany's DAX down 0.54%, UK's FTSE 100 down 0.26%, France's CAC 40 down 0.15%, and the Euro Stoxx 50 down 0.16% [2][3] - WTI crude oil is up 0.54% at $63.64 per barrel, while Brent crude oil is up 0.34% at $67.67 per barrel [3][4] Economic Data - US retail sales for August are expected to show a month-on-month increase of 0.2%, with core retail sales (excluding autos and gas) expected to rise by 0.4%, indicating consumer spending may be a bright spot despite overall economic weakness [4] Company News - Oracle (ORCL.US) shares are up over 5% in pre-market trading as it is reported to be participating in a consortium to maintain TikTok's operations in the US [7] - Tesla (TSLA.US) is under investigation by the National Highway Traffic Safety Administration regarding potential issues with the electronic door handles of certain Model Y vehicles [8] - Nvidia's (NVDA.US) new RTX6000D chip for the Chinese market is facing low demand, with major companies showing little interest due to high pricing and perceived lack of value [8] - TSMC (TSM.US) has seen its market share in the semiconductor foundry market rise to 38% in Q2 2025, driven by strong AI demand and Chinese subsidies [9] - Google's (GOOGL.US) proposal to divest part of its advertising technology business has been rejected by the Justice Department, which is seeking a complete separation of its AdX platform [9] - Corteva (CTVA.US) is reportedly evaluating a potential split of its seed and pesticide businesses, but this move has raised concerns among Wall Street analysts [10] - Webtoon (WBTN.US) shares surged over 39% in pre-market trading after Disney (DIS.US) announced a partnership to develop a digital platform for classic comic content [10]

Core Viewpoint - Nvidia is developing a new AI chip, codenamed B30A, which is expected to outperform the H20 model and is based on the latest Blackwell architecture [2][3][4]. Group 1: Chip Development - The B30A chip will utilize a single-chip design, integrating all major components onto one silicon piece [8]. - It is reported that the original computing power of the B30A may be only half that of Nvidia's flagship B300 GPU, which uses a dual-chip configuration [6]. - The production speed of chips based on this architecture is expected to be 7 to 30 times faster than previous models [10]. Group 2: Market Expectations - Nvidia's stock price has increased by over 30% this year, reaching a historic market cap of $4 trillion [13]. - Analysts have raised Nvidia's stock price target, with one notable increase from $200 to $240, reflecting high expectations for revenue and earnings per share due to surging AI computing demand [14][15]. - The consensus estimate for Nvidia's Q2 revenue is $45.8 billion, with earnings per share projected at $1 [15]. Group 3: Additional Chip Developments - Besides the B30A, Nvidia is also working on a more affordable AI chip named RTX6000D, which is based on the Blackwell architecture but is designed for AI inference tasks [18][19]. - The RTX6000D will feature traditional GDDR memory with a memory bandwidth of 1398 GB per second and is set for small batch delivery to customers in September [20].

Core Viewpoint - Nvidia is developing a new AI chip, codenamed B30A, which is expected to outperform the H20 model [1][2]. Group 1: Chip Development - The new chip is based on the latest Blackwell architecture and will utilize a single-chip configuration [3]. - The original computing power of the B30A chip may be only half that of the dual-chip configuration of Nvidia's flagship Blackwell architecture B300 GPU [5]. - Nvidia plans to start delivering the chip for testing next month, although the specifications are not yet fully confirmed [6]. Group 2: Features and Production - The B30A chip will integrate all major components onto a single silicon chip, similar to the H20 in terms of high bandwidth memory and NVLink technology for fast data transfer between processors [7][8]. - The production speed of this architecture's chips is expected to be 7 to 30 times faster than previous models [9]. Group 3: Market Expectations and Financial Performance - Nvidia's stock has risen over 30% this year, reaching a historic market value of $4 trillion, despite facing some skepticism [13]. - Analysts have raised Nvidia's stock price target, with one analyst increasing it from $200 to $240, anticipating that revenue and earnings per share will exceed expectations due to surging AI computing demand [14][15]. - The market consensus expects Nvidia's Q2 revenue to be $45.8 billion, with earnings per share of $1 [15]. Group 4: Additional Chip Development - Besides the B30A, Nvidia is also developing a separate, cheaper AI chip named RTX6000D, which is based on the Blackwell architecture but is configured for AI inference tasks [17][18]. - The RTX6000D will use traditional GDDR memory with a bandwidth of 1398 GB per second and is set to deliver small batches to customers in September [19].

Core Viewpoint - Nvidia is developing a new AI chip for China based on its latest Blackwell architecture, which is expected to outperform the currently approved H20 model for sale in China [1][2]. Group 1: Chip Development and Specifications - The new chip, temporarily named B30A, will feature a single-chip design with original computing power potentially half that of Nvidia's flagship B300 accelerator card, which uses a more complex dual-chip configuration [1]. - The B30A will include high-bandwidth memory and Nvidia's NVLink technology for fast data transfer between processors, similar to the features found in the older Hopper architecture-based H20 chip [1]. - Nvidia is also preparing to launch a separate chip, referred to as RTX6000D, specifically for AI inference tasks in China, which will be priced lower than the H20 due to its weaker specifications and simpler manufacturing requirements [3][4]. Group 2: Market Context and Regulatory Environment - China contributed 13% to Nvidia's revenue in the last fiscal year, making access to advanced AI chips a significant issue amid US-China trade tensions [2]. - Nvidia received approval to resume sales of the H20 graphics card only in July 2023, after being ordered to halt sales in April due to export restrictions [2]. - Recent statements from US political figures indicate concerns that even scaled-down versions of flagship AI chips could hinder the US's efforts to maintain its leadership in AI technology [3]. Group 3: Competitive Landscape - Despite concerns, Nvidia believes it is crucial to maintain Chinese developers' interest in its chips to prevent them from fully switching to competitors like Huawei, which has made significant advancements in chip development [3]. - Huawei's latest models reportedly match Nvidia in certain computing capabilities, but analysts note that Huawei lags in software ecosystem support and memory bandwidth [3]. - Chinese state media has raised security concerns regarding Nvidia's chips, complicating the company's efforts to retain market share in China [3].