
Nvidia's Billionaire Ranks Expand to Include CFO, Sales Chief
Chief Financial Officer Colette Kress and Jay Puri, who oversees sales and marketing, each now have net worths exceeding $1 billion, according to the Bloomberg Billionaires Index, which is valuing their wealth for the first time. The bulk of both their fortunes is tied up in Nvidia stock, which hit a new high Monday and earlier this month became the world's first $4 trillion company.

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Yahoo
16 minutes ago
- Yahoo
China cites ‘backdoor safety risk' in Nvidia's H20 AI chip; company denies allegation
Chinese authorities have summoned U.S. chip giant Nvidia Corp. over alleged security vulnerabilities in its H20 processor, a move that could complicate the company's efforts to re-enter the Chinese market just as Washington and Beijing struggle to make progress on a renewed trade truce. The Cyberspace Administration of China (CAC) called Nvidia representatives to a meeting to discuss 'serious security risks' tied to its H20 AI chip, Bloomberg reported, citing a statement from the internet watchdog. The agency pointed to comments from U.S. lawmakers advocating for tracking capabilities in advanced chips sold overseas, and asked Nvidia staff to explain potential vulnerabilities and provide supporting documentation. The probe casts a shadow over Nvidia's China business weeks after co-founder and CEO Jensen Huang visited Beijing and met with local AI firms and officials. While the company has denied any wrongdoing, saying its chips do not contain so-called 'backdoors', the timing of the investigation has raised eyebrows in the tech and policy communities. Security doubts cloud comeback 'The CAC's scrutiny over H20 security risks could further erode Nvidia's Chinese market share amid rising domestic competition, and immediate H20 sales resumption may face delays due to regulatory uncertainty,' Forrester analyst Charlie Dai told Bloomberg. 'It also aligns with China's broader push to accelerate domestic semiconductor alternatives for technological self-reliance amid U.S. export controls.' The H20 chip was designed specifically to comply with U.S. export restrictions on advanced semiconductors. Washington recently lifted some of those curbs, reportedly in return for increased access to Chinese rare earth minerals, just as trade talks in Stockholm aimed to extend a temporary tariff truce. While those negotiations were described as 'constructive,' no concrete resolution emerged. U.S. Commerce Secretary Howard Lutnick had framed the resumption of H20 sales as a breakthrough following earlier discussions in London, a claim that now appears increasingly uncertain. Domestic rivals gain ground The CAC's move also boosts local competitors. Huawei's Ascend 910C chip is now seen as a viable domestic alternative to the H20, particularly for inference workloads. According to Bloomberg, Huawei Technologies Co. now spearheads a nationwide effort to develop homegrown technologies to reduce China's reliance on American hardware and circuitry, and catch the U.S. in potentially game-changing technologies. Nvidia, meanwhile, reiterated in a statement that 'cybersecurity is critically important to us' and denied any claims of remote access or tracking features. 'Nvidia does not have 'backdoors' in our chips that would give anyone a remote way to access or control them,' the company said. As both countries tiptoe through fragile trade negotiations and navigate semiconductor nationalism, Nvidia's experience could signal deeper fault lines in tech diplomacy. While the H20 was initially hailed as a compromise chip to satisfy both regulators and customers, its future now hinges on a political equation that continues to shift. Solve the daily Crossword


Business Insider
3 hours ago
- Business Insider
‘Don't Jump the Gun,' Says Investor About Nvidia Stock
Nvidia (NASDAQ:NVDA) stock has attracted plenty of positive coverage over the past few years – and for good reason. Behind the headlines is a company that consistently exceeds revenue expectations while maintaining strong profit margins, reinforcing investor confidence quarter after quarter. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Even regulatory roadblocks proved short-lived, as the Trump administration recently greenlit the company's ability to market its H20 chips to China, reversing a previous ban and effectively clearing a key overhang for investors. Meanwhile, broader concerns about a slowdown in AI infrastructure spending have also faded. The hyperscalers – those driving the AI boom – have now locked in their 2025 capex plans. Notably, Alphabet took things a step further, bumping its projection by a hefty $10 billion to a whopping $85 billion. That kind of spending speaks volumes about the demand tailwinds Nvidia still enjoys. With these tailwinds in place, it's tempting to see this as a no-brainer investment case. But not everyone is on board. One voice of caution is 5-star investor A.J. Button, who isn't quite ready to join the parade. 'Without being forced, I choose not to get involved in Nvidia stock,' Button says. The investor is not dismissing Nvidia's progress. In fact, he acknowledges the company could continue its explosive 50% CAGR pace, making its 2027 Forward P/E of 25x look downright reasonable. And yes, the macro setup – with rising capex and relaxed export rules – certainly supports continued growth. But Button is more focused on what lies ahead, zeroing in on a key concern: rising competition. AMD is gaining traction, Alphabet is building out in-house chips, and Huawei's offerings have been potent enough to force Nvidia to slash prices in China. Still, Button isn't outright bearish. He credits Nvidia's massive patent portfolio, entrenched software ecosystem, and the steep switching costs that act as barriers for would-be rivals. Yet, despite those competitive moats, Button remains cautious. 'The bottom line on Nvidia is that it has run up a lot, and is expensive by some metrics, but it's still not a short,' Button sums up, assigning NVDA a Hold (i.e. Neutral) rating. (To watch Button's track record, click here) Turning to Wall Street, however, the broader sentiment remains bullish. Of the 38 analysts tracked, 34 rate NVDA a Buy, translating to a Strong Buy consensus. The average price target stands at $185.79, suggesting ~7% from current levels. Not exactly something to write home about – yet history suggests that when it comes to NVDA, analyst targets often trend higher as momentum builds. (See NVDA stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
6 hours ago
- Yahoo
If You'd Invested $3,000 in Nvidia (NVDA) Stock 20 Years Ago, Here's How Much You'd Have Today
Key Points The answer may make you want to kick yourself. Hindsight is 20-20, and few back then expected Nvidia to grow so quickly. You still may do well investing in the company now. 10 stocks we like better than Nvidia › Here's a question and answer that might make you kick yourself: If you'd invested $3,000 in shares of Nvidia (NASDAQ: NVDA) 20 years ago, what would it be worth today? The answer: $2.3 million. (It would be even better if you had reinvested your dividends in more shares of Nvidia along the way. Your stake would be worth around $2.5 million.) That's an average annual gain of 39.5%! The S&P 500 averaged a solid 9.22% in the same period. Don't be too hard on yourself if you missed the monster growth, though. Ask 100 people, and you may not find one who invested in Nvidia back in 2005 and held on. Holding on to great companies for many years, if not decades, is one of the best ways to build wealth, but it's easier said than done. For one thing, it's not always clear which companies will become long-term winners, and even some extremely promising companies fall on hard times occasionally, with their stock sinking. It can be hard psychologically to not sell shares `at those times. For a long time, Nvidia was a semiconductor company specializing in chips for gaming. It was very successful at that, but its explosive growth in recent years is largely due to its dominance in chips for data centers, which are in high demand due to artificial intelligence (AI) computing activities. Too late to buy? While it's too late to buy shares of Nvidia in 2005, it's not too late to buy shares in 2025, and they don't look terribly overvalued at recent levels, either -- despite the stock hitting an all-time high. Nvidia's recent forward price-to-earnings ratio (P/E) of 38 is roughly on par with its five-year average of 39. In its last quarter, Nvidia's revenue popped by 69%, with double-digit gains expected in the quarters to come. If you expect the use of AI to increase in the near future along with more demand for data centers and the chips on which they run, take a closer look at Nvidia. Do the experts think Nvidia is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Nvidia make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,036% vs. just 181% for the S&P — that is beating the market by 855.09%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Selena Maranjian has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. If You'd Invested $3,000 in Nvidia (NVDA) Stock 20 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool