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Yahoo
26 minutes ago
- Yahoo
Why Nvidia's China Comeback Could Propel Its Stock To New Heights
Needham analyst N. Quinn Bolton maintained a Buy rating on Nvidia (NASDAQ:NVDA) and raised the price forecast from $160 to $200 on Wednesday. Nvidia is preparing to resume shipments of its H20 GPUs to China after the U.S. government approved export license filings, according to CEO Jensen Huang, Bolton noted. The green light comes after April's export controls blocked $2.5 billion in H20 shipments during fiscal first-quarter 2026 and halted another $8 billion in scheduled deliveries for fiscal second-quarter 2026, the analyst had already generated $4.6 billion in H20 revenue before the license requirement took effect and recorded a $4.5 billion charge for H20 inventory and purchase obligations in first-quarter, he told. Bolton responded by sharply raising his financial forecasts. He now conservatively projects $3 billion in H20 shipments per quarter over the coming quarters and estimates that previously written-down H20 inventory could generate nearly 100% gross margin when sold. Bolton also sees additional upside from Nvidia's expected launch of Blackwell GPU variants tailored for the Chinese market—B30 and B40/RTX 6000D—with performance estimated at ~75% of the H20. These variants, priced between $6,500 and $8,000 (versus $10,000–$12,000 for H20), are reportedly in high demand, with over $1 billion in orders already placed, he noted. Volume shipments could begin as early as August or September, he said. Reflecting these developments, Bolton increased his fiscal third-quarter and fourth-quarter 2026 revenue estimates by $4 billion each, fiscal 2027 revenue estimate to $265.0 billion and EPS to $6.20 (from $250.0 billion and $5.80), fiscal 2026 revenue to $202.6 billion and EPS to $4.42 (from $194.6 billion and $4.17). Bolton introduced fiscal 2028 estimates with $315.0 billion in revenue and EPS of $7.25, including $20 billion from China data center GPU sales Bolton noted Nvidia is well-positioned to recapture lost sales and gain further traction in China, even under export restrictions, thanks to rapid product adaptation and sustained demand from Chinese tech firms. NVDA Price Action: NVDA stock is trading lower by 0.40% to $170.02 at last check on Wednesday. Photo via Shutterstock Latest Ratings for NVDA Date Firm Action From To Mar 2022 Goldman Sachs Reinstates Neutral Feb 2022 Summit Insights Group Downgrades Buy Hold Feb 2022 Mizuho Maintains Buy View More Analyst Ratings for NVDA View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? NVIDIA (NVDA): Free Stock Analysis Report This article Why Nvidia's China Comeback Could Propel Its Stock To New Heights originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26 minutes ago
- Yahoo
Zuckerberg is pouring billions into plans for 'personal superintelligence'
Meta (META) CEO Mark Zuckerberg is plowing billions into his company's AI expansion efforts with the goal of developing so-called superintelligence, or AI that can surpass human capabilities. In a Threads post on Monday, Zuckerberg revealed plans to spend hundreds of billions of dollars building several massive AI data centers across the US, including one that will come online as soon as next year. Another data center, called Hyperion, will eventually scale up to support up to 5 gigawatts, or 5 billion watts, of capacity. A gigawatt of electricity can power roughly 800,000 homes. It's not just data centers, though. Zuckerberg is also splashing money on high-profile AI hires. In June, Meta invested $14.3 billion in Scale AI and hired its CEO Alexandr Wang. The company also hired former GitHub CEO Nat Friedman and Safe Superintelligence CEO Daniel Gross and poached Apple's head of AI foundation models, Ruoming Pang, according to Bloomberg. According to the Wall Street Journal, Meta also snagged OpenAI ( researchers Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai. All of this comes as Meta looks to capture the lead in the AI wars after the company was forced to put its Llama 4 Behemoth model on ice while it works to bring its functionality up to par with frontier models from the likes of OpenAI and Google. 'Mr. Zuckerberg believes it's very important to have one of the leading models,' D.A. Davidson head of technology research Gil Luria told Yahoo Finance. 'He's rebuilt the team so he has the talent to do it, and he's going to continue to invest in the compute capacity so he has the compute capacity to achieve it.' For Meta, it's a gamble the company can't afford to lose. A more personal superintelligence Meta's AI efforts differ significantly from those at OpenAI, Anthropic ( Perplexity ( xAI, and even Microsoft (MSFT) and Google (GOOG, GOOGL). Rather than using its technology to explore questions about the universe or power enterprise and cloud-based software services, Zuckerberg said the company is angling to make its AI platform a kind of 'personal superintelligence.' During an interview with The Information's TITV, Zuckerberg explained that Meta's personal superintelligence will solve simpler problems for users on a daily basis. 'Our mission with the lab is to deliver personal superintelligence to everyone in the world, so that way we can put that power in every individual's hand. It's a different thing than what the other labs are doing. This is going to be something that is the most important technology in our lives.' It's a vague statement, with no real solid examples of how personal superintelligence will impact our daily lives or how we'll use it more broadly. But Zuckerberg did offer that the technology will power Meta's recommendation engine, advertising capabilities for customers, and, importantly, the company's smart glasses software. 'I continue to think that that's going to be the best form factor for AI, because, you know, they can see what you see and hear what you hear, and you can talk to them throughout the day,' Zuckerberg said. Meta is banking on smart glasses as the next major piece of consumer hardware after the smartphone. The company is developing self-contained smart glasses that don't require a smartphone to power apps or other software. The move would allow Meta to break free of Apple's and Google's respective app stores, giving it more control over its products, a long-term goal of the social media giant. The spending is all part of the plan In order for Meta to get to that point, though, it needs to spend a lot of cash — something it's doing with aplomb. 'Overall, I think it just shows how in demand AI engineering talent is and how hard it is to secure and keep good talent,' Creative Strategies principal analyst Ben Jajarin told Yahoo Finance. 'The AI talent wars is a fierce battle, and honestly, it is hard to see this going away or slowing down anytime soon," he said. "Ultimately, other than money, I think it will be hard to keep talent as well. So it's possible we will see a lot of churn as well.' The spending on talent comes after as Meta looks to develop future cutting-edge AI models following its Llama 4 issues. 'Last year, when they introduced the Llama 3 model, they had one of the top frontier models at the time,' Luria said. 'However, by the time they got around to Llama 4 it was not successful, and it's not even one of the best models," he added. "And so Mr. Zuckerberg decided that it was essential for him to redouble his effort and remake the team leading the AI effort at Meta, which he has done in an unprecedentedly aggressive manner over the last few weeks.' Now Zuckerberg has to ensure all of that spending pays off and that his vision of a more personal superintelligence comes to fruition. Email Daniel Howley at dhowley@ Follow him on X/Twitter at @DanielHowley. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fast Company
28 minutes ago
- Fast Company
Welcome to the Anxiety Economy, where safety sells and streaming is optional
Americans are seriously worried about their finances. Between high costs of living, tariffs, and job instability, driven, in part, by AI, the added anxiety means that consumers' spending habits are shifting. And while they're aiming to spend less overall, the stress also seems to be driving purchases that make them feel safer in an economy (and world?) that feels uncertain. According to a newly released Life360 survey of 1,000 U.S. adults, heavy financial burdens are being felt by the majority of Americans. The survey found that a staggering 71% of Americans now feel economically vulnerable with 64% admitting their anxiety has increased since the start of 2025. Likewise, the top three words respondents chose to describe their emotions in 2025 were ones with negative connotations: stressful, nervous, and crazy. Americans are cutting back—but not when it comes to peace of mind Unsurprisingly, Americans are coping by spending less. 56% say they've cut back on dining or takeout, 47% have trimmed their online shopping habits, and 45% are vacationing less often. However, spending isn't down across the board. In fact, in one category, it's going up: safety and security (like emergency alert tools, home security, and digital protections). The category was the only one where respondents were investing more than they were cutting. 21% of respondents said they were investing more in these tools, with only 20% pulling back. 'In moments of elevated economic uncertainty, the premium on security increases: Investors seek safe assets, businesses prioritize safe investments, and families double down on peace of mind,' Life360 economist Aaron Terrazas said in a blog post on the report. But, interestingly, it's the younger generations who seem to be the most concerned with safety and security in modern times. While Gen X and Baby Boomers ranked health and wellness as their biggest priorities in terms of spending, Millennials and Gen Zers said safety and security were the most important. Fear, uncertainty, and financial strain Terrazas says those habits are likely shaped by the groups' 'formative economic experiences', and pointed to 'pandemic-era uncertainty' as hitting the younger generations especially hard. Terrazas told Fast Company, 'Just like their grandparents and great-grandparents who came of age during the Great Depression and World War II, Gen Z and Millennials came of age in a fractious moment in world history. For young Americans who entered adulthood during the years from 9/11 to the Great Recession to the Covid-19 Pandemic, it's natural that safety and security would rank high on their priorities, and those priorities are likely to remain top of mind as they move deeper into adulthood.' Therefore, it makes sense that while there are plenty of things Americans are scrapping, tools that make people feel safer are not one of them. In fact, 40% of parents said safety and emergency alert apps were 'non-negotiable,' which was the highest of all the categories. 55% of parents, and 43% of respondents overall, said they'd fight to keep safety and security subscriptions. Terrazas noted that the survey included 'a mix of safety and security tools, including Life360, Citizen, Ring, ADT+ — apps that offer everything from real-time location sharing to emergency alerts and home security' pressing that these kinds of tools 'help people feel safer, more in control, and more connected in an unpredictable world.' That means that, for many, even as shopping, dining, vacations, and even streaming services take a backseat, the feeling of safety and security is of greater concern than ever. 'As people are increasingly anxious, whether about their finances or physical safety, tools that provide 'peace of mind' are something people find indispensable,' Terrazas said.
