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Nvidia (NVDA) Boosts H20 Chip Orders to Meet Soaring Chinese Demand
NVIDIA Corporation (NASDAQ:NVDA) is one of the . On July 29, Reuters reported that Nvidia has placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week driven by Chinese demand. The increased demand has led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration recently reversed its ban on exporting H20 chips to China. Nvidia had developed the H20 particularly for the Chinese market after U.S. imposed export restrictions on its other AI chipsets. The H20 has less computing power as Nvidia's H100 or its new Blackwell series sold in markets outside China. A busy Wall Street trader typing orders into a financial terminal. Sources reveal that the new orders would add to the current 600,000 to 700,000 H20 chips that Nvidia has currently. According to U.S. research firm SemiAnalysis, Nvidia sold 1 million H20 chips in 2024. While Nvidia still needs to obtain export licenses from the U.S. government to ship said H20 chips, it has been assured by authorities that it would get them soon. NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Must-Watch AI Stocks on Wall Street and Disclosure: None. 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
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Apple's (AAPL) AI Strategy Falls Short, Says Barclays—Is the Stock Still a Must-Watch?
Apple Inc. (NASDAQ:AAPL) is one of the . On July 29, Barclays said it remains cautious on Apple, maintaining its 'Underweight' rating. The analyst highlighted factors such as limited traction on artificial intelligence and risks around tariffs, China, and regulation. The firm said that it anticipates 'a slight June-Q beat led by better FX, iPhone and Mac upside,' helped by tariff-related pull-in. It isn't very optimistic on the stock due to a lack of progress. 'We still see no major progress on AI for AAPL.' Particularly discussing Apple's innovations at the annual developer conference, the firm said that the conference 'underwhelmed with the AI feature announcements, viewing them as more evolutionary than revolutionary.' It further added that 'The reception of Apple Intelligence has also been disappointing.' The firm believes Apple's long-term AI strategy remains muddy and that its light weight approach to AI may or may not be enough to drive an upgrade cycle or growth. Barclays also talked about tariffs, stating that '2H GM remains a wildcard with lack of clarity on tariffs and mitigation efforts.' Apple is a technology company known for its consumer electronics, software, and services. While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Must-Watch AI Stocks on Wall Street and Disclosure: None. 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
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Here's How Much Traders Expect Apple Stock To Move After Earnings Today
Apple (AAPL) is scheduled to report quarterly earnings after the closing bell today, with traders anticipating a sizable move from the iPhone maker's stock. Current options pricing suggests traders are expecting the shares could move 4% in either direction by the end of Friday's trading session from their recent level at $209. A move of that scale could lift the stock above $217, its highest level since shares plunged following President Donald Trump's "Liberation Day " tariffs announcement back in April. At the the low end, that could bring shares down to $200, where they were roughly a month ago. The stock has lost 17% of its value in 2025 so far. Apple stock has registered an average post-earnings move of 2% over the past four quarters, falling in each of those instances. In May, shares fell 4% the day following the company's earnings, after Tim Cook told analysts tariffs could cost Apple $900 million in its fiscal third quarter. Last week, Morgan Stanley analysts cautioned that the Trump administration could soon subject Apple to Section 232 tariffs, which are tied to national security concerns and have held up better in court than country-specific duties. The iPhone maker is widely expected to post rising quarterly sales and profits. Ahead of the results, nine brokers tracked by Visible Alpha have "buy" or equivalent ratings for the stock, compared to one "hold" and one "sell" rating. Their average price target around $235 represents a roughly 12% premium over Wednesday's closing price. Analysts will also be watching for any progress on—or increased investment in—Apple Intelligence, which has been dogged by Siri delays and a lack of availability in China. Read the original article on Investopedia
