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NVIDIA CEO Jensen Huang leads world's first $4 trillion company

NVIDIA CEO Jensen Huang leads world's first $4 trillion company

USA Today21 hours ago
NVIDIA CEO Jensen Huang leads world's first $4 trillion company
NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an 'Investing in America' event in Washington, D.C., U.S., April 30, 2025. Leah Millis, REUTERS
Nvidia founder and CEO Jensen Huang on Friday, July 11, 2025 in Nvidia offices in Washington, D.C. Jack Gruber, USA TODAY
A screen displays news on "Nvidia hits $4T market cap" on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 9, 2025. Jeenah Moon, REUTERS
Jensen Huang, CEO of Nvidia, is seen on stage next to a small robot during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes, REUTERS
British Prime Minister Keir Starmer shakes hands with Jensen Huang, CEO of Nvidia, after a panel discussion at London Tech Week, in London, Britain, June 9, 2025. Carl Court, Via REUTERS
Jensen Huang, CEO of Nvidia, gestures as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes, REUTERS
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Nvidia CEO dismisses Trump tariff concerns: ‘We'll work through it'
Nvidia CEO dismisses Trump tariff concerns: ‘We'll work through it'

The Hill

time33 minutes ago

  • The Hill

Nvidia CEO dismisses Trump tariff concerns: ‘We'll work through it'

Nvidia CEO Jensen Huang dismissed concerns over President Trump's tariff agenda, saying the California-based company will 'work through it' and emphasized that the U.S. needs to bolster its production of chips. 'Nobody likes disruptions and no one likes abrupt changes, but these settlements will — President Trump will settle these deals and countries will reorganize and resettle, and we'll work through it,' Huang said in an interview with USA Today published on Friday. Trump has reshuffled U.S. trade policy since returning to the White House, and he has recently notified countries about the tariff rates some will face at the start of next month. The president has alerted nations about the 'reciprocal' rate that will come into effect on Aug. 1, and some of warned of countermeasures and called for further negotiations. 'Every single year there were rules and taxes and tariffs and policies and regulations, and we survived. I have every confidence that the world is going to survive this, companies will survive this and whatever it turns out to be, we'll make the best of it,' Huang said. This week, Nvidia became the first public-traded company to hit a market capitalization above $4 trillion. Huang met with Trump at the White House the same day. The two have had five meetings since the president took office on Jan. 20, USA Today reported. Huang said on Friday that the U.S. has to manufacture more semiconductors, arguing the push will yield benefits across various sectors. 'Absolutely. I believe President Trump's vision, his bold vision to manufacture in the United States, it's great for our industries, it's great for our society,' the Nvidia head said to USA TODAY. 'We've lost a lot of manufacturing capability and skills, which is really great for skilled craft and people that work with their hands and build things,' he added. 'We want to celebrate that. We want to bring that back to the United States. It's very important to national security, industrial security, supply chain resilience.' His remarks come as a bipartisan duo, Sens. Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.), sent a letter to Huang this week, asking him to reconsider an upcoming visit to China over national security concerns.

Bank of America drops shocking call on Super Micro stock
Bank of America drops shocking call on Super Micro stock

Yahoo

time2 hours ago

  • Yahoo

Bank of America drops shocking call on Super Micro stock

Bank of America drops shocking call on Super Micro stock originally appeared on TheStreet. Few stocks have captured the AI server boom like Super Micro Computer () . Skyrocketing this year, Super Micro's become a go-to for investors betting on liquid-cooled racks and next-gen AI data centers. 💵💰💰💵 Its fundamentals are excellent, as the orders keep piling up, with the stock crushing broader markets. However, a surprise twist could test just how bulletproof that rally really is. A fresh take on Super Micro's future just dropped, and it could leave its most die-hard fans bracing for a shock they didn't see coming. Super Micro flipped the script, sprinting to the front of the AI server race and catching its rivals off guard. A glimpse of that can be seen from its incredible top-line expansion, with AMD currently posting over 82% year-over-year growth in sales. AMD's secrets have been complete AI 'factories' layered with Nvidia's Blackwell GPUs and AMD's EPYC chips. Earlier, it used to sell just custom chassis, but now it bundles everything from switching boards and dense GPU racks to advanced essentially everything big cloud providers and enterprise customers need to train huge AI models. Arguably, the star of the show this year has been the 4U RTX PRO server. It packs eight Nvidia Blackwell RTX 6000 cards and next-gen PCIe Gen 6 networking to move 800 Gbps of data through a single chassis. Early performance tests have shown it efficiently matches larger, pricier setups. Those margins are likely to be critical going forward. Gross margins dropped from 18% in 2023 to under 10% expected later this decade. Still, Super Micro keeps underpricing bigger rivals without sacrificing performance. Corporate governance hasn't been smooth sailing, either. Delayed audits and a Justice Department probe forced the business to tighten controls and bring in a new auditor. On top of that, its supply chain moves have also been mighty ambitious. More Tech Stock News: Tesla's next bet could flip the robotaxi race Cathie Wood shells out $13.9 million for one high-stakes biotech stock Apple's quiet shake-up could redefine its future Nevertheless, a $20 billion deal with DataVolt should boost hyperscale capacity, and a new plant in the Netherlands could help dodge chip shortages and tariffs. There are a ton of challenges for it to contend with, though. Dell and HPE are pushing their own AI server stacks, pressurizing Super Micro to cut prices even more. Any delays in scaling its European plant or new export curbs on GPUs could crimp growth fast. Hence, despite the transformation from a boutique parts maker to a serious AI hardware architect, Super Micro needs to continue executing impeccably to stay ahead. Super Micro Computer has emerged as a big winner on the stock market this year, gaining over 60%, but Bank of America's recent note could put a dent in that rally. Analyst Ruplu Bhattacharya restarted coverage with an Underperform rating, slapping on a fresh $35 price target. That implies a worrying 30% drop in stock price from where it trades currently. Bhattacharya feels Super Micro's profit machine could run into a wall. Competition is heating up quickly, as tech darlings like Dell and HP Enterprise muscle into the AI server space. These giants have the scale and deep ties with big-ticket customers that could force Super Micro to cut prices while staying now, Super Micro's gross margin currently stands at 11.3% for FY25, but BofA expects that to drop to 9.4% by FY27. That's a deep slide for a hardware company trying to keep investors excited. To make matters worse, Bhattacharya warns of shortages of critical components, including high-end GPUs and liquid cooling parts. In addition, despite the company being first to the market with advanced liquid cooling tech, that lead may not last long. Rivals are racing to adopt the same tech, which could wipe out a key competitive edge. Top that off with Super Micro's ongoing legal concerns and weak internal controls, and Bhattacharya thinks the risks now outweigh the upside. Although he does see sales remaining strong, lower profits could overshadow top-line of America drops shocking call on Super Micro stock first appeared on TheStreet on Jul 12, 2025 This story was originally reported by TheStreet on Jul 12, 2025, where it first appeared. 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

Taiwan Semiconductor Manufacturing Company Limited (TSM) Has The Right Approach In Dealing With President Trump, Says Jim Cramer
Taiwan Semiconductor Manufacturing Company Limited (TSM) Has The Right Approach In Dealing With President Trump, Says Jim Cramer

Yahoo

time3 hours ago

  • Yahoo

Taiwan Semiconductor Manufacturing Company Limited (TSM) Has The Right Approach In Dealing With President Trump, Says Jim Cramer

We recently published . Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer recently discussed. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the most important companies in the world. The firm's importance is due to the fact that it is responsible for producing nearly all of the world's high-end chips. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is also investing more than $100 billion in the US as part of its bid to bring some of its advanced chip manufacturing capacity to America. These facilities are being built in Arizona and have already started shipping products to big technology firms. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) rose to prominence by being Apple's primary chip supplier, and it has also established itself in NVIDIA's AI chip supply chain. Cramer discussed the firm's strategy of meeting the Trump administration's bid to bring back manufacturing to American shores: 'Look, I'd like them to do Taiwan Semi, I mean Taiwan Semi and NVIDIA, they're like the shovel ready and they go there, they pick, they watch tomorrow to see what state is the best and then they like go buy some shovels from Caterpillar and get to work. Yes! Yes! I mean I know it's not optics if it's Apple, but yes, they need to. And I don't care which part. But they need to. And I think that maybe they want to do what they think is great for shareholders, and this is a waste of money for shareholders but we have an aggressive administration. And Taiwan Semi went and put real money and I think that Apple is putting real money and somehow it's not visible.' A close-up of a complex network of integrated circuits used in logic semiconductors. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)'s relationship with NVIDIA led Cramer to comment in June that the stock had acted as a proxy for the AI GPU company's stock. Here's what he had said: 'Taiwan Semi was the proxy, as that went up you could buy NVIDIA.' While we acknowledge the potential of TSM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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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