Latest news with #AOSL
Reuters
02-07-2025
- Business
- Reuters
AOS settles with US over unauthorized Huawei shipments
July 2 (Reuters) - Alpha and Omega Semiconductor Limited (AOSL.O), opens new tab has agreed to pay $4.25 million to settle with the U.S. Department of Commerce for shipping items to China's Huawei Technologies in violation of export regulations, according to a department order posted on Wednesday. AOS engaged in prohibited conduct by forwarding 1,650 power controllers, smart power stages and related accessories to Huawei without authorization in 2019, the year Huawei was added to a restricted U.S. trade list, the order said. Though the items were foreign designed and produced, the order said, they were subject to export control regulations because AOS exported them from the United States. Suppliers to companies on the restricted trade list, known as the Entity List, are required to obtain licenses. U.S. authorities have been investigating AOS' transactions since 2019, the company said in an SEC filing earlier this year. In January 2024 the Justice Department closed its investigation without charges, the filing said, but a civil investigation by the Commerce Department was ongoing. On April 16, 2025, AOS said it received a letter from Commerce alleging violations of export control regulations, and the company met to discuss a possible resolution. AOS, which is headquartered in Sunnyvale, California, operates in both the United States and Asia. It has a wafer fabrication facility in Hillsboro, Oregon. In 2020, the United States added to Huawei's Entity listing to expand its authority to stop shipments of foreign-produced items to Huawei. AOS did not immediately respond to a request for comment.
Yahoo
09-02-2025
- Business
- Yahoo
Alpha & Omega Semiconductor (AOSL): Analyst Says ‘Buy the Dip' on Nvidia Growth Play
We recently published a list of . In this article, we are going to take a look at where Alpha & Omega Semiconductor Limited (NASDAQ:AOSL) stands against other AI news updates you should not miss. Europe is putting itself on the artificial map with France and the United Arab Emirates having agreed to a framework accord for a 1 gigawatt data center dedicated to artificial intelligence. The French presidency said in a statement that the center will be the core of a new AI 'campus' and will have up to 1 gigawatt of capacity, 'which represents investments of 30 to 50 billion euros'. READ ALSO: and The move is said to be a part of a larger AI agreement signed between French President Emmanuel Macron and his UAE counterpart Sheikh Mohamed bin Zayed Al Nahyan in Paris. President Emmanuel Macron hosted his Emirati counterpart on Thursday. 'The two leaders expressed their desire to create a strategic partnership in the field of AI and committed to exploring collaborations on projects and investments supporting the development of the AI value chain'. According to the leaders, the investments would go into both French and Emirati AI and would include buying advanced chips, building data centers, talent development, and establishing virtual data embassies to secure AI and cloud systems in both countries. France is also going to be hosting the Artificial Intelligence (AI) Action Summit at the Grand Palais on February 10-11, 2025. The country has deemed the summit a 'wake-up call' for Europe in the global race for AI. 'The summit comes at exactly the right time for this wake-up call for France and Europe, and to show we are in position' to take advantage of the technology, an official in Macron's office told reporters. Attendees at the summit will include Sam Altman, head of OpenAI, Google CEO Sundar Pichai, and Nobel Prize winner Demis Hassabis, who leads the company's DeepMind AI research unit, amongst many other industry leaders, government officials, and similar figures from around the world. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). An engineer in a lab coat examining a state-of-the-art semiconductor & Omega Semiconductor Limited (NASDAQ:AOSL) makes power semiconductor products. On February 6, Benchmark raised the firm's price target on the stock to $42 from $40 and kept a 'Buy' rating on the shares. The analyst told investors that fiscal Q2 results were better than expected, but the June quarter revenue outlook is about 2% lower than analyst expectations. The gross profit margin is also driving a miss on the bottom line. Naturally, there has been a negative share reaction after the print, but the firm remains confident in the company's opportunity to participate across the full Nvidia (NVDA) Blackwell product family. Therefore, it recommends 'buying the dip' in Alpha & Omega (NASDAQ:AOSL) shares. Overall, AOSL ranks 8th on our list of AI news updates you should not miss. While we acknowledge the potential of AOSL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AOSL but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
07-02-2025
- Business
- Yahoo
Alpha and Omega Swings Lower Despite Nvidia Partnership, Analysts Still Bullish
Alpha and Omega Semiconductor (NASDAQ:AOSL) dropped 3.09% to $40.43 as of 11:13 AM ET on Friday, reversing earlier gains. The decline follows a morning rally driven by news of the company securing a key supply deal with Nvidia (NASDAQ:NVDA) for the GB300 NVL72 AI server platform. Warning! GuruFocus has detected 3 Warning Signs with NVDA. The stock initially surged 6.35% to $44.37 at 10:30 AM ET after TF International Securities analyst Ming-Chi Kuo confirmed Alpha and Omega as the primary DrMOS supplier for Nvidia's AI servers, holding a 70% market share. However, after the initial surge, profit-taking and broader market trends appear to have pressured the stock into negative territory. Despite the pullback, Kuo projected AOSL's 2025 revenue growth at 10% YoY, exceeding the 24% market consensus, and suggested the company could break even as early as Q2 2025, ahead of expectations. Alpha and Omega recently reported fiscal Q2 2025 earnings, with adjusted EPS of $0.09, slightly beating the $0.08 consensus, and revenue of $173.2 million, above the $170.1 million estimate. This article first appeared on GuruFocus.
Yahoo
07-02-2025
- Business
- Yahoo
Alpha and Omega Swings Lower Despite Nvidia Partnership, Analysts Still Bullish
Alpha and Omega Semiconductor (NASDAQ:AOSL) dropped 3.09% to $40.43 as of 11:13 AM ET on Friday, reversing earlier gains. The decline follows a morning rally driven by news of the company securing a key supply deal with Nvidia (NASDAQ:NVDA) for the GB300 NVL72 AI server platform. Warning! GuruFocus has detected 3 Warning Signs with NVDA. The stock initially surged 6.35% to $44.37 at 10:30 AM ET after TF International Securities analyst Ming-Chi Kuo confirmed Alpha and Omega as the primary DrMOS supplier for Nvidia's AI servers, holding a 70% market share. However, after the initial surge, profit-taking and broader market trends appear to have pressured the stock into negative territory. Despite the pullback, Kuo projected AOSL's 2025 revenue growth at 10% YoY, exceeding the 24% market consensus, and suggested the company could break even as early as Q2 2025, ahead of expectations. Alpha and Omega recently reported fiscal Q2 2025 earnings, with adjusted EPS of $0.09, slightly beating the $0.08 consensus, and revenue of $173.2 million, above the $170.1 million estimate. This article first appeared on GuruFocus. Sign in to access your portfolio
