Latest news with #H20GPU
Yahoo
14 hours ago
- Business
- Yahoo
Insider Alert: Nvidia CEO Jensen Huang Offloads $37 Million in Shares
July 16 - Nvidia (NASDAQ:NVDA) Chief Executive Jensen Huang disposed of another 225,000 shares, valued at about $37 million, according to a Wednesday filing with the U.S. Securities and Exchange Commission. The sale is part of a 10b5?1 plan adopted in March that allows Huang to sell up to six million shares over time. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Since early 2025, Huang has offloaded roughly 1.2 million shares, generating near $190 million in proceeds. In a prior trading program last year, he sold more than $700 million worth of stock. While insider sales can raise questions, Nvidia's leadership maintains that such plans are structured in advance. On Tuesday, Nvidia said it anticipates restarting deliveries of its H20 GPU to China soon, following assurances from U.S. regulators that export licenses will be granted. The H20, a version of Nvidia's Hopper?architecture chip tailored to comply with export?control rules, had been paused earlier this year, delaying several billion dollars in potential revenue. Investors will watch how resumed China shipments of the H20 line impact Nvidia's upcoming second?quarter results, due in mid?August. The company's ability to secure export approvals and ramp up shipments could materially influence its performance in the world's largest AI market. This article first appeared on GuruFocus. 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
a day ago
- Business
- Yahoo
Jensen Huang Just Delivered Massive News for Nvidia Investors
Key Points Nvidia CEO Jensen Huang says that the company will be granted the licenses required to export its H20 AI chips to Chinese customers. The company was losing a chunk of revenue because of the restrictions on the export of its chips to China. Nvidia investors can now expect stronger-than-expected growth from the company this year. 10 stocks we like better than Nvidia › When Nvidia (NASDAQ: NVDA) released its fiscal 2026 first-quarter results (for the three months ended April 27) a couple of months ago, the company had bad news in store for investors as it was losing business in a key market thanks to export restrictions. Specifically, Nvidia pointed out in its previous earnings report that it bore a multibillion-dollar charge because of its inability to ship its H20 artificial intelligence (AI) chips to China. Its revenue during the quarter took a hit, while the guidance could have been much better if there were no restrictions on the sales of its chips to Chinese customers. But now, it looks like Nvidia is set to resume its sales in China. Let's take a closer look at this latest development that could give its business a big boost. Jensen Huang says that Nvidia is set to start shipments of its H20 chips to China Nvidia was informed by the U.S. government in April that it needs a license to export its China-specific H20 chip into that market. The company took a $4.5 billion charge on account of the excess inventory of the unsold H20 chips that it was left with. Nvidia also lost $2.5 billion in revenue because of this restriction during the quarter. Even worse, the company said that it will lose $8 billion in H20 revenue in the ongoing quarter thanks to the restrictions. However, a blog published by Nvidia on July 14 states that CEO Jensen Huang met with President Donald Trump and other policymakers, giving an update that the company "is filing applications to sell the NVIDIA H20 GPU again." More importantly, the blog points out that the U.S. government assured Nvidia that licenses will be granted and the company hopes for deliveries to begin soon. Nvidia shipped $4.6 billion worth of H20 processors to China in fiscal Q1 before the export restrictions kicked in. Including the lost sales during the quarter, Nvidia's Chinese revenue would have been just over $7 billion. And when we consider the $8 billion revenue that the company was expecting from this market in fiscal Q2, Nvidia's revenue from that market would have hit $15 billion in the first half of the current fiscal year. The Chinese business, therefore, was on track to generate $30 billion in annual revenue for the company this year before it was hamstrung by the export controls. Analysts are expecting $200 billion in revenue from Nvidia in the current fiscal year. That figure could have been significantly higher if the company were allowed to uninterruptedly sell its H20 processors into the Chinese market. However, Nvidia was caught in the crosshairs of the tariff-fueled trade war between the U.S. and China. The good part is that both countries show\ signs of easing restrictions on exports of key products, and it looks like Nvidia has benefited from the same. As such, it won't be surprising to see the chipmaker finish the current fiscal year in a stronger-than-expected position. The return of the lost business could be a tailwind for the stock in the second half of 2025 We already saw how much revenue Nvidia could have minted from China in the current fiscal year. Now that the company is set to receive licenses to export its chips, there is a good chance that it could get back that lost revenue. Nvidia is going to be in a position to fulfill the $8 billion worth of orders that it had lined up for fiscal Q2, along with the $2.5 billion worth of shipments that it was unable to fulfill in the previous quarter. This could help Nvidia generate more revenue than what Wall Street is anticipating in the current fiscal year. Assuming that Nvidia manages to sustain the run rate of its H20 business in China in the second half of the fiscal year, it could generate $15 billion in revenue from that market. Analysts at equity research firm Bernstein estimate that Nvidia has the potential to generate incremental revenue of $15 billion to $20 billion in the current fiscal year once it gets the H20 export licenses. What's more, the company could generate an additional $0.40 to $0.50 per share in earnings based on the incremental revenue estimate. In the end, it can be concluded that Nvidia could deliver stronger-than-expected growth in fiscal 2026, which it can sustain in the long run as well thanks to the opportunities it is witnessing in other countries. Investors, therefore, have another reason to buy Nvidia stock right now as a potential acceleration in its revenue and earnings growth following this latest development could lead to more upside. Should you buy stock in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $680,559!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,670!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 180% for the S&P 500. 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 15, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Jensen Huang Just Delivered Massive News for Nvidia Investors was originally published by The Motley Fool
Newsweek
2 days ago
- Automotive
- Newsweek
Nvidia in for Big Win in China Amid US Tech War
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Nvidia says it expects U.S. government approval to export advanced artificial intelligence (AI) chips to the Chinese market. The green light would be a breakthrough for the chipmaker after months of navigating controls on semiconductor technology aimed at slowing China's progress on AI technologies with military applications. Newsweek reached out to the White House via written request for comment. Why It Matters China is a critical market for Nvidia, accounting for about 15.5 percent of its business as of April. That month, the White House said a special license would be required to export Nvidia's H20 GPU—a chip widely viewed as having contributed to the development of the Chinese AI model DeepSeek. Just days later, U.S. President Donald Trump said delivery of "all necessary permits" would be expedited after the tech giant announced a $500 billion investment in supercomputer production in the U.S. What To Know Nvidia's new chips, including the Blackwell series and a repurposed H20, are designed to comply with U.S. export rules, the company has said. CEO Jensen Huang continued his public relations offensive last week in Washington, D.C. Jensen Huang, cofounder and CEO of Nvidia Corp., attends the VivaTech trade show in Paris on June 11. Jensen Huang, cofounder and CEO of Nvidia Corp., attends the VivaTech trade show in Paris on June 11. Getty Images In meetings with policymakers and Trump, Huang pledged that Nvidia remained committed to the administration's efforts to create jobs and bolster onshore manufacturing and domestic AI infrastructure, the company said in a statement published Monday. The government has given assurances that licenses to sell the H20 GPU would be granted, Nvidia said, adding that it hopes to resume deliveries soon. "General-purpose, open-source research and foundation models are the backbone of AI innovation. We believe that every civil model should run best on the U.S. technology stack, encouraging nations worldwide to choose America," Huang said. Nvidia shares closed at a record $170.70 on Tuesday after rising more than 4 percent in early trading. What People Have Said Lin Jian, Chinese Foreign Ministry spokesperson, said during Tuesday's press briefing: "I would like to point out that China's opposition to politicizing, instrumentalizing and weaponizing tech and trade issues and malicious attempts to blockade and keep down China is consistent and clear. These actions will destabilize the global industrial and supply chains, and serve no one's interests." Lia Holmgren, independent trader and trading coach, wrote on X: "$NVDA does it again, this move is unreal. Another all-time high today, and the stock tacked on $200B in market cap like it was nothing. Nvidia's now worth $4.1 trillion, that's 3.6 percent of global GDP." What's Next The resumption of H20 chip exports could unlock billions in revenue for Nvidia, currently the world's largest company by market cap, and shape the contours of the global AI industry, projected to be worth $50 billion by the end of the decade.
Business Insider
2 days ago
- Business
- Business Insider
Nvidia stock jumps after the AI titan says it can sell some of its top chips to China again
The move: Nvidia stock jumped as much as 5% on Tuesday morning, rising to $172.39 a share. After bottoming in April, the stock has regained momentum and is currently up more than 27% year-to-date. The chart: Why: The company said that the US government will clear it to start shipping its H20 chips to China again. In a July 14 blog post, Nvidia announced that it had begun filing applications to resume selling the H20 GPU in China. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," it added. Nvidia CEO Jensen Huang recently met with policymakers in both the US and China, including President Donald Trump, to discuss the importance of supporting artificial intelligence infrastructure. Secretary of Treasury Scott Bessent said in an interview on Tuesday morning that multiple Chinese firms are currently at work on similar chips, which could pose a threat to America's AI dominance. This decision is a stark contrast from the Trump administration's previous position on Chinese trade relations. In April 2025, NVDA stock fell as the White House announced strict controls on selling AI-enabling chips to China. What it means: Morgan Stanley CIO and chief US equity strategist Mike Wilson said he sees the development as a highly bullish indicator for the broader AI sector. He said that the AI capital expenditure (capex) cycle has been significant for the market's recovery, although it often doesn't receive much attention. "This deal is just more fuel to that fire," he said. Wilson also noted that the new Chinese revenue would be a "huge, positive kick to margins" for Nvidia. Reports indicate that Chinese firms are already rushing to buy the Nvidia chip when H20 sales resume.
New Indian Express
2 days ago
- Business
- New Indian Express
Nvidia says it will resume sales of 'H20' AI chips to China
BEIJING: US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing to concerns that Beijing could use them to boost its military capabilities. It developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China, although that plan hit the skids when the Trump administration firmed up export licence requirements in April. The company said in a statement on Tuesday that it was "filing applications to sell the Nvidia H20 GPU again". "The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the statement said. Nvidia CEO Jensen Huang said in a video published by Chinese state broadcaster CCTV on Tuesday that "the US government has approved for us (to file) licences to start shipping H20s, and so we will start to sell H20s to the Chinese market". "I'm looking forward to shipping H20s very soon, and so I'm very happy with that very, very good news," Huang, wearing his trademark black leather jacket, told a group of reporters. Zhang Guobin, founder of the Chinese specialist website said the resumption would "bring (Nvidia) substantial revenue growth, making up for the losses caused by the previous ban". It would also ease the impact of trade frictions on the global supply chain for semiconductors, he told AFP. But he said Chinese firms would remain focused on domestic chip development, adding that "the Trump administration has been... prone to abrupt policy shifts, making it difficult to gauge how long such an opening might endure". Huang will attend a major supply chain gathering on Wednesday, the event organiser confirmed to AFP. It will be his third trip to China this year, according to CCTV.
