Latest news with #NvidiaAI
Yahoo
a day ago
- Business
- Yahoo
Nvidia AI Chip Repairs Soar In China
Nvidia (NASDAQ:NVDA) chips keep China's repair shops busy despite U.S. export bans. Reuters reports that about a dozen boutique firms in Shenzhen have quietly built businesses fixing advanced Nvidia AI chipsH100s, A100s and morethat shouldn't even be in the country. Warning! GuruFocus has detected 4 Warning Signs with NVDA. One repair shop spun off a new unit late last year and now handles up to 500 GPUs a month, underscoring really significant repair demand, says a co?owner who's been tuning Nvidia gaming cards for 15 years. Meanwhile the Financial Times notes that nearly $1 billion of Nvidia AI chips still flowed into China in the three months after tighter U.S. export curbs, highlighting gaps in enforcement and the lengths firms will go to fuel AI projects. Analysts say these repair services not only keep existing hardware alive but also chip away at the impact of export restrictions meant to slow China's AI push. 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
Time of India
3 days ago
- Business
- Time of India
Nvidia AI chips worth $1 billion entered China despite US curbs: FT
Synopsis These Nvidia AI chips were reportedly smuggled to China in the three months following tighter US export controls, including high-end B200 processors banned in China, Financial Times reported. Nvidia stated that using smuggled products available on the Chinese black market for data centres is technically and financially inefficient.
Zawya
10-07-2025
- Business
- Zawya
Asia shares helped by Nvidia high as investors unfazed by Trump's tariff moves
SINGAPORE: Asian stocks rose slightly on Thursday, riding on optimism from Nvidia's brief rise to a world-record $4 trillion valuation and as investors largely shrugged off U.S. President Donald Trump's latest tariff salvos. U.S. copper futures widened their premium to the London benchmark overnight after Trump announced plans to impose a 50% tariff on copper. He later said on Wednesday the levies would come into effect on August 1. Trump also turned his trade ire against Brazil on Wednesday as he threatened a punitive 50% tariff on exports to the U.S. and issued tariff notices to seven minor trading partners. The latest moves did little to rattle markets, leaving MSCI's broadest index of Asia-Pacific shares outside Japan up 0.2%. The Nikkei fell 0.56%, while China's CSI300 blue-chip index rose 0.2% and Hong Kong's Hang Seng Index added 0.1%. EUROSTOXX 50 futures gained 0.18% and FTSE futures advanced 0.33%. Artificial intelligence chip designer Nvidia on Wednesday became the world's first company to hit a $4 trillion market value, as it solidified its position as one of Wall Street's most favoured stocks. U.S. stock futures eased slightly in Asia on Thursday, with Nasdaq futures and S&P 500 futures both down about 0.2% each, after both indexes closed higher in the cash session overnight. The market reaction to Trump's tariff developments this week has been much less severe than the post "Liberation Day" selloff in April, with Jeff Ng, SMBC's head of Asia macro strategy, saying investors have grown somewhat "numb" to the ever-changing situation. "They know that there is still room for negotiation. A lot of these announcements, they start off with eye-catching numbers, but they are not totally final, and they are still subject to changes. Even if they are implemented, they could also be reversed in the coming few months to year," he said. Also keeping stocks supported were expectations of Federal Reserve rate cuts later this year. Minutes released on Wednesday showed "most participants" at the Fed's meeting last month anticipated rate cuts would be appropriate later this year, with any price shock from tariffs expected to be "temporary or modest". "Right now, markets are not pricing in a high chance of a full-blown recession at this stage, given that the labour market continues to be quite resilient, but they know that there's a lot of pressure to push policy rates lower, so that could lower the opportunity cost of holding equities," Ng said. DOLLAR EASES The dollar was on the back foot on Thursday, falling 0.4% against the yen to 145.79 after a sharp rise earlier this week when Trump slapped Japan with 25% tariffs. The euro was up 0.17% to $1.1742 and sterling gained 0.11% to $1.3605. An exception was the Brazilian real, which languished near a one-month low at 5.5826 per dollar owing to Trump's tariff threat on Latin America's largest economy. "Despite the S&P 500's impressive rally, the U.S. dollar continues to retreat, underscoring a shifting global macro narrative," said Julia Wang, global market strategist at J.P. Morgan Private Bank. "We believe the greenback remains 5-15% overvalued and expect continued weakness as cyclical convergence and capital reallocation trends play out." In cryptocurrencies, bitcoin hovered near a record high and was last at $111,234.63, while ether was up 1.3% to $2,775.54. "We're seeing our clients take a more measured approach, making strategic allocations into cryptocurrencies with real utility instead of chasing short-term moves. Bitcoin remains the top pick on our platform," said Gracie Lin, OKX's Singapore CEO. Elsewhere, oil prices fell on Thursday, with Brent crude futures down 0.16% to $70.08 per barrel, while U.S. crude lost 0.22% to $68.23 a barrel. Spot gold rose 0.3% to $3,322.69 an ounce. (Reporting by Rae Wee; Editing by Jamie Freed)
Yahoo
25-06-2025
- Business
- Yahoo
HPE, Nvidia unveil new AI factory offerings
Hewlett Packard Enterprise (HPE) and Nvidia have introduced a range of new AI factory solutions to accelerate AI adoption across industries. Launched at HPE Discover in Las Vegas, the new lineup features modular AI factory infrastructure, HPE's AI-ready RTX PRO Servers (HPE ProLiant Compute DL380a Gen12), and the next generation of HPE's turnkey AI platform, HPE Private Cloud AI. The companies aim to provide enterprises with a framework for building and scaling generative, agentic, and industrial AI. The portfolio integrates Nvidia's Blackwell accelerated computing, Spectrum-X Ethernet, and BlueField-3 networking technologies with Nvidia AI Enterprise software and HPE's wide range of servers, storage, services, and software. This includes HPE OpsRamp Software, a validated observability solution for the Nvidia Enterprise AI Factory, and HPE Morpheus Enterprise Software for orchestration. The outcome is a pre-integrated, modular infrastructure stack designed to expedite AI deployment in production. A crucial element is the next-generation HPE Private Cloud AI, developed in collaboration with Nvidia. This comprehensive, turnkey AI factory solution will feature HPE ProLiant Compute DL380a Gen12 servers equipped with the latest Nvidia RTX PRO 6000 Blackwell Server Edition GPUs. These servers are designed to support a wide range of enterprise and industrial AI applications and are now available to order. The platform also incorporates Nvidia AI Blueprints, including the Nvidia AI-Q Blueprint for AI agent creation and workflows. HPE also announced the HPE Compute XD690, a new Nvidia HGX B300 system equipped with Nvidia Blackwell Ultra GPUs, is set to ship in October 2025. HPE is partnering with Japanese telecom KDDI to develop AI infrastructure using the Nvidia GB200 NVL72 platform, based on the Nvidia Grace Blackwell architecture, at the KDDI Osaka Sakai Data Centre. In the financial services sector, HPE is collaborating with Accenture to test agentic AI workflows on Accenture's AI Refinery, utilising HPE Private Cloud AI for applications in sourcing, procurement, and risk analysis. Additionally, HPE prioritises security and governance with features like air-gapped management, multi-tenancy, and post-quantum cryptography. HPE has expanded its partner ecosystem by adding 26 new partners to its "Unleash AI" initiative, bringing its total to over 70 packaged AI workloads, including fraud detection, video analytics, sovereign AI, and cybersecurity. To enhance AI adoption, HPE also launched AI Acceleration Workshops in collaboration with Nvidia to help enterprises scale their AI deployments. Recently, Nvidia partnered with Deutsche Telekom to launch Europe's first industrial AI cloud in Germany. This AI factory is designed to enhance Germany's manufacturing sector by supporting applications in design, engineering, simulation, digital twins, and robotics. "HPE, Nvidia unveil new AI factory offerings" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Chinese Firm Pulls Press Release Announcing New Nvidia AI Chip
A Chinese company has retracted a press release that announced a new Nvidia AI processor for the China market.
