Latest news with #chips
Yahoo
8 hours ago
- Business
- Yahoo
Nvidia (NVDA) Climbs for Fifth Straight Session, Reclaims Top Market Cap Spot
Nvidia (NVDA, Financials) rose for a fifth straight session Friday, pushing its market value to $3.8 trillion and reclaiming its spot as the most valuable public company. The stock has climbed 66% since April lows, fueled by strong demand for AI chips. Warning! GuruFocus has detected 4 Warning Signs with NVDA. CEO Jensen Huang warned that U.S. export rules effectively shut Nvidia out of China's $50 billion market, saying recent results would have been stronger with access. At the company's shareholder meeting Wednesday, Huang called robotics Nvidia's next big opportunity, citing a future of billions of robots powered by its chips. The segment, including automotive, generated $567 million last quarter. Wedbush's Dan Ives projected Nvidia and Microsoft (MSFT, Financials) could hit $4 trillion in value this summer and $5 trillion in 18 months. Investors are watching for updates on China policy and Nvidia's earnings guidance. This article first appeared on GuruFocus.
Yahoo
8 hours ago
- Business
- Yahoo
Nvidia (NVDA) Climbs for Fifth Straight Session, Reclaims Top Market Cap Spot
Nvidia (NVDA, Financials) rose for a fifth straight session Friday, pushing its market value to $3.8 trillion and reclaiming its spot as the most valuable public company. The stock has climbed 66% since April lows, fueled by strong demand for AI chips. Warning! GuruFocus has detected 4 Warning Signs with NVDA. CEO Jensen Huang warned that U.S. export rules effectively shut Nvidia out of China's $50 billion market, saying recent results would have been stronger with access. At the company's shareholder meeting Wednesday, Huang called robotics Nvidia's next big opportunity, citing a future of billions of robots powered by its chips. The segment, including automotive, generated $567 million last quarter. Wedbush's Dan Ives projected Nvidia and Microsoft (MSFT, Financials) could hit $4 trillion in value this summer and $5 trillion in 18 months. Investors are watching for updates on China policy and Nvidia's earnings guidance. This article first appeared on GuruFocus. Sign in to access your portfolio
Bloomberg
a day ago
- Business
- Bloomberg
Nvidia Becomes World's Most Valuable Company
Nvidia Corp. shares rose to an all-time high on Wednesday, with the leader in artificial intelligence chips extending an advance that has cemented its position as one of the most valuable companies in the world. At one point during Wednesday's trading, a Nvidia had a market cap of about $3.77 trillion, overtaking Microsoft Corp. at $3.66 trillion. Bloomberg's Ed Ludlow reports. (Source: Bloomberg)
Yahoo
2 days ago
- Business
- Yahoo
AI Hardware Stocks Catch a Bid
Super Micro Computer (NASDAQ:SMCI) shares jumped sharply alongside broader AI chip gains as President Trump announced upcoming U.S.-Iran talks. Shares of Super Micro Computer climbed roughly 5% Wednesday, rallying as much as 9.5% intradayits largest one-day spike since May 14and hitting the highest level since May 16. The stock has surged about 48% year-to-date, though it still trades nearly 45% below last year's levels. Warning! GuruFocus has detected 5 Warning Signs with SMCI. Market participants attributed the move in part to President Donald Trump's surprise disclosure that the U.S. will meet with Iran next week, even as he downplayed the likelihood of a substantive diplomatic breakthrough following recent U.S. airstrikes on Iranian nuclear facilities. AI chipmakers also enjoyed a lift: Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) each rose about 3%, while Broadcom (NASDAQ:AVGO) and Qualcomm (NASDAQ:QCOM) joined the list of tech names in positive territory. Investors have been rotating into server-hardware plays like Super Micro on expectations that any easing of geopolitical tensions could bolster demand for data-center equipment, just as AI workloads continue to drive upgrades across cloud and enterprise networks. The convergence of geopolitical news and ongoing AI infrastructure investment highlights how macro catalysts and secular technology trends can combine to spark sudden rallies. For hardware suppliers such as Super Micro, even the hint of stabilizing international relations can translate into renewed confidence that data-center expansion will accelerate. Watch for follow-through in SMCI volume and any comments from Super Micro's management on customer demand. Further moves in NVDA, AMD and other AI hardware stocks will signal whether this is a fleeting relief rally or the beginning of a broader tech rebound. 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
2 days ago
- Business
- Yahoo
Nvidia stock notches fresh record high in remarkable 2025 turnaround
Nvidia (NVDA) shares rose more than 4% Wednesday to notch a new record high of $154.31, completing a remarkable turnaround from earlier this year. The chipmaker's stock was up over 1% in premarket trading on Thursday. Nvidia shares previously hit a record close of $149.43 on Jan. 6. The stock's gain also saw shares reach a fresh intraday high during Wednesday's trading session. The AI chipmaker's stock has seen a significant upswing following its first quarter earnings in late May, which featured revenue that beat Wall Street's expectations and showed the company continuing to thrive despite a new export ban on sales of its chips to one of its largest markets: China. Read more about Nvidia's stock moves and today's market action. Shares have jumped more than 14% since Nvidia's May 28 earnings report, far ahead of the S&P 500's (^GSPC) roughly 3.4% gain in that time frame. Loop Capital analyst Ananda Baruah on Wednesday raised his price target on Nvidia stock to $250, the highest of Wall Street analysts tracked by Yahoo Finance. The new price target suggests Nvidia's market cap could soar to $6 trillion from its current $3.6 trillion level. "While it may seem fantastic that NVDA fundamentals can continue to amplify from current levels, we remind folks that NVDA remains essentially a monopoly for critical tech, and that it has pricing (and margin) power," Baruah wrote in a note to clients, adding that Loop Capital analysts see the market for AI chips growing to $2 trillion in 2028. To be sure, questions remain over whether AI infrastructure demand will continue to rise, as Big Tech companies rake in far less revenue than they're spending to build the tech. Nvidia stock had struggled in the months following its record close in January as President Trump embarked on his trade war and artificial intelligence competition in China rattled the broader markets. Nvidia shares plunged in late January when a new cheap AI model from Chinese startup DeepSeek prompted demand concerns for its AI chips. Then, the stock plummeted again in April as Trump's steep tariff announcements rocked the stock market. Trump enacted a ban on sales of Nvidia's H20 chips to China, costing the chipmaker $2.5 billion in lost revenue in the first quarter and a projected $8 billion loss in the second quarter. Read more: How does Nvidia make money? At the same time, Nvidia's competition in the Chinese market was heating up from domestic tech giant Huawei. Huawei is reportedly readying a new advanced AI chip that would be competitive with Nvidia's prior-generation H100 chips. Shares hit their lowest closing price in over a year on April 4, ending the trading session at just over $94. Before the chipmaker's first quarter earnings report, Nvidia stock was bolstered in May by deals with Saudi Arabia and the United Arab Emirates to supply hundreds of thousands of its AI chips to the countries. The stock's comeback helped it briefly overtake Microsoft (MSFT) as the world's most valuable company in early June. The upswing comes as investors pile back into tech stocks. Bank of America analysts said in a note Tuesday that tech inflows hit their highest level last week since June 2024. On Tuesday, the Nasdaq 100 (^NDX) also hit a fresh record close, while the Nasdaq Composite (^IXIC) notched its highest levels since February. Laura Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at
