24/7 Wall St. (24/7 Wall St.) Quick Read Invesco China Technology ETF (CQQQ): up 14.5% over 12 months, down 8.5% past month. Top 4 holdings Tencent (TCEHY), PDD Holdings (PDD), Baidu (BIDU) at 7.26%, Meituan (3690.HK) represent ~30% of portfolio. US-China trade tensions and concentrated AI exposure will determine whether CQQQ continues recovering from China’s…
Nvidia (NASDAQ: NVDA) is one of the most impressive companies we’ve ever seen. It is dominating the computing hardware realm and has become the primary option to run all of the generative artificial intelligence (AI) workloads that are coming online. However, we’re still in the early innings of the buildout, leaving plenty of room for…
As the artificial intelligence (AI) revolution enters its fourth year, demand for AI-capable chips continues at a blistering pace, yielding more than a few winners. While Nvidia controls the biggest share of the data center graphics processing unit (GPU) market, Advanced Micro Devices (NASDAQ: AMD) has no plans to cede the opportunity to its larger…
For a stock to achieve a tenfold gain in just 10 years is a rare feat. In general, to do so, a company must either start at an unusually low valuation and then rake in enough profits to convince the market to reevaluate it, or sustain huge growth rates for several years — or both….
Nvidia AI tech ‘powering China’s military,’ US lawmakers say | Photo Credit: REUTERS A group of US lawmakers issued a warning Thursday over allowing tech giant Nvidia to sell advanced chips in China, alleging that its support to AI startup DeepSeek has helped boost Chinese military capabilities. “When Nvidia technology ends up powering China’s military,…
Hong Kong and mainland Chinese scholars have developed a pioneering AI model that uses satellite data to forecast heavy rainstorms up to four hours before they strike, much earlier than current predictions allow. The model represented a “major advancement in atmospheric monitoring and severe weather early warnings, enabling faster and more accurate forecasts and strengthening…
Nvidia’s return to the Chinese market has hit a major roadblock due to its latest problems with sales of high-end H200 AI chips in the country. Days after Chinese customs officials moved to block the newly-approved processors from entering the mainland, suppliers of key components for the AI chip have reportedly halted production lines.Citing two…
Nvidia’s (NVDA) China business continues to face geopolitical hurdles, which could pose longer-term competitive risks for the AI chipmaker. Ongoing US-China tensions have upended Nvidia’s sales in what was one of its largest markets. In the company’s most recent quarter, revenue from China, which includes Hong Kong, dropped 45% from a year ago to about…
Witnesses and lawmakers at a foreign affairs hearing blasted the Trump administration’s approval for the sale of Nvidia’s H200 AI chips to China and called for it to reverse the decision, as the White House’s top technology adviser defended the move in the administration’s first public testimony discussing the latest export control measures. Allowing China…
Rather than seeing it as an olive branch, many Chinese commenters interpreted the move as a sophisticated Trojan horse-style trap that aimed to make Beijing dependent on American technologies in advanced semiconductors and other chokepoint sectors. Trump’s green light for the H200 – a template that he said would be applied to other US chip…