Technology

The Biden administration’s latest bid to curb China’s access to the most advanced AI models and AI chips could have a major impact on the AI boom and its enablers, most prominently chip giant Nvidia. Nvidia’s shares fell about 2.6% in afternoon trading Monday. Other chip-maker and tech-company stocks traded lower on Monday, including Microsoft, whose shares fell about 1% and Apple, which was down about 1.3%. The restrictions, which rolled out Monday, put caps on how many chips can be exported to more than 120 countries around the world that are neither very close American allies nor U.S. adversaries. They also included provisions that could require the largest U.S.-headquartered tech companies to do most of their AI computing in the U.S. The curbs could hurt a strategy Nvidia calls “sovereign AI,” latching on to a trend where countries invest in domestic computing infrastructure to retain local control over the […]

The White House on Monday announced new restrictions on artificial intelligence exports that will impact companies including Nvidia. The restrictions, impacting companies including Nvidia and Advanced Micro Devices, were consistent with Bloomberg’s report last week on what was coming. Nvidia shares (NVDA) fell 3% as AMD stock (AMD) dipped 2% in premarket trade. The broader market also is weaker on concerns over how many interest-rate cuts the Federal Reserve will make this year. Under what’s called the interim final rule on artificial intelligence diffusion, most countries will be subject to caps on chip orders. The White House said the restrictions will not applies to 18 key allies and partners, and countries and entities that meet high security and trust standards can apply for higher status. Countries that do not will be able to buy the equivalent of 50,000 advanced GPUs per country, a White House fact sheet said.

By Elsa Ohlen Artificial intelligence’s rise to become the hottest topic around has hardly escaped anyone’s attention. And the technology may prove to be a winner in investing. SoftBank-backed Qraft Technologies is one company that is betting that AI can deliver in investment and portfolio management. The South Korean fintech has around $60 million in assets over three exchange-traded funds: AMOM, QRFT and LQAI, all powered by AI based on different investment strategies. AMOM uses a momentum-factor strategy. That means it targets stocks that have outperformed in the past on the assumption they will continue to rise. Its biggest holdings are, unsurprisingly, Nvidia (9.2%), Tesla (7.7%), Broadcom (7.1%), and Meta Platforms (4.1%), all of which had impressive runs in 2024. AMOM gained 36% in 2024, while its benchmark, the iShares Edge MSCI USA Momentum ETF, gained 32%. QRFT, a more defensive ETF, holds some 40% of its assets in healthcare,

NVIDIA Corp (NASDAQ:NVDA) has grown to being among the largest companies in the world due to its AI chip dominance. One analyst sees the Santa Clara, California-based company’s lead expanding. The Nvidia Analyst: In a note published Thursday, Bank of America analyst Vivek Arya reiterated a Buy rating for Nvidia with a price target of $190. Main Takeaways: Arya’s semiconductor team hosted Nvidia CFO Colette Kress for an investor meeting in Las Vegas. Arya is more confident in Nvidia as an “AI incubator.” “NVDA’s unique/highly leverageable silicon/system/software platform is spawning new growth engines in physical AI/robotics, onpremise AI workstations (Project Digits), AI PC, autonomous driving (Uber, Toyota partnership) – no other merchant or ASIC rival can match this,” the analyst said. Arya noted other positive signs for the company’s flagship Blackwell chip. “Overall, the tone for AI demand remains very strong across both Hopper and new Blackwell platforms,” the analyst said. “Hopper run rate is

Nvidia (NVDA) is “best positioned” in artificial intelligence with a bullish outlook on applications in the enterprise, robotics and automotive sectors as the company’s ecosystem supports a wide range of AI hardware and software needs, Oppenheimer said in a note Thursday. The Blackwell generation of AI accelerators demonstrates significant generational improvements but supply constraints and liquid cooling requirements could hinder short-term adoption for some configurations, the analysts said. Oppenheimer also said the company’s enterprise offerings, such as Nvidia Intelligent Models, Nvidia Model Optimization tools and Nemotron are tailored for business deployment and its partnership with Microsoft (MSFT) on Windows Subsystem for Linux 2 enhances AI optimization on personal computers. Nvidia’s entrenched ecosystem, spanning data centers and AI innovation, is seen as core to the generative AI revolution, according to the note. The firm has an outperform rating on Nvidia’s stock.

By George Glover Nvidia could soon face tighter restrictions on sales to China and Russia, according to a report. The chip designer’s shares were falling in late trading on Wednesday. The Big Tech stock slid 1.1% to $138.54 after the closing bell. Markets are closed Thursday for a national day of mourning for former U.S. President Jimmy Carter. Nvidia shares climbed 4.3% over the first five trading days of 2025. According to Dow Jones Market Data, the stock rose 6.9% over the first five days of 2023 and 5.5% over the same period in 2024. It went on to rack up triple-digit gains in both of those years as the AI craze drove up demand for its products and led to its profit surging. The dip late Wednesday came after a report said that the Biden administration plans to impose a final round of chip export restrictions before leaving office.