A $30 Billion Reason Why Nvidia Stock In Focus

Cantor Fitzgerald named NVIDIA its top semiconductor pick, citing undervaluation and long-term growth potential in AI. The firm projects $17 EPS in 2027 and $25 in 2028, with the stock trading at 14x and 10x those estimates. NVIDIA is expanding its AI platform beyond silicon, and Cantor expects significant upward movement when a catalyst emerges.

Taiwan indicted nine individuals, including NVIDIA and Super Micro employees, for illegally exporting AI servers to China, according to Reuters. Prosecutors allege the defendants knew of export control procedures but acted for profit, damaging Taiwan's international image. NVIDIA, a U.S. company, manufactures most of its chips in Taiwan via TSMC.

NVIDIA (NVDA) reported a 92% year-over-year increase in Data Center revenue to $75.246 billion, driven by agentic AI demand. Total revenue rose 85.23% to $81.61 billion, with Q2 guidance at $91.0 billion. The company also announced a dividend increase and $80.0 billion in buybacks. Management expects supply constraints to persist due to high hyperscale capex.

Taiwan prosecutors indicted nine individuals, including employees of Nvidia and Super Micro, for allegedly illegally exporting AI servers with Nvidia chips to China, violating U.S. export controls. The defendants are accused of bypassing internal controls for significant profits, according to prosecutors. Taiwan has strengthened export controls to prevent advanced technology from reaching China. Neither Nvidia nor Super Micro has commented yet.

Nvidia plans to use its $6bn deal with AI startup Poolside to build open-weight AI models, competing with China's DeepSeek and Moonshot. The deal includes $1bn in equity at a $12bn valuation. Nvidia's CEO Jensen Huang emphasized the importance of open-weights for US AI leadership. Poolside's 109 employees will join Nvidia to work on the Nemotron project, aiming to develop open-weight models.

Taiwanese prosecutors indicted nine individuals, including employees of Nvidia and Super Micro, for allegedly exporting AI servers with Nvidia chips to China, violating US export controls. The servers are subject to US restrictions imposed since 2022. Prosecutors claim the defendants were aware of the companies' export control procedures but colluded for profit, causing compliance costs and reputational damage.