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NVDA Sep 2024 1710.000 put
| Previous close | 854.80 |
| Open | 854.80 |
| Bid | 837.30 |
| Ask | 842.25 |
| Strike | 1,710.00 |
| Expiry date | 2024-09-20 |
| Day's range | 854.80 - 854.80 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Why Biden's China tariffs may not be so bad for US chip demand
The Biden administration has enacted a new set of tariffs against China that will hit up to $18 billion in imported goods, including quadrupling the duties imposed on electric vehicles (EVs) and doubling tariffs on solar panels and semiconductors to 50% each. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins The Morning Brief to elaborate on whether or not these trade policies will have any lasting effects on the United States, its demand for semiconductor imports, and the new avenues China is approaching to acquire more AI chips. "The US just doesn't import a lot of direct semiconductors from China... it's maybe a few billion dollars, it's not any more than that. So there's no direct impact," Rasgon says. "Now the indirect impact, you know again risks of further escalation... like counter like actions from China... those have been the issues that we've been dealing with over the last several years. By and large, they have been manageable." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
ReutersGoogle launches Trillium chip, improving AI data center performance fivefold
Google parent Alphabet on Tuesday unveiled a product called Trillium in its artificial intelligence data center chip family that it says is nearly five times as fast as its prior version. "Industry demand for (machine learning) computer has grown by a factor of 1 million in the last six years, roughly increasing 10-fold every year," Alphabet CEO Sundar Pichai said in a briefing call with reporters. "I think Google was built for this moment, we've been pioneering (AI chips) for more than a decade."
GuruFocus.comRenaissance Technologies' Strategic Moves: A Deep Dive into NVIDIA's Significant Reduction
Insights from the Latest 13F Filing for Q1 2024
