Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Nvidia’s stock has been performing well against its peers in the stock market despite trade war tensions and AMD creating a lot of headaches for the company. Since June, Nvidia’s performance has been seeing an uptrend and has persisted so far this August.
However, Nvidia may be facing a problem next month. President Donald Trump’s 10 percent tariff on Chinese goods will go in effect on Sept. 1, and it could hurt the company’s revenue.
Add the fact that the crypto mining ecosystem has seen a considerable decline in GPU demand due to the crypto bubble bursting, and it only spells trouble for Nvidia. And while the company is still in the gaming race, AMD is trying to take over that front as well.
Reports about Nvidia Killer makings rounds on the web
Reports are coming in that AMD is planning to unleash a GPU that’s being coined as the “Nvidia Killer,” Digital Trends reported. However, we’re going to have to wait until next year to know exactly the specs of this card.
While the reason for the delay remains unconfirmed, rumors are saying that it’s due to the cost and complexity to make the Nvidia Killer. It’s supposedly going to have big-die versions than the current product of AMD along with stream processors on top of a brand new 7nm node.
Nvidia needs to respond hard
Barring a few exceptions here and there, team red always stayed within the entry-level and mid-range market in the GPU sector, but it appears that CEO Lisa Lu is trying to gun for the high-end market. They’ve certainly made their intentions clear in the processor department, so there’s no reason to doubt AMD now. AMD wanting to overtake Nvidia had already begun when AMD Radeon VP Scott Herkelman claimed that the recent price slash it did to its budget lineup was a predetermined plan to force the competition’s hand in reducing their own pricing.
As for Nvidia’s stocks, 25 analysts have stated a buy rating for the company, with 11 of them advising to hold and three saying to sell, Market Realist reported. The company will be releasing its Q2 2020 fiscal report on Aug. 15. Whatever the case, it appears that Nvidia is still on the race, but the ball is definitely on its court, and it would be interesting to see how it maneuvers itself through the changing landscape of the market.
