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Investing.com - Lynx Equity has advised investors to disregard a recent Bloomberg report about potential U.S. restrictions on AI chip shipments to Southeast Asian countries, citing concerns about the report’s anonymous sourcing. NVIDIA (NASDAQ:NVDA), currently trading near its 52-week high with a market capitalization of $3.89 trillion, maintains an "EXCELLENT" financial health rating according to InvestingPro analysis.
The Bloomberg report, published over the July 4th weekend, claimed the Commerce Department was drafting rules to restrict shipments of AI chips from companies like NVIDIA (NASDAQ:NVDA) to Malaysia and Thailand as part of efforts to prevent smuggling into China. The company has demonstrated robust growth, with revenue surging 86% in the last twelve months.
Lynx analysts recommended investors only consider reports attributed to cabinet-ranking officials like Commerce Secretary Gina Raimondo, Treasury Secretary Janet Yellen, or direct White House statements, especially during ongoing trade negotiations.
The equity research firm compared the situation to a recent Wall Street Journal report about potential revocation of semiconductor equipment waivers for Asian manufacturers in China, which was later reportedly rejected by the White House before becoming policy.
Lynx noted that even if the reported restrictions were implemented, the impact on NVIDIA would likely be minimal, as the company’s revenue exposure to countries outside its four major markets (U.S., Taiwan, China, Singapore) was only 6% in fiscal year 2026 and 4% in the fourth quarter. According to InvestingPro analysis, the stock appears slightly overvalued at current levels, with 20+ additional exclusive ProTips available to subscribers looking to make informed investment decisions.
In other recent news, CoreWeave Inc has made headlines by becoming the first to deploy NVIDIA’s GB300 NVL72 AI platform. This new platform represents a significant advancement in AI infrastructure, offering a substantial boost in user responsiveness and throughput. CoreWeave has optimized its cloud platform to accommodate this technology, enhancing its capabilities in collaboration with partners like Dell Technologies (NYSE:DELL) and Vertiv. Meanwhile, IREN Limited announced an expansion of its AI cloud by purchasing 2,400 next-generation NVIDIA Blackwell GPUs for approximately $130 million. This investment is fully funded from existing cash and aims to enhance IREN’s infrastructure, supporting its growth in AI Cloud Services. In analyst updates, Mizuho (NYSE:MFG) has raised its price target for Nvidia to $185, citing strong data center outlook and improved GPU supply. Cantor Fitzgerald also reiterated its Overweight rating on Nvidia with a $200 target, reflecting confidence in the company’s future performance. Additionally, Elon Musk revealed that the next version of his AI model, Grok 4, will be released shortly after July 4th, marking another development in the AI sector.
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