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Taiwan's government will introduce a NT$88 billion (US$2.7 billion) support package to aid businesses impacted by recent US tariffs, focusing on the industrial, agricultural, and fishery sectors. The initiative includes NT$70 billion for measures like reduced loan interest rates and job stabilization, with NT$18 billion specifically for agriculture. This response follows discussions among government leaders and aims to mitigate the expected GDP slowdown due to the tariffs.
Taiwanese stocks are poised for a rebound following US tariff exemptions on electronics, benefiting local manufacturers amid ongoing trade uncertainties. Analysts caution that while the market reacts positively, the temporary nature of these exemptions may lead to future disruptions as new semiconductor tariffs are anticipated.
Australian cleantech startup RayGen has raised AU$127 million (US$79.8 million) in a Series D funding round, marking one of the largest clean energy tech investments in the country. The funding will enhance the company's solar energy and long-duration storage solutions, with backing from notable investors like SLB, ARENA, and Equinor Ventures.This investment highlights the growing importance of specialized energy storage technologies amid challenges in the clean energy sector. RayGen's innovative "thermal hydro" technology, with a 70% round-trip efficiency, positions Australia as a key player in the global clean energy market, moving beyond its traditional role as a resource supplier.
UBS analysts are optimistic about Nvidia's growth, dismissing market concerns as exaggerated. They highlight improvements in the Blackwell chipset and a strategic revenue recognition approach that benefits supply chain management. UBS has raised its Blackwell revenue forecast to $9 billion for the January quarter, maintaining a price target of $185 for Nvidia.
UBS analysts predict explosive growth for Nvidia, forecasting $9 billion in Blackwell chipset sales for January, nearly double previous estimates. The company's transition from Hopper to Blackwell systems is accelerating, with strong demand from hyperscalers and improving supply chain conditions. UBS maintains a $185 price target, highlighting Nvidia's potential for blockbuster results in 2024 and beyond.
UBS analysts predict explosive growth for Nvidia, forecasting $9 billion in Blackwell chipset sales for January, nearly double previous estimates. The company's transition from Hopper to Blackwell systems is accelerating, with strong demand from hyperscalers and improved supply chain dynamics. UBS maintains a $185 price target, highlighting Nvidia's potential for blockbuster results in 2024 and beyond.
UBS analysts remain optimistic about Nvidia, dismissing recent market concerns as exaggerated. They highlight improvements in Blackwell chipset yields and revenue recognition practices, which help navigate supply chain challenges. UBS projects Blackwell revenue to reach approximately $9 billion for the January quarter, significantly up from earlier estimates.
UBS analysts remain optimistic about Nvidia, dismissing recent market concerns as exaggerated. They note improvements in Blackwell chipset yields and revenue recognition practices that help navigate supply chain challenges. UBS projects Blackwell revenue to reach approximately $9 billion for the January quarter, significantly up from earlier estimates.
UBS has raised its price target for Quanta Services shares from USD 313 to USD 367, maintaining a buy recommendation amid strong confidence in the company's future. Despite this positive outlook, the stock is down 2.03% today at USD 306.51, though it has seen an impressive year-on-year increase of 80.85%.
Quanta Services, Inc. is a leading provider of specialized infrastructure services in the U.S., with net sales divided into three main areas: Electricity (46.5%), Renewable Energy (29.5%), and Oil and Gas (24%). The company generates 85.8% of its sales in the United States, with additional contributions from Canada (9.8%), Australia (2.9%), and other regions (1.5%).
Quanta Services, Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Taiwan announces 2.7 billion support package for businesses hit by tariffs
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ubs analysts remain optimistic on nvidia despite market concerns
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