New Export Regulations: The U.S. Department of Commerce has updated regulations for exporting certain semiconductors to China and Macau, changing the review process from a presumption of denial to a case-by-case evaluation.
Limitations on Shipments: The new policy restricts aggregate shipments of semiconductor products to China or Macau to 50% of the total products made for the U.S., requiring sellers to implement rigorous Know Your Customer (KYC) procedures.
Impact on Companies: The updated rules apply to Nvidia's H200 chips and similar products, while more advanced chips remain banned from export to China. Nvidia is also working on rolling out its next generation of chips expected to be significantly faster.
Market Reactions: Retail sentiment around Nvidia shares has been bullish, while AMD shares have seen significant gains, reflecting differing market perceptions and performance in the semiconductor industry over the past year.
Wall Street analysts forecast SMH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SMH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 401.930
Low
Averages
High
Current: 401.930
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
