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Amazon's stock faces potential risks from the rise of "agentic commerce," where AI agents handle shopping autonomously, possibly reducing traffic to Amazon's site and impacting its advertising revenue. Analyst Josh Beck lowered the price target to $260, warning that if fewer consumers start their searches on Amazon, retail growth could fall below current estimates. While some analysts see potential for Amazon to leverage its AI technology, uncertainty remains a challenge for the company, which has struggled to maintain investor confidence amid competition in the AI space.
Chinese customs authorities have reportedly informed agents that Nvidia's H200 AI chips are not permitted to enter China, raising concerns about a potential ban. The motives behind this directive remain unclear, with speculation that it may be aimed at promoting domestic chip companies or as a bargaining tactic in U.S.-China relations. The U.S. recently approved H200 exports to China, but restrictions on high-end chip exports have been in place since 2022. Chinese firms have placed significant orders for the H200, which is considered crucial for AI development.
Deutsche Bank predicts that this year marks the inaugural year for the scaling of Robotaxi and the deployment of humanoid robots. Humanoid robots are leveraging the automotive supply chain to accelerate cost reduction, with companies like Mobileye targeting a cost goal of $10,000; autonomous driving is moving from testing to scaling, with a surge in Waymo orders, and NVIDIA launching the Alpamayo platform to assist automakers with "plug-and-play." Physical AI is transitioning from the laboratory to mass production
The United States has relaxed export regulations on NVIDIA's H200 chip to China, allowing its sale of the artificial intelligence chip to China. This sale will be subject to approval and security review by the U.S. Department of Commerce, which will charge relevant fees
