$LIN

Linde Plc.

  • NASDAQ
  • Process Industries
  • Chemicals: Specialty

PRICE

$447.06 โ–ผ-0.918%

Delayed Price

VOLUME

1,562,559

DAY RANGE

- 453.39

52 WEEK

320.89 - 453.39

Join Discuss about LIN with like-minded investors

TR
@trademaster #TradeHouses
recently

By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) -Psst! Where can a Chinese buyer purchase top-end Nvidia (NASDAQ:NVDA) AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet - in particular, the SEG Plaza skyscraper whose first 10 floors are crammed with shops selling everything from camera parts to drones. The chips are not advertised but asking discreetly works. They don't come cheap. Two vendors there, who spoke with Reuters in person on condition of anonymity, said they could provide small numbers of A100 artificial intelligence chips made by the U.S. chip designer, pricing them at $20,000 a piece - double the usual price. While buying or selling high-end U.S. chips is not illegal in China, U.S. export restrictions have created a de facto underground market with vendors keen not to draw scrutiny from either U.S. or Chinese authorities. President Joe Biden's administration in September ordered Nvidia to stop exporting its two most advanced chips - the A100 and the recently developed H100 - to mainland China and Hong Kong, part of efforts to stymie Chinese AI and supercomputing development amid intensifying political and trade tensions. That was then followed up with an array of semiconductor-related export controls. But, as AI booms across the globe after the runaway success of OpenAI's ChatGPT, demand for high-end chips has rocketed, particularly for Nvidia's microprocessors which are widely regarded as the best at handling machine-learning tasks. "We are talking with two vendors now to get some," said Ivan Lau, co-founder of Hong Kong's Pantheon Lab who is trying to purchase 2-4 new A100 cards to run the startup's latest AI models. Those vendors, who bought the chips outside the U.S., were quoting HK$150,000 ($19,150) per card, he said, adding: "They told us straight up that there will be no warranty or support." Reuters spoke with 10 vendors in Hong Kong and mainland China who described being able to easily procure small numbers of A100s. Their information highlighted both intense demand in China for the chips and the relative ease with which Washington's sanctions can be circumvented for small-batch transactions. Reuters was not able to estimate overall volumes of Nvidia A100 and H100 chips flowing into China or learn to what extent the transactions taking place go towards satisfying demand. Buyers are typically app developers, startups, researchers or gamers, the vendors said, declining to be identified because the imports contravene U.S. trade restrictions. One vendor said buyers also included Chinese local authorities. Nvidia said in a statement to Reuters it did not allow exports of the A100 or H100 to China, instead providing reduced-capability substitutes that comply with U.S. law. "If we receive information that a customer is breaching their agreement with us and exporting restricted products in violation of the law, we would take immediate and appropriate action," the statement said. A U.S. Department of Commerce spokesperson said in a statement to Reuters that export control measures have had a "substantial impact" on China's availability of high-end chips. The statement also said reports of parties seeking to obtain these chips through illicit means were "not a surprise", adding that "allegations of violations are investigated". China's State Council Information Office and China's industry ministry did not respond to requests for comment. Nvidia said in September that $400 million in sales during its third quarter could be lost if Chinese firms decided not to buy alternative Nvidia products. Its new China-tailored slower variants - the A800 and H800 - developed to cushion that impact are now being bought by large Chinese tech firms such as Tencent Holdings (OTC:TCEHY) and Alibaba (NYSE:BABA), which have deep pockets to purchase huge quantities. OFFERINGS ONLINE The Chinese vendors said they procured the chips primarily in two ways: snatching up excess stock that finds its way to the market after Nvidia ships large quantities to big U.S. firms, or importing through companies locally incorporated in places such as India, Taiwan and Singapore. This means the quantities they can secure are small, far from what's needed to build a sophisticated AI large language model from scratch. A model similar to OpenAI's GPT would require more than 30,000 Nvidia A100 cards, according to research firm TrendForce. But a handful can run complex machine-learning tasks and enhance existing AI models. According to an electronics procurement website that listed some 40 sellers of A100s, most were located in the Huaqiangbei electronics area. But listings for A100s could also be found on Alibaba's Taobao e-commerce site, on Xiaohongshu which is similar to Instagram, as well as on Douyin, the Chinese version of TikTok. Alibaba, Xiaohongshu and Douyin-owner ByteDance did not respond to requests for comment. Some of the vendors cautioned that fraud had become common with refurbished chips being passed off as A100s. Nvidia's more advanced H100 chips, only on the market since March, appear much harder to come by. Vinci Chow, a lecturer in economics at the Chinese University of Hong Kong whose department has procured four A100 cards from local vendors for research purposes, said he had been told some packs of eight H100 chips were available for purchase.But only one of the 10 vendors Reuters spoke with said they could procure H100s. The U.S. is likely not too bothered about small transactions of the chips, said Charlie Chai, a Shanghai-based analyst at 86Research. "Only if/when China poses a greater threat following significant catch-ups will we see more strict enforcement," he said. He added the premiums currently commanded by Chinese vendors for A100 and H100 chips could collapse in the future as many of the Chinese AI startups that were driving purchases would eventually withdraw from the market. ($1 = 7.8307 Hong Kong dollars)

94 Replies 11 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@Alpha #decarolis
recently

**__TRIMESTRALI USA DELLA SETTIMANA DI MAGGIOR IMPATTO__** **__Lunedรฌ 24 Ottobre 2022__** Cadence Design (CDNS) Discover (DFS) Alexandria RE (ARE) WR Berkley (WRB) Brown&Brown (BRO) Packaging America (PKG) Zions (ZION) Kirby (KEX) **__Martedรฌ 25 Ottobre 2022__** Alphabet A (GOOGL) Alphabet C (GOOG) Visa A (V) Coca-Cola (KO) Texas Instruments (TXN) United Parcel Service (UPS) NextEra Energy (NEE) Raytheon Technologies (RTX) Lockheed Martin (LMT) Chubb (CB) General Electric (GE) 3M (MMM) Illinois Tool Works (ITW) Sherwin-Williams (SHW) General Motors (GM) Valero Energy (VLO) Archer-Daniels-Midland (ADM) Moodyโ€™s (MCO) Chipotle Mexican Grill (CMG) Centene (CNC) Biogen (BIIB) Kimberly-Clark (KMB) Twitter Inc (TWTR) MSCI (MSCI) PACCAR (PCAR) Halliburton (HAL) Ameriprise Financial (AMP) Corning (GLW) Equity Residential (EQR) Synchrony Financial (SYF) IDEX (IEX) Boston Properties (BXP) Teradyne (TER) Juniper (JNPR) F5 Networks (FFIV) PulteGroup (PHM) Robert Half (RHI) Pentair (PNR) JetBlue (JBLU) **__Mercoledรฌ 26 Ottobre 2022__** Microsoft (MSFT) Meta Platforms (META) Thermo Fisher Scientific (TMO) Bristol-Myers Squibb (BMY) ADP (ADP) Boeing (BA) ServiceNow Inc (NOW) General Dynamics (GD) Waste Management (WM) CME Group (CME) Boston Scientific (BSX) Ford Motor (F) Norfolk Southern (NSC) Oโ€™Reilly Automotive (ORLY) Kraft Heinz (KHC) Amphenol (APH) Hess (HES) KLA Corp (KLAC) Roper Technologies (ROP) Hilton Worldwide (HLT) Enphase (ENPH) IQVIA Holdings (IQV) Cognizant A (CTSH) Old Dominion Freight Line (ODFL) Digital (DLR) Otis Worldwide (OTIS) AvalonBay (AVB) Fortive (FTV) Raymond James Financial (RJF) eBay (EBAY) DTE Energy (DTE) United Rentals (URI) Rollins (ROL) Mid-America Apartment (MAA) Teledyne Technologies (TDY) Align (ALGN) Garmin (GRMN) Cincinnati Financial (CINF) Essex Property (ESS) Tyler Technologies (TYL) Avery Dennison (AVY) UDR (UDR) Everest (RE) VF (VFC) Masco (MAS) Fortune Brands (FBHS) Invesco (IVZ) Ryder System ยฎ **__Giovedรฌ 27 Ottobre 2022__** Apple (AAPL) Amazon.com (AMZN) Mastercard (MA) Merck&Co (MRK) McDonaldโ€™s (MCD) Linde PLC (LIN) Comcast (CMCSA) Honeywell (HON) Intel (INTC) Caterpillar (CAT) S&P Global (SPGI) American Tower (AMT) Gilead (GILD) Northrop Grumman (NOC) Altria (MO) Southern (SO) Fiserv (FISV) Keurig Dr Pepper (KDP) Edwards Lifesciences (EW) L3Harris Technologies (LHX) American Electric Power (AEP) Republic Services (RSG) DexCom (DXCM) Capital One Financial (COF) Arthur J Gallagher (AJG) Newmont Goldcorp (NEM) Xcel Energy (XEL) Warner Bros Discovery (WBD) ResMed (RMD) Baidu (BIDU) Carrier Global (CARR) PG E (PCG) Baxter (BAX) Seagen (SGEN) Willis Towers Watson (WTW) T Rowe (TROW) Weyerhaeuser (WY) CBRE A (CBRE) Hartford (HIG) FirstEnergy (FE) Principal Financial (PFG) Southwest Airlines (LUV) VeriSign (VRSN) Laboratory America (LH) West Pharmaceutical Services (WST) CMS Energy (CMS) Monolithic (MPWR) LKQ (LKQ) Textron (TXT) Kimco (KIM) International Paper (IP) ABIOMED (ABMD) Bio-Rad Labs (BIO) Western Digital (WDC) Stanley Black Decker (SWK) Teleflex (TFX) Eastman Chemical (EMN) BorgWarner (BWA) Allegion PLC (ALLE) AO Smith (AOS) Universal Health Services (UHS) Mohawk Industries (MHK) **__Venerdรฌ 28 Ottobre 2022__** Exxon Mobil (XOM) Chevron (CVX) AbbVie (ABBV) Charter Communications (CHTR) Colgate-Palmolive (CL) Aon (AON) WW Grainger (GWW) Coterra Energy (CTRA) Church&Dwight (CHD) Royal Caribbean Cruises (RCL) Newell Brands (NWL)

52 Replies 7 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Increasing unusual call volume: $LULU $TCRT $LIN $OKTA $WW $AMRN Increasing unusual put volume: $LULU $MPW $PSTG $SSYS $ELY $HCP $DT $ABB $VEEV $OKTA $PCG

45 Replies 11 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Unusually heavy option volume on today's open include $LIN, $JBHT, $MU, $AAL, and $IBM.

79 Replies 11 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Upgrades 6/1: $BPMC $CTT $DHR $ENTA $FINV $FMX $HBCP $HTHT $LIN $NE $PK $VC $VRTX $XYL . Downgrades 6/1: $AOMR $CTT $DIBS $FTS $GDRX $GTES $KOF $LX $MDT $POSH $PTEN $SBSW $SEE $TPX $VLO

149 Replies 11 ๐Ÿ‘ 14 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Upgrades 5/3: $API $ARGX $FIBK $IDA $JAKK $JPM $KOF $LIN $MHK $MMC $MS $SHEN $SIVB $SNDL $TCBK $VRTX . Downgrades 5/3: $AI $CHGG $CHTR $CL $CNP $CVNA $DOCU $ED $EVER $GLMD $K $MTTR $NYCB $PAC $PLAN $SFT $TSN

56 Replies 13 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

577k $LIN @ 302.89

124 Replies 7 ๐Ÿ‘ 12 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Unusually heavy option volume on today's open include $LIN, $NXPI, $VRTX, $NFLX, and $CTXS.

57 Replies 15 ๐Ÿ‘ 14 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

UNUSUALLY HEAVY OPTION VOLUME TODAY: KIMBERLY CLARK $KMB CVS HEALTH $CVS LINDE $LIN PAYPAL $PYPL THE KROGER COMPANY $KR.

102 Replies 12 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Unusually heavy option volume on today's open include $STZ, $LIN, $CF, $HCA, and $AAP.

92 Replies 7 ๐Ÿ‘ 14 ๐Ÿ”ฅ

profile
@QuaidDC #droscrew
recently

https://www.businessinsider.com/judge-approves-sanctions-sidney-powell-lin-wood-over-2020-lawsuit-2021-8

133 Replies 6 ๐Ÿ‘ 11 ๐Ÿ”ฅ

profile
@Pal #droscrew
recently

AVGO TMUS LIN to move to S&P100

63 Replies 6 ๐Ÿ‘ 14 ๐Ÿ”ฅ

profile
@Esse #decarolis
recently

il dubbio รจ ha rotto la trend lin di diversi anni dal top a circa 150 oppure no......

146 Replies 8 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@RedSunCap #droscrew
recently

as well as the 2std lin reg

113 Replies 8 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@CarlosH-carvan #ivtrades
recently

$LIN 280C Mar

133 Replies 15 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@Benlax #droscrew
recently

A 39-year-old tycoon dies Xmas day after reportedly being poisoned by a deputy. Yoozooโ€™s Lin Qi is said to have hoped to create a #China version of โ€œStar Wars.โ€ Shanghai police have a suspect. Talk is ex-film chief Xu Yao put neurotoxin found in puffer fish in Linโ€™s tea or meds.

56 Replies 15 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@EmporosAdmin #Emporos Research
recently

Idk how true it all is, Lin Wood is one of the top defamation lawyers in the country and he said some things.

93 Replies 15 ๐Ÿ‘ 13 ๐Ÿ”ฅ

RO
@robertodeleon7 #Zona Trading
recently

@serhert gracias, si me apoyas con tu opinion como trader en el lin

97 Replies 9 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Upgrades 12/7: $ABEV $ABG $AEGN $AZN $BA $BXG $CFB $COF $FITB $HAL $KL $LIN $LUV $LW $LYFT $PKG $RF $SPR $VOD $ZION

96 Replies 9 ๐Ÿ‘ 12 ๐Ÿ”ฅ

profile
@RedSunCap #droscrew
recently

we are way outside 2std of the lin regression line which means a bounce should come

140 Replies 9 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@CarlosH-carvan #ivtrades
recently

$LIN Sees FY20 Adj. EPS $8.05-$8.10 vs $7.79 Est.

98 Replies 10 ๐Ÿ‘ 7 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Largest $Notional Buy On Close Order Imbalances $TWTR $LIN $DAL $VAR $PLAN $AMT $BMY $ACN $M

103 Replies 7 ๐Ÿ‘ 14 ๐Ÿ”ฅ

profile
@ForexTraderMatthew #camronth
recently

Iโ€™m confident we wil have a link pull back

148 Replies 9 ๐Ÿ‘ 12 ๐Ÿ”ฅ

profile
@ForexTraderMatthew #camronth
recently

high risk . ik a sell off is ganna happen sooner or later . but the link marines do not have a sell button so far . also if SL gets hit or u get margin called IMMEDIATELY RE ENTER . link under $12 idk if it will happen again

44 Replies 8 ๐Ÿ‘ 6 ๐Ÿ”ฅ

profile
@ForexTraderMatthew #camronth
recently

set a buy limit at $8 and $8.20 link will break ATH this week

126 Replies 14 ๐Ÿ‘ 15 ๐Ÿ”ฅ

profile
@ForexTraderMatthew #camronth
recently

honestly this shit probably wonโ€™t get hit

65 Replies 8 ๐Ÿ‘ 14 ๐Ÿ”ฅ

Key Metrics

Market Cap

218.78 B

Beta

0.75

Avg. Volume

1.71 M

Shares Outstanding

484.89 M

Yield

0.28%

Public Float

0

Next Earnings Date

2024-04-25

Next Dividend Date

2024-03-13

Company Information

Linde plc is a global multinational chemical company founded in Germany and, since 2018, domiciled in Ireland and headquartered in the United Kingdom. Linde is the worlds largest industrial gas company by market share and revenue.

Website:

HQ: ,

Related News