Third Point Boosts Position in Nvidia, Takes New Stakes in Mr Cooper and Meta

Third Point LLC disclosed its Q2 2022 holdings, with new buys including Mr Cooper, Meta, Comfort Systems, Danaher, and Workday. The firm exited positions in EQT Corp, AT&T, Hess, Pinterest, and Seadrill, and increased stakes in Nvidia, Capital One, Amazon, Vistra, and Talen Energy. Top holdings as of June 30 were PG&E, Amazon, Nvidia, Capital One, and TSMC.

Comfort Systems USA (FIX) recently declared a dividend of $0.500 per share, with an ex-dividend date set for August 14, 2025, and a dividend payment date on August 25, 2025. This dividend announcement was made on July 24, 2025. Compared to the average of the last ten dividends, which stands at $0.096, this current dividend is significantly higher. The last dividend issued by the company was $0.450 per share on May 27, 2025. Both dividends are classified as cash dividends.

Recent developments have brought Comfort Systems USA into focus, notably due to significant insider selling. Over the past week, the company has surged by 1,219% over five years, despite insider sales totaling $78 million by the CEO and board members over the last two years. Analysts have highlighted these insider activities, suggesting they could impact investor sentiment and market performance.

In addition, Comfort Systems USA reported record-breaking revenue in its Q2 2025 financial results, exceeding $2 billion, representing a 75% increase. The robust financial health and substantial growth have attracted attention from analysts, who have maintained optimistic evaluations of the company's trajectory. However, as of late, Comfort Systems USA trades at a premium compared to peers, which may limit its upside potential according to some analysts.

Since the last update, there has been notable trading activity within Comfort Systems USA, with a trading volume of $0.26 billion, marking a 46.79% increase from the previous day and ranking 374th in market activity. Although the stock closed 0.38% lower, this mixed performance has sparked discussions among market watchers regarding its future direction.

In conclusion, Comfort Systems USA's upcoming ex-dividend date on August 14, 2025, marks the last opportunity for investors to purchase shares and receive the dividend payout. Any acquisitions after this date will not qualify for this particular dividend distribution.

Separately, Nvidia's Rubin GPU, its next-generation graphics processing unit, may face a delay in production due to a redesign, according to Taiwanese financial services firm Fubon Financial. The delay is expected to impact Nvidia's production ramp at TSMC, a leading chipmaker. The redesign is aimed at enhancing Rubin's competitiveness against AMD's upcoming MI450 GPU. Analyst Sherman Shang expects the revised version of Rubin to be finalized by late September or October, potentially reducing production volumes in 2026 [1].

Originally scheduled for mass production in late 2025, Rubin's redesign could push back its retail availability to early 2027. The delay is significant, as it impacts Nvidia's production ramp at TSMC, a leading chipmaker. The semiconductor industry is currently facing intense competition for advanced packaging capacity, with AMD and Broadcom (AVGO) being the fastest-growing customers for TSMC's CoWoS (Chip-on-Wafer-on-Substrate) technology [2].

While Nvidia still leads with a 51.4% share in 2025, its share is projected to dip slightly to 50.1% in 2026. Meanwhile, Broadcom and AMD's shares are expected to climb to 17.4% and 9.2%, respectively. The delay in Rubin's production could have significant implications for Nvidia's AI and high-performance computing (HPC) offerings [3].

Nvidia's current Blackwell GPU line continues to see impressive growth, with shipments projected to reach 1.5 million and 1.6 million units in Q3 and Q4 2025, respectively. However, the competition for advanced packaging capacity is intensifying, with TSMC prioritizing AI and HPC-driven wafer production [4].

The delay in Rubin's production could impact Nvidia's ability to meet the growing demand for advanced AI and HPC solutions. However, TSMC's strategic positioning and operational efficiency ensure that it remains well-equipped to navigate these challenges and maintain its leadership in the semiconductor industry [5].

References:
[1] https://www.tipranks.com/news/nvidias-nvda-rubin-gpus-may-face-production-delays-due-to-a-redesign
[2] https://www.ainvest.com/news/nvidia-rubin-gpu-face-delay-due-redesign-tsmc-2508/
[3] https://seekingalpha.com/news/4484750-nvidias-rubin-its-next-gen-gpu-faces-possible-delay-due-to-redesign-fubon