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Nvidia and Apple supplier TSMC shares pop
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC now anticipates its capital expenditure for this year will pick up to slightly higher than $30 billion, it said during its earnings call. The firm's capex costs edged higher
Nvidia Supplier TSMC Q3 Trumps Estimates On Strong AI Chip Demand, Guides Q4 Above Consensus (UPDATED)
TSMC's earnings came as a welcome relief after ASML spooked AI hardware manufacturers with a lackluster outlook.
TSMC Stock Gains on Earnings Beat. There’s Nothing Wrong With AI Chips.
Taiwan Semiconductor Manufacturing stock was rising after the company posted a big jump in profit and sales for the third quarter, beating analysts’ estimates. It’s a sign of strong demand for artificial-intelligence chips.
TSMC shares pop 10% after quarterly profit soars on AI demand
TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Shares of Taiwan Semiconductor Manufacturing Company jumped more than 10% on Thursday morning after the company reported a 54% hike in net profit in the third quarter.
Chip stocks rally as TSMC forecasts strong AI demand for ‘many years’
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks Thursday.
6h
Looking to Buy Your First AI Stock? This Is the Best Choice (Hint: It's Not Nvidia).
If you're looking for a lower-risk way to get exposure to artificial intelligence, especially if you're buying your first AI ...
2h
Nvidia to win the race to $4 trillion market cap, experts say
Experts say there’s growing confidence Nvidia will be the first Big Tech firm to reach a $4 trillion valuation.
ReadWrite
1d
Nvidia’s shares surge to record high with TSMC acting as a catalyst
Nvidia witnessed its shares soar to a record high on Thursday as investors rallied around the resurgent AI trade, on the back ...
2d
on MSN
Top Stock Movers Now: TSMC, Nvidia, Blackstone, Elevance Health, and More
Major U.S. indexes advanced at midday Thursday as a strong report on demand for artificial intelligence chips boosted the ...
1d
on MSN
Nvidia’s stock sets one record but falls short of another
While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.
1d
Nvidia stock nears a record, AI powers TSMC, and Big Tech goes nuclear: AI news roundup
This week, both Google and Amazon announced deals to support nuclear energy projects. Google and Microsoft (MSFT), which ...
2d
on MSN
Nvidia Stock Hits Another Record High as AI Chip Excitement Returns
Nvidia shares hit another record high Thursday as concerns earlier this week about a softening in the semiconductor market ...
1d
S&P 500 Climbs as Nvidia and TSMC Drive Tech Stock Rally, Retail Data Strong
Chip stocks surge, boosting S&P 500 and Dow Jones to new highs as retail data exceeds expectations. Analysts forecast bullish ...
1d
on MSN
Nvidia stock has another 38% upside amid a 'generational opportunity' in AI, Bank of America says
Nvidia is well placed to provide the tech necessary to develop new AI models, and it's got an edge with big enterprise ...
1d
on MSN
Nvidia might be in the blame game with TSMC over Blackwell chip failures, but that doesn't mean it will go back to Samsung
Tech site The Information (via Business Korea) reports that "during testing of the Blackwell chips in the weeks after Huang's ...
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