Nvidia, Other Chip Stocks Gain
Nvidia’s stock tracks toward record as TSMC sees AI chip market still booming
All members of the PHLX Semiconductor Index were in positive territory Thursday as TSMC offered upbeat commentary on the sector.
Nvidia, Other Chip Stocks Gain After TSMC Touts 'Insane' AI Demand
Shares in Nvidia, Advanced Micro Devices, Micron and other semiconductor companies gained, after solid earnings from the world's largest contract chip maker. Taiwan Semiconductor Manufacturing reassur
TSMC Profit Beats Estimates Amid AI Chip Boom
TSMC posted a better-than-projected 54% rise in quarterly earnings. The company reported September-quarter net profit of NT$325.3 billion ($10.1 billion), versus an average estimate for NT$299.3 billion.
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications.
TSMC profits jump 54% on back of AI chip boom
Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, has further raised its growth outlook on the back of an artificial intelligence boom and a broad-based recovery in other sectors,
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.
TSMC's third-quarter profit handily beats forecasts on AI boom
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, reported on Thursday a forecast-beating 54% jump in third-quarter profit on the back of soaring demand.
Billionaire Philippe Laffont Continues to Buy This Artificial Intelligence (AI) Semiconductor Company (Hint: Not Nvidia)
Philippe Laffont's hedge fund, Coatue Management, has been scooping up shares of Taiwan Semiconductor for several consecutive ...
Nvidia just dropped a new AI model that crushes OpenAI’s GPT-4—no big launch, just big results
Nvidia quietly launched a groundbreaking AI model that surpasses OpenAI’s GPT-4 and Anthropic’s Claude 3.5, signaling a major ...
Nvidia CEO - AI could be the largest technological leap we’ve ever seen
Speaking at Lenovo Tech World 2024 in conversation alongside Lenovo Chairman and Chief Executive Officer Yuanqing Yang, Huang ...
Billionaire investor Stanley Druckenmiller says he regrets selling his entire Nvidia stake, and is looking to buy again
"Were the price to come down we get involved again, but right now I'm licking my wounds from a bad sale there." ...
ReadWrite12m
Nvidia lands impact with quiet launch of Nemotron AI model
Nvidia quietly launched a new artificial intelligence model, Nemotron, and early benchmark tests reveal it's outperforming ...
Down 5%, What's Happening With Nvidia Stock?
The selloff follows an earnings report by chip manufacturing equipment supplier ASML which indicated weaker-than-expected ...
24/7 Wall St1h
Prediction: 3 Boring Stocks That'll Be Worth More Than Nvidia by 2030
While Nvidia stock looks like it may have plateaued, here are three less exciting stocks that could be worth more than it by ...
AMD Launches New Artificial Intelligence (AI) Chips: Should Nvidia Investors Be Worried?
AMD is trying to make a dent in the AI graphics card market, but will it be able to eat into Nvidia's market share?
An AI Robot Trader Dumped AI Chip King Nvidia. What It Picked Instead.
Meanwhile, its other large-cap fund (QRAFT), which isn’t geared toward momentum stocks, has zero exposure to the chip maker.
Nvidia, the AI chipmaker, just hit another record high
Nvidia shares hit a record high on Monday, closing at $138.07 as Wall Street anticipates earnings updates from Microsoft, ...
Here's My Top Artificial Intelligence (AI) Stock for Dividend Investors
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, ...
TSMC Stock Jumps on AI-Fueled Earnings Surge
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted ...