Nvidia hits record high as chip stocks rally on TSMC's rosy AI …

Oct 17, 2024 · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. News Today's news

CouponFollow Extension

4%
OFF

Nvidia Hits Record High As Chip Stocks Rally On TSMC's Rosy AI …

1 week from now

Oct 17, 2024 · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. News Today's news

yahoo.com

4%
OFF

Nvidia Hits Record High As Chip Stocks Rally On TSMC's Rosy AI …

1 week from now

Oct 17, 2024 · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. Smaller rival AMD gained …

usnews.com

4%
OFF

Nvidia Hits Record High As Chip Stocks Rally On TSMC's Rosy

1 week from now

TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. Smaller rival AMD gained nearly …

newsbreak.com

50%
OFF

Chip Stocks Rally As TSMC Earnings Point To Strong AI Demand

1 week from now

Oct 17, 2024 · TSMC on Thursday morning said net income increased by more than 50% in the third quarter, far exceeding Wall Street’s estimates. CFO Wendell Huang attributed the …

yahoo.com

$141
OFF

Chipmakers Rally, Nvidia Smashes Records On TSMC Blowout

1 week from now

Oct 17, 2024 · NVIDIA Corp. NVDA hit fresh record highs, reaching $141 per share during the morning session. The Nasdaq 100 outperformed major indices, while small caps …

benzinga.com

$26
OFF

Nvidia Supplier Leads Chip Rally Despite Geopolitical Fears

1 week from now

Oct 17, 2024 · It expects sales to be even hotter to close the year, with the company issuing revenue guidance between $26.1 and $26.9 billion for the fourth quarter. That news helped …

fortune.com

2%
OFF

TSMC Shares Hit Record High As AI Demand Boosts Chip Industry

1 week from now

Jun 6, 2024 · The gains follow a rally by shares of Nvidia, a major customer of TSMC's, on Wall Street overnight. Shares of the AI chip maker also hit a record high, rising 5.2% to …

morningstar.com

$149.76
OFF

NVIDIA Hits Record High After Joining Dow, But Retail ... - Stocktwits

1 week from now

Nov 8, 2024 · NVIDIA Corp. hit a new all-time high on Friday after joining the Dow Jones Industrial Average (), replacing chipmaker Intel ().The artificial intelligence behemoth hit $149.76 for the …

stocktwits.com

4%
OFF

Nvidia Hits All-time High, US Chip Stocks Rally After TSMC's Strong …

1 week from now

Oct 17, 2024 · NVDA 2330 AAPL MU. ** Shares of Nvidia NVDA jump nearly 4% to new record and U.S.-listed chip stocks rally on Thurs after Taiwan Semiconductor Manufacturing Co's …

tradingview.com

5%
OFF

AMD Vs. INTC Vs. TSM: Will These Chipmakers Rally As High As …

1 week from now

5 days ago · That’s because AMD currently holds less than 5% of the GPU market share for AI and around 11% of the overall AI market share (including CPUs). AMD is positioning itself for …

nasdaq.com

FAQs about Nvidia hits record high as chip stocks rally on TSMC's rosy AI … Coupon?

Why did Nvidia stock hit a record high?

(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. ...

Does TSMC have a direct read-across to Nvidia?

"Nvidia is one of TSMC's major customers, so there is a direct read-across to the American chip firm in the Taiwanese company's results," said Dan Coatsworth, investment analyst at AJ Bell. Struggling chipmaker Intel's (INTC.O) shares also rose 1%. ...

Why did chip stocks rise Thursday?

Chip stocks rose Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSM), reinvigorated Wall Street’s AI enthusiasm with better-than-expected quarterly results and a rosy financial outlook. The PHLX Semiconductor Index (SOX) advanced about 2% on Thursday morning, led by TSMC, up 12%. ...

Why did TSMC stock rise 11%?

U.S.-listed TSMC shares rose more than 11%, lifting the company's market capitalization above $1 trillion. The forecast from the leading producer of advanced AI chips reinforced investor confidence in the outlook for chipmakers whose market values have skyrocketed in the past two years due to a surge in chip spending by Big Tech. ...

Did Nvidia stock NVDA notch a new record close on Thursday?

That sparked a rally in some AI stocks on Thursday, though Nvidia shares NVDA pared gains and failed to notch a new record close, despite having been on track for one earlier in the day. The stock’s current closing high is $138.07, hit on Monday, but Nvidia ended at $136.93 on Thursday. Already a subscriber? Sign In ...

Does TSMC control the chip market?

TSMC controls roughly 90% of the market for advanced chip manufacturing. Another impressive round of earnings results from Taiwan Semiconductor Manufacturing Company sparked a broad chip stock rally Thursday morning. ...