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. ... Nvidia hits record high …

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

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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. ... Nvidia hits record high …

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

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Oct 17, 2024 · TSMC's U.S.-listed shares have doubled this year, while Nvidia has surged 180%, as investors pour billions of dollars into chip stocks amid Wall Street's booming picks-and …

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Nvidia Hits Record High As Chip Stocks Rally On TSMC

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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 …

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TSMC Becomes $1 Trillion Company Thanks To ‘Insane’ AI …

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Oct 17, 2024 · The TSMC-led chip stock rally comes just two days after earnings from another non-U.S. titan in the industry, Dutch firm ASML, caused a selloff as it warned of “less gradual” …

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Chipmakers Rally, Nvidia Smashes Records On TSMC Blowout

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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 …

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Chip Stocks Rally As TSMC Forecasts Strong AI Demand For 'many …

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Oct 17, 2024 · AI chipmaker Nvidia rose as much as 3%, at one point touching an all-time intraday high, as investors responded to TSMC's positive sentiment about artificial intelligence.

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

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Oct 18, 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.

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

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Oct 17, 2024 · ** 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 2330 Q3 profit beat …

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TSMC Shares Hit Record High As AI Demand Boosts Chip Industry

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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 …

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

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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 …

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

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4 days ago · The average AMD stock price target is $187.04, implying a more than 34.3% upside potential.See more AMD analyst ratingsIntel: It’s Losing OutIntel has largely missed out on the …

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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. ...

Why did chip stocks rally Thursday?

Chip stocks rallied Thursday as the Taiwanese manufacturing partner for American artificial intelligence stalwart Nvidia reported blowout earnings, scoring a trillion-dollar valuation for the Asian firm as the generative AI bonanza continues to inspire new records on Wall Street. The lobby of the TSMC facility in Phoenix last year. ...

Why did TSMC's chip stock rally?

The TSMC-led chip stock rally comes just two days after earnings from another non-U.S. titan in the industry, Dutch firm ASML, caused a selloff as it warned of “less gradual” demand growth for its manufacturing technology, a warning seemingly rendered less relevant for the industry by TSMC’s bumper earnings. ...

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 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. ...

Why did chipmaker stocks rise 3% on Thursday?

Several chipmaker stocks rallied on Thursday amid optimism over AI demand in Taiwan Semiconductor Manufacturing Company's (TSM) blowout third quarter earnings. AI chipmaker Nvidia (NVDA) rose as much as 3%, at one point touching an all-time intraday high, as investors responded to TSMC's positive sentiment about artificial intelligence. ...