Taiwan Semiconductor Manufacturing increasing prices due to Nvidia's success with AI chips.

From Nasdaq: 2024-06-21 05:30:00

Nvidia is highly dependent on Taiwan Semiconductor Manufacturing for its advanced products, as Taiwan Semiconductor is increasing prices due to Nvidia’s success with AI chips. Stock prices as of June 18, 2024, were considered in this analysis.

The Motley Fool Stock Advisor team did not include Taiwan Semiconductor Manufacturing in their list of top 10 stocks to buy now. Nvidia, on a previous list, showed astounding returns for investors who invested $1,000. Stock Advisor has outperformed S&P 500 since 2002.

Travis Hoium, who has positions in tech giants like Apple and Intel, discloses affiliations and recommendations, including with Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool advises on stock options and may receive compensation for promoting services, maintaining independent opinions despite affiliations.



Read more at Nasdaq: Forget Nvidia — This Is AI’s Hidden Winner