Nvidia Stock Gains. Taiwan Semi Had Good News for the Chip Maker.
From Dow Jones & Company.: 2024-05-10 10:03:00
Nvidia stock rose 1.5% after positive sales report from Taiwan Semiconductor Manufacturing. TSMC revenue in April surged 60% YoY. AMD rose 1.7%, Intel up 0.5%. Nvidia’s next catalyst is earnings report on May 22. Analysts speculate on unofficial growth estimates. Nvidia shares up 79% YTD, outperforming S&P 500 and Nasdaq.
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