Nvidia Stock Surges As TSMC Reports Strong AI Chip Demand Despite ‘Damaging’ Statement From Donald Trump
Nvidia’s stock price climbed roughly 3 percent on Thursday, recovering from a 7 percent plunge the previous day due to geopolitical anxieties triggered by comments from US presidential hopeful Donald Trump. Nvidia’s recent rise coincides with TSMC’s announcement on Thursday that demand for high-end AI chips, which they manufacture for Nvidia, remains strong while supply … Read more
