Nvidia shares reach record high after TSMC's strong Q3 sales - Breaking The News

Nvidia shares reach record high after TSMC's strong Q3 sales

17 October

1 min read

Nvidia's stock soared as much as 3.6% on Thursday, setting a new all-time high. The rise follows quarterly solid results from Taiwan Semiconductor Manufacturing Company (TSMC), a significant Nvidia supplier whose shares also surged.

TSMC reported a 39% increase in third-quarter net sales, reaching $23.5 billion. Nvidia, which has been leading the AI boom, remains one of the most closely watched companies in the sector.

After hitting its intraday high, Nvidia was up 2.74% at 9:56 am ET, selling at $139.68.

nvidia semiconductor

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