TSMC jumps 5% after Nvidia's chip-collab report - Breaking The News

TSMC jumps 5% after Nvidia's chip-collab report

4 March

1 min read

PA-EFE/DAVID CHANG

New York Stock Exchange's shares of Taiwan Semiconductor Manufacturing Co. (TSMC) soared on Monday after Taiwanese finance newspaper Commercial Times reported that Nvidia's upcoming H200 Tensor Core GPU and Blackwell B100 GPUs will use TSMC's 4nm and 3nm chips, respectively.

TSMC's stocks jumped 5.29% at 10:37 am ET to sell for $140.98 apiece.

nvidia semiconductor tsmc

Related Stocks

Taiwan Semiconduc...

NVIDIA Corporation

Nvidia CEO praises Trump's 'great' policies

21 hours ago

Nvidia Chief Executive Officer Jensen Huang thanked United States President Donald Trump for his "progressive, growth and industry-oriented policy" during the "Invest in America" event at the White House. "We now have the backing of the administration, the backing of President Trump, to support the creation of a whole new industry," Huang said. "What we now call the AI infrastructure is going to revolutionize every industry that we know," he stressed. Huang...

Nvidia: China is right behind us in AI, US can build chips at home

30 April

Nvidia Chief Executive Officer Jensen Huang told CNBC on Wednesday he is "certain" the US can manufacture chips domestically using its own resources. He said building $500 billion worth of AI infrastructure will demand major investments from multiple partners."China is not behind (in terms of AI development). China is right behind us. I mean, they're very, very close. But remember, this is a long-term, this is an infinite race," Huang warned, stressing the need for...

ECA warns EU may miss 2030 microchip goal

28 April

The European Court of Auditors (ECA) warned on Monday that the EU is falling behind in the global microchip race. According to the ECA, the goal of capturing 20% of the global microchip market by 2030 is highly unlikely to be achieved. Challenges such as limited access to raw materials, high energy costs, and geopolitical tensions further complicate the situation. Despite the 2022 EU Chips Act, which aimed to boost the sector, the ECA believes...

Nvidia stock falls 4% as Huawei unveils new AI chip

28 April

Nvidia shares fell 4% on Monday as the company faces fresh competition from China's Huawei Technologies in the artificial intelligence chip sector. According to a previous report by The Wall Street Journal, Huawei is reportedly testing its new Ascend 910D chip, aiming to surpass Nvidia's H100. Huawei has already started delivering its Ascend 910B and 910C chips to major Chinese tech players, including ByteDance. After reaching its intraday low, Nvidia's...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.