Market value of Nvidia and TSMC surges in October on strong AI chip demand

Market value of Nvidia and TSMC surges in October on strong AI chip demand

(Reuters) – Nvidia (NVDA) led a surge in market value among global firms in October, buoyed by unrelenting demand for its new supercomputing artificial intelligence chips as more companies integrate AI into their daily operations. Nvidia’s… Article Source https://finance.yahoo.com/news/market-value-nvidia-tsmc-surges-115731511.html

SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip

SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip

Chey Tae-won, chairman of SK Group, during the SK AI Summit in Seoul, South Korea, on Monday, Nov. 4, 2024. SK Hynix is working with Nvidia to resolve the supply bottleneck, Chey said.  Jean Chung | Bloomberg | Getty Images Shares of SK Hynix… Article Source https://www.cnbc.com/2024/11/04/sk-hynix-shares-rally-after-nvidias-huang-asks-firm-to-speed-up-chip.html

Chip fever has created an $11 billion debt market backed by Nvidia’s AI-enabling GPUs

Chip fever has created an  billion debt market backed by Nvidia’s AI-enabling GPUs

Top Wall Street lenders have created a big debt market back by red-hot Nvidia GPUs. A report from the FT says firms have made billions in loans to companies that use Nvidia chips as collateral. The risk is that… Article Source https://www.businessinsider.com/nvidia-ai-gpu-chips-demand-artificial-intelligence-debt-investing-cloud-2024-11

Nvidia Supplier TSMC To Double Advanced Chip Packaging Capacity As AI Demand From Microsoft, Amazon Soars – Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)

Nvidia Supplier TSMC To Double Advanced Chip Packaging Capacity As AI Demand From Microsoft, Amazon Soars – Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)

Taiwan Semiconductor Mfg. Co. Ltd. TSM is set to double its production capacity for advanced packaging, a move driven by the increasing demand for artificial intelligence chips from major players like Nvidia Corp. NVDA, Microsoft Corp MSFT,… Article Source https://www.benzinga.com/markets/equities/24/11/41706702/nvidia-supplier-tsmc-to-double-advanced-chip-packaging-capacity-as-ai-demand-from-microsoft-amaz