Asian chip-related stocks surge on AI optimism following Nvidia overnight rally

Asian chip-related stocks surge on AI optimism following Nvidia overnight rally

Asian semiconductor stocks surged following Nvidia’s rise to become the world’s most valuable company, with the company’s market capitalization hitting $3.34 trillion. This surpassed Microsoft, which is now valued at $3.32 trillion. Nvidia’s shares have increased by 174% this year. Taiwan Semiconductor Manufacturing Corporation (TSMC), which produces Nvidia’s high-performance graphics processing units, saw its stock … Read more

Nvidia’s overnight surge boosts chip-related stocks in Asia on AI optimism – NBC New York

In a recent development, Nvidia’s stock saw a significant increase overnight, leading to a boost in chip stocks across Asia. This surge was fueled by growing optimism surrounding the potential benefits of artificial intelligence (AI). The rise in Nvidia’s stock price has prompted a positive response in the Asian market, with other chip stocks experiencing … Read more

Asian chip-related stocks are boosted by Nvidia overnight rally due to AI optimism

Asian chip-related stocks are boosted by Nvidia overnight rally due to AI optimism

Asian semiconductor stocks surged on Wednesday following a rise in Nvidia’s stock price, making it the world’s most valuable company with a market capitalization of $3.34 trillion, surpassing Microsoft. In Taiwan, Taiwan Semiconductor Manufacturing Company (TSMC) and Foxconn saw gains of up to 4.34% and 4.78%, respectively. TSMC manufactures Nvidia’s high-performance graphics processing units for … Read more