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    • Taiwan Semiconductor Manufacturing Company

    Nvidia stock closes at a high as Wall Street eyes AI demand
    Frisco

    Nvidia stock closes at a high as Wall Street eyes AI demand

    Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, DCphoto: Chip Somodevilla (Getty Images) In this story Nvidia (NVDA+4.08%) closed at a record high on Monday as Wall Street awaits Big Tech’s November earnings…

    Posted on Bronwen Cerys
    Chip stocks rally as TSMC forecasts strong AI demand for “many years.”
    Frisco

    Chip stocks rally as TSMC forecasts strong AI demand for “many years.”

    Optimism about AI demand in Taiwan Semiconductor Manufacturing Company’s (TSM) stunning third-quarter earnings boosted chip stocks on Thursday. TSMC reported quarterly profit of 325.3 billion new Taiwan dollars ($10.1 billion), up 54% from a year earlier, beating Wall Street forecasts….

    Posted on Bronwen Cerys
    Nasdaq gets off to a bumpy start in September as Nvidia sell-off continues
    Enterprise

    Nasdaq gets off to a bumpy start in September as Nvidia sell-off continues

    U.S. stocks fell on Tuesday, marking a historically difficult month for markets, with AI darling Nvidia (NVDA) and chip stocks dragging tech stocks lower. Meanwhile, attention turned to a week of economic and labor market data, led by a key…

    Posted on Idris Bevan
    Rally in technology stocks gives emerging stocks their best week in four months
    Alabama

    Rally in technology stocks gives emerging stocks their best week in four months

    (Bloomberg) — Emerging market stocks rose as traders grew increasingly optimistic that the U.S. economy can avoid a recession while expecting the Federal Reserve to begin cutting interest rates next month, which should give riskier assets a boost. Most read…

    Posted on Idris Bevan

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