positive
Asian chipmakers climb after Nvidia posts strong quarterly earnings and upbeat guidance
Asian semiconductor stocks advanced on Thursday after Nvidia reported a strong third quarter and issued a better-than expected fourth quarter revenue outlook, easing concerns over a possible AI-driven market bubble. SK Hynix gained nearly 2%, while Samsung Electronics rose more than 5% as both remain key suppliers of high-bandwidth memory used in Nvidia’s AI platforms.
Taiwan Semiconductor Manufacturing Company added over 4%, and Foxconn climbed 3.28% in Taipei.
Companies:
- Nvidia
- SK Hynix
- Samsung Electronics
- TSMC
- Foxconn
- Renesas
- Tokyo Electron
- Lasertec
- SoftBank
Tags:
- nvidia
- chips
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Explore:Mutual Fund Themes
positive
Asian chipmakers climb after Nvidia posts strong quarterly earnings and upbeat guidance
Asian semiconductor stocks advanced on Thursday after Nvidia reported a strong third quarter and issued a better-than expected fourth quarter revenue outlook, easing concerns over a possible AI-driven market bubble. SK Hynix gained nearly 2%, while Samsung Electronics rose more than 5% as both remain key suppliers of high-bandwidth memory used in Nvidia’s AI platforms.
Taiwan Semiconductor Manufacturing Company added over 4%, and Foxconn climbed 3.28% in Taipei.
Companies:
- Nvidia
- SK Hynix
- Samsung Electronics
- TSMC
- Foxconn
- Renesas
- Tokyo Electron
- Lasertec
- SoftBank
Tags:
- nvidia
- chips
Related:
Explore:Mutual Fund Themes
Breaking
positive
Asian chipmakers climb after Nvidia posts strong quarterly earnings and upbeat guidance
1 min read
67 words
Asian chip stocks advanced after Nvidia’s strong results and guidance, lifting key suppliers including SK Hynix, Samsung, TSMC, Foxconn, Renesas, Tokyo Electron and Lasertec.
Asian semiconductor stocks advanced on Thursday after Nvidia reported a strong third quarter and issued a better-than expected fourth quarter revenue outlook, easing concerns over a possible AI-driven market bubble. SK Hynix gained nearly 2%, while Samsung Electronics rose more than 5% as both remain key suppliers of high-bandwidth memory used in Nvidia’s AI platforms.
Taiwan Semiconductor Manufacturing Company added over 4%, and Foxconn climbed 3.28% in Taipei.
Asian semiconductor stocks advanced on Thursday after Nvidia reported a strong third quarter and issued a better-than expected fourth quarter revenue outlook, easing concerns over a possible AI-driven market bubble. SK Hynix gained nearly 2%, while Samsung Electronics rose more than 5% as both remain key suppliers of high-bandwidth memory used in Nvidia’s AI platforms.
Taiwan Semiconductor Manufacturing Company added over 4%, and Foxconn climbed 3.28% in Taipei.
Companies:
- Nvidia
- SK Hynix
- Samsung Electronics
- TSMC
- Foxconn
- Renesas
- Tokyo Electron
- Lasertec
- SoftBank
Tags:
- nvidia
- chips
- nvidia
- chips
- asia
- semiconductors
- markets
Related: