Published on 16 Jan 2025 on Benzinga
Artificial intelligence chip stocks including Nvidia Corp NVDA, Broadcom Inc AVGO, Marvell Technology, Inc MRVL, Advanced Micro Devices, Inc AMD, Qualcomm Inc QCOM, Arm Holdings ARM, and Micron Technology, Inc MU, are trading higher Thursday in sympathy with Taiwan Semiconductor Manufacturing Co’s TSM upbeat quarterly print.
Taiwan Semiconductor is the key contract chipmaker behind Nvidia’s graphics processing units (GPU) and Apple Inc.’s AAPL smartphones.