Chip stocks, including NVDA, AMD, QCOM, ARM, and Big Tech stocks like MSFT, META, GOOGL, AAPL, and AMZN, are trading lower due to TSMC's plans to raise AI chip production prices.
Chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), Micron Technology, Inc (NASDAQ:MU) and Arm Holdings Plc (NASDAQ:ARM) were trading lower Tuesday amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plans to boost the price of its AI chip production services. TSMC stock also traded lower on Tuesday. U.S. Big Tech stocks harboring AI ambitions are also trading lower Tuesday, including Microsoft Corp (NASDAQ:MSFT), Met
COMPUTEX 2024 is a global high-technology exhibition from June 4th to 7th at the Nangang Exhibition Center in Taipei. This year, Clientron will be showcasing its latest products and solutions across three main product lines: "Secure Thin Client Solution," "Smart Cockpit of Electric Vehicle," and "Smart Retail POS System" to comprehensively demonstrate its product development and innovations over the years.
Nvidia CEO Jensen Huang posted a $9.6 billion increase in his net worth Thursday. The increase coincided with the chip maker s stock seeing a jump of its own.