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Benzinga

Business

Anusuya Lahiri

BIZARRE: What s going on with taiwan semiconductor stock friday - What They Never Told You

Taiwan Semiconductor Semiconductor Nvidia United States Marvell Marvell Technology MRVL NVDA Taiwan Semiconductor Manufacturing Co Taiwan Semiconductor Manufacturing Company

Taiwan Semiconductor Manufacturing Co.

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) shares were in focus on Friday after key clients Nvidia (NASDAQ:NVDA) and Marvell Technology (NASDAQ:MRVL) reported strong quarterly earnings powered by AI chip demand.

Nvidia's quarterly revenue surged 56% to $46.74 billion, driven largely by its Data Center division and demand for Blackwell AI processors. "The AI race is on, and Blackwell is the platform at its center," CEO Jensen Huang said.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Italy to deploy 500 troops to Milan after days of protests and looting

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