News Formal

As all eyes focus on Nvidia's earnings, its main supplier is set to cash in if results are strong

  • 📰 CNBC
  • ⏱ Reading Time:
  • 2 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 72%

Investment Strategy News

Stock Markets,NVIDIA Corp,Taiwan Semiconductor Manufacturing Co Ltd

An even better trading opportunity may come in Taiwan Semiconductor Manufacturing Company.

Nvidia is not the only stock that could cash in big on its earnings when results are reported Wednesday after the bell, according to Morgan Stanley. Its supplier Taiwan Semiconductor Manufacturing Company could get a boost if Nvidia's latest quarter, as well as its forward guidance, continue to suggest a strong outlook for chips that power artificial intelligence applications, analysts led by Charlie Chan wrote Sunday.

mountain Nvidia

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Texas Instruments gets $1.6B investment to expand semiconductor manufacturingThe US Department of Commerce announced a $1.6 billion investment to help Texas Instruments expand its production of semiconductors. Once fully online, TI's Sherman facilities will be responsible for producing more than 100 million chips daily.
Source: FOX4 - 🏆 289. / 63 Read more »