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 Nyheter

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

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: FOX4 - 🏆 289. / 63 Läs mer »