Nvidia rose on the first trading day in June, close to the all-time high of 1158.19 while a 10-for-1 stock split will become effective Friday. On Friday, shares fell even though Dell's Chief Operating Officer Jeffrey Clarke made note of Nvidia's dominance in the artificial intelligence server market. On Tuesday, Nvidia shares soared above the 1,100 level for the first time after Tesla CEO Elon Musk indicated the AI chip leader would be a supplier for his AI startup xAI. Read More...
What’s Going On With Taiwan Semiconductor Stock On Monday?
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) CEO C.C. Wei will assume the role of chairman, succeeding Mark Liu, who is retiring. Wei has led TSMC since 2018, navigating significant growth and challenges. Under Wei’s leadership, TSMC’s market value nearly tripled, and revenue and net profit more than doubled. The company has invested heavily in R&D and capital expenditure, tripling its spending to maintain its edge against competitors like Intel Corp (NASDAQ:INTC) and Samsung Electronics Co,
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