Shares of graphics chipmaker Nvidia (NASDAQ: NVDA) were up slightly on the day, rising 0.6% as of 2:09 p.m. ET after rallying as much as 2% in early trading, defying the broader technology sector that is down slightly on the day. Nvidia bounced after a terrible month in which several new headwinds came to the fore. According to Taiwanese business journal UDN, Nvidia has reportedly asked its foundry partner Taiwan Semiconductor Manufacturing (NYSE: TSM) to rush production of A100 and H100 chips so that it can sell these lucrative high-end chips to Chinese customers before restrictions take effect. Read More...
Shares of graphics chipmaker Nvidia (NASDAQ: NVDA) were up slightly on the day, rising 0.6% as of 2:09 p.m. ET after rallying as much as 2% in early trading, defying the broader technology sector that is down slightly on the day. Nvidia bounced after a terrible month in which several new headwinds came to the fore. According to Taiwanese business journal UDN, Nvidia has reportedly asked its foundry partner Taiwan Semiconductor Manufacturing (NYSE: TSM) to rush production of A100 and H100 chips so that it can sell these lucrative high-end chips to Chinese customers before restrictions take effect.
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