Reported 7 months ago
Nvidia Corp (NASDAQ:NVDA) is trading higher as the company, along with Apple Inc (NASDAQ:AAPL), Qualcomm Inc (NASDAQ:QCOM), and Advanced Micro Devices, Inc (NASDAQ:AMD), has reserved TSMC 3nm chip production until 2026. TSMC plans to enhance 3nm production capacity by converting 5nm equipment, potentially producing 120,000 to 180,000 units monthly. The U.S. government contemplates adding Russia to the semiconductor embargo list due to trade relations with China. Nvidia stock has gained over 205% in the last year and can be accessed through Vanguard Total Stock Market ETF (NYSE:VTI) and Vanguard Growth ETF (NYSE:VUG). NVDA shares were up 3.32% premarket.
Source: YAHOO