Reported 11 months ago
Nvidia Corporation announced plans to increase investments and emphasize partnerships in Taiwan, particularly with Taiwan Semiconductor Manufacturing Co. CEO Jensen Huang praised TSMC's technology and flexibility. Nvidia intends to construct another supercomputer in Taiwan amidst geopolitical uncertainties. Huang also mentioned interest in evaluating Intel Corp as a potential chipmaking service provider. TSMC is considering a price hike for AI chip production services, coinciding with Nvidia's premium pricing strategy. Nvidia's stock rose 2.96% to $1,198 as analysts foresee AI benefits from recent events and collaborations, including potential hardware purchases by Tesla from Nvidia.
Source: YAHOO