Taiwan Semi Eyes AI Chip Price Hike: Market Impact on Nvidia and AMD
Tuesday, 4 June 2024, 20:01
Impact of Taiwan Semi's Price Hike on Tech Giants
Chip stocks such as Nvidia and AMD are facing increased costs as Taiwan Semiconductor looks to elevate prices for AI chip production services.
Market Reaction and Key Players
- Nvidia Corp (NVDA), Advanced Micro Devices, Inc (AMD), Qualcomm Inc (QCOM), and others are experiencing stock declines in response to the news.
- Taiwan Semiconductor Manufacturing Co (TSMC) also saw a drop in its stock value post-announcement.
U.S. Big Tech companies such as Microsoft are also impacted by these market shifts, reflecting the wider consequences of the impending AI chip price rises on the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.