{
Taiwan Semiconductor Manufacturing Corp

Companies

}
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asian chip stocks decline as nvidia's revenue growth slows

Asian semiconductor stocks fell sharply following Nvidia's earnings report, which, despite exceeding expectations, revealed a slowdown in revenue growth. Nvidia's forecast of $37.5 billion for the current quarter, while above analyst predictions, indicates a significant decline from previous growth rates, prompting concerns among investors. Stocks of key suppliers like Advantest and Taiwan Semiconductor Manufacturing Corp also experienced declines, reflecting the broader market sentiment.
CNBC
United States Dollar NVIDIA Corporation Taiwan Semiconductor Manufacturing Corp Hon Hai Precision Industry Samsung Electronics SK Hynix SoftBank Group Corp. USA KOR MEX TWN JPN Daniel Newman Anwiti Bahuguna Show more
Technology & Innovation, Market Report
05:30 21.11.2024

asml shares drop highlights semiconductor industry struggles and performance gap

ASML's market value has plummeted by over €60 billion following disappointing earnings, triggering a sell-off in the semiconductor sector. While AI chipmakers like Nvidia thrive, traditional manufacturers such as Intel and Samsung face financial struggles, prompting analysts to predict a continued performance gap until at least 2025. Investors are now closely watching TSMC's upcoming results for further insights into the industry's health.
Business AM
Euro Taiwan Semiconductor Manufacturing Corp NVIDIA Corporation ASML Holding N.V. Intel Corporation Samsung Electronics Co Apple Inc. NLD Show more
Finance & Economy, Market Report
22:16 16.10.2024
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