Previous close | 0.0500 |
Open | 0.0300 |
Bid | 0.0100 |
Ask | 0.1500 |
Strike | 125.00 |
Expiry date | 2024-05-31 |
Day's range | 0.0300 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | 352 |
Shares of Taiwan Semiconductor Manufacturing Company (TSM) are rising on Thursday morning after the company forecasted a 10% revenue growth in the global semiconductor industry for the year. The company also estimated sales in its current second quarter could rise as much as 30% due to demand for semiconductors used in AI. Yahoo Finance anchors Brad Smith and Seana Smith break down the latest developments for Taiwan Semiconductor and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Tech stocks looked set for a strong start to the day as Nvidia’s earnings reignited the sector’s rally.
On Thursday, Taiwanese contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) projected a 10% annual revenue growth in the global semiconductor industry, excluding memory chips. "This is a new golden age of opportunity with artificial intelligence applications (AI)," Reuters quoted SVP Cliff Hou as saying at an event in Hsinchu. In April, the key supplier of Nvidia Corp (NASDAQ:NVDA) and Apple Inc (NASDAQ:AAPL) slashed its outlook for the global semiconductor industry, excluding mem