What's Going On With Nvidia, AMD Stocks On Wednesday?
AMDAMD(AMD) Benzinga·2024-07-11 01:07

Loading...Loading...Artificial intelligence chip stocks led by Nvidia Corp NVDA and Advanced Micro Devices, Inc AMD are trading higher Wednesday after leading contract chipmaker Taiwan Semiconductor Manufacturing Co TSM reported June revenue growth of 33% year-on-year. The preliminary second-quarter revenue grew 32% Y/Y. Taiwan Semiconductor’s revenue growth bears testimony to the continued AI frenzy.Analysts touted Nvidia as the primary AI beneficiary, followed by AMD.Also Read: Nvidia Absent At China’s AI ...