Which Chip Stock to Buy in a Murky September? NVDA or TSM
NVDANvidia(NVDA) ZACKS·2024-09-06 03:45

The advent of artificial intelligence (AI) helped Wall Street’s darling semiconductor stock, NVIDIA Corporation (NVDA) , witness a meteoric rise in the last few years. NVIDIA designs specialized chips and outsources the manufacturing to foundries like Taiwan Semiconductor Manufacturing Company Limited (TSM) , better known as TSMC. So, in a way, these stocks complement each other; they aren’t competitors.The TSMC stock has also seen healthy gains so far this year. However, recently, a couple of factors weigh ...