Shares of supplier TSMC, chip equipment maker ASML fall ahead of Nvidia’s earnings report
Shares of two critical chip firms TSMC and ASML fell ahead of U.S.-based artificial intelligence chip designer Nvidia’s
earnings report.
earnings report.
Nvidia is set to report its fourth-quarter earnings after the U.S. market closes Wednesday. Wall Street will parse commentary from Nvidia CEO Jensen Huang for an indication of how long the company’s massive growth can last.
Shares of Taiwan Semiconductor Manufacturing Company
dropped more than 1% on Wednesday morning. TSMC, which is the world’s largest producer of advanced processors, manufactures chips for companies such as Nvidia $NVIDIA(NVDA.US$ and Apple $Apple(AAPL.US$ .
dropped more than 1% on Wednesday morning. TSMC, which is the world’s largest producer of advanced processors, manufactures chips for companies such as Nvidia $NVIDIA(NVDA.US$ and Apple $Apple(AAPL.US$ .
Nasdaq-listed shares of Dutch semiconductor equipment maker ASML $ASML Holding(ASML.US$ closed 2.09% lower on Tuesday. ASML supplies the likes of TSMC with machines that are critical to manufacturing chips. That includes the extreme ultraviolet lithography machine which is used to make the most advanced chips in the world, like the ones that go into an Apple iPhone.
Other Taiwanese semiconductor companies United Microelectronics Corp
$United Microelectronics(UMC.US$ . and MediaTek slipped 0.91% and 0.31% respectively on Wednesday. $Taiwan Semiconductor(TSM.US$
$United Microelectronics(UMC.US$ . and MediaTek slipped 0.91% and 0.31% respectively on Wednesday. $Taiwan Semiconductor(TSM.US$
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