Why TSMC, Texas Instruments, and Qualcomm Stocks Popped
Good news just keeps on pouring in from the tech industry, and it's doing wonders for semiconductor stocks today.
Nvidia shares shot up 24.4% after the company gave strong guidance based on demand for semiconductor chips for artificial intelligence (AI) functions Wednesday evening. Marvell Technology is soaring 27% (as of 10:45 a.m. ET) on its earnings report. And the good news doesn't end there.
This morning, shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) and Texas Instruments (NASDAQ: TXN) are up 3.2% apiece, while (NASDAQ: QCOM) is gaining 3.9% -- and none of those semiconductor companies even reported earnings!
Source Fool.com
Qualcomm Inc. Aktie
142,90 €
-1,50 %
Hohe Buy- und niedrige Sell-Zahlen bei Qualcomm Inc. zeigen ein stark positives Sentiment.
Das Kursziel von 172 € für Qualcomm Inc. impliziert eine deutliche Steigerung um über 20% gegenüber 142.9 €.
