TSMC Planning More Fabs in Europe: Taiwan Tech Minister
Shares of Nvidia closed at a new record high, boosting stocks of its Asian suppliers, including TSMC, Foxconn and Samsung as the company's market value grew to the second highest in the world behind Apple.
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00:00Shares in NVIDIA have closed at their highest ever, also boosting the stocks of the chipmaker's
00:06Asian suppliers, including Taiwan's TSMC.
00:09NVIDIA shares closed up 2.4 percent to lift the company's market value to nearly US$3.4
00:15trillion.
00:16It's close to overtaking Apple as the world's most valuable company, a title it briefly
00:22held in June.
00:24NVIDIA has been riding the massive boom in artificial intelligence, but the news comes
00:28as the U.S. considers whether to limit sales of NVIDIA's advanced AI tech to certain countries.