TSM - Qualcomm Shares Rise Amid Nvidia Strength: What's Going On | Benzinga
Qualcomm Incorporated (NASDAQ:QCOM) shares are moving higher Wednesday afternoon, potentially in sympathy with Nvidia Corp (NASDAQ:NVDA) amid continued AI momentum.
What To Know: Nvidia announced plans to increase its investments in Taiwan, highlighting its strategic partnership with Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and the importance of the local chip supply chain. CEO Jensen Huang, speaking in Taipei, emphasized the company’s plans to build another supercomputer in Taiwan, following the successful ...