TECH - What's Going On With Nvidia And AMD Semiconductor Stocks On Friday? | Benzinga
The semiconductor industry, led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD), saw a redemption after a Thursday pullback, reflecting an unabated artificial intelligence frenzy.
Meanwhile, key contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) won government approval for an additional $10.26 billion to finance the construction of its second fab in Kumamoto, Japan, and a second fab in Arizona using advanced process technologies.
TSMC's second Arizona fab will upgrade its process technology to 2 nanometers, and the second Kumamoto fab will produce chips ranging from 6-nanometer to 40-nanometer processes.
The semiconductor industry had a fruitful week, ...