Nvidia (NASDAQ: NVDA) relies on one company for its most advanced products, Taiwan Semiconductor Manufacturing (NYSE: TSM). And Taiwan Semiconductor is raising its prices in part because Nvidia is making so much money on AI chips. Travis Hoium covers what we know right now in this video.
*Stock prices used were end-of-day prices of June 18, 2024. The video was published on June 19, 2024.
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Travis Hoium has positions in Apple and Intel. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short August 2024 $35 calls on Intel. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
