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Nvidia's Earnings Soar, Beating Expectations in Q3 2023

Nvidia’s Earnings Soar, Beating Expectations in Q3 2023

Nvidia’s shares experienced a 1% drop in extended trading on Tuesday despite reporting fiscal third-quarter results that significantly exceeded Wall Street predictions. This decline in Nvidia’s stock reflects investor apprehension about the potential impact of upcoming export restrictions on sales

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TSMC Sees AI Accelerator Sales Soaring by 50% Annually

TSMC Sees AI Accelerator Sales Soaring by 50% Annually

TSMC projects that revenue from AI accelerators will increase by 50% yearly over the next five years after doubling this year. On Thursday, amid ongoing geopolitical and macroeconomic uncertainty, Taiwan Semiconductor Manufacturing reduced its full-year outlook for the semiconductor industry.

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