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in Tech

Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results

by Editor August 24, 2023, 5:02 am 1.6k Views

Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results

Aerial photo shows the factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Nanjing, Jiangsu province, Aug 1, 2023.

Costfoto | Nurphoto | Getty Images

Semiconductor-related stocks in Asia surged after chipmaker Nvidia posted second-quarter results that beat estimates and issued optimistic guidance for the current period.

Most notably, Nvidia’s performance was driven by its data center business, which includes the A100 and H100 AI…

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