Nvidia Falls Over 3% Pre-Market, Impacting TSMC (TSM)

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Nov 21, 2024
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Nvidia, a leading semiconductor company, experienced a decline of over 3% in pre-market trading. This drop influenced Taiwan Semiconductor Manufacturing Company (TSMC), with its U.S.-listed shares falling by 1.78% to $185.

In recent financial results, Nvidia reported third-quarter revenue of $35.1 billion and net profit growth of 109% year-over-year. Although Nvidia's forecast for the fourth fiscal quarter exceeded the average analyst expectations, it did not reach the highest projections.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.