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Why Nvidia, AMD, Intel, and Other Semiconductor Stocks Jumped on Thursday

Inflation numbers were just one of the many news items affecting the semiconductor industry.

By Jose Najarro – Nov 11, 2022 at 7:00AM EST

Today's video focuses on the semiconductor industry and the bullish news in the semiconductor manufacturing sector. Taiwan Semiconductor Manufacturing (TSM 0.83%) recently shared October 2022 revenue growth, which is up 56% year over year. The strength of TSM and recent inflation numbers are some reasons why Nvidia (NVDA +0.87%) and other semiconductor stocks were up on Thursday. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Nov. 10, 2022. The video was published on Nov. 10, 2022.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Jose Najarro 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.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$177.28
(+0.87%)+$1.53
Taiwan Semiconductor Manufacturing Stock Quote
Taiwan Semiconductor Manufacturing
NYSE: TSM
$338.65
(-0.83%)-$2.84

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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