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

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

NASDAQ: NVDA

Nvidia

Market Cap

$1,992B

Today's Change

(3.71%) $29.55

Current Price

$826.32

Price as of April 25, 2024, 4:00 p.m. ET

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

Today's video focuses on the semiconductor industry and the bullish news in the semiconductor manufacturing sector. Taiwan Semiconductor Manufacturing (TSM 2.71%) 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 3.71%) 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.

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.