Nvidia Stock Investors Just Got Great News From TSMC

Good news has been difficult to come by for Nvidia (NASDAQ: NVDA) investors lately, which is evident from the roughly 10% decline in the company's stock price in the past three months.The once high-flying artificial intelligence (AI) chip stock has been weighed down by multiple headwinds despite delivering outstanding growth and guiding above expectations when it released its latest quarterly results in November last year. From concerns about a slowdown in its growth on account of weakening AI chip demand to intensifying competition to export-related restrictions to the recent breakthrough claimed by Chinese start-up DeepSeek, a number of factors outside of Nvidia's control have pulled the stock down.However, Taiwan Semiconductor Manufacturing's (NYSE: TSM) sales data for January 2025 suggests that investors' concerns about the health of AI chip demand and Nvidia's performance may be overblown. Let's see why that may be the case.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool