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What has Taiwan Semiconductor Stock Done Since Nvidia Earnings? [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Last month saw volatility as Nvidia Corp (NASDAQ: NVDA ) released its quarterly print and more. The VanEck Semiconductor ETF (NASDAQ: SMH ) and iShares Semiconductor ETF (NASDAQ: SOXX ), representing the semiconductor industry, have lost ~7% in the last 30 days. Now, let's run down the events for Taiwan Semiconductor since Nvidia released its quarterly print. On August 28, Nvidia reported second-quarter topline growth of 122% to $30.04 billion, quashing the analyst consensus of $28.68 billion. The company projected third-quarter revenue of $31.85 billion—$33.15 billion, versus the consensus of $31.77 billion. Still, the stock dropped by 6% in after-hours trading , sending semiconductor stocks, including Taiwan Semiconductor, Advanced Micro Devices, Inc (NASDAQ: AMD and Super Micro Computer, Inc (NASDAQ: SMCI ), down as the print failed to impress the Street. The semiconductor sector selloff continued in September , with U.S.-China geopolitical tensions intensifying due to th
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