Nvidia Stock Hits Intraday Record After TSMC’s Solid Earnings

Nvidia Stock Hits Intraday Record After TSMC’s Solid Earnings · Barrons.com

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Nvidia stock posted an intraday record Thursday after billionaire investor Stanley Druckenmiller said selling shares of the chip maker was a “big mistake” and Taiwan Semiconductor Manufacturing’s earnings revealed just how right that statement is. Shares closed up 0.9% to $136.93, according to Dow Jones Market Data. Taiwan Semiconductor —the main producer of chips designed by Nvidia—reported quarterly earnings earlier in the day that beat analysts’ estimates.