Nvidia, AMD Chips To Get Dearer as Taiwan Semi Eyes AI Chip Price Hike – TradingView

Chip stocks led by Nvidia Corp NVDA, Advanced Micro Devices, Inc AMD, Qualcomm Inc QCOM, Micron Technology, Inc MU and Arm Holdings Plc ARM were trading lower Tuesday amid reports of Taiwan Semiconductor Manufacturing Co’s TSM plans to boost the price of its AI chip production services.
TSMC stock also traded lower on Tuesday.

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U.S. Big Tech stocks harboring AI ambitions are also trading lower Tuesday, including Microsoft Corp MSFT, Meta Platforms, Inc META, Alphabet Inc GOOGL, Apple Inc AAPL, and Amazon.Com, Inc AMZN.

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TSMC’s new Chair, C.C. Wei, has already discussed his price hike plans with Nvidia CEO Jensen Huang, the Nikkei Asia reports.
Wei justified passing down the higher value of its AI chips to its customers, like Nvidia, who were already charging a premium for their products, taking credit for their AI moat.
Huang recently voiced AI’s “$100 trillion” opportunities at his Taipei Computex tech trade fair speech.
However, Wei ruled out the possibility of migrating its fabs out of Taiwan despite political tensions, as the island accounts for 80%—90% of its production capacity.
Semiconductor sector ETFS, including VanEck Semiconductor ETF SMH and iShares Semiconductor ETF SOXX, are trading lower on Tuesday. U.S. Big Tech ETFs, including Invesco QQQ Trust, Series 1 QQQ, and SPDR Select Sector Fund XLK are down Tuesday.
Photo by Sundry Photography on Shutterstock
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