US Stock Movement | Most chip stocks rise, Taiwan Semiconductor falls 0.8% against the trend
On Thursday, most chip stocks rose, with Taiwan Semiconductor falling 0.8% to $302.61. Taiwan Semiconductor's Q3 net profit was NT$452.3 billion, a year-on-year increase of 39%, exceeding the estimated NT$405.47 billion; the gross margin for the third quarter was 59.5%, continuing to improve from 58.6% in the previous quarter and higher than the analyst estimate of 57.1%. NVIDIA rose over 1.2%, Micron Tech rose over 5%, ASML rose over 1.4%, Marvell Tech rose over 1%, and AMD rose 0.8%
According to Zhitong Finance APP, on Thursday, most chip stocks rose, with Taiwan Semiconductor (TSM.US) down 0.8% at $302.61. Taiwan Semiconductor's Q3 net profit was NT$452.3 billion, a year-on-year increase of 39%, exceeding the estimated NT$405.47 billion; the gross margin for the third quarter was 59.5%, continuing to improve from 58.6% in the previous quarter, and higher than the analyst estimate of 57.1%.
NVIDIA (NVDA.US) rose over 1.2%, Micron Tech (MU.US) rose over 5%, ASML (ASML.US) rose over 1.4%, Marvell Tech (MRVL.US) rose over 1%, and AMD (AMD.US) rose 0.8%
