$NVDA $INTC – NVIDIA, INTEL, AMD SHARES RISE PREMARKET AFTER TSMC POSTS JUMP IN PROFIT
Shares of major U.S. chip stocks edged higher in Thursday premarket trading after Taiwan Semiconductor Manufacturing Co. reported a surge in net profit for the third quarter, showing that demand for advanced artificial-intelligence chips remains robust. Nvidia, Intel and Advanced Micro Devices shares are up 2.4%, 1.2% and 2.9%, respectively, in premarket exchanges, two days after Dutch semiconductor-equipment maker ASML Holding warned the recovery for some areas of the industry could extend well into the next year, sparking a global selloff in chip stocks.