NVIDIA stock surges 4% Monday, tapping another all-time high
) stock closed at another new all-time high on Monday as it continued its meteoric rise. The stock closed up 4.14% to $143.71 and is now up 190.2% year-to-date.), which counts NVIDIA as one of its largest customers, said late last week that AI demand is"real" and"sustainable". TSMC said they now see
the revenue contribution from server AI processors to more than triple this year, and account for mid-teens percentage of our total revenue in 2024.) is said to have increased its fourth-quarter NVIDIA GB200 orders by 3x from 400 racks to 1,450 racks, according to analyst Ming-Chi Kuo. "Blackwell chip production ramp-up begins in early 4Q24," Kuo stated."Considering yield rates and testing efficiency, estimated shipments are about 150,000-200,000 units in 4Q24, with significant growth projected at 200-250% QoQ to 500,000-550,000 units in Q1 2025.
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