TSMC (TSM) is getting up to $6.6B from the U.S. government under the Chips Act. TSMC will add a third chip factory to the Phoenix complex. The first Phoenix factory is expected to start production in the first half of 2025. Jenny Horne discusses this along with how Keybanc raised Nvidia’s (NVDA) price target. The analyst notes that the GB200 could generate as much as $90B-$140B in revenues. Tune in to find out more about the stock market today.
Morning Trade Live
08 Apr 2024
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