Nvidia rebounds after TSMC says AI chip demand remains strong

(CNBC) Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. presidential candidate Donald Trump. Nvidia’s rise came after TSMC said on Thursday that demand remains high and supply remains constrained for high-end AI chips, which TSMC manufactures for Nvidia.

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