Nvidia Stock Soars After US-Saudi AI Deal, Pushing Valuation Past $3 Trillion

May 14, 2025

Catenaa, Wednesday, May 154, 2025-Nvidia’s stock surged as much as 6.4% on Monday, reaching an intraday high of $130.99 per share, after the company announced a strategic partnership with Saudi Arabia’s Humain, a subsidiary of the kingdom’s Public Investment Fund. The surge helped Nvidia’s market capitalization climb back above $3 trillion, marking its highest valuation […]

TSMC Plans Joint Venture to Operate Intel’s Foundry

March 13, 2025

Catenaa, Thursday, March 13, 2025- Taiwan Semiconductor Manufacturing Co. (TSMC) has pitched a joint venture to US chipmakers Nvidia, AMD, and Broadcom to manage Intel’s foundry division, sources told Reuters. Under the plan, TSMC would oversee operations but hold no more than a 50% stake. Qualcomm has also been approached, sources said. The talks, still […]

TSMC Reports a 42% Increase In Revenue First Quarter

April 10, 2025

Catenaa, Thursday, April 10, 2025- TSMC, the world’s largest contract chipmaker, reported $ 25.55 billion net revenue in the first quarter on Thursday, beating market forecasts, as the company reaps the benefit from artificial intelligence demand. In the January-March period, Taiwan Semiconductor Manufacturing Co (TSMC) posted revenue of 839.25 billion Taiwan dollars, about $25.5 billion, […]