Exclusive: Nvidia orders 300,000 H20 chips from TSMC due to robust China demand, sources say
1. Nvidia ordered 300,000 H20 chipsets from TSMC due to strong demand. 2. The order indicates a pivot from relying on existing stockpile.
FAQ
Why Bullish?
The significant order reflects robust demand and supply chain strength. Historical trends show that large orders often correlate with stock price increases.
How important is it?
The order size and market demand influence NVDA’s growth prospects significantly.
Why Short Term?
Immediate demand boosts revenue potential, impacting short-term stock performance. Similar announcements previously led to stock price surges.