Shares of Nvidia (NVDA) set a fresh record intraday high Thursday as a blowout earnings report from supplier 澳洲幸运5官方开奖结果体彩网:Taiwan♉ Semiconductor Manufacturing Co. (TSM) eased concerns that the 澳洲幸运5官方开奖结果体彩网:semiconductor market was stalling.

TSMC posted a 54% year-over-year jump in profit and a 39% rise in revenue in the third quarter on 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) chip sales, and the coওmpanꦛy predicted demand would continue into the future. 

That offset news earlier this week from Dutch semiconductor maker ASML Holding (ASML), which warned that the recovery in non-AI chips was taking longer than anticipated. 🍸 

Druckenmiller Says Was 'Big Mistake' To Dump His Nvidia Shares

Adding to the positive feelings about Nvidia were comments from billionaire investor Stanley Druckenmiller about his sale of the company's shares. The Duquesne Family Office CEO said in an interview with Bloomberg Television that "it was a big mistake" to dump all his stake, adding, "I'm licking my wounds from a bad sale there."

Nvidia shares were recently up 2.7% to $139.39 after earlier Thursday touching a record $140.89. They have nearly tripled since the beginning of 2024.