$Taiwan Semiconductor Manufacturing(TSM)$reported October revenue of NT$586.89 billion on the same day, up 14.7 per cent month on month and 59.7 per cent year on year. That provides actual revenue evidence for foundry demand, but one month's figures cannot establish AI-related profitability. The companies face different tests: Nvidia needs to resolve governance concerns, while TSMC must show that growth can keep translating into profit.
Jensen Huang Resigns: Can Nvidia Hold After a 4.34% Drop?
Nvidia (NVDA) fell 4.34% Thursday (Nov 12) after saying CEO Jensen Huang resigned immediately as president, CEO and director; the stock was down as much as 14.35% intraday. CFO Colette Kress becomes interim CEO, Harvey C. Jones takes the chair, and the board is still seeking a permanent successor, with no reason given. Bulls say the GPU lineup, software ecosystem and contracts won't vanish overnight; bears fear the handover slows R&D, order talks and the valuation premium. Which first validates the worry: succession, cloud procurement, or AMD's share shift?
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