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Benzinga
Benzinga
Business
Vishaal Sanjay

This Nvidia Supplier Is Beginning To Fizzle Out After Monumental Rally: Growth Score Nosedives

Hsinchu,City,,Taiwan-,June,24,,2024:,Close-up,Of,Tsmc's,Trademark

One of Nvidia Corp.’s (NASDAQ:NVDA) key manufacturing partners, responsible for producing much of the chipmaker's highly sought-after GPUs, is losing steam.

After fueling a multi-year rally, the supplier's momentum is now fading, reflected in a sharp drop in its Growth score within Benzinga's Edge Stock Rankings.

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