Nvidia supplier TSM up 2.1%, Advanced Micro Devices rises 3.1%, Marvell up 2.1% pre-market

Tuesday, Jul 15, 2025 4:20 am ET1min read

Nvidia supplier TSM up 2.1%, Advanced Micro Devices rises 3.1%, Marvell up 2.1% pre-market

July 02, 2025

The semiconductor sector experienced a robust pre-market performance today, with several key players reporting significant gains. Taiwan Semiconductor Manufacturing Company (TSM) saw its shares rise by 2.1%, while Advanced Micro Devices (AMD) and Marvell Technology Group (MARV) both increased by 3.1% and 2.1%, respectively.

TSM, a leading manufacturer of semiconductors, is a critical supplier to Nvidia, which recently reached a market capitalization of $4 trillion. The surge in demand for artificial-intelligence technologies, driven by Nvidia's high-performance chips, has significantly bolstered TSM's revenue and stock performance. As of Wednesday, Nvidia's shares reached an all-time high of $164.42, benefiting from an ongoing surge in demand for AI technologies [1].

Advanced Micro Devices (AMD), a longstanding rival to Nvidia in the GPU space, has been making strides in the AI chip market. AMD's stock has rebounded strongly in 2025, with a 21% year-to-date gain, largely driven by the introduction of its new Instinct MI350 Series GPUs and strategic acquisitions. HSBC analysts recently doubled their price target for AMD from $100 to $200, citing the new chips' competitive performance against Nvidia's offerings [2].

Marvell Technology Group, another key player in the semiconductor sector, also saw its shares rise in the pre-market session. Marvell's stock has been buoyed by the broader growth in the semiconductor industry, particularly in areas such as AI and data center technologies.

The strong performance of these semiconductor companies underscores the ongoing growth and demand in the technology sector, driven by advancements in AI and other high-performance computing applications. As these technologies continue to evolve, investors can expect further growth and opportunities in the semiconductor space.

References:
[1] https://www.chinadailyasia.com/hk/article/615596
[2] https://finance.yahoo.com/news/analyst-just-doubled-price-target-130002271.html

Nvidia supplier TSM up 2.1%, Advanced Micro Devices rises 3.1%, Marvell up 2.1% pre-market

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