Nvidia stock pops before the open as TSMC outlook lifts AI chips, while China risk hangs over NVDA
Nvidia shares rose 2.1% to $187.05 in premarket trading Friday, tracking gains across chip stocks after TSMC posted record quarterly profit and projected nearly 30% revenue growth for 2026. The moves follow new U.S. tariffs on high-end AI chips and reports China may restrict domestic firms’ purchases from Nvidia.