TSMC and Salesforce Higher; Hewlett Packard and United Lower
On this episode of Stock Movers:- Taiwan Semiconductor (TSM) is higher after earnings beat analyst estimates, in the latest sign of rising demand for components like Nvidia chips that power AI. It also narrowed its capital expenditure forecast for the full year.- Hewlett Packard (HPE) shares are lower after the computer hardware and storage company issued a full-year forecast for profit and cash flow that fell short of analysts’ estimates. The company also said it is cutting an unspecified number of jobs as part of its integration with Juniper Networks. HPE is dealing with tighter…
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