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Nvidia, Other Chip Stocks Gain
TSMC Stock Surges After CEO Says AI Chip Demand Is Booming. It’s Good News for Nvidia.
Taiwan Semiconductor Manufacturing stock rose after the company posted a big jump in profit and sales for the third quarter, beating analysts’ estimates. It’s a sign of strong demand for artificial-intelligence chips.
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications.
‘Just The Beginning’ For AI Demand Surge As Big Chip Stocks Gain $250 Billion
TSMC’s induction to the trillion-dollar club also spurred a rally for its ally Nvidia, whose shares rose 4% to an all-time high.
19h
on MSN
Chip giant TSMC reports blockbuster results even as questions over AI mania loom
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
12h
on MSN
AI Honeymoon Is Over for Chip Equipment Industry
This week brought a reckoning as ASML’s disappointing results revealed an uneven market.
1d
Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand
AI chip giant Nvidia (NVDA.O), which had briefly surpassed Apple as the world's most valuable company the previous day, ...
Digi Times
2h
AI demand is substantial and intense, says TSMC CEO
Chip demand for AI is substantial and intense, according to TSMC chairman and CEO C. C. Wei. TSMC's revenue from AI server ...
18h
on MSN
AI Boom Is Real—and Really Profitable—Says Chip Maker TSMC
The world’s largest contract chip maker maintained its growth momentum in the third quarter, with net profit jumping 54%.
12h
AI Chip Manufacturer Breaks Out – Nvidia May Be Next, Consumer Splurges, Fed Spiked The Punch
In earnings of note, Elevance Health Inc ELV, one of the largest licensee of Blue Cross Blue Shield, reported worse than ...
devdiscourse
15h
TSMC's Record Profit and Ambitious Expansion Plans Highlight AI Surge
TSMC, the world's largest contract chipmaker, reported a 54% increase in quarterly profit driven by high demand for AI chips.
1d
on MSN
An AI Robot Trader Dumped AI Chip King Nvidia. What It Picked Instead.
Meanwhile, its other large-cap fund (QRAFT), which isn’t geared toward momentum stocks, has zero exposure to the chip maker.
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