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.
Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand
Chip stocks rose on Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., reinvigorated Wall Street’s AI enthusiasm.
Chip stocks rally as TSMC forecasts strong AI demand for 'many years'
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks Thursday.
Chip stocks rally after TSMC's strong sales forecast calms growth worries
TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec
Nvidia’s stock tracks toward record as TSMC sees AI chip market still booming
All members of the PHLX Semiconductor Index were in positive territory Thursday as TSMC offered upbeat commentary on the sector.
Nvidia, Other Chip Stocks Gain After TSMC Touts 'Insane' AI Demand
Shares in Nvidia, Advanced Micro Devices, Micron and other semiconductor companies gained, after solid earnings from the world's largest contract chip maker. Taiwan Semiconductor Manufacturing reassur
TSMC profits jump 54% on back of AI chip boom
Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, has further raised its growth outlook on the back of an artificial intelligence boom and a broad-based recovery in other sectors,
Taiwan Semiconductor Manufacturing stock leads rally in chip sector
U.S.-listed shares of Taiwan Semiconductor Manufacturing are jumping 7% after the chipmaker [delivered strong results and forecasts above analysts' expectations](
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