Nvidia, Other Chip Stocks Gain After TSMC Touts 'Insane' AI Demand

Nvidia, Other Chip Stocks Gain After TSMC Touts 'Insane' AI Demand · The Wall Street Journal

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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 reassured investors that the artificial-intelligence boom is real, after reporting a record quarterly profit equivalent to more than $10 billion.