Taiwan Semiconductor Manufacturing Company (TSM) shares jump after the company reported better-than-expected quarterly earnings and lifted its sales outlook on artificial intelligence (AI) demand. The results eased some concerns about a slowdown in AI-related growth, driving names like Nvidia (NVDA), Super Micro Computer (SMCI), Micron (MU), and other semiconductor stocks higher. Morning Brief Hosts Seana Smith and Brad Smith take a closer look at TSMC’s results and moves in the chip sector.

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This post was written by Naomi Buchanan.