TSMC’s Advanced Node Dominance Fuels Unprecedented Growth Amid AI Boom
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Tag: TSMC
Chip Sector Rally Fuels Wall Street Gains Following TSMC Earnings Beat
Major U.S. stock indexes opened higher Thursday as Taiwan Semiconductor Manufacturing Company’s positive earnings update fueled renewed enthusiasm for artificial intelligence investments. The technology-heavy Nasdaq led gains with a 0.42% increase, while chip stocks extended their recent rally following the optimistic outlook from the world’s largest contract chipmaker.
Market Rally Extends on Semiconductor Optimism
Wall Street’s main indexes opened higher Thursday as Taiwan Semiconductor Manufacturing Company (TSMC) delivered an upbeat quarterly update that reportedly reignited investor enthusiasm around artificial intelligence technologies. According to reports from Reuters, the positive earnings from the world’s largest contract chipmaker contributed to extended gains in semiconductor stocks and broader market optimism.
Chipmaker TSMC reports nearly 40% surge in its net profit, thanks to AI
Title: TSMC Posts Record $15 Billion Quarterly Profit as AI Demand Fuels 40% Surge Taiwan Semiconductor Manufacturing Corp. (TSMC), the…