Nvidia Stock Gains. This Is Driving AI Chip Optimism.
Investors could be encouraged by news from TSMC, which reported a surge in profit on strong demand for AI semiconductors.
TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.