Chip stocks rally as TSMC results point to strong AI demand

Why TSMC is a “leading ring” for the AI ​​industry

Taiwan Semiconductor Manufacturing Company (TSM) leads chip stocks after reporting better-than-expected third-quarter results and raising its 2025 revenue forecast. The earnings surge appeared to boost investor confidence in artificial intelligence (AI) after ASML Holding (ASML) cut its forecast, causing semiconductor…

The rise in Nvidia stock pushes its market cap past Microsoft and nears record highs

Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, DC photo: Chip Somodevilla (Getty Images) In this story Nvidia stock seems to be climbing back to its June record high. The AI ​​chip maker's…