TSMC Booms with AI Chip Demand

Nvidias robust earnings, driven by AI demand, signal a boom for TSMC. Wedbush Securities analyst Matt Bryson predicts TSMC will greatly benefit from this trend. TSMCs third-quarter results, with revenue slightly above predictions, further solidify their role in the AI revolution. Their advanced planning process, engaging customers two to three years in advance, provides a comprehensive view of semiconductor demand. TSMCs two-nanometer process and A sixteen technology, set for mass production this year and next, respectively, promise significant growth in smartphone and AI applications.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.