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Taiwan Semiconductor Attracts Big Money on NVIDIA Chip Growth


Published on 2025-03-24 13:42:34 - MarketBeat
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  • While everyone in the market is trying to figure out where the next leg of the S&P 500 is going to go, there are other unorthodox indicators in the technology sector pointing to new optimism for the future state of demand and growth in artificial intelligence,

The article from MSN Money discusses the significant interest in Taiwan Semiconductor Manufacturing Company (TSMC) due to its pivotal role in producing chips for Nvidia, a leading AI chip designer. TSMC, the world's largest contract chipmaker, has seen its stock rise by 27% in 2023, driven by the demand for AI technology. The company's advanced 3-nanometer chips, which are crucial for Nvidia's AI processors, are in high demand, leading to expectations of strong revenue growth. TSMC has forecasted a revenue increase of at least 20% for the year, with potential for even higher growth if there are no supply chain disruptions. This optimism is reflected in the investment community, with major funds like the Invesco QQQ Trust and the VanEck Semiconductor ETF increasing their stakes in TSMC, highlighting the company's strategic importance in the AI and semiconductor industry.

Read the Full MarketBeat Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/taiwan-semiconductor-attracts-big-money-on-nvidia-chip-growth/ar-AA1ByhLo ]