Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Intel shares showed signs of renewed investor interest as the company’s push to increase semiconductor production and expand its AI foundry ambitions intersects with broader demand for computing and deeper strategic positioning against rivals such as Nvidia and … Read more
The AI supercycle is far from exhausted, and semiconductor companies like industry titan TSMC (TSM) are among the catalysts to watch. “This earnings report, really more than anything, supports the idea that [the AI boom] will continue to move forward,” Victoria Fernandez, chief market strategist at Crossmark Global Investments, told Yahoo Finance’s Opening Offer. According … Read more
By Wen-Yee Lee, Faith Hung and Ben Blanchard TAIPEI, Jan 15 (Reuters) – TSMC, the world’s leading maker of advanced AI chips, on Thursday posted a 35% jump in fourth-quarter profit forecasts to a record high, forecast robust annual growth and signaled more manufacturing capacity in the United States. Riding high on what it calls … Read more