Taiwan Semiconductor sales jump nearly 60% YoY on AI demand [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
Yahoo Finance Tech Editor Dan Howley joins The Morning Brief to discuss the company's position in the AI chip race. The rising demand for chips built for artificial intelligence largely drove Taiwan Semiconductor's sales last quarter. The company also produces smartphone chips, but AI chips took the lead as demand slumped. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl Video Transcript Shifting to the chip sector. Taiwan semi shares rising after reporting that sales jumped nearly 60% in April from a year ago. Yahoo FINANCE is Dan Howley has more on that for us? That's right. They jump 59.6% year over year. That's better than any other month so far this year, although it's only may still, uh, it's a huge jump. And, uh, I think the the real reasons for this are clear. That's, you know, the A I craze driving everybody to to go out, uh, and and purchase chips or, u
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