TSMC Forecasts Drive Chip Stock Gains as CEO Addresses AI Demand
TSMC's strong financial outlook and CEO comments on AI demand boosted chip stocks including Nvidia, AMD, and Broadcom in early trading Thursday.
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Latest reporting and analysis tagged with AI demand.
TSMC's strong financial outlook and CEO comments on AI demand boosted chip stocks including Nvidia, AMD, and Broadcom in early trading Thursday.
Intel shares rose sharply Tuesday after KeyBanc upgraded the stock to Overweight with a $60 price target, citing strong AI server CPU demand and tight supply projections for 2026. Trading volume was significantly above average.
Retail investors increased purchases of U.S. memory and data storage chipmakers in January, driven by AI infrastructure demand and supply shortages, with companies like SanDisk seeing record inflows.