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TSMC becomes a $1 trillion company thanks to “insane” AI demand


TSMC becomes a  trillion company thanks to “insane” AI demand

Topline Chip stocks rallied on Thursday as American AI star Nvidia's Taiwanese manufacturing partner reported stunning profits, giving the Asian company a trillion-dollar valuation, as the generative AI boom continues to set new records on Wall Street. The lobby of the TSMC facility in Phoenix last year. The Washington Post via Getty Images Important facts […]

Nvidia shares lose $175 billion on selloff in chip stocks, behind worst day in six weeks


Nvidia shares lose 5 billion on selloff in chip stocks, behind worst day in six weeks

Topline Fresh off a record closing high, Nvidia shares plunged Tuesday amid a slump in the semiconductor chip stock with an unusual stimulus: a less-than-stellar earnings release from a Dutch company that was accidentally released earlier than expected. Nvidia shares had problems on Tuesday. Getty Images Important facts Nvidia shares fell 4.5% in Tuesday trading, […]