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TSMC Q2 Blowout Signals Bullish AI Chip Demand for NVDA, AMD, AVGO

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • TSMC's Q2 revenue surged 39% YoY on AI chip demand, benefiting all major customers including Nvidia, AMD, Broadcom, and Apple.
  • CEO highlights agentic AI reviving CPU demand across x86, ARM, and RISC-V architectures, signaling broad semiconductor sector strength.
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NVDA price history

212.30 +19.67% over the displayed period

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