$AEM SGD (AWX.SG)$ TSMC, the world's largest contract chipma...
TSMC, the world's largest contract chipmaker, said on Thursday it expects strong growth in its business to be sustained as it reported a forecast-beating 54% jump in quarterly profit due to soaring demand for chips used in artificial intelligence (AI).
Taiwan Semiconductor Manufacturing Co (TSMC), the dominant producer of advanced chips used in AI applications whose customers include Apple and Nvidia, has benefitted from a surge towards AI across a spectrum of industries.
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Deep Sea OP : This is good news for the AI and semi conductor sector as a whole. There is a strong demand for AI chips. Hope the AI hype can propel up AEM stock