And raised “TSMC“, the world’s largest chip maker for other companies, raised its annual revenue growth forecast, saying that sales of artificial intelligence chips will constitute between 13 and 19 percent of its revenue for the full year.
The company’s listed shares rose US By more than 11 percent, which raised its market value to more than one trillion dollars.
The expectations of the leading company in the production of advanced artificial intelligence chips have strengthened investor confidence in the prospects of chip manufacturing companies, whose market value has risen significantly in the past two years due to increased spending on chips from major technology companies.
Company shares rose NVIDIAa leader in the artificial intelligence chip sector and a client of Taiwan’s semiconductor industry, rose by about four percent to an unprecedented level of $140.89, before paring its gains and recording a two percent increase later in the session.
Its smaller competitor, AMD, achieved gains exceeding one percent, and shares of Broadcom, Qualcomm, and Micron rose at rates ranging from one percent to 3.6 percent.
