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Cryptopolitan 2024-10-17 14:29:23

US chip stocks rally buoyed by TSMC’s strong sales forecast

On October 17, an increasing trend was seen in US chip stocks. This happened after TSMC released a sales forecast which gained investors’ attention about the demand for processors. These in-demand processors are used to power AI applications. TSMC is the largest chipmaker contractor around the globe. Recently it shared a positive outlook on annual

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