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TSM Aug 2024 160.000 put
- Benzinga
What's Going On With Taiwan Semi Stock On Tuesday?
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is significantly expanding its operations in response to growing demand in the AI, 5G, server, and data center markets. The company remains engaged in its geographical expansion while maintaining Taiwan as its base. Acter Group Co, a semiconductor equipment and chemicals supplier, is accelerating its overseas expansion, primarily focusing on Japan and Southeast Asia to support these demands. The expansion is a strategic response to geopolitical ri
- Reuters
AI startup Etched raises $120 million to develop specialized chip
Artificial-intelligence startup Etched said on Tuesday it has raised $120 million in a series-A funding round that the company plans to use to further develop its specialized chip. Nvidia dominates the market for server AI chips, capturing roughly 80% of sales, according to estimates. Nvidia’s general-purpose AI chips are capable of handling a range of computing applications, but can use more energy than processors designed to perform specific functions.
- Insider Monkey
Analyst Says Taiwan Semiconductor (TSM) is the ‘Key Beneficiary of AI Prosperity’
We recently published a list of the Big Tech Funds are Buying These 10 AI Stocks. Since Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) ranks 7th on the list, it deserves a deeper look. As mega-cap technology stocks continue to soar to new highs, the number of Wall Street analysts highlighting the “concentration of gains” problem are increasing. […]
