Investing.com-- Asian chipmaking stocks rose on Wednesday, tracking an overnight rebound in market darling Nvidia as investors looked to an artificial intelligence driven boom in demand over the coming months.
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
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.