From Investing.com: 2024-11-21 06:49:15

Nvidia’s strong Q3 results support TSMC stock outlook, with robust AI demand and consistent GPU development. AI demand exceeds supply for Hopper and Blackwell GPUs, driving TSMC’s business. TSMC expanding CoWoS capacity to meet growing AI model complexity. Nvidia’s steady product roadmap ensures TSMC’s ASP growth and supply chain strength.



Read more at Investing.com: Nvidia results reinforce positive outlook on TSMC, BofA says By Investing.com