AI chip market

Chipmaking giant Taiwan Semiconductor Manufacturing Company (NYSE:TSM) on Thursday reported first-quarter results that beat market expectations, thanks to strong demand from companies involved in artificial intelligence. What Happened: TSMC’s revenue rose 16.5% to NT$592.64 billion...

Super Micro Computer Inc (NASDAQ:SMCI) has emerged as a top pick in the artificial intelligence (AI) hardware sector, overshadowing industry giant NVIDIA Corp (NASDAQ:NVDA), according to veteran investor Louis Navellier. What Happened: Navellier, the founder and chairman of Navellier &...