TSMC's AI Chip Boom: Profits Surge, Bubble Fears Loom
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TSMC's profits skyrocket nearly 40% fueled by insatiable AI chip demand, boosting Broadcom and Nvidia stocks. Despite soaring revenues and raised forecasts, a Bank of America poll reveals growing investor unease about an overvalued tech market, hinting that the AI boom might be a bubble waiting to burst.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
