US chip stocks rally buoyed by TSMC’s strong sales forecast

On October 17, an increasing trend was seen in US chip stocks. This happened after TSMC released a sales forecast which gained investors’ attention about the demand for processors. These in-demand processors are used to power AI applications. TSMC is the largest chipmaker contractor around the globe. Recently it shared a positive outlook on annual […] source: https://www.cryptopolitan.com/us-chip-stocks-rally-buoyed-by-tsmcs-strong-sales-forecast/