TSMC, Apple Silicon supplier, expands AI chip production to Japan

The expansion directly benefits TSMC’s largest customers. NVIDIA, a major customer for TSMC’s AI GPU production, reported a remarkable 66.7% year-over-year growth in its quarterly earnings and maintains a substantial market capitalization of $4.24 trillion. Despite recent market volatility, with shares experiencing a decline of 6.6% year-to-date, the stock has demonstrated resilience by gaining 46.85% over the past year.

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Apple, another significant customer of TSMC for iPhone and Mac chips, showcased remarkable resilience with its shares experiencing a 7.82% increase over the past week. The company’s trailing revenue stands at $435.6 billion, and its year-over-year earnings growth is impressive at 18.3%. These figures underscore the sustained demand for advanced semiconductors.

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