◆ NeutralNVDATSMAMD

TSMC Just Announced Fantastic News for Nvidia Shareholders

The Motley Fool·
TSMC Just Announced Fantastic News for Nvidia Shareholders

TSMC reported strong Q2 earnings with revenue up 33% and EPS up 77%, driven by AI chip demand. The company announced a $100 billion additional investment in Arizona manufacturing, including advanced packaging capabilities, which could benefit customers like Nvidia. TSMC's CEO indicated strong demand signals from cloud providers, suggesting sustained long-term AI growth and supporting Nvidia's valuation at 23x forward earnings.

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