TSMC shares hit record high after Morgan Stanley lifts client Nvidia’s price target on AI chip demand

(CNBC) Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand. TSMC, which is the world’s largest producer of advanced processors, manufactures chips for companies such as Nvidia and Apple.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.