TSMC Shares Rise Ahead of Nvidia Earnings on AI Chip Demand
Taiwan Semiconductor Manufacturing shares rose about 0.9% to $419.40 Friday as investors focused on Nvidia’s Aug. 26 earnings guidance. The outlook is seen as a test of whether demand for advanced chips, premium packaging, and AI accelerators remains strong, with multiple major chip and hyperscaler customers relying on TSMC’s leading-edge factories.