TSMC posts record profits on continued AI demand

TSMC posts record profits on continued AI demand

Taiwan Semiconductor Manufacturing Company’s brand is seen within the background subsequent to a printed circuit board. Soup Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% enhance in first-quarter revenue, beating estimates and hitting a contemporary record as demand for synthetic intelligence chips stayed sturdy. Here are the corporate’s…

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We’re taking some more big profits in a tech stock that just won’t quit rallying

We’re taking some more big profits in a tech stock that just won’t quit rallying

Shortly after the opening bell, we shall be promoting 25 shares of Broadcom at roughly $388 every. Following Wednesday’s commerce, Jim Cramer’s Charitable Trust will personal 390 shares of AVGO, reducing its weight in the portfolio to about 4% from 4.3%. Broadcom shares had been shifting larger on Wednesday after the corporate introduced a multi-year,…

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