The chip sales Taiwan Semi Sp ADR increased in May by 30% equivalent to 7.1 billion dollars Thanks to the growing demand for artificial intelligence or AIaccording to Jane Lanhee Lee on Yahoo Finance.
He world’s largest contract chipmaker has benefited from a global race to develop artificial intelligence services, producing semiconductors NVIDIA which are then sold to companies such as Microsoft and OpenAI. The global smartphone sales also They emerged from a long-standing decline in the first three months of the yearfueling expectations of strong mobile chip orders.
TSMC, based in Hsinchu, has been able maintain high margins As the world rushes to build data centers. Is he exclusive manufacturer of Nvidia’s most advanced artificial intelligence accelerators and also manufactures semiconductors Manzana and Advanced Micro D, Nvidia’s closest competitor.
This week, TSMC Chairman and CEO CC Weireiterated expectations that the AI development drives sector-wide recovery this year.
Taiwan Semi Sp ADR It closed Thursday’s session lower at $162.07. The 70-period moving average remains below the latest candles, RSI is down at 63 points and the MACD lines are above the zero level.
Medium and long-term resistance is at $164.70. Meanwhile, Ei indicators are mixed.
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