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Taiwan Stock Index Climbs to Record High on Optimism Over AI

(Bloomberg) Taiwan’s benchmark stock index surged to its highest intraday level on record, as expectations of booming demand for artificial intelligence technology drives investor sentiment.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’Japan Loses Its Spot as World's Third-Largest ....

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TSMC gains $42 billion to pass Visa as investors bet on AI boom

Taiwan’s largest company soared 7.9% in the first trading session after a week-long Lunar New Year break, propelling its capitalization to a record $575 billion. ....

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The World's Chip Industry Poised to Bounce Back After Tough 2023

Semiconductor sales will increase 13% this year to almost $600 billion, according to the SIA. ....

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Microsoft, Alphabet and AMD tout AI progress, but investors want tangible results

Shares of the tech giants slipped in late trading on Tuesday after they delivered 2023 results and forecasts for the current quarter, as Wall Street seeks more clarity on AI’s impact on financial performance. ....

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AMD, like Intel, hopes to sell a ton of AI Chips, but expects revenue to take a hit, reveals earnings call

AMD, like Intel, hopes to sell a ton of AI Chips, but expects revenue to take a hit, reveals earnings call
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