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Nvidia Supplier TSMC Sees Momentum Surge As Global AI Demand Hits Fever Pitch - Taiwan Semiconductor (NYSE:TSM)
Summary by Benzinga
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Nvidia Supplier TSMC Sees Momentum Surge As Global AI Demand Hits Fever Pitch - Taiwan Semiconductor (NYSE:TSM)
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is seeing its market momentum accelerate as the global artificial intelligence (AI) boom drives unprecedented demand for advanced silicon. AI Infrastructure Driving Record Growth The company's momentum score—a percentile-ranked metric measuring price strength and volatility—surged week-on-week from 89.27 to 92.92, placing the foundry in the top 10% of all stocks tracked by Benzinga Edge. The…
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