Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,' CEO says.
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Taiwan Semiconductor Manufacturing Co. (TSMC) reported a stronger-than-expected profit, driven by high demand for AI, which is expected to offset weak smartphone sales. This is significant for Nvidia, a major client of TSMC.
January 16, 2025 | 10:45 am
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Nvidia, a major client of TSMC, could benefit from TSMC's strong earnings driven by AI demand, which may support Nvidia's own growth in AI-related products.
Nvidia relies on TSMC for semiconductor manufacturing. TSMC's strong earnings and AI demand suggest robust production capacity and potential growth for Nvidia's AI products.
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