HONG KONG (AP) — Taiwan-based TSMC, the world’s largest computer chip maker, plans to increase its capital spending by as much as nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom in ...

Stock market momentum cooled as investors weighed mixed signals, even as Taiwan Semiconductor Manufacturing

Just weeks before OpenAI unveiled its pioneering AI chatbot ChatGPT in late 2022, Berkshire spent US$4.12 billion buying shares of Taiwan Semiconductor Manufacturing Co, or TSMC, the world’s largest operator of foundries or contract manufacturer of high-end customised chips like those used for developing large-language AI models.

The positional swap will mark a fundamental shift in the semiconductor industry, reflecting Nvidia's growing importance amid the AI infrastructure buildout.