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Shares of Taiwan Semiconductor Manufacturing climbed on Monday in step with surging tech stocks, with the major chip-equipment supplier also getting a shot of confidence from client Nvidia.
“TSMC is doing a very good job supporting us on wafers,” Nvidia
NVDA CEO Jensen Huang remarked on Saturday during a trip to Taiwan, according to Reuters. He added that the company was seeing “very strong demand” for its next-generation Blackwell chips.