{"id":867862,"date":"2024-10-18T10:06:03","date_gmt":"2024-10-18T04:36:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867862"},"modified":"2024-10-18T10:22:39","modified_gmt":"2024-10-18T04:52:39","slug":"nvidia-hits-record-high-as-chip-stocks-rally-on-tsmcs-rosy-ai-powered-outlook","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/18\/nvidia-hits-record-high-as-chip-stocks-rally-on-tsmcs-rosy-ai-powered-outlook\/","title":{"rendered":"Nvidia hits record high as chip stocks rally on TSMC\u2019s rosy AI-powered outlook"},"content":{"rendered":"<p>Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC\u2019s strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. <\/p>\n<p>Taiwan Semiconductor Manufacturing Co, the world\u2019s largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen percentage of its full-year revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC\u2019s strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co, the world\u2019s largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen percentage of its full-year revenue.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-867862","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867862"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867862\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}