Market Chatter: TSMC CEO Upbeat on Growth Prospects Amid AI Boom

MT Newswires Live06-04

Taiwan Semiconductor Manufacturing (TSMC) (TPE:2330) remains upbeat over its growth prospects as customers continue to express a positive outlook for the artificial intelligence industry, Reuters reported Thursday, citing the company's chief executive C.C. Wei.

"We continue to see increasing adoption of AI models across consumer, enterprise and sovereign AI applications. This trend is driving demand for greater computing power, which in turn supports strong demand for advanced ⁠semiconductor chips," Wei was quoted as saying during the company's annual shareholders meeting.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Wei.</p><p>\"We continue to see increasing adoption of AI models across consumer, enterprise and sovereign AI applications. This trend is driving demand for greater computing power, which in turn supports strong demand for advanced ⁠semiconductor chips,\" Wei was quoted as saying during the company's annual shareholders meeting.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. 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