$Taiwan Semiconductor Manufacturing(TSM)$
Good news for TSM. $Meta Platforms, Inc.(META)$ just boosted its Capex spending plans for purchasing servers and AI related chips for 2024. What's good for $NVIDIA Corp(NVDA)$ and $Advanced Micro Devices(AMD)$ is good for TSM. $Microsoft(MSFT)$ also raising Capex. Meta also hinted that the capex budget may grow again next year. Nice.
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