$Advanced Micro Devices(AMD)$

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$Advanced Micro Devices(AMD)$ TSMC $Taiwan Semiconductor Manufacturing(TSM)$ reports high AI sales to AMD and Nvidia $NVIDIA Corp(NVDA)$ that Iaccounts for the surge. TSMC’s 44.7% year-over-year sales surge, marking its second-highest sales gain in the past 20 months, aligned with our expectations for robust 3Q performance. This surge could indicate sustained, strong AI chip demand and significant 3-nanometer production orders from AMD. TSMC is well positioned to beat the top end of its $23.2 billion 3Q sales guidance.

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