Nvidia $50 trillion, TSMC earnings, chip stocks tank, and Bitcoin miners’ next move: AI news roundup
July 20, 2024 at 09:14 AM EDT
Taiwan Semiconductor Manufacturing Company beat analysts’ expectations for the second quarter thanks to demand for artificial intelligence chips. The Taiwanese chipmaker reported revenue of $20.82 billion for fiscal year 2024 — up 40% from a year ago. Read about it and more in the AI news … Source