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The article discusses the rising fortunes of Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC), whose stocks surged by 204% and 121% respectively over the past year, attributed to booming demand for AI-specific chips. In 2025, cloud service giants like Microsoft and Meta are expected to significantly increase their capital expenditures on AI infrastructure, potentially doubling the combined spending of major players to around $300 billion. With Nvidia ramping up production of its next-generation chips and TSMC enhancing its manufacturing capacity, both companies are well-positioned to benefit from this shift, leading to robust earnings growth.
Source: YAHOO