Reported about 1 month ago
Recent gains in semiconductor stocks reflect investors' optimism about the future of AI, despite concerns over rising capital expenditures. Companies like Nvidia and TSMC are revising positive sales forecasts, indicating a strong demand for AI infrastructure. However, as major tech players are set to invest heavily in AI, the market is watching closely for signs of sustainability in growth and how it will impact overall profitability as earnings reports loom.
Source: YAHOO