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Why Semiconductor Stocks Jumped Today | The Motley Fool

Retrieved on: 2024-01-18 18:57:36

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Why Semiconductor Stocks Jumped Today | The Motley Fool. View article details on HISWAI: https://www.fool.com/investing/2024/01/18/why-semiconductor-stocks-jumped-today/

Summary

TSMC's expectation of a 20% revenue growth, driven by AI, boosted semiconductor stock shares, influencing perceptions of demand for companies like Intel, AMD, and Broadcom within the semiconductor industry, amid a cyclical global chip shortage.

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