Artificial intelligence (AI) stocks have been getting slammed harder than the rest of the market recently as stocks sold off due to fears of a trade war. Many are down in the double digits, while the S&P 500 (SNPINDEX: ^GSPC) is down around 6% (at the time of this writing).
China's DeepSeek AI sparked a sell-off in artificial intelligence (AI) stocks after sharing breakthroughs in developing highly efficient training and inference algorithms for large language models. In other words,
Chipsets known as graphics processing units (GPUs) are perhaps the most important hardware in generative AI development right now. For the last couple of years, investing in semiconductor stocks has generally been a great idea -- as you're nearly guaranteed some form of exposure to GPUs or data centers.
Taiwan-based TSMC fabricates the vast majority of the advanced chips for AI and smartphones. Now more of that fabrication could move to Arizona.
Semiconductor stocks have been in impressive form on the market over the past three years, as the demand for chips used for training and deploying artificial intelligence (AI) models in data centers has shot up remarkably during this period.
TSMC's unparalleled market position, growth prospects, and undervaluation, with a potential 93% upside by FY26. Click here to read why TSMC stock is a Strong Buy.
In a joint announcement with the Trump Administration, TSMC pledged to spend $100 billion on chip facilities in the U.S.
All presidents of these United States have the bully pulpit from which to lecture the American people and, for the past century, the rest of the world
Taiwan Semiconductor Manufacturing Co. is expected to announce a $100 billion investment in the U.S. at the White House that would bring more semiconductor manufacturing to the country.
What country is Treasury Secretary Scott Bessent living in? Apparently not the U.S., judging by his statement on Thursday that “access to cheap goods is not the essence of the American dream.” Really?
The investment will go into building three new fabrication plants in Phoenix, Arizona, as well as two packaging facilities and a research center.
TSMC's announcement comes as chip-maker Intel, which has struggled for years with declining sales and lost market share, has been seeking customers for its own factories in the US.
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