TSMC’s Sales Beat Estimates in a Boost for AI’s Outlook in 2025

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025. Most Read from Bloomberg The go-to chipmaker for Nvidia Corp. and Apple Inc. reported a 39% rise in October-December revenue to NT$868.5 billion ($26.3 billion), based on calculations off monthly…

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Nvidia Slams Biden for Trying to ‘Preempt’ Trump With Policy

(Bloomberg) — Nvidia Corp. criticized new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules. Most Read from Bloomberg The looming changes, which Bloomberg News reported on Wednesday, would cap the sale of US artificial intelligence chips on…

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