TSMC stock jumps over 6% as Nvidia asks chipmaker to make memory chips

TSMC shares rose more than 6% on Friday after reports indicated the company is exploring production of 3D DRAM memory chips at Nvidia's request. The move would expand TSMC's operations beyond its core foundry business into a market currently dominated by Samsung, SK Hynix, and Micron, addressing growing demand for AI data center components.

Source: TSMC stock jumps over 6% as Nvidia asks chipmaker to make memory chips — India Today

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Topics: tsmc · nvidia · semiconductors · stocks · tech · ai