Taiwan Semiconductor Manufacturing and Broadcom Continue to Benefit from AI Supply Chain Demand
Deep News
Nov 10
In early Monday trading, Taiwan Semiconductor Manufacturing (TSM) rose 3.1%, while Broadcom (AVGO) gained 2.5%. Analysts noted that both companies continue to benefit from strong demand in the artificial intelligence supply chain. Supported by resilient AI demand, Taiwan Semiconductor Manufacturing reported a 16.9% year-over-year increase in October sales, drawing market attention. Meanwhile, Broadcom expanded its custom AI accelerator business—highlighting the sustained momentum in infrastructure spending.
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