Nvidia GTC kicking off today, laying groundwork for AI and semiconductor excitement. ETFs may see momentum, as in past GTCs, with increased AUM and top-performing funds. Chinese companies showcasing at GTC may affect U.S.-China AI rivalry and ETF performance.
TSMC reportedly ends collaboration with Singapore's PowerAIR after finding its chip in Huawei's AI processor; also faces US sanctions on Chinese customers.
Amazon.com disclosed its plan to invest billions of dollars in Taiwan over the next 15 years. The investment aims to establish data centers, further expanding the company's global footprint in Asia to meet the region's increasing demand for cloud services.
World's largest contract chipmaker, TSMC, saw 30% sales increase in May due to high demand for AI and recovering consumer electronics. Nvidia and Google drive AI unicorn growth.
Taiwan Semiconductor Manufacturing Co's shares rise to record high due to global AI frenzy. Plans for acquisition and expansion, strong demand for services.
