TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Shares of Taiwan Semiconductor Manufacturing Co., the world's largest producer of advanced chips, serving clients such as Apple and Nvidia,

Shares of Nvidia increased by more than 3% Monday morning, putting the chip maker’s stock on pace for a record close as it nears an intraday high as the company is once again on the cusp of becoming the world’s most-valuable company ahead of Apple.

Nvidia shares climbed Monday, hitting an all-time closing high in the wake of bullish comments from Wall Street analysts.

NVIDIA rides massive Blackwell AI GPU wave into record stock close: market value hits $3.39 trillion, just below Apple with a market cap of $3.52 trillion.

All members of the PHLX Semiconductor Index were in positive territory Thursday as TSMC offered upbeat commentary on the sector.

Nvidia stock was rising Thursday, on track for another record high. TSMC earnings appears to be boosting shares.

Chip stocks rose higher Thursday after a blowout earnings report by Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest producer of advanced chips and a key player in the ongoing AI boom.