Thursday, February 15, 2024

TSMC rises ~8% in its first post-Lunar New Year trading session, reaching a record $575B market cap and passing Visa as the world's 12th most valuable company (Bloomberg)

Bloomberg:
TSMC rises ~8% in its first post-Lunar New Year trading session, reaching a record $575B market cap and passing Visa as the world's 12th most valuable company  —  - Global AI activity should benefit Taiwan's largest company  — TSMC is the main contract chipmaker to Nvidia and Apple



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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)

Nikkei Asia : Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturin...