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TSMC rides AI demand to raise revenue forecast, says no to US joint venture
TAIPEI, July 18 (Reuters) - Taiwan's TSMC (2330.TW), opens new tab, the world's largest contract chipmaker, raised its full-year revenue forecast on Thursday given surging demand for chips used in artificial intelligence, and rejected the idea of a joint venture factory in the United States.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , a major Apple Inc (AAPL.O), opens new tab and Nvidia (NVDA.O), opens new tab supplier, has benefited from the global AI boom...