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Market cap performance of TSMC, Intel, UMC, and ASE show GenAI influence

Judy Lin, DIGITIMES Asia, Taipei Friday 5 January 2024 0

Credut: DIGITIMES

Generative AI was behind Nvidia's 240% surge in market cap in 2023, and the effect also trickled down to foundry manufacturers and packaging & testing service providers in the AI chip supply chain. The expected surge in mature and legacy node chips...

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