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Aditya Raghunath

Nvidia Just Waved a Big ‘Green Flag’ for Taiwan Semi. Buy TSM Stock Here, Says Wedbush.

TSM Nvidia TSMC Matt Bryson

Nvidia's (NVDA) latest earnings report indicated that the chipmaker continues to grow rapidly, driven by strong demand and an expanding addressable market. The tech behemoth’s performance sent a clear signal that Taiwan Semiconductor Manufacturing Company (TSM) should also benefit from the ongoing artificial intelligence boom.

According to Wedbush Securities analyst Matt Bryson, Nvidia's results are a green flag for TSMC. Bryson noted that demand for the foundry's advanced manufacturing processes remains fully intact. Moreover, the momentum driving AI chip orders shows no signs of slowing down, which bodes well for TSM’s long-term growth.

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