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Gabriel Osorio-Mazilli

Taiwan Semiconductor Attracts Big Money on NVIDIA Chip Growth

Taiwan Semiconductor Semiconductor Nvidia United States MarketBeat Supply chain

While everyone in the market is trying to figure out where the next leg of the S&P 500 is going to go, there are other unorthodox indicators in the technology sector pointing to new optimism for the future state of demand and growth in artificial intelligence, which will directly translate into more demand and future earnings in the semiconductor industry. Knowing that the bets are off, one of the most vital players in the space has made a new move.

Semiconductor darling NVIDIA Co. (NASDAQ: NVDA) announced it would invest hundreds of billions in the development of infrastructure in the United States to domesticate the supply chain of chipmaking. This is especially important as COVID-19 disruptions showcased how important it is not to depend on international forces for semiconductor supply. However, this is not where the center of the action will be.

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