/Chip%20During%20Rush%20Hour.jpg)
Last week Taiwan Semiconductor Manufacturing Company Ltd (TSM), a large semiconductor fabrication company, released a surprise increase in April revenue. As a result, call options in TSM stock are having unusual activity today, underlining its underlying value. TSM directly benefits from the increased focus on cloud server and AI chips.
For example, TSMC is a preferred fabricator of high-performance GPUs and specialty AI chips designed by Nvidia (NVDA), which is set to release its quarterly earnings today.