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Benzinga

Business

Ananya Gairola

Wedbush Analyst Says TSMC Blowout Earnings Confirm AI Demand Is 'Really, Really Strong' — Bullish Signal For Nvidia And Big Tech

Nvidia TSMC TSM Wedbush Matt Bryson United States NVIDIA Corporation Taiwan Semiconductor Manufacturing Co Wedbush Securities Donald Trump

TSMC

On Thursday, Wedbush Securities' Matt Bryson said Taiwan Semiconductor Manufacturing Co.'s (NYSE:TSM) stellar second-quarter earnings leave little doubt that artificial intelligence (AI) demand remains red hot — a promising signal for Nvidia Corporation (NASDAQ:NVDA) and the broader tech sector.

What Happened: In a conversation with Yahoo Finance following TSMC's earnings release, Bryson said that the report reinforces the strength of AI-related demand.

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