URL has been copied successfully!
Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading higher Friday morning. The rally follows impressive sales data from a key partner.
The Nasdaq is up 0.05% while the S&P 500 has shed 0.07%.
TSMC Revenue Boosts Chip Sector
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) reported a 35.1% year-over-year revenue increase for the first quarter. Sales reached approximately $35.6 billion. This performance exceeded analyst estimates of $35.2 billion.
AI Demand Remains Resilient
The rising tide effect is lifting the semiconductor …
Please follow us:
This post was originally published here
