Taiwan overtook the Indian stock market: Market cap crossed ₹415 lakh crore due to rise in AI and chip sector, India’s value ₹413 lakh crore

Taiwan overtook the Indian stock market: Market cap crossed ₹415 lakh crore due to rise in AI and chip sector, India’s value ₹413 lakh crore

New Delhi49 minutes ago copy link Taiwan has left India behind in terms of stock market value (market cap). In the era of Artificial Intelligence (AI), the huge rise in the shares of ‘Taiwan Semiconductor Manufacturing Company’ (TSMC), the world’s largest chipmaker company, has given Taiwan this lead. According to Bloomberg, as of Monday, Taiwan’s…

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AI Chip Demand Drives Taiwan Chipmaker TSMCs’ Second Quarter Profits Up By 30%

    AI Chip Demand Drives Taiwan Chipmaker TSMCs’ Second Quarter Profits Up By 30%

    TSMC is the world’s largest contract chipmaker (REUTERS/Ann Wang/ File Photo) Taipei: Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand.The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited…

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