Key Points
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Nvidia is expanding its competitive advantages by offering complete systems for AI development, in addition to its GPUs.
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TSMC anticipates robust demand for AI chips to continue, expecting a 50% annual growth through 2029.
Morgan Stanley projects corporate spending on AI could reach $10 trillion, indicating significant growth potential in the industry. Nvidia reported a 66% year-over-year increase in its data center business in the most recent quarter, driven by rising demand for its GPUs, which will be complemented by its new Rubin platform launching later this year—aimed at creating efficient AI supercomputers.
Taiwan Semiconductor Manufacturing (TSMC) recently reported a 25% revenue increase year-over-year to $34 billion for Q4, contributing to $122 billion in annual revenue and $55 billion in net income. TSMC’s management projects a continuous annual growth rate of 17% over the last decade, bolstered by advancements in AI chip demand.
