Intel, Nvidia, AMD Get Boost From Record TSMC Profits, Bullish Chip Demand Forecast

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The Street

By Martin Baccardax TSMC, the world’s biggest contract chipmaker, is doubling its forecast for revenue growth amid what it calls a “multi-year industry megatrend” for global semiconductor demand. Taiwan Semiconductor Mfg. Co. Ltd., (TSM) – Get Taiwan Semiconductor Manufacturing Co. Ltd. Report the world’s biggest contract chipmaker and a lead supplier for Apple (AAPL) – Get Apple Inc. Report iPhones, posted record quarterly profits and forecast a record boost in capital spending to meet the surge in global semiconductor demand. TSMC said earnings for the three months ending in December rose 16…

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