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Is the demand for AI chips enough to offset the weakness in consumer electronics?
Taiwan Semiconductor Manufacturing (TSM 1.26%) has reportedly seen an increase in utilization rate for some of its manufacturing lines, thanks to the demand for Nvidia's (NVDA 6.18%) artificial intelligence (AI) chips. Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say. Also, consider subscribing and click the special offer link below.
*Stock prices used were the market prices of May 30, 2023. The video was published on May 31, 2023.
Billy Duberstein has positions in Taiwan Semiconductor Manufacturing. Jose Najarro has positions in Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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