Taiwan Semiconductor Manufacturing Company's record Q4 results are boosting chip stocks as investors cheer new signs of AI strength.

Taiwan Semiconductor Manufacturing Co. reported quarterly results that topped analysts' estimates on growing AI demand.

President Donald Trump enacted a new 25% tariff on “certain advanced computing chips” on Wednesday, according to a White House fact sheet. That includes Nvidia’s H200 chip and AMD’s MI325X. However, chips imported to support building up the US technological supply chain would be exempt.

Nvidia's chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC) posted a strong forecast for AI revenue growth and capital expenditures.

Diosdado Pamittan Banatao (pronounced Ba NAH tao), known as “Dado,” was born May 23, 1946, in the farming town of Iguig in the Cagayan Valley region of the Philippines. (His first name means “God-given.”) While his father, Salvador, farmed, his mother, Rosita, worked as a housekeeper.

Once the dominant player in chips, Intel has struggled to keep pace with rivals over the past decade. An executive discussed the company’s AI strategy and future direction, driven by the launch of its new Core Ultra 3 chips.

Stocks across the chipmaking supply chain were getting a boost Thursday. A blowout investment forecast from Taiwan Semiconductor Manufacturing was lifting the sector.Taiwan Semiconductor, or TSMC, said its capital expenditure forecast for this year will be in the range of $52 billion to $56 billion,

A chip that produces microscopic “earthquakes” could change smartphone design, allowing manufacturers to shrink internal components while boosting signal handling and data speeds using surface acoustic wave technology.