AMD Develops Chips While Nvidia Secures TSMC Supplies

The global demand for artificial intelligence continues to drive significant activity in the semiconductor industry, even as some growth metrics show a nuanced picture. TSMC, the world's largest contract chipmaker, reported its October revenue jumped 16.9 percent year-on-year to T$367.47 billion, or about $11.86 billion. This marked its highest-ever monthly sales, also rising 11 percent from the previous month. Year-to-date, TSMC's revenue reached T$3.13 trillion, a 33.8 percent increase from last year. However, this 16.9 percent growth rate was the slowest since February 2024, leading to some questions about the pace of the AI boom, despite industry leaders remaining optimistic. Nvidia CEO Jensen Huang actively seeks more chip supplies from TSMC, meeting with CEO C.C. Wei and stating that his business is growing stronger each month. TSMC confirms its capacity remains very tight, benefiting from strong demand for advanced mobile devices and high-performance computing products, including GPUs and ASICs. TSMC also supplies chips to other major players like Advanced Micro Devices, Qualcomm, and Apple. Analysts like Citi's Atif Malik maintain a 'buy' rating for Nvidia, raising its price target to $220 per share and forecasting third-quarter sales of $56.8 billion, exceeding Wall Street's $54.6 billion forecast. Major tech giants are pouring massive investments into AI infrastructure. Meta Platforms, Alphabet (Google), Amazon.com, and Microsoft collectively plan to spend over $400 billion on AI next year. Congresswoman Marjorie Taylor Greene even made a profitable investment in Amazon, considered a top AI stock, after its strong quarterly earnings. TSMC itself expects its AI-related chip sales to grow over 45 percent annually from 2024 to 2029. Beyond chips, the AI infrastructure boom extends to other sectors. CoreWeave, an AI cloud provider, reported strong third-quarter 2025 results with revenue reaching $1.36 billion and a significant backlog of $55.6 billion, nearly doubling from the previous quarter. This substantial backlog indicates a need for increased capital spending and power, with CoreWeave's active power at 590 megawatts. The demand for AI also highlights opportunities in utilities, which provide the immense electricity needed for data centers, and companies like Digital Realty that operate these facilities. In the startup ecosystem, AI is also thriving. AI-related healthcare startups have already secured $10.7 billion in funding this year, surpassing last year's total of $8.6 billion, with a notable $200 million investment for Genesis Therapeutics. Lovable, a one-year-old AI coding startup, is nearing 8 million users, has raised $228 million in funding, and boasts over 100 percent net dollar retention. Even traditional hardware companies like Lenovo are investing in AI research and development, planning AI-enabled PCs and data center solutions, though they face stiff competition from Nvidia and Intel.

Key Takeaways

• TSMC's October revenue reached T$367.47 billion ($11.86 billion), marking its highest-ever monthly sales, up 16.9 percent year-on-year and 11 percent month-over-month.
• Despite the strong figures, TSMC's 16.9 percent October growth rate was its slowest since February 2024, prompting discussions about the pace of AI demand.
• Nvidia CEO Jensen Huang is actively seeking more chip supplies from TSMC, stating his business is growing stronger each month, with TSMC confirming tight capacity.
• Meta Platforms, Alphabet (Google), Amazon.com, and Microsoft plan to invest over $400 billion in AI infrastructure next year.
• TSMC projects its AI-related chip sales will grow over 45 percent annually from 2024 to 2029.
• Funding for AI-related healthcare startups has reached $10.7 billion this year, exceeding the $8.6 billion raised in all of 2024.
• AI coding startup Lovable is nearing 8 million users, has raised $228 million in total funding, and achieved a $1.8 billion valuation.
• CoreWeave reported a revenue backlog of $55.6 billion, nearly doubling from the previous quarter, indicating significant future capital and power needs.
• Citi raised Nvidia's price target to $220 per share, forecasting third-quarter sales of $56.8 billion, above Wall Street estimates.
• The AI infrastructure boom also presents opportunities in utilities and data center operators, as AI systems require substantial electricity and physical locations.

TSMC October Revenue Jumps 17 Percent on Strong AI Demand

TSMC, the world's largest contract chipmaker, saw its October revenue increase by 16.9 percent year-on-year to T$367.47 billion, which is about $11.86 billion. This growth comes from the high demand for artificial intelligence chips. Its revenue also rose 11 percent from the previous month. From January to October, TSMC's revenue reached T$3.13 trillion, a 33.8 percent increase from last year. NVIDIA CEO Jensen Huang recently asked TSMC for more chip supplies due to strong AI chip demand.

TSMC Sales Growth Slows in October Despite Strong AI Outlook

TSMC reported that its sales growth slowed in October, rising 16.9 percent, the slowest pace since February 2024. This raises questions about the pace of AI demand, even though industry leaders remain positive. Analysts expect TSMC's sales to grow by 16 percent this quarter. Major tech companies like Meta Platforms, Alphabet, Amazon.com, and Microsoft plan to spend over $400 billion on AI next year. Nvidia CEO Jensen Huang met with TSMC CEO CC Wei to request more chip supplies, stating his business is growing stronger each month.

TSMC October Sales Growth Slows Amid AI Demand Questions

TSMC reported its October sales grew 16.9 percent, the slowest rate since February 2024, which suggests a possible slowdown in AI demand. Despite this, TSMC shares have risen about 37 percent this year. Nvidia CEO Jensen Huang stated that AI hardware demand is "growing month by month" and asked TSMC for more chip supplies. TSMC CEO C.C. Wei confirmed these talks and said the company's capacity remains very tight. The article also discusses concerns about an "AI bubble" due to massive investments and high valuations in the AI sector.

TSMC Achieves Record October Sales Driven by AI Demand

Taiwan Semiconductor Manufacturing Co. TSMC announced its highest-ever monthly sales in October, reaching NT$367.47 billion, or about US$11.85 billion. This figure is up 16.9 percent from last year and 11 percent from the previous month, breaking April's record. The company's sales from January to October rose 33.8 percent to NT$3.13 trillion. This strong performance is mainly due to high global demand for artificial intelligence applications. TSMC expects its AI-related chip sales to grow over 45 percent annually from 2024 to 2029.

TSMC Growth Slows in October Yet AI Investments Remain Strong

TSMC reported a 16.9 percent increase in October revenue, marking its slowest growth since February 2024. Despite this slowdown, TSMC shares have climbed 37 percent this year, and major tech companies remain optimistic about AI. Meta Platforms, Alphabet, Amazon, and Microsoft plan to invest over $400 billion in AI infrastructure next year. Nvidia CEO Jensen Huang met with TSMC CEO C.C. Wei to secure more chip supplies, stating his company is growing stronger each month. TSMC also supplies chips to Advanced Micro Devices, Qualcomm, and Apple.

TSMC October Sales Steady as AI Demand Boosts Future Outlook

TSMC reported October revenue of NT$367.47 billion, a 16.9 percent increase from last year, though slower than September's 39.6 percent jump. Monthly sales rose 11 percent, keeping year-to-date growth near 34 percent. The company continues to benefit from strong AI demand, supplying chips to Apple, Nvidia, and Advanced Micro Devices. Analysts predict a 16 percent rise in TSMC's fourth-quarter sales. Nvidia CEO Jensen Huang is actively seeking more chip supplies from TSMC to meet high AI demand.

TSMC Sales Growth Slows Sparking AI Boom Questions

TSMC, the world's largest contract chipmaker, reported slower monthly revenue growth in January. Its revenue rose 2.6 percent year-on-year to NT$195.2 billion, or $6.2 billion, which is slower than December's 14.4 percent increase. This slowdown raises questions about how long the current AI boom can last, even though companies like Nvidia still see strong demand for their AI chips. TSMC is a major supplier for AI chip designers, and its sales figures often show trends for the entire tech sector. Analysts are closely watching to see if the demand for AI chips will remain strong.

TSMC Reports Slower Chip Sales Raising AI Market Concerns

TSMC announced a slowdown in its monthly revenue growth, which creates uncertainty about how long the current AI boom will last. This comes even as major companies like Nvidia continue to seek more chip orders. Matthew Bloxham from Bloomberg Intelligence provided insights into this situation. The performance of TSMC, a key chip supplier, often indicates trends in the broader technology sector.

Utilities Offer Overlooked Opportunity in AI Infrastructure Boom

While Nvidia's chips are crucial for AI, investors can also profit from other parts of the AI infrastructure. AI systems need physical locations, like data centers, which Digital Realty operates globally. Building these data centers requires materials, such as steel supplied by Nucor. Most importantly, AI needs a lot of electricity to run. Investing in utilities, which provide this power, could be a simple yet effective way to benefit from the AI boom. The Vanguard Utilities ETF (VPU) is suggested as a way to invest in this sector.

Utilities Offer Overlooked Opportunity in AI Infrastructure Boom

While Nvidia's chips are crucial for AI, investors can also profit from other parts of the AI infrastructure. AI systems need physical locations, like data centers, which Digital Realty operates globally. Building these data centers requires materials, such as steel supplied by Nucor. Most importantly, AI needs a lot of electricity to run. Investing in utilities, which provide this power, could be a simple yet effective way to benefit from the AI boom. The Vanguard Utilities ETF (VPU) is suggested as a way to invest in this sector.

Congresswoman Greene Profits From Amazon AI Stock Bet

Congresswoman Marjorie Taylor Greene made a profitable investment in Amazon.com Inc. She bought shares of Amazon, which is considered a top AI stock, on October 24. Her investment was between $1,001 and $15,000. Amazon's shares increased significantly after the company released its latest quarterly earnings report.

AI Healthcare Startups See Strong Funding Growth in 2025

Funding for AI-related healthcare startups is growing significantly this year, with $10.7 billion already invested in seed- to growth-stage companies. This amount is 24.4 percent higher than the total $8.6 billion raised in all of 2024. AI adoption in healthcare is 2.2 times faster than in other industries, and startups receive 85 percent of all generative AI spending in this sector. A major investment was $200 million for Genesis Therapeutics in March, with other large rounds for companies like Abridge and Hippocratic AI in October. This trend shows that AI is having a big impact on healthcare, attracting more capital as solutions improve and providers adopt them.

Citi Raises Nvidia Price Target Before Earnings Report

Citi maintained its "buy" rating for Nvidia and increased its target price to $220 per share from $210, suggesting a 17 percent upside. Citi analyst Atif Malik expects Nvidia to report third-quarter sales of $56.8 billion, higher than Wall Street's forecast of $54.6 billion. He also predicts Nvidia will exceed expectations and raise its outlook for the upcoming quarter. Malik revised his forecast for the 2028 data center semiconductor market to $654 billion, a 16 percent increase. He believes Nvidia's stock is attractive compared to its AI competitors.

TSMC Maintains Buy Rating After Strong October Sales

Bank of America Securities analyst Mike Yang kept a "Buy" rating on TSMC due to its strong October sales. The company's sales increased 11 percent month-over-month and 17 percent year-over-year, matching its fourth-quarter sales predictions. This growth comes from high demand for advanced mobile devices and high-performance computing products, especially in GPU and ASIC areas. TSMC also kept its profit margins as expected, supported by ongoing demand for cloud AI. Needham also gave TSMC a "Buy" rating with a $360.00 price target on October 27.

Lenovo Stock Drops 10 Percent Is It a Bargain

Lenovo Group's stock has been volatile, rising 12.3 percent this year but dropping 10.2 percent last month. The company reported $57 billion in revenue, a slight decrease, but net income increased due to its services segment. Lenovo is investing in AI research and development, planning AI-enabled PCs and data center solutions. However, the AI hardware market is very competitive with major players like Nvidia and Intel. Investors should consider risks like global economic conditions and competition before deciding if the recent stock drop makes Lenovo a good buy.

CoreWeave Exceeds Sales Forecasts With $55 Billion Backlog

CoreWeave reported strong third-quarter 2025 results, with revenue reaching $1.36 billion, surpassing analyst estimates. Its adjusted operating income also exceeded expectations at $217.15 million. The company's revenue backlog grew significantly to $55.6 billion, nearly doubling from the second quarter's $30.1 billion. This large backlog suggests a need for more capital spending and power. However, CoreWeave's active power of 590 megawatts was slightly below what analysts expected.

AI Coding Startup Lovable Nears 8 Million Users

Lovable, a one-year-old AI coding startup, is quickly approaching 8 million users and aims to attract more corporate clients. The company has raised $228 million in total funding, with a $200 million round this summer valuing it at $1.8 billion. Lovable reached $100 million in annual recurring revenue in June and boasts over 100 percent net dollar retention. CEO Osika stated that over half of Fortune 500 companies use Lovable, alongside individual users creating successful projects. The company is actively hiring security engineers to ensure its platform is more secure than traditional coding methods.

Sources

• TSMC Oct revenue up 17% as AI-fueled demand persists By Investing.com
• TSMC monthly sales growth slows as AI demand moderates
• TSMC’s Monthly Sales Growth Hits Lowest Since Feb 2024, Hints at AI Demand Drop
• TSMC records monthly sales high in October
• TSMC sees slowdown in growth, but AI investments continue to rise
• TSMC Sales Cool After Record Surge -- AI Orders Keep Outlook Bright
• TSMC’s Slowing Monthly Sales Fuel AI Sustainability Debate
• TSMC Reports Slower Chip Sales, Fueling AI Uncertainty
• Is This the Most Overlooked Way to Profit From AI Infrastructure Spending?
• Is This the Most Overlooked Way to Profit From AI Infrastructure Spending?
• This Congresswoman’s Bet on Amazon.com (AMZN) Was Profitable
• Crunchbase Sector Snapshot: Funding To AI-Related Healthcare Startups Is Robust This Year
• Citi lifts Nvidia price target heading into AI giant's earnings report
• TSMC’s Strong Sales Performance and Strategic Positioning in the Growing AI Market: Buy Rating Maintained
• Is Lenovo Group a Bargain After 10% Drop Amid AI Hardware Launches?
• CoreWeave reports better sales and operating income than any analyst anticipated; revenue backlog swells above $55 billion
• Lovable says it's nearing 8 million users as the year-old AI coding startup eyes more corporate employees